US inflation likely to stay high even as gas prices fall  

President Biden has already pointed to falling gas prices as a sign that his policies such as releases of oil from the nation's strategic reserve are helping combat the higher costs. 

published on : 10th August 2022

Reduce prices of fuel and essentials, get our vote, women tell BJP State president

The educated youth in Lingojigudem informed Sanjay that pharma firms were polluting the land, water and air in the village, rendering agricultural lands unsuitable for farming.

published on : 10th August 2022

Flower prices in Dharmapuri go up two-fold 

Flower prices across the district increased by two-fold owing to the reduction in production caused by South West monsoon.

published on : 8th August 2022

Rupee gains 46 paise to 78.94 against US dollar ahead of RBI policy outcome

At the interbank foreign exchange, the rupee opened at 79.15 against the American dollar, then touched 78.94, registering a gain of 46 paise over the last close.

published on : 5th August 2022

IndiGo reports Rs 1,064 crore loss in Q1 amid high jet fuel prices

However, cost pressures on fuel and foreign exchange prevented us from translating this strong revenue performance into net profitability.

published on : 4th August 2022

Volvo launches new sleeper buses, says segment seeing sales of 5,000 units per month

Volvo is also focusing on the 8-litre engine, which is more fuel efficient, and gradually over months, its 15m bus will shift towards the 8-litre engine from the present 11-litre.

published on : 4th August 2022

Indian Oil Corporation reports first loss in two years; sold petrol at Rs 10 per litre loss, diesel at Rs 14

This is the first quarterly loss in over two years. The company had reported a net loss in January-March 2020, but that was on account of inventory losses on processing costlier crude.

published on : 31st July 2022

Indian Oil Corporation sees 66.46 per cent decline in net profit in Q1 FY23

This is the first quarterly loss reported by the company in the past two years. The company had posted a net profit of Rs 5,941.37 crore in the same period a year ago. 

published on : 30th July 2022

No respite for common man? After wheat and flour, now prices of maida soar

The market buzz is that at Kandla port in Gujarat, from where maida is traded abroad, the price has touched around Rs 3,000 per quintal.

published on : 29th July 2022

Rupee falls 10 paise to 79.88 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 79.83 against the US dollar, then fell to 79.88 against the greenback, registering a decline of 10 paise over the last close.

published on : 27th July 2022

Low yield, high global demand push up chilli prices to three-year high

Due to high demand in the international market and low availability of local produce, red chilli prices have shot up to record highs in Tirupati and Nellore districts.

published on : 26th July 2022

No port, vessel related charges on coastal shipping for six months: Government

Union Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal has also asked the state governments to lower VAT on diesel used by the shipping sector, the statement said.

published on : 24th July 2022

'Day by day': Trade bans, inflation send food prices soaring

The list of food export restrictions Laborde has been tracking since the COVID-19 pandemic is long and changes constantly.

published on : 23rd July 2022

Rupee at 80 against US dollar; here's some pros and cons of a weak currency

India's forex reserves had dropped for five out of the past six straight weeks, on account of RBI's likely intervention in the market to defend the depreciating rupee.

published on : 21st July 2022

UK inflation hits fresh 40-year high

Inflation has soared to the highest level in decades in many countries, fuelled by the war in Ukraine and the easing of Covid restrictions.

published on : 20th July 2022

Russian President Putin warns West of further cut-in oil flow, price rice as consequences of sanctions 

EU approved bans on Russian coal and oil to take effect later this year but did not include natural gas because the 27-nation bloc depends on it to power factories, generate electricity and heat home.

published on : 20th July 2022

Govt does not intend to regulate airfares on international routes: VK Singh

The minister said the government does not intend to regulate airfares on international routes.

published on : 20th July 2022

GST effect: Kerala Milma products except milk to cost more from Monday

This follows the decision of the GST council to impose 5% GST on pre-packed milk products, said Milma chairman K S Mani.

published on : 18th July 2022

Sri Lanka's diesel and petrol prices reduced by Rs 20 each, the first since February

Many incidents of violence have been reported at fuel queues and nearly 20 people have died of exhaustion after spending several days continuously in the fuel queues.

published on : 17th July 2022

Rupee on brink of 80 against US dollar; here's what caused it

India's current account deficit is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, reports.

published on : 15th July 2022
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