Data showed that inflation in the fuel and power category turned positive at 1.05 per cent in March. (AI image) WPI inflation: India’s wholesale price index (WPI) inflation for the month of March rose to 3.88 per cent, according to government data released on Wednesday. The increase was largely driven by a sharp rise in…
In February, the two countries had announced that they had finalised the framework for the first phase of their bilateral trade pact. (AI image) India-US trade deal update: Months after India and the US announced an interim trade agreement that reduces tariffs on India to 18%, an official Indian delegation is set to travel to…
Stock market today (AI image) At 11:14 AM, Nifty50 was trading at 24,187.85, up 345 points or 1.45%. BSE Sensex was at 77,938.80, up 1,091 points or 1.42%.The upbeat sentiment extended across the broader market as well, with the Nifty Smallcap 100 and Nifty Midcap 100 indices rising over 2 per cent each. Sectorally, all…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…
The country’s creaking electricity grid is lagging behind its push for renewable sources — just as its growing economy hungers for oil stranded by war. Source link
File photo (Picture credit: AP) Asian markets rose on Wednesday, following strong gains on Wall Street. Lower oil prices and renewed hopes for talks between the United States and Iran increased investor confidence.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5% to a six-week high, while Japan’s Nikkei gained 1.2%, inching closer to its…
Bengaluru: Infosys has set its new AI strategy, “silicon to application,” in motion. The playbook aims to span the full AI ecosystem-from hardware to end-user applications-through targeted investments and partnerships across each layer.At the silicon layer, Infosys has partnered with Nvidia and Intel. “These partnerships matter most when clients need AI to run on their…
The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair. Source link
NEW DELHI: The Indian economy is seen to be relatively better placed to face the impact of the West Asia crisis, two global agencies said on Tuesday.The International Monetary Fund’s (IMF) latest World Economic Outlook revised upwards India’s growth projection for the current fiscal year to 6.5%, against 6.2% estimated earlier, citing the strong momentum…
Delhi-Dehradun Expressway Delhi-Dehradun Expressway opens today! The much awaited Delhi-Dehradun Economic Corridor, that will slash the travel time between the two cities has been inaugurated by PM Narendra Modi today. Built under the National Highways Authority of India (NHAI), the Delhi-Dehradun expressway has several unique features, including a wildlife corridor for easy movement of animals.Before…
