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War Casualty: Russia-Ukraine crisis to dent India's auto sector
War Casualty: Russia-Ukraine crisis to dent India's auto sector

New Delhi,  India's automobile industry is expected to bear the brunt of lower supplies of components triggered by the ongoing Russia-Ukraine war.

Besides, the industry is expected to face subdued consumer sentiment as OMCs are expected to raise domestic fuel prices in consonance with high crude cost

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Equities trade negative in afternoon session; Nifty auto dives
Equities trade negative in afternoon session; Nifty auto dives

New Delhi, After rising marginally in the opening session, India's key indices -- S&P BSE Sensex and NSE Nifty50 -- declined in the afternoon session on Thursday.

At 1.08 a.m., Sensex was 0.5 per cent or 259 points down at 55,209 points, whereas Nifty was down 0.5 per cent or 82 points at 16,523 points.

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Economy/Business
GMDC shares rise 16% taking cues from rising global commodity prices
GMDC shares rise 16% taking cues from rising global commodity prices

New Delhi, Shares of the Gujarat Mineral Development Corporation (GMDC) jumped 16 per cent on Thursday in line with rising global commodity prices – crude oil and other industrial metals.

Global crude oil prices hit multi-year highs due to the ongoing war between Russia and Ukraine, and any sharp rise in cru

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Economy/Business
'Amazon gods will have to come down...', Future on Amazon's proposal for dialogue in SC
'Amazon gods will have to come down...', Future on Amazon's proposal for dialogue in SC

New Delhi, In a major development in the ongoing legal battle between Future Retail and Amazon, the counsel for the latter in the Supreme Court proposed a dialogue to end the legal battles.

Senior advocate Gopal Subramanium, representing Amazon, submitted before a bench headed by Chief Justice N.V. Ramana tha

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Economy/Business
Supply disruptions of sunflower oil lift crude palm oil prices to all-time high
Supply disruptions of sunflower oil lift crude palm oil prices to all-time high

New Delhi, Possible short supply of sunflower oil amid the ongoing Russia-Ukraine has led the crude palm oil prices going through the roof.

Escalated geo-political worries in the Black Sea region may have significant bearing on sunflower seed and the oil supply from the region.

India is the major im

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Economy/Business
Creating public awareness can help counter problem of counterfeiting and smuggling: Ashok Patil
Creating public awareness can help counter problem of counterfeiting and smuggling: Ashok Patil

New Delhi, Prof (Dr) Ashok R. Patil, Chair Professor and Chair on Consumer Law & Practice (Ministry of Consumer Affairs, Government of India), National Law School of India University said, "Consumers have the right to be informed about the purity, safety, quality of the product, right to seek redressal against unfair tr

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Economy/Business
Himachal's GSDP set to grow at 8.3% in 2021-22: Economic Survey
Himachal's GSDP set to grow at 8.3% in 2021-22: Economic Survey

Shimla, The economy of Himachal Pradesh has recovered from the Covid-19 pandemic with the state's GSDP set to grow at 8.3 per cent in 2021-22 as compared to minus 5.2 per cent in 2020-21, Chief Minister Jai Ram Thakur said on Thursday.

Tabling the Economic Survey for 2021-22 in the Assembly, Thakur, who also h

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World
Russia's secret documents reveal war plans
Russia's secret documents reveal war plans

Russia's secret documents reveal war plans approved on Jan 18, capture Ukraine in 15 days

Russia's secret war documents have revealed that the plans for Moscow's war with Ukraine were approved on January 18 and it anticipated that the capture must be executed within 15 days, from February 20 to March 6.

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World
Turkey eases several Covid curbs
Turkey eases several Covid curbs

Ankara, Turkey has eased several Covid-19 restrictions in public spaces as the country has entered a new phase in the fight against the pandemic, Health Minister Fahrettin Koca said.

"I would like to emphasise that the pandemic currently affects our social life much less than before," the Minister told r

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World
S.Korean Embassy in Ukraine prepares to resume operations after moving base
S.Korean Embassy in Ukraine prepares to resume operations after moving base

Seoul, South Korea's mission in Ukraine is preparing to resume operations in Chernivtsi, near Romania, after moving out of the capital city of Kiev in the wake of Russia's military assault, an official from the Foreign Ministry in Seoul said on Thursday.

Ambassador Kim Hyung-tae and other embassy staff arr

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