Make in India is the need of the hour: PM Modi

New Delhi: Prime Minister Narendra Modi on Thursday said Make in India is the need of the hour and appealed to the industry to reduce dependence on imports and boost domestic manufacturing. He urged the industry to take challenges and make efforts to cut imports of goods that can be manufactured in India. “Today, the […]

Gold jumps Rs 271; silver gains Rs 818

New Delhi: Gold in the national capital on Thursday jumped Rs 271 to Rs 51,670 per 10 grams in line with strong international precious metal prices and rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal finished at Rs 51,399 per 10 grams. Silver also gained Rs 818 to Rs 68,425 […]

Rupee slips 14 paise to 75.94 against USD amid surging crude

Mumbai: The rupee declined by 14 paise to close at 75.94 against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine. Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said. At the interbank foreign exchange market, the rupee opened […]

US stocks flat in premarket as war rages in Europe

New York: US markets were essentially flat in premarket trading while oil prices continued to climb as Russian forces bombarded Ukraine’s second-largest city and besieged two ports. The economic fallout from the Russian invasion expanded, with Fitch Ratings and Moody’s Ratings cutting Russia’s credit rating. They said the invasion and Western sanctions have hurt Moscow’s […]

India agrees to give more data on western river projects to Pakistan: Report

  Islamabad:  India has agreed to provide additional data on several western hydropower projects to Pakistan during an annual meeting between the officials of the two countries held here under the Permanent Commission on Indus Waters (PCIW), a media report said on Thursday.   The three-day meeting between the two commissioners of PCIW completed discussions […]

India taking some steps to restore normalcy in Kashmir asserts US official

  Washington: The Indian government has taken some steps to restore normalcy in Kashmir, a senior US diplomat has told American lawmakers, while asserting that the Joe Biden administration is keeping a close eye on the security situation, including militant threats in the region.   The Indian Parliament had revoked the special status of Jammu […]