Policy support: RBI MPC retains accommodative stance, repo rate

Mumbai (IANS) The Reserve Bank of India (RBI) on Friday retained its key lending rate during the first monetary policy review of FY23.

Besides, the growth-oriented accommodative stance was also retained.

Accordingly, the Monetary Policy…

Indian orthodox tea exporters to benefit from Sri Lankan crisis, says ICRA

New Delhi (IANS) Indian orthodox tea producers and exporters could potentially benefit from the current economic crisis in Sri Lanka, said rating agency ICRA.

Tea production in Sri Lanka, which is the largest exporter of orthodox teas globally…

Record High: India's agri exports touch $50 bn

New Delhi (IANS) India achieved a record high of agriculture exports in 2021-22, which crossed the $50 billion-mark, the Ministry of Commerce and Industry said on Wednesday.

As per the provisional figures released by the Directorate General…

'Hope, I don't get to hear this case again': CJI on Amazon, Future Retail matter

New Delhi (IANS) Chief Justice N.V. Ramana on Wednesday said he hopes he does not have to hear this case again, while recording that Amazon and Future Retail Ltd (FRL) will move the Singapore International Arbitration Centre (SIAC) to resume arbitration…

Rise in domestic petrol prices lower than US, Germany and others: Puri

New Delhi (IANS) Rise in domestic petrol prices, due to high crude oil costs, is comparatively lower than other countries such as the US, Germany, the UK and France, Petroleum and Natural Gas Minister Hardeep Singh Puri told the Parliament on Tuesday.

Shares of Tata Motors shift gear on firm sales volumes

New Delhi (IANS) Shares of Tata Motors rose on Tuesday in an otherwise subdued broader market.

The shares of the automaker gained 6 per cent in the past three trading days as the company reported healthy sales volumes -- for both passenger…

Equity indices decline marginally on profit booking

New Delhi (IANS) India's key equity indices -- Sensex and Nifty -- declined marginally in early trade on Tuesday due to profit booking.

This comes after a sharp rise in indices on Monday led by the announcement of the merger of HDFC twins.

Indices settle high as HDFC merger lent support, Sensex up 1,335 pts

New Delhi (IANS) Keeping the opening session gains intact, India's key equity indices -- Sensex and Nifty -- settled sharply higher on Monday, driven by gains in HDFC and HDFC Bank as the two announced a merger deal which lent broad-based support…

India's garment export capital singed by the war in Ukraine

Chenna (IANS) Tiruppur Exporters Association (TEA) president Raja A. Shanmugham has said that the industry which is often referred to as the hosiery capital of South India and the Manchester of South is facing an acute crisis.

He said that…

IndAus ECTA 'watershed' moment for bilateral relations: PM Modi

New Delhi (IANS) Prime Minister Narendra Modi on Saturday said that India-Australia Economic Cooperation and Trade Agreement (ECTA) in such a short span of time reflects the depth of the mutual confidence between the two countries.

The process…