Iran-Israel War: India ramps up oil imports from Russia, US in June
New Delhi: India has ramped up purchases of Russian oil in June, importing more than the combined volumes from Middle Eastern suppliers such as Saudi Arabia and Iraq, amid market volatility triggered by Israel’s dramatic attack on Iran. The US military struck three sites in Iran early Sunday, directly joining Israel which first struck Iranian […]
India has oil supplies to last several weeks, continues to receive energy from several routes: Puri
New Delhi: India, the world’s third-largest oil importer and fourth-biggest gas buyer, has enough energy supplies to meet requirements for several weeks and continues to receive supplies from several routes, Oil Minister Hardeep Singh Puri said amid escalating tensions in the globe’s biggest energy supply regions. In a post on X, the minister said the […]
16th JK UTLBC Meet- Banks must extend appropriate credit support to key sectors for economic wellbeing of J&K: Chief Secretary Atal Dulloo
Srinagar: Banking sector needs to provide appropriate credit support to appropriate sectors at appropriate rate of interest for the economic wellbeing of J&K. We need to extend optimum credit support to people associated with agriculture, handicrafts, MSMEs, tourism etc. and we need to improve the CD Ratio of J&K. The credit-linkage of self-help groups also […]
Khyber Cement clinches top honours for excellence in sustainable mining, environmental responsibility
Srinagar: Khyber Cement has been recognised with a series of prestigious accolades during the 34th Mines and Mineral Conservation Week, organised by the Indian Bureau of Mines for the Dehradun Region. The awards reaffirm Khyber Cement’s position as a frontrunner in responsible mining and industrial leadership. The company secured four awards: first prize for Mineral […]
India sustaining growth momentum, fastest growing eco for 4 years: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services and farm sectors. She said India’s manufacturing activity has been “good” during the January-March period, which has helped clock a GDP growth of 7.4 […]
Value of gold with RBI rises 57.12 pc to Rs 4.32 lakh crore in FY25: Central bank’s report
Mumbai: The value of gold (including gold deposit) held as asset of Reserve Bank increased by 57.12 per cent to Rs 4,31,624.8 crore as on March 31, 2025, mainly on account of addition of 54.13 metric tonnes of precious metal and increase in its prices. The value of gold held as asset of Banking Department […]
India becoming 4th largest economy outcome of last 11 years of Modi govt: Jitendra Singh
Jammu: Union Minister Jitendra Singh on Sunday said that India becoming the fourth largest economy in the world, overtaking Japan, is the outcome of its development in the last 11 years under the leadership of Prime Minister Narendra Modi, who has set a vision of Viksit Bharat by 2047. He said the country also augmented […]
GST largest marginal contributor to rising poverty in Pakistan: World Bank
Islamabad: The General Sales Tax has the largest marginal contribution to the rise of poverty while a monthly cash transfer programme to the poorest families has the largest positive impact on inequality reduction in Pakistan, a World Bank study has said. ‘The Effects of Taxes and Transfers on Inequality and Poverty in Pakistan’ reports that […]
Indo-Pak conflict: FM Sitharaman asks banks to ensure uninterrupted services
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked banks to remain vigilant and take all steps to ensure uninterrupted services to customers in view of heightened military conflict between India and Pakistan. Addressing a meeting of CEO of banks and insurance companies on cybersecurity preparedness, the finance minister stressed the critical role of the […]
Finance minister Sitharaman urges ADB to stop funding terror-backer Pakistan
New Delhi: Finance Minister Nirmala Sitharaman on Monday made a strong pitch to ADB to stop giving funds to Pakistan as it backs and supports terror activities, sources said. During her bilateral meeting with ADB President Masato Kanda in Milan, Italy, Sitharaman urged the multilateral funding agency to put a check on funding to Pakistan, […]