By Rahul Shah Equity benchmarks rose for the second week in a row, aided by gains in metals, FMCG, energy, PSU banks and cement. Tech and media were the lone sectors that declined in the week. Investors reacted positively to the central bank’s continued efforts to support growth and its commitment to managing inflation. Consistent […]
Asian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve as well as on prospects of a solid economic recovery in China. Global markets have been buffeted by a raft of strong U.S. data over recent weeks, including U.S. jobless claims overnight, […]
German carrier Lufthansa Airlines will increase the frequency of its flights to and from India to 64 per week from January 16, the group’s senior director for South Asia, George Ettiyil, said. Currently, the per week frequency is 56 flights.Ettiyil said that the airline will start its Frankfurt-Hyderabad flights on Boeing 787–900 aircraft from January […]
There has been a sharp spike in edible oil imports during the first five months of the current oil year (November-December) due to softening global prices of palm, soybean and sunflower oils. According to the Solvent Extractors’ Association of India (SEA), edible oilhttps://www.financialexpress.com/about/edible-oil/ imports rose by 23.7% to 6.98 million tonne (MT) during the November-March […]
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