China pips India in buying Russian oil! India is no longer the top buyer of seaborne Russian oil. The country has been forced to reject some cargoes of sea-borne Russian oil because of sanctions. China is now lapping oil from Russia at deeply discounted rates. In March, China outpaced India in importing Russian crude by…
Stock market rally today: BSE Sensex and Nifty50, the Indian equity benchmark indices, hit fresh life-time highs in trade on Thursday. While BSE Sensex surged 500 points to hit the 74,501.73 mark, Nifty50 topped 22,600 levels for the first time. At 9:27 AM, BSE Sensex was trading at 74,263.89, up 387 points or 0.52%. Nifty50…
Indian Railways readies a big 100 day plan for the new government! Indian Railways is finalising plans for the rollout of Vande Bharat sleeper, completion of the major Kashmir railway project that will link J&K with the rest of India and rolling stock procurement for the bullet train project.Indian Railways plans to introduce a sleeper…
“Russian oil supplies to India are maintained at a steadily high level; no problems arise with determining means of payment for oil exported by Russia,” Maria Zakharova, the official spokeswoman for the Russian foreign ministry, said. The priority in payments “is given to national currencies,” she highlighted. India, while maintaining its economic and defense relationships…
NEW DELHI: Vistara flight disruptions could significantly ease by the weekend, with the management of the 70-aircraft-strong airline promising a more humane utilisation of its about 1,000 pilots — who are currently on standby almost all times when not flying — due to “faulty” rostering. To ensure this, the airline which currently operates 320-330 daily…
IT sector hiring outlook: In a positive development, the top IT services companies have witnessed a rise in active hiring for the first time in 20 months. According to analysis of data from LinkedIn and other leading job boards, the number of open positions available for applications increased to 82,000 in March from a low…
PPF Interest Rate: Public Provident Fund or PPF is a very popular investment option especially for individuals looking for tax free returns with sovereign guarantee. PPF interest is tax-exempt, making timely deposits crucial for maximizing tax-free earnings. The maximum annual investment allowed in a PPF account is Rs 1.5 lakh.But did you know that the…
Is your flight delayed? Now, you won’t have to spend hours sitting in a cramped aircraft waiting for take off! The Bureau of Civil Aviation Security (BCAS), the aviation security watchdog, has issued new guidelines that will allow passengers to alight from the flight in case of long delays and wait at the airport terminal.Passengers…
Indian Economy GDP growth seen at 7.5% in 2024! The World Bank has projected that the Indian economy is set to grow at 7.5 per cent in 2024, marking a revision from its previous forecast by 1.2 per cent. This growth is part of a strong outlook for South Asia, with the region expected to…
Stock market today: BSE Sensex and Nifty50, the benchmark equity indices for Indian stock markets, opened in red on Wednesday. BSE Sensex dropped over 300 and Nifty50 dipped below 22,400 level. At 9:20 AM, BSE Sensex was trading at 73,577.41, down 326 points or 0.44%. Nifty50 was at 22,368.40, down 85 points or 0.38%.Equity markets…
