US equities edged lower in early trade on Wednesday as a fresh surge in crude oil prices reignited worries about inflation and dampened investor sentiment ahead of the Federal Reserve’s policy decision.The S&P 500 fell 0.3 per cent and was on course for its first decline this week. The Dow Jones Industrial Average dropped 180…
Benchmark equity indices Sensex and Nifty closed nearly 1 per cent higher on Wednesday, extending their recovery for a third straight session amid a slight easing in crude oil prices and supportive global cues.The 30-share BSE Sensex rose 633.29 points, or 0.83 per cent, to settle at 76,704.13. During the session, it surged as much…
The Union Cabinet on Wednesday approved the construction of a four-lane access-controlled National Highway-927 from Barabanki to Bahraich in Uttar Pradesh at an estimated cost of Rs 6,969.04 crore, aimed at improving connectivity across key economic and logistics centres in the state, according to an official statement.The Cabinet Committee on Economic Affairs (CCEA) cleared the…
Gold prices moved lower across major Indian cities on Wednesday as retail bullion rates tracked weakness in domestic futures amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision.On the Multi Commodity Exchange (MCX), gold for April delivery fell by Rs 256, or 0.16 per cent, to Rs 1,55,729 per 10 grams in…
India has launched an anti-dumping investigation into imports of ethyl chloroformate from China after domestic producer Paushak alleged that the chemical was being sold in the Indian market at unfairly low prices, hurting local industry. DGTR begins probe after complaint by Paushak As per Reuters, the Directorate General of Trade Remedies (DGTR), which functions under…
Aam Aadmi Party MP Raghav Chadha recently proposed a set of reforms aimed at easing financial pressures on ordinary citizens, highlighting tax, pension, and banking issues in a speech in Parliament. Chadha focused on three key reforms: optional joint filing of income tax returns for married couples, restoring full income tax exemption on disability pensions…
Jag Laadki at Mundra port NEW DELHI: The Indian-flagged crude oil tanker Jag Laadki arrived at Mundra port in Gujarat on Wednesday, becoming the third such vessel to reach India in as many days amid the ongoing conflict in the Middle East.Click here for live updates The tanker docked carrying approximately 80,886 metric tonnes of…
As the Middle East crisis continues to escalate, its impact is now being felt across Indian households and businesses such as eateries and restaurants, with the country relying on imports for 60% of its LPG needs. Amid rising concerns over LPG supply flows, the government is encouraging both households and commercial users to shift towards…
Gold has witnessed a modest decline lacking bullish conviction amid mixed cues as USD strength persists ahead of the US Fed decision. (AI image) Gold price prediction today: Gold prices lack an immediate bullish bias, though the current phase is more consolidative than corrective, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi…
NEW DELHI: Airlines will now have to offer at least 60% seats “on any flight” without any selection charge and passengers travelling on the same PNR — who are usually family members or the travelling in a group — will need to be seated together, “preferably on adjacent seats,” The Directorate General of Civil Aviation…
