New Delhi, May 13 (IANS) Air India has decided to suspend several international flights for three months, beginning June, amid surging jet fuel prices due to the Middle East crisis, said reports.
New Delhi, May 13 (IANS) The government on Wednesday announced a hike in customs duties on gold and silver to 15 per cent from 6 per cent as policymakers move to contain pressure on India’s foreign exchange reserves and the external account amid the ongoing West Asia conflict.
New Delhi, May 12 (IANS) Prime Minister Narendra Modi's appeal to citizens to be pragmatic and responsible amid the current global volatility is being seen as a prudent set of measures preparing the country to be resilient enough to endure a period of sustained uncertainty and possible rise in international oil and energy prices.
New Delhi, May 12 (IANS) The global fuel price shock has shattered Pakistan because of the country’s heavy reliance on imported energy and its weak balance-of-payments position, taking its monthly trade deficit ballooned to $4.07 billion in April, according to a new report.
New Delhi, May 12 (IANS) The government on Tuesday said it has revised the release date of the provisional estimates (PE) of annual gross domestic product (GDP) and quarterly estimates of GDP for fourth quarter (Q4), from last working day of May to June 7 (or the previous working day if June 7 is a holiday) of every year.
New Delhi, May 12 (IANS) The moderate jump in inflation in April reflects relatively stable price conditions across several core consumption categories, particularly transport, industry leaders said on Tuesday.
New Delhi, May 12 (IANS) India’s economy continues to show resilience despite rising global uncertainty and the impact of the ongoing West Asia conflict, remaining the fastest-growing major economy in the world, an Assocham ‘Global Economic Outlook’ said on Tuesday.
New Delhi, May 12 (IANS) Although foreign banks have been in China for decades, they have failed to grow and currently account for a mere 5 per cent of the country’s total banking assets, according to a media article.
New Delhi, May 12 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said its maritime subsidiary Astro Offshore has partnered with US-based engineering and applied technology company Oceaneering International Inc. to expand into ultra-deepwater and subsea operations, a major step in its global offshore growth strategy.
New Delhi, May 12 (IANS) China should stop hoarding food and fertiliser to ease the global supply crisis caused by the US-Iran war, former World Bank president David Malpass said, according to a report on Tuesday.
