Carbon credit export may be allowed, framework with Japan in offing
India is working on a framework for carbon credit export with Japan and is looking at extending the facility to other countries that buy green […]
Day: August 4, 2023
Govt slaps anti-dumping duty on optical fibre imports from China
The government has imposed a five-year anti-dumping duty on import of optical fiber from countries such as China, Korea and Indonesia, after finding them selling […]
Forex reserves drop by $3 billion to $603.87 billion in 2nd consecutive weekly decline
India’s forex reserves dropped by $3.165 billion to $603.87 billion for the week ended July 28, the RBI said on Friday. This is the second […]
US job growth remains moderate in July; wage gains still strong
The US economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to […]
Markets halt 3-day losing run; Sensex, Nifty settle nearly 1% higher
Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday, buoyed by gains in HDFC […]
State Bank of India Q1 profit nearly triples to all-time high
State Bank of India (SBI) has reported profits of Rs 168.84bn ($2.04bn) for the quarter ended June 30, a near three-fold rise compared with the […]
Apple surprises in China, sets India high during sales slump
Apple has reported an 8% increase in revenue from China and record iPhone sales in India, despite posting its third consecutive quarter of declining sales. […]
Government adds laptops, PCs & tablets to import curb list
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Morgan Stanley gives India top billing among Asian emerging markets
Global financial powerhouse Morgan Stanley has upgraded India to the ‘overweight’ category, giving it the top rating among Asian emerging markets, while cutting Australia to […]