Tag: News
Assam floods: 57,000 people impacted across seven districts; 202 homes destroyed
According to an official statement, the recent floods in Assam have affected almost 57,000 people across seven districts. Almost 222 villages and 10321 people are impacted by the floods in 15 revenue ... Read More
The uncertain wheat crop in China raises concerns about the global economy
Floods and severe lockdowns in China have hampered farming to the point where the country’s winter wheat harvest, which begins next month, remains one of the biggest unknowns in a global economy... Read More
On dismal Q4 results, Punjab National Bank drops 10% and reaches a 52-week low
Punjab National Bank (PNB) shares hit a 52-week low of Rs 29.90 on the BSE on Thursday at 09:32 a.m., frozen at the 10% lower circuit, as the state-owned lender’s standalone net profit fell 66 p... Read More
Oil prices have dropped over 1% due to global economic concerns and a strong dollar
On Tuesday, oil prices fell more than 1%, continuing the previous day’s severe drop, as coronavirus lockdowns in China’s main oil importer, a strong dollar, and mounting recession threats ... Read More
10 gramme of gold costs Rs 51,710, while silver costs Rs 62,500 per kilo
On Monday, the price of 10 grammes of 24-carat gold remains unchanged from yesterday’s rate of Rs 51,710, and the price of 1 kg silver remains stable from Sunday, at Rs 62,500 per kg. The price ... Read More
As electricity demand rises, the government orders all imported-coal facilities to operate at maximum capacity
To address India’s ongoing power crisis, the Centre has invoked Section 11 of the Electricity Act, requiring all imported coal-based projects to generate power at full capacity, according to a s... Read More
On May 6, the Coal Ministry will host a meeting for investors
On Friday, the coal ministry will host a high-level Investors’ Meeting to encourage private-sector investment. Coal Minister Pralhad Joshi will kick off the event, which will take place in Mumba... Read More
Zepto has raised $200 mn to develop its 10-minute delivery service throughout India
Zepto, a rapid commerce startup founded by two 19-year-old Stanford dropouts nine months ago, has raised $200 million in a Series D funding round, valuing the company at about $900 million. Zepto inte... Read More