New Delhi: Shares of Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based ‘opaque’ investment funds managed by partners of promoter family of billionaire Gautam Adani. However, the conglomerate denied the charges vehemently. On the BSE,…
New Delhi; The government on Tuesday announced a Rs 200 per cylinder cut in prices of domestic cooking gas as it looked to counter the cheaper LPG promise of the Congress in upcoming assembly elections in states like Madhya Pradesh. A 14.2-kg LPG cylinder costs Rs 1,103 in New Delhi currently. It will cost Rs 903…
New Delhi: As many as 100 big ticket infrastructure projects of different ministries worth Rs 5.89 lakh crore have been recommended for approval under the PM Gati Shakti initiative so far this fiscal, a senior official said on Monday. These projects have been recommended by the Network Planning Group (NPG) constituted under the PM Gati Shakti…
New Delhi: Air India on Monday said there is no significant impact on its flights to and from the UK, where a technical issue has impacted air traffic services, and that the airline is actively monitoring the situation. NATS, which provides air traffic control services in the UK, has put in place certain traffic flow restrictions…
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday extended the time till September 30 for Jalan-Kalrock Consortium for payment of Rs 350 crore to the lenders of the bankrupt Jet Airways. A three-member NCLAT bench accepted the plea of the consortium to extend the timeline and also for adjustment of Rs 150 crore…
New Delhi: Finance Minister Nirmala Sitharaman on Monday said Jan Dhan Yojana-led interventions and digital transformation have revolutionised financial inclusion in the country, as more than 50 crore people have been brought into the formal banking system with cumulative deposits surpassing Rs 2 lakh crore. On the ninth anniversary of the Pradhan Mantri Jan Dhan Yojana…
New Delhi: Commerce and Industry Minister Piyush Goyal and US Trade Representative Katherine Tai on Saturday discussed ways to promote trade and investments between the two countries. In a message on social media network X (formerly known as Twitter), Goyal said he held a bilateral meeting with the US counterpart Tai. “Discussed key bilateral issues of…
New Delhi: The EU on Saturday voiced concerns over “rapid” rise in refined petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine. The European Union’s Executive Vice-President…
New Delhi: India is the future, British energy major BP chief executive Bernard Looney said on Saturday as he lauded the country for becoming the first to land a spacecraft near the moon’s south pole. Speaking with reporters on the sidelines of B20 Summit India organised by CII, Looney said India is “taking incredible steps and…
New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government’s priority is to tame inflation to ensure sustained economic growth. Addressing the B20 Summit India, being hosted by the Confederation of Indian Industry (CII), the minister said the GDP numbers for the first quarter, to be released this month, should be good. Observing that elevated…
