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India's forex reserves rise by over $800 mn
India's forex reserves rise by over $800 mn

Mumbai, India's foreign exchange reserves rose by $835 million during the week ended July 16.

According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $612.730 billion from $611.895 billion reported for the week ended July 9.

India's fo

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J&K LG inaugurates night flight operations at Jammu airport
J&K LG inaugurates night flight operations at Jammu airport

Jammu,  In a historic move Jammu and Kashmir Lieutenant Governor Manoj Sinha on Friday inaugurated the night flight operations at the Jammu Airport.

The Lt. Governor virtually flagged off the first late-night flight of Go Air from Jammu to Delhi to mark the occasion.

He acknowledged the su

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7-day relief: No revision in fuel prices in a week
7-day relief: No revision in fuel prices in a week

 

New Delhi,  Oil marketing companies (OMC) continued to pause fuel price revision for seven consecutive days, the longest period in weeks, as the global development on oil production and rising US inventories softened crude and product rates.

However, they stopped short of reducing the re

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Open air travel for inoculated passengers: IATA
Open air travel for inoculated passengers: IATA

New Delhi,  International air travel should be opened up for at least fully vaccinated air passengers, global airlines' association IATA told IANS.

As per the association, a comprehensive system should be set in place that allows hassle free travel for those inoculated.

Moreover, the s

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Improving demand to trigger tyre industry's growth
Improving demand to trigger tyre industry's growth

New Delhi,  Improving demand along with stable competitive intensity, and peak capex is expected to trigger linear growth for the Indian Tyre industry.

Accordingly, Motilal Oswal Financial Services said the Indian Tyre industry is expected to clock a 12 per cent CAGR over FY21-25E.

Besides

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Infra spending to boost 'Base metals' prices this year
Infra spending to boost 'Base metals' prices this year

New Delhi, Robust demand recovery amid gradual supply increase is expected to push base metal prices higher on a year-on-year basis in 2021.

However, increasing environmental concerns and emission targets are likely to lift the global cost curves across metals.

"Geo-political relations and

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We can make next 30 years the best in India's history: Mukesh Ambani
We can make next 30 years the best in India's history: Mukesh Ambani

New Delhi, "I am supremely hopeful and confident about the Rise of New India. I can see that the spirit of India is more resurgent than ever before", Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) wrote in Times of India.

Ambani said India and the world changed dramatically at the beginning o

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Equities on tenterhooks: Covid concerns, Fed decision to induce caution
Equities on tenterhooks: Covid concerns, Fed decision to induce caution

Mumbai,   India's key equity indices are expected to maintain caution on the back of rising Covid cases globally as well as the rate decision of the US Fed during the upcoming week.

However, expectations of robust quarterly results along with hopes for an accelerated economic recovery will retai

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BJP's Somu Veerraju launches temple protection tour in Andhra
BJP's Somu Veerraju launches temple protection tour in Andhra

Amaravati,  Andhra Pradesh Bharatiya Janata Party (BJP) president Somu Veerraju on Saturday launched a temple tour programme across the state, aimed at protecting them amid alleged attacks over the past months.

"Since the time YSRCP took power in the state under the leadership of Y.S. Jagan Mohan Re

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Trinamool nominates ex-Prasar Bharati CEO Jawhar Sircar to RS
Trinamool nominates ex-Prasar Bharati CEO Jawhar Sircar to RS

Kolkata,  In a surprise development Trinamool Congress nominated retired Indian Administrative Service (IAS) officer and former Chief Executive Officer (CEO) of Prasar Bharati, Jawhar Sircar to the Rajya Sabha.

The bypoll for the Rajya Sabha seat from West Bengal, vacated by Dinesh Trivedi earlier this y

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