Topnews News

US growth slows amid supply chain disruptions, labour shortages, Delta surge

US growth slows amid supply chain disruptions, labour shortages, Delta surge

Washington: US economic growth slowed from mid-August through September, constrained by supply chain disruptions, labour shortages, and a Delta variant-fuelled Covid resurgence, according to a Federal Reserve survey."Outlooks for near-term economic activity remained positive, overall, but some Distr...

Readmore

SpiceJet to commence flight operations to Kushinagar from Nov 26

SpiceJet to commence flight operations to Kushinagar from Nov 26

New Delhi: SpiceJet will commence flight operations to the just-inagurated Kushinagar airport in Uttar Pradesh from November 26. The airport was inaugurated by Prime Minister Narendra Modi on Wednesday.SpiceJet will add Kushinagar as its newest destination under the regional connectivity scheme, UDA...

Readmore

Energy prices must be predictable, dependable, stable: India tells oil producers

Energy prices must be predictable, dependable, stable: India tells oil producers

New Delhi: India has told major oil producing nations, in no uncertain terms, that high prevailing oil prices were unsustainable and lowering of energy prices was the only option to speed up post-pandemic recovery.Addressing the ongoing India Energy Forum by CERAWeek, Petroleum Minister Hardeep Puri...

Readmore

PM interacts with CEOs, experts of global oil and gas sector

PM interacts with CEOs, experts of global oil and gas sector

New Delhi: Prime Minister Narendra Modi on Wednesday interacted with CEOs and experts of global oil and gas sector.The meeting was attended by heads of major global oil companies including Saudi Aramco President and CEO Amin Nasser, and Rosneft CEO Igor Sechin. The Indian side was represented by Rel...

Readmore

Vodafone Idea lost subscribers in August; Jio, Airtel gained: TRAI

Vodafone Idea lost subscribers in August; Jio, Airtel gained: TRAI

New Delhi: Telecom operator Vodafone Idea lost over 8.33 lakh subscribers on a sequential basis in August, the Telecom Regulatory Authority of India (TRAI) data showed on Wednesday.Vodafone Idea's subscriber base went down by 8.33 lakh to over 27.10 crore users in August from around 27.19 users it h...

Readmore

Indices open in green as value buying, global cues buoy sentiments

Indices open in green as value buying, global cues buoy sentiments

Mumbai: Value buying along with positive Asian markets and healthy quarterly results buoyed India's key equity indices during early-morning trade session on Thursday.The key two indices -- S&P BSE Sensex and NSE Nifty50 -- had a gap-up opening.The 30-scrip sensitive index opened at 61,557.94 poi...

Readmore

Fuel rates hiked again, diesel rises by highest margin

Fuel rates hiked again, diesel rises by highest margin

New Delhi: Petrol and diesel prices on Thursday rallied to their highest-ever levels across the country, as fuel rates were hiked again for a second consecutive day by the highest margin so far this year of upto 45 paise a litre.According to a price notification of state-owned fuel retailers, the pu...

Readmore

High valuations, inflationary concerns subdue market

High valuations, inflationary concerns subdue market

Mumbai: High valuations coupled with inflationary concerns and mixed global cues pulled India's key equity indices into the red on Wednesday.Accordingly, premium valuations triggered profit booking. This along with high crude oil prices and mixed Asian markets dented investor sentiments.The key two ...

Readmore

India to see salary hike at 9.3% in 2022: Report

India to see salary hike at 9.3% in 2022: Report

New Delhi: After a pandemic-induced lull, pay rises are making a comeback. With India projected a salary increase of 9.3 per cent next year, the country is set to be the highest payer in Asia Pacific, according to a report.This is an increase of 8 per cent compared to 2021, revealed the latest repor...

Readmore

India on the cusp of a virtuous cycle: Morgan Stanley

India on the cusp of a virtuous cycle: Morgan Stanley

Mumbai: A virtuous cycle, supported by strong capex and productivity, is taking off in India, a Morgan Stanley research report said on Wednesday.Strong rates of growth, coupled with benign macro stability risks, set a positive backdrop for the ratio of corporate profits to GDP to rise. This cycle wi...

Readmore