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Diesel shipments from India to Europe this month fell to their lowest since 2022. Houthi attacks on merchant shipping continue to impact international trade. Amidst the turmoil in the Red Sea, it has become better to ship goods east rather than west. Due to this, the flow of goods to …
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Apparel MSMEs at risk of huge losses due to new payment norms
Mumbai: Micro, Small and Medium Enterprises (MSME) apparel manufacturers are at risk of losses of Rs 5 to 7 thousand crore in the March quarter of the current year. The Clothing Manufacturers Association of India, representing India's apparel industry, blamed amendments to the Income Tax Act for the loss. According …
Read More »The country's sugar production is expected to decrease by ten percent in the current season – News India Live
Mumbai: According to data from the Indian Sugar Mills Association, the country's sugar production has declined by 2.50 percent on an annual basis to 22.3 million tonnes till February 15 in the sugar season 2023-24, which started from October. ISMA). The production figure in the last sugar season was 22.9 …
Read More »Construction of highway projects slow, contracts awarded below target
New Delhi: The Ministry of Road Transport and Highways awarded contracts for only 370 km of highways in January, far short of the revised target of 10,000 km for 2023-24, with just two months left. According to official information, the Indian National Highways has issued contracts for the construction of …
Read More »7.5 percent increase in electricity consumption in the first 10 months of the current financial year
New Delhi: During the first 10 months of the current financial year (2023-2024) i.e. April-January, the country's electricity consumption in India has increased by 7.5 percent year-on-year to 1,354.97 billion units. Which is indicating economic development in the entire country. According to government data, electricity consumption in the country has …
Read More »Gold prices rose while silver and crude oil fell
Mumbai: Gold prices rose while silver prices fell in Mumbai's jewelery market today. Today there are indications in the world market that the price of gold per ounce in dollars from 2023 to 2024 to 2018 to 2019 will be at the highest level of 2013 to 2014. Buying by …
Read More »Valuation of Tata Group companies is more than Pakistan's GDP
Ahmedabad: Tata group companies are also leaders in giving returns to investors. Be it TCS or Tata Motors, share price appreciation also gives returns to investors through buyback-bonuses. In the last two-three years, the wealth of investors of Tata Group has been increasing rapidly. The value of Tata group companies …
Read More »Nifty reaches new record high of 22186: Finally up 82 points to reach 22122
Mumbai: Sensex, Nifty based markets remained on the rise for the fifth consecutive day today due to gains in auto, telecom, pharma majors as well as banking-finance frontline stocks amid mixed trends in global markets. With this, Nifty made a new all-time high. The fund has exposure to banking-finance stocks …
Read More »Mixed trend in Indian stock market, flat trading in Sensex-Nifty
Indian stock market had a mixed start today and Sensex-Nifty are trading flat. Sensex opened in the green with a slight bounce and Nifty slipped below 22100. How did local markets open? In the domestic market, BSE Sensex opened 19.71 points up at 72,727 points and NSE's 50-share index Nifty …
Read More »Petrol- Diesel Price Today: New prices of petrol- diesel released, check latest update before filling the tank
Petrol, diesel prices today February 20, 2024 : If you have also reached or are going to the petrol pump to fill the tank of your car or bike, then this news is useful for you. There is a big jump in the prices of crude oil in the global …
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