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Democracy has penetrated the grassroot in J&K: PM

New Delhi, In Jammu and Kashmir, democracy has penetrated the grassroot level, Prime Minister Narendra Modi said on Sunday as he visited the union territory for the first time since the scrapping of the Article 370 by the government in 2019. “I want to tell the youth of Jammu and Kashmir that the hardships your…

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India

Fuel sales fall in April on high prices

India’s fuel sales fell in the first half of April as a record rise in prices in a short 16-day period dented demand, according to preliminary industry data. Petrol sales fell almost 10 percent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6…

Finmin invites applications for the position of CERSAI

The Finance Ministry has invited applications for the post of managing director of the Central Registry of Securities Asset Reconstruction and Security Interest of India (CÉRSAI). The Central Registry of Securities Asset Reconstruction and Security Interest of India (Central Registry) was incorporated in 2011 as a government company under Section 25 of the Companies Act…

ATF price up marginally, rates at record high

Jet fuel prices were hiked by a marginal 0.2 percent, the eighth straight increase this year to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel (ATF) the fuel that helps aeroplanes fly was hiked by Rs 277.5 per kilolitre, or 0.2 percent, to Rs 1,13,202.33 per kl…

Covid-19

Global Covid caseload tops 507 mn

The global coronavirus caseload has topped 507 million, while the deaths have surged to more than 6.20 million and vaccinations to over 11.20 billion, according to Johns Hopkins University. In…

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Technology

Mobile retailers’ body to seek Govt against e-commerce onslaught

Kolkata: A leading mobile retailers’ body has claimed that unethical and monopolistic business practices of online sales platforms are ‘jeopardising’ the future of 1.5 lakh brick and mortar smartphone retailers across the country and that it will seek govt intervention. In such a situation, the survival of small retailers is at stake, the All India…

Business & Economy

Markets bounce back after 5-day rout; RIL leads charge

Benchmark indices bounced back after falling for five straight sessions, with investors snapping up the recently- mauled IT, finance and consumption stocks amid A rebounding rupee further bolstering sentiment, traders said. Halting its five- session slide, the BSE Sensex jumped 574.35 points or 1.02 percent to finish at 57,037.50. Similarly, the NSE Nifty surged 177.90…

Business & Economy

Indian automakers face heat amid global constraints; hike prices

It is becoming increasingly difficult for Indian automakers to control input costs as they are dependent on China and Japan which are facing supply chain woes, resulting in price hikes across vehicle ranges, according to a new report. Indian automakers are responding to raw material price hikes by at least 2 percent price hike on…

Business & Economy

Duty free import of raw cotton to push exports of value added textiles: FIEO

The government’s decision to waive customs duty on cotton imports will help boost exports of value added products of textiles, Federation of Indian Export Organisations (FIEO) President A Sakthivel said. The move, he said, will promote exports of apparel and made-ups sectors significantly by softening the prices of yarn and fabrics as well. The finance…

National

Centre doesn’t intend to interfere in State cooperatives

Reiterating that reforms are required to strengthen cooperatives in the country, Cooperation Minister Amit Shah said the Centre does not intend to interfere in the functioning of state cooperatives but will endeavour to bring uniformity in state laws through dialogue and coordination. The Minister also emphasised on the need to develop cooperatives in a uniform…

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