The Hindu Business News

Increase restores price to the level NMDC had set on August 11 and maintained until the change earlier this month

The All India EPF Federation has sought more employees in the pension wing as the workload of each office will be increased manifold

‘States have shown extraordinary absorption capacity for taking the monies and spending on capital assets’

NEW DELHI

The sharpest GVA growth in Q2 was reported by the trade, hotels, transport, communication & services related to the broadcasting segment, which grew 14.7%

Natural gas production shrank for the fourth successive month, by 4.2% in October

Among the Sensex pack, Mahindra & Mahindra, UltraTech Cement, Power Grid, Hindustan Unilever, Bharti Airtel, Asian Paints, Tata Steel and Titan were major gainers.

The panel has suggested linking the price of gas produced by state-owned firms from fields given to them on a nomination basis to imported crude oil prices.

The drug, lecanemab, was associated with a type of brain swelling in 12.6% of trial patients, a side effect previously seen with similar drugs

The 30-share BSE Sensex gained 183.9 points to 62,865.74 points in early trade

‘Business as usual’ at Vistara until consolidation is completed by March 2024, says Tata Sons CEO

The company tweeted late on Tuesday informing everyone about Vikram. S. Kirloskar’s death.

The motorcycle is powered by a 159.7 cc, oil-cooled, fuel injected engine and mated to a five-speed gearbox

Similar caps already exist for passive funds, such as exchange-traded funds, and are intended to reduce the risk from a fund's assets concentrated in securities of a single company

‘First phase to begin with four banks - State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank and will initially cover Mumbai, New Delhi, Bengaluru and Bhubaneswar’

Include ‘health’ in the Concurrent list under the Constitution, he urges

Home to close to 58,000 families and around 12,000 commercial establishments, Dharavi is one of the most densely populated areas in the world

At the interbank foreign exchange market, the local unit opened strong at 81.58 but later slipped

Rishi Sunak was delivering a talk at the Lord Mayor of London’s Banquet, his first major foreign policy speech since taking charge at 10 Downing Street in October.

While the BSE Senses climbed over 211 points, NSE Nifty gained 50 points in early trade on Tuesday.

The report revealed that while IT and information services is the region’s fastest-growing sector in terms of employment growth, only 9.4 million persons worked in the sector in 2021, corresponding to just 0.5% of total employment.

EU fails to agree on Russian oil price cap, say diplomats

‘Wholesale volumes are projected to touch an all-time high of 3.7-3.8 million units in FY2023, a growth of 21-24% from FY2022, backed by buoyed demand’

Higher input costs weighed down manufacturing sector performance, it reckons

Last June, a restructuring plan was approved by the National Company Law Tribunal (NCLT) and the airline was set to resume operations by the first quarter of 2022 under its new owners - a consortium including London-based Kalrock Capital and UAE-based businessman Murari Lal Jalan

A weak American currency and foreign fund inflows also supported the domestic unit, Forex traders said

The Vice-President also exuded confidence that India will become the third-largest economy on the global horizon by the end of the decade.

S&P had in September projected the Indian economy to grow 7.3% in 2022-23 and 6.5% in next fiscal year (2023-24).

Reliance Industries, Asian Paints, Wipro, Maruti, Tech Mahindra, Kotak Mahindra Bank, Infosys and Bajaj Finserv were the major winners in early trade.

In the previous session on Friday, the rupee weakened by just one paisa to end at 81.71 against the dollar.

Reported impersonations on the platform spiked earlier this month, before and in wake of the Twitter Blue launch, according to Elon Musk

Douglas W. Diamond, who had collaborated with former RBI Governor Raghuram Rajan on the theory of banking in 2001, says one of their conclusions was that banks need to be a bit fragile to discipline them

The Central Trade Unions said they were just provided three minutes each with the Minister in a virtual meeting and demanded a physical meeting.

USA, Canada and Mexico (NAFTA countries), Europe and Africa account for 67.5% (nearly $5 billion) of the total exports.

What intervention has the Tea Board of India sought? Will financial help alone be enough to save the gardens in the hills? What more needs to be done to rescue the ailing brew? 

The government is not dependent on one country for supplies and there are measures in place to broad-base sources to hedge against any shortage, says the Union Fertilizers Secretary Arun Singhal.

McKinsey signs a two-year agreement with State government under Shashakt Uttarakhand mission

Firm says no material impact on business

‘Telecom manufacturing is becoming robust in India backed by the production-linked incentive (PLI) scheme’

MUMBAI

"The 48th Meeting of the GST Council will be held on 17th December, 2022 by video conference,” the GST Council said

The group is also vying to distribute power to the country’s largest container port JNPT located near Navi Mumbai

In a pre-budget meeting, Punjab FM also demanded Central budgetary support of ₹1,125 crore for assistance to Punjab farmers quitting stubble burning

Here’s a select list of stories to read before you start your day

Foreign currency assets increased by $1.76 billion to $484.288 billion during the week to November 18

The capital markets regulator has also prescribed a minimum standard of code of conduct for designated persons in line with provisions of existing insider trading rules

`Will play a significant role in taking millets to the centre stage’

‘TKM to continue selling diesel Innova after improvement in supply situation’

The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-23 is ₹1,15,662 crore, the Finance Ministry said

The Indian rupee appreciated on positive domestic equities and a weak U.S. Dollar.