Exports up 0.67% in Februrary; trade deficit widens to $12.62 billion
PTI Imports rose by 6.96% to $40.54 billion in the month, the data showed.
WPI inflation rises to 4.17% in Feb on costlier food, fuel
PTI The wholesale price-based inflation rose for the second consecutive month in February to 4.17%, as food, fuel and power prices spiked. The WPI inflation was 2.03% in January and 2.26% in February last year. After witnessing months of softening of prices, the food articles in February saw 1.36% inflation. In January it was (-) 2.80%. In vegetables the rate of price rise was (-) 2.90% in February, against (-) 20.82% in January. Inflation in pulses was 10.25% in February, while it fruits it was
Adani Welspun JV discovers gas in Mumbai offshore basin
Special Correspondent Spread across 714.6 sq.km., the block is located in the prolific gas-prone Tapti-Daman Sector.
The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021
Ananth Narayan This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to be done
A Budget that fails to address the hunger pandemic
Dipa Sinha In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all
A promising Budget with a few disappointments
M.Govinda Rao While the Budget promises to revive the economy faster, it continues to emphasise the protectionist trend
Stocks slip as COVID-19 cases rise, inflation worries flare
Reuters Financial stocks prove biggest drag, infotech counters offer support
Rupee surges 33 paise to two-week high on forex inflows
PTI The rupee spurted by 33 paise to close at a more than two-week high of 72.46 against the U.S. dollar on Monday, continuing its gaining streak for the fourth session in a row on the back of forex inflows. The rupee opened strong at 72.71 at the interbank forex market despite a lacklustre trend in the domestic equity market and gains in the dollar index. The dollar index recovered from a week's low on Monday on a rise in Treasury yields on inflation worries ahead of the Federal Reserve's meeting.
Exports up 0.67% in Februrary; trade deficit widens to $12.62 billion
PTI Imports rose by 6.96% to $40.54 billion in the month, the data showed.
China factory output, retail sales accelerate
Reuters Data reflects consolidation of recovery
‘Indian airports may see ₹5,400 cr. net loss in FY21’
Special Correspondent Passenger traffic drop hits sector: ICRA
India Post in talks for global Speed Post delivery via DHL
Yuthika Bhargava Dept. eyes higher revenue through tie-up with logistics firm