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Economy

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent more RBD palmolein oil,...
Economy

Today, Nirmala Sitharaman will introduce the single nodal agency dashboard

Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies to track the flow...
India

PSB fraud is down 51% to Rs 40,295 crore, yet the number of cases is still rising: RBI

During the financial year ending March 2022, public sector banks reported a 51% decrease in the amount involved in frauds, to Rs 40,295.25 crore,...
Economy

India sells a record 1.4 million tonnes of wheat in April as Black Sea supplies fall

According to four trade sources, India exported a record 1.4 million tonnes of wheat in April, bringing some relief to grain markets as buyers...
India

Metal firms, desperate for coal, looking for fuel in other countries

A coal shortage in India has caused sponge iron makers to scour the globe for supplies to keep their mills going, adding to inflationary...
Economy

To keep edible oil prices from rising, the govt intends to reduce taxes on it

According to persons acquainted with the situation, India is considering reducing tariffs on various edible oils to chill the home market after the war...
Business

FM Nirmala Sitharaman: India plans to bring digital currency by next year

India plans to launch digital money by 2023, according to Finance Minister Nirmala Sitharaman. "The government and RBI are looking into its several commercial use...
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