The government is committed to reduce imports and promote self-reliance in the defence sector, Finance Minister Nirmala Sitharaman said on Tuesday. She said that 68 per cent of capital for the defence sector would be earmarked for the local industry. Sitharaman also…
Prime Minister Narendra Modi on Sunday paid floral tributes to Mahatma Gandhi on his death anniversary at Gandhi Smriti in Delhi. Earlier in the day, Prime Minister Modi paid floral tribute to Mahatma Gandhi at Rajghat on the 74th death anniversary of the father of the…
India is back on the diplomatic table pushing oil producing countries to raise production in a bid to cool down runaway oil prices. Brent crude oil prices traded above $90 a barrel, on Thursday, for the first time since 2014. Brent is the most…
The government has notified an agreement between Air India and a special purpose vehicle for transferring the carrier’s non-core assets, marking another step in the national airline’s takeover by the Tata Group on Thursday. Ratan Tata, chairman of the salt-to software conglomerate, is likely…
India recorded 3,06,064 new Covid-19 cases and 439 related deaths in the last 24 hours, according to the Union Ministry of Health and Family Welfare on Monday. While daily cases are fewer than those logged on Sunday when there were more than…
Delhi has not reported any new case of the Omicron variant for two days now, maintaining a tally of 513 infections so far, data showed on Monday. Meanwhile, the city recorded 22,751 new Covid-19 cases and 17 deaths on in the last 24 hours….
Stock markets were deep in the red and some key government bond yields climbed to their highest in years on Thursday after the Federal Reserve signalled the possibility of faster-than-expected US rate hikes and stimulus withdrawal. The 10-year Treasury note’s…
India on Wednesday confirmed its first death linked to the Omicron variant of Sars-CoV-2 after a deceased Udaipur resident’s sample showed presence of the virus. Meanwhile, cases continued to climb sharply across major cities – Mumbai’s fresh Covid cases breached…
Gold consolidated above the key $1,800 per ounce level on Tuesday, after a sharp retreat in the last session, as some investors sought cover from pandemic-led uncertainty, inflation and its likely impact on the US Federal Reserve’s rate hike trajectory. But…
More than 40 lakh children in the age group of 15 to 18 years received their first vaccine dose against COVID-19 on January 3 – the first day of the widened immunisation drive, as infections inch up again in the country. Announcing…