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IOCs Q4 Profit Falls 49% Amid Petrochemical Losses, Fuel Price Cuts

IOC's Q4 Profit Falls 49% Amid Petrochemical Losses, Fuel Price Cuts

New Delhi: With losses in the petrochemical business and shrinking margin after a pre-election fuel price cut, the...

30 April 2024 7:21 PM IST

Gold prices fell 1.3 per cent to USD 1,221.91 an ounce in Singapore.

India's gold demand up 8 pc in Jan-Mar to 136.6 tonne despite high...

New Delhi: India's gold demand rose eight per cent annually to 136.6 tonne in the March quarter helped by a strong...

30 April 2024 11:51 AM IST

Common pollutants found in them are particulate matter, carbon monoxide, ozone, nitrogen dioxide and sulphur dioxide (Photo: AFP)

India to Benefit from Global Carbon Incentive

World Bank proposes fund rewarding nations below global emission average. India set to receive $37.16B annually; US to...

26 April 2024 7:04 PM IST

RBI Raises Minimum Capital Required for ARCs to Rs 300 Crore

RBI Raises Minimum Capital Required for ARCs to Rs 300 Crore

Mumbai: To ensure prudent and efficient functioning of ARCs and to protect the interest of investors, the Reserve...

24 April 2024 11:29 PM IST

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding Customers via Online Banking Channel

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding...

Mumbai: The Reserve Bank of India (RBI) on Wednesday barred private lender Kotak Mahindra Bank from onboarding new...

24 April 2024 4:23 PM IST

PMI Climbs to 62.2 in April From 61.8 In March

PMI Climbs to 62.2 in April From 61.8 In March

Maintaining the position of the fastest growing economy in the world, India’s business activity in April rose to the...

23 April 2024 6:25 PM IST

The cement industry is likely to register a flat growth of around 5 per cent in the current financial year.

Cement Prices Dip 6% in Q4 FY24, Boosting Sales

Pan-India cement market faces price decline amid heightened competition and increased supply, driving a surge in sales...

23 April 2024 6:19 PM IST

Indias net direct tax collection surged over 19 per cent to Rs 14.71 lakh crore till January 11, reaching about 81 per cent of the full-year target.(Representational Image)

India's Direct Tax Collections Surge

New Delhi: Reflecting buoyancy in the economy and rise in income levels of both individuals and corporates, India's...

21 April 2024 5:48 PM IST

Indian Mining and Construction Equipment Sales Expected to Decline in FY2025

Indian Mining and Construction Equipment Sales Expected to Decline in...

General elections and project slowdowns forecast to cause a downturn in domestic equipment sales, with recovery expected...

19 April 2024 12:02 AM IST

Indias Crude Oil Import Bill Dipped To 16 Percent In FY24

India's Crude Oil Import Bill Dipped To 16 Percent In FY24

India's crude oil import dipped to 16 per cent in the fiscal year ended March 31 as lower international rates but the...

17 April 2024 6:58 PM IST

Merchandise Trade Deficit Narrows Down To $240 bn In FY24

Merchandise Trade Deficit Narrows Down To $240 bn In FY24

The merchandise trade deficit for FY24 narrowed 9.3 per cent to $240 billion while overall trade deficit improved 35.77...

16 April 2024 11:40 PM IST

Indias Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand Declines

India's Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand...

Fuel demand trends show increased petrol sales driven by personal vehicle use and seasonal factors, while diesel...

16 April 2024 5:42 PM IST