Category: Business

Treasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challengesTreasury Secretary Janet Yellen this month will visit the Indo-Pacific and will use the trip to make the case for a price cap on Russian oil aimed at reducing revenue to the Kremlin. Yellen will address the economic and humanitarian challenges

The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriersThe Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies. In a notification, the ministry said that ATF supplied as fuel to domestic carriers

The RBI’s regular market operations in sync with the monetary policy stance helped the banking system to balance the financing needs of the various sectors of the economy during the Covid-hit 2020-21, said a study published by the central bank onThe RBI’s regular market operations in sync with the monetary policy stance helped the banking system to balance the financing needs of the various sectors of the economy during the Covid-hit 2020-21, said a study published by the central bank on

Gold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal had finished at Rs 50,987 per 10 grams, according to a PTI report.{image-gold5-1552290841.jpgGold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities. In the previous trade, the yellow metal had finished at Rs 50,987 per 10 grams, according to a PTI report.{image-gold5-1552290841.jpg

Low-frill air carrier Indigo has hiked pilot salaries as travel picks up by 8%. Also, at the same time it has again put in place the overtime allowance to the pre-Covid levels. Also, the carrier in order to make theLow-frill air carrier Indigo has hiked pilot salaries as travel picks up by 8%. Also, at the same time it has again put in place the overtime allowance to the pre-Covid levels. Also, the carrier in order to make the

Oil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted, according to a report in Reuters. Brent crude futures roseOil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted, according to a report in Reuters. Brent crude futures rose

The CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Desh Raj Pathak and Assistant VP R N Singh, in connection with alleged bribery to favourThe CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Desh Raj Pathak and Assistant VP R N Singh, in connection with alleged bribery to favour

Nifty Realty index in trade on July 7 emerged as the top sectoral gainer. Indices too had a good day following mixed global cues and after Fed minutes released Wednesday suggested that rate hikes shall continue owing to inflationary risk. {image-realestate-1619078567.jpgNifty Realty index in trade on July 7 emerged as the top sectoral gainer. Indices too had a good day following mixed global cues and after Fed minutes released Wednesday suggested that rate hikes shall continue owing to inflationary risk. {image-realestate-1619078567.jpg

After a lull of almost two years due to Covid pandemic, business travel in India has picked up momentum, according to a report by travel and hospitality technology platform OYO. As per OYO’s mid-year business travel report, sustained momentum is nowAfter a lull of almost two years due to Covid pandemic, business travel in India has picked up momentum, according to a report by travel and hospitality technology platform OYO. As per OYO’s mid-year business travel report, sustained momentum is now

Union Minister Jyotiraditya Madhavrao Scindia on Thursday assumed the additional charge of the Steel Ministry. Scindia is currently in charge of the Civil Aviation Ministry. The 51-year old BJP leader, who represents Madhya Pradesh in the Rajya Sabha, is the thirdUnion Minister Jyotiraditya Madhavrao Scindia on Thursday assumed the additional charge of the Steel Ministry. Scindia is currently in charge of the Civil Aviation Ministry. The 51-year old BJP leader, who represents Madhya Pradesh in the Rajya Sabha, is the third