India’s Minister of Petroleum & Natural Gas Hardeep Singh Puri sits on a panel as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. | Photo Credit: Reuters Over the next two decades, India will contribute to 35% of the global increase in energy … Read more
Bank of Baroda is likely to raise up to Rs 5,000 crore through the issuance of infrastructure bonds in coming days, as the state-owned lender looks to garner long-term funds amidst firm demand for credit. The bank may conduct the debt sale on September 6, with the issuance likely to have a base size of … Read more
Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for weekly and monthly gains as a September interest rate cut by the U.S. Federal Reserve remains in play. Spot gold was down 0.2% at $2,515.99 per ounce, as of 9:52 a.m. ET … Read more
Leader of Opposition in Lok Sabha, Rahul Gandhi, on Saturday reiterated his demand and the importance of conducting a nationwide caste census, saying it was not just a census but served as a foundation for effective policymaking. Addressing a Samvidhan Samman Sammelan in Uttar Pradesh’s Prayagraj, Rahul Gandhi stated that 90 per cent of the … Read more
With the previous norm of one autorickshaw stand at each junction expanding to multiple stands at different sides of the same junction, non-governmental organisations and others are urging civic and enforcement agencies to tackle the obstructive parking of autorickshaws and buses at junctions. Pointing to half-a-dozen of autorickshaw stands at junctions like Vyttila, T.N. Pratapan, … Read more
Union Minister Shobha Karandlaje. File | Photo Credit: Special Arrangement Union Minister Shobha Karandlaje has called for the resignation of Karnataka Chief Minister Siddaramaiah following Governor Thaawarchand Gehlot’s decision to grant permission for his prosecution in the alleged Mysuru Urban Development Authority (MUDA) scam on Saturday (August 17, 2024). Speaking to reporters, Ms. Karandlaje said, … Read more
A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy … Read more
Sweet orange farm of Gurram Srinivas Reddy at Tippalammagudem Village of Tipparthi mandal in Nalgonda district. Stating that they had suffered significant financial losses due to poor quality saplings purchased from nurseries maintained by Dr Y.S.R. Horticultural University (Dr Y.S.R.H.U), Andhra Pradesh, sweet orange/sweet lime farmers are urging the Telangana government to intervene and … Read more
Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption. Investors were, however, caught off guard due to the increase in LTCG and STCG tax rates, leading to a knee-jerk reaction on D-Street. “While the … Read more
A file photo of Mumbai Regional Congress Committee president Varsha Gaikwad at her residence in Mumbai. | Photo Credit: Emmanual Yogini Senior Congress leaders in Mumbai have called for replacing city unit chief and Dalit leader Varsha Gaikwad to strengthen the organisation ahead of the crucial Maharashtra Assembly election in October. The leaders argue that … Read more