In a bid to phase out polluting vehicles from the national capital, the Delhi government on January 28 said it plans to make pollution under control (PUC) certificate mandatory for filling fuel at pumps. The draft policy will be placed for public opinion before being notified, the government said. Once […]
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US Fed puts markets on the slippery slope; Sensex falls 581 points
Investors continued to pull out of risky assets as US Federal Reserve officials signalled that they were on course to raise interest rates in March, citing high inflation. The Sensex dropped as much as 1,419 points, or 2.5 per cent, on Thursday before recouping some of the losses. After a wild ride, the 30-share […]
Railway job aspirants vandalise train in Gaya, set coach on fire
Aspirants protesting against the alleged irregularities in Railway Recruitment Board’s exam allegedly set a bogie of the Bhabua-Patna Intercity Express on fire on Wednesday in Bihar’s Gaya, said the police. The police had to release several rounds of tear gas to stop the miscreants, added the police. “Situation under control […]
President Ram Nath Kovind to address nation today on eve of 73rd Republic Day
President Ram Nath Kovind will address the nation today on the eve of the 73rd Republic Day, a Rashtrapati Bhavan communique issued said. The address will be broadcast from 7 pm on the entire national network of All India Radio (AIR) and telecast over all channels of Doordarshan in Hindi […]
Oil prices climb 1% on fears of tighter supply
Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. Brent crude futures rose 87 cents, or 1.0 percent, to $88.76 a barrel by 0100 […]
Deposits in bank accounts opened under Jan Dhan scheme cross Rs 1.5 trn
Deposits in bank accounts opened under the Jan Dhan scheme, launched about seven and half years ago by the government, have crossed the Rs 1.5 lakh crore mark. As per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs […]
World food prices ease in Dec, but hit 10-year peak in 2021: FAO
World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.7 […]
Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment
The Sensex reclaimed the 60,000 mark after seven weeks, despite rising Covid-19 cases, as the benchmark indices closed higher for the fourth straight session on Wednesday. Inflows from foreign portfolio investors (FPIs), expectations of good quarterly results, and optimism triggered by positive macroeconomic numbers enthused investors. The Sensex gained 367 points, or 0.6 per […]
India’s 2022 steel consumption seen strong amid muted prices, infra push
The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is expected to jump to 111 million tonnes (mt) in calendar year 2022 (CY22) after […]
India’s 2022 steel consumption seen strong amid muted prices, infra push
The government’s thrust on infrastructure, coupled with an increase in demand from the construction, engineering, and other sectors, is expected to push up domestic steel consumption in 2022, according to brokerages and rating agencies. The country’s consumption is expected to jump to 111 million tonnes (mt) in calendar year 2022 (CY22) after […]