New Delhi, Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items. Inflation based on the Consumer Price Index (CPI) stood at 4.7 per cent in April and 7.04 per cent in May 2022. This is the fourth straight month when retail…
Islamabad: Pakistan’s efforts to unlock access to the already agreed USD 6.5 billion loan package with IMF is in a quagmire after the cash-strapped country unveiled a subsidy and development-packed budget of Rs 14.46 trillion which experts say will do little to allay the concerns of the global lender. The Pakistan government on Friday unveiled a…
Kolkata: Myanmar Commerce Minister U Aung Naing Oo on Monday expressed hope that a Rupee-Kyat trade arrangement between the two nations is finalised by June-end. Oo said trade volume between the two countries will double once the arrangement being worked out as Myanmar which has been hit by US sanctions is unable to earn sufficient foreign…
New Delhi: Hospitality and travel-tech firm OYO on Monday said it will onboard and add 300 hill station hotels to its portfolio by August 2023 to cash in on the summer vacation rush. In north India, the new hotels will be in places such as Manali, Mussoorie, Nainital, Srinagar, Shimla, Dalhousie, and Haridwar while in the…
Panaji: Dreaming of summertime on the beautiful Goa Coast? Taste the citrusy flavors of this stunning, sun-drenched coastline anytime via “GinSin” London dry Gin. Zesty, bright, and refreshing, this aromatic gin is made with hand-picked juniper and the zest of botanicals. World Gin Day is a global celebration held annually on the second Saturday of…
New Delhi: Energy transition platform Amp Energy India has secured up to USD 250 million (around Rs 2,061 crore) from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank). City-based Amp Energy India with a total portfolio of 2.7GW-plus spread across 17 states in the country,…
New Delhi: Prime Minister Narendra Modi on Monday pitched for democratisation of technology to bridge the data divide, and told G20 delegates that India is willing to share its experience with partner countries as digitalisation has brought about a revolutionary change here. Speaking to G20 development ministers through a video address, Modi also batted for…
New Delhi: Kannauj-based luxury perfume brand Zighrana has tied up with Taj Group of Hotels’ lifestyle brand, Khazana, for its range of traditional attar and Eau de perfumes, according to a statement. The alliance is a celebration of the One District One Product (ODOP) initiative in Uttar Pradesh and the coveted Geographical Indication (GI) tag…
Kolkata: Titagarh Rail Systems Ltd, formerly known as Titagarh Wagons, said that its board has approved a proposal to raise Rs 288.80 crore through preferential allotment of shares to Smallcap World Fund Inc. Following the completion of the share allotment, the investor will hold roughly 5.98 per cent stake of the wagon maker. In a…
New Delhi: State-owned Bharat Petroleum Corporation Ltd’s (BPCL) Bargarh 2G bio-refinery which will use rice straw to produce ethanol for mixing in petrol, will invigorate a circular economy and give impetus to waste-to-wealth creation, Union Minister Dharmendra Pradhan said on Sunday. Pradhan, who is the Union Minister for HRD, visited the under-construction Bargarh 2G bio-refinery…
