Economy

Despite strong global cues, oilsshowed a mixed trend with palm and soy oils being quoted higher on improved buying. Palm oil ruled at ₹795-98. Soy ...

Finger turmeric improves, root turmeric decreases

At the Erode Turmeric Merchants Association Sales yard, finger turmeric sold at ₹5,839-8,459 a quintal, root variety at ₹5,089-7,899 . At the ...

Sugar remains steady

Sugar prices at all level from market to mill level remained steady on routine demand, supply and volumes . On Wednesday 16-18 mills in ...

Global black tea output up 8.56%

Global black tea output up 8.56%With all major tea producing nations reporting higher output, the global black tea production so far this calendar has ...

Gold: Overall picture bullish, shaky in the near term

Comex gold futures, rose for a second session on Thursday, lifted by a weaker dollar, worries about renewed trade tensions and volatile emerging ...

Spot rubber closes unchanged

Spot rubber closed unchanged on Thursday. RSS 4 finished flat at ₹128 a kg, according to traders and the Rubber Board. The grade was quoted steady at ...

Sentiments in edible oil rules steady

Sentiments in edible oils market ruled steady on slack demand. Allana sold about 500 tonnes soyabean refined oil at ₹760 10 kg for any ten days up to ...

CSC, SIDBI ink pact for financial support to village level entrepreneurs

Small Industries Development Bank of India (SIDBI) will provide financial support to village level entrepreneurs who operate the Common Service ...

Centre will find a way out to deal with fuel prices, says Pradhan

The Centre is deliberating on an “immediate solution” to deal with rising fuel prices, Union Oil Minister Dharmendra Pradhan said today. He also ...

Salary scam: Railway Board directs departments to transfer, suspend staffers

New Delhi, May 24 (PTI) In the wake of a salary disbursement scam, the Railway Board has asked the zonal railways’ vigilance departments to ...

IMD says 'Mekunu' could become 'extremely severe cyclone' by Friday

India Met Department (IMD) has upgraded the prognosis for very severe cyclone 'Mekunu' saying it could intensify further as 'extremely severe ...

Exogenous factors to test Modi govt in fifth year in office: Crisil

Rising oil prices, rupee depreciation could affect growth engine

Windfall oil tax on ONGC in offing to soften fuel prices

Tax may be in form of cess that kicks in when prices cross $70 per barrel

Govt hikes customs duty on wheat to 30% to curb cheaper imports

Import duty on walnut shell increased to 100%

PE investments in retail sector touch Rs 5,500 cr since 2015: JLL

The Indian retail sector has attracted Rs 1,000 crore private equity investment in the March 2018 quarter, taking the cumulative investment since ...

MEP Infra net profit doubles in Q4

MEP Infrastructure Developers Ltd has reported a consolidated net profit of Rs 26 crore for the quarter ended March 31, 2018 against Rs 12 crore in ...

Open pond culture of seabass can hook big business for small farmers

The Marine Products Export Development Authority has successfully demonstrated open pond culture of Asian Seabass (Lates calcarifer) which can ...

Uber ties up with Kochi Metro

Uber has announced a partnership with Kochi Metro Rail Ltd to provide commuters last-mile connectivity options.The first phase of this partnership ...

Now, foreign ships can move commodities on local routes

Items must form at least 50% of all cargo

Potato price up on labour shortage

Workers on an extended break, supplies hit

Prism Crop Science to launch ₹15-cr facility

Prism Crop Science Pvt Ltd, a 10-year-old agri inputs company, will launch a ₹15-crore manufacturing facility in Yadadri Bhuvanagiri district.“The ...

Crude oil: Inflation worry makes a case for tax cut

Escalating geopolitical tensions, triggered primarily by the threat of US sanctions on Venezuela and Iran that can potentially crimp supplies in an ...

India challenges US tariffs on steel, aluminium at WTO

trade barriers India challenges US tariffs at WTO Mounting pressure on the US to roll back higher import duties on Indian steel and aluminium ...

Madras HC halts construction of Sterlite’s second unit

Two more killed in clashes; State govt appoints probe panel

Home buyers to get rights as ‘creditors’ of insolvent firms

Ordinance amends bankruptcy code to bring them on par with banks, involve them in resolution

Jet Airways posts ₹1,040-crore net loss in Q4

Jet Airways reported a net loss of ₹1,040 crore in the fourth quarter ended March 31 against a profit of ₹583 crore due to increase in fuel prices and ...

Mixed trend in edible oil

Imported palmolein and soya oil extended gain by ₹6 and ₹1 each on BCE on Wednesday on speculation about duty hike. But market sentiments cooled down ...

Downtrend continues in tur

Downtrend continued in tur amid adequate availability. Prices in Maharasahtra declined to ₹4,150 a quintal. Tur (Madhya Pradesh) ruled at ...

FSSAI moves to make drinking water vending machines safe

The Food Safety and Standards Authority of India is for the first time looking at steps to ensure safety and quality of drinking water offered or sold ...

Prime Minister reviews grievance-handling in railways, postal services

Prime Minister Narendra Modi on Wednesday reviewed the progress in handling and resolution of grievances related to post offices and railways. In his ...

Penal interest on loans to Vizag, Paradip ports waived; Scooters India balance-sheet rejig cleared

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved penal interest waiver and balance sheet restructuring of over ₹1,329 crore for ...

Fuel price: No ad hoc measures; Govt ‘working on a long-term solution’

Law Minister refuses to elaborate on the steps being considered for relief

Spot turmeric decreases

The price of spot turmeric has decreased and the trend may continue,said Krishnamurthy, a trader. At the Merchants Association Sales yard, finger ...

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