Centre allows duty-free imports of 20 lakh tonne crude soy, sunflower oil each

New Delhi (IANS) The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an official…

Centre puts limit on sugar exports

New Delhi (IANS) The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.

The latest move comes days after banning the export of wheat in order to control rising inflation and to…

Third straight day losses for domestic indices, Sensex declines 303 pts

New Delhi (IANS) Extending their losses for the third straight day, domestic equity benchmark indices settled in the red on Wednesday.

Indian indices opened higher on Wednesday but afterwards turned negative later in the day.

Sensex…

Rosneft boosts production with domestic innovations

New Delhi(IANS) Orenburgneft, Rosneft's subsidiary and part of its oil and gas production segment, has achieved record oil production results from introducing domestic innovations.

In 2021, Orenburgneft's drilling grew by 30 per cent,…

Indian data centre market to see up to Rs 1.20 lakh cr investment in 5 yrs

New Delhi (IANS) The Indian data centre market is likely to add 3,900-4,100 MW of capacity with Rs 1.05-Rs 1.20 lakh crore as investment in the next five years, a new report showed on Tuesday.

Larger hyper-scaler companies like Amazon Web Services,…

Equity indices settle largely steady, Nifty metal top loser

New Delhi (IANS) Indian equity benchmark indices traded sideways on Monday and settled largely steady.

Sensex closed at 54,288.61 points, down 37.78 points or 0.07 per cent, whereas Nifty was at 16,214.70 points, down 51.45 points or 0.32 per…

Equity benchmarks up in opening deals

New Delhi (IANS) Equity benchmark indices rose in opening deals on Friday led by gains in auto, oil & gas, metals stocks. Also, value buying post recent slump too buoyed the indices.

At 10.07 a.m., Sensex was 1,105 points up at 53,897, whereas…

SC: GST council's recommendations not binding on Centre, state governments

New Delhi (IANS) The Supreme Court on Thursday ruled that GST council's recommendations are not binding on the Centre and state governments.

A bench headed by Justice D.Y Chandrachud said GST Council recommendations only have a persuasive…

Zoho's enterprise IT firm ManageEngine to hire 1,000 in India this year

Bengaluru (IANS) ManageEngine, the enterprise IT management division of tech company Zoho Corporation, on Thursday announced its plans to hire 1,000 employees in 2022 in India for development, research and development and customer-facing roles.

Bharti Airtel's revenues up 22% YoY, net profit 165% in Q4FY22

New Delhi (IANS) Telecom service provider Bharti Airtel posted quarterly revenues of Rs 31,500 crore in Q4FY22, up 22.3 per cent year on year.

The sharp rise in revenues was backed by strong and consistent performance delivery across portfolios.