The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on Wednesday to raise the benchmark policy rate by 50 basis points, bringing the repo rate to 4.90 percent, following a surprise rate hike in…
The dollar extended its overnight run into Asian trading hours on Tuesday, reaching new two-decade highs against the yen as concerns over continuing inflation drove up US bond rates. The dollar gained ground against the euro, pound, and Swiss franc….
External Affairs Minister S Jaishankar met with members of the Indian community here on Sunday and briefed them on recent events in India as well as the health of the bilateral relationship. Jaishankar is in town on the final phase…
On Thursday, the price of 10 grammes of 24-carat gold increased by Rs 160 to Rs 52,250, while the price of one kilogramme of silver increased by Rs 400 to Rs 62,000. The price of 10 grammes of 22-carat gold…
Sugar company shares were under pressure for the second day in a row, tumbling up to 9% on the BSE in Wednesday’s trade after the government announced export limits on sugar on Tuesday. Sugar exports will be regulated by the…
US President Joe Biden stated on Tuesday that the world is at a “transformative moment” that the Russia-Ukraine crisis is not merely a European but a global issue, and that Indo-Pacific states would-be allies and lead a global response to…
Six more people perished in floods in Assam on Sunday, bringing the total death toll to 24, officials said, even as the water situation improved marginally. In 22 of the state’s 34 districts, about 7.19 lakh people have been affected….
The Delhi government has requested a thorough report on the BJP-run civic authorities’ demolition drives that have been taking place around the city since April 1, according to official sources. This comes days after the three civic bodies undertook a…
Prime Minister Narendra Modi met with his Nepalese counterpart Sher Bahadur Deuba on Monday in Lumbini, the birthplace of Gautam Buddha, to discuss ways to deepen current cooperation and expand new areas in the comprehensive bilateral partnership. Modi visited Deuba…
In keeping with a jump in global energy costs, jet fuel prices were boosted by a whopping 5.3 percent on Monday, marking the ninth consecutive increase this year. According to a price announcement issued by state-owned fuel dealers, the price…