Sitharaman to chair G20 meet of finance ministers, central bank governors tomorrow

New Delhi (IANS) Finance minister Nirmala Sitharaman on Sunday embarked on a visit to Gandhinagar to attend the third G20 Finance Ministers and Central Bank Governors (G20FMCBG) meetings, which is to be held under India's G20 presidency on July…

India's ambitious skilling upgrade plan sets course for transformative future on World Youth Skills Day 2023

New Delhi (IANS) As machines get smarter and the world gets more specialised, India is taking significant strides towards becoming the skills capital of the world.

The government is drawing up an ambitious skilling upgrade plan aimed at training…

Unlike domestic inflation print, globally food prices ease across categories

New Delhi (IANS) With a weightage of 0.57 per cent in the CPI basket, pricing pressures in Tomato is unlikely to substantially impact the headline inflation unless prices of other two main crops (potato and onion) move in tandem, JM Financial Institutional…

Lower realisations, higher raw material cost to adversely impact steel firms’ margins

New Delhi (IANS) Margins for steel companies are expected to decline QoQ in 1Q, JM Financial Institutional Securities said in a report.

Recent correction in Coking coal prices is likely to aid spreads for steel majors from 2QFY24.

Metal…

Tesla car for Rs 20 lakh in India still a distant dream, say experts

New Delhi (IANS) As reports surfaced on Tesla considering a cheaper Model 3 in India around Rs 20 lakh as it mulls bringing its supply chain ecosystem to the country in the near future, industry experts on Thursday said achieving this price range…

Bank stocks selloff drags down Nifty from all-time high

New Delhi (IANS) The Nifty reached a new record high of 19,567 intraday on Thursday, but couldn't hold on due to selling pressure, resulting in a significant decline by the end of the day, said Rupak De, senior technical analyst at LKP Securities.

BSE Sensex crosses milestone of 66,000 points led by IT heavyweights

New Delhi (IANS) BSE Sensex crossed the milestone of 66,000 points on Thursday morning.

BSE Sensex is up 625 points in a ferocious rally at 66,019 points powered by positive cues from the US market.

Sensex was up 586 points at 65,980…

Retail inflation rises to 4.81% in June as food prices shoot up

New Delhi (IANS) India's retail inflation, which is measured by the Consumer Price Index (CPI), rose to 4.81 per cent in June following a huge spike in food prices.

Food inflation stood at 4.49 per cent in June, as per data released on…

Delhi HC allows cash-strapped Go First to carry out maintenance of on-lease aircraft

New Delhi (IANS) The Delhi High Court on Wednesday allowed cash-strapped Go First airline to carry out maintenance of its on-lease aircraft and permitted the lessors to inspect the planes at regular intervals as per a single-judge bench's order.

Mazagaon Dock Shipbuilders up almost 9% in trade

New Delhi (IANS) Mazagaon Dock Shipbuilders stock was up almost 9 per cent in trade on Wednesday as defence sector stocks are in the limelight in anticipation of orders.

Mazagaon Dock was quoting at Rs 1,730 on BSE, up 8.9 per cent.

In…