Category: BUSINESS

Factory activity: India’s factory activity extends growth in February, input costs soar – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output, according to a private sector survey that also showed input costs inflation hitting a 32-month high. Although the Nikkei Manufacturing Purchasing Managers’ Index , compiled by IHS Markit, eased slightly to 57.5 in […]

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1 crore more free LPG connections in 2 yrs, easier access to cooking gas planned: Oil Secretary – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: The free LPG connection scheme is one structural reform of the Modi government that has been internationally acclaimed for ridding indoor household pollution and improving women’s health. And now, the government plans to give one crore more free LPG connections to the needy over the next two years and make it […]

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We must continue to trade with China: Bajaj Auto MD Rajiv Bajaj – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI: Favouring continuation of trade with China, Bajaj Auto managing director Rajiv Bajaj on Saturday said goods should be procured from wherever they are most competitively available. He was speaking at a session on ‘Building Reliable Supply Chain’ at the second day of the three-day virtual Asia Economic Dialogue 2021, jointly convened by […]

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Rising fuel cost pushes India Inc to hike prices – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr MUMBAI/NEW DELHI/CHENNAI/BENGALURU: Rising fuel expenses are having a cascading effect on manufacturing costs across sectors, which is resulting in higher prices for the end consumer. On Thursday, RBI governor Shaktikanta Das also pointed out that rising fuel prices have a cost-push factor. According to auto companies and transporters, truck rentals have gone up […]

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Economy out of recession, 0.4% growth in October-December – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Growth returned to the economy in the October-December quarter of 2020-21 helping it to move out of the recession that had gripped following one of the strictest lockdowns imposed last year to ward off the spread of the Covid-19 pandemic. Data released by the National Statistical office (NSO) on Friday showed […]

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Growth in December quarter shows economy returned to pre-pandemic times: Finance ministry – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: The GDP growth of 0.4 per cent in the December quarter shows that the economy has returned to pre-pandemic times and reflects further strengthening of a V-shaped recovery, the finance ministry said on Friday. After contracting for two quarters in a row, the Indian economy recorded a 0.4 per cent growth […]

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Scheduled international flight suspension extended till March-end – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: The government has extended suspension of scheduled international flights till March 31, 2021. However Vande Bharat Mission and scheduled flights under the travel bubbles India has so far created with 27 countries like US, Germany and France will continue and people eligible as per government norms can fly to and from […]

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Domestic flight fares: No check-in bag? Prepare to fly cheap on domestic flights once fare bands go | India Business News – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Flying within the country without any check-in baggage could soon get much cheaper. Light fares offered by airlines for passengers with only cabin baggage, before the two-month domestic flight suspension last March, could be lower by a maximum of Rs 200 from the lowest level check-in baggage inclusive fares. While, flyers […]

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After Rs 25 hike, LPG refill price up Rs 100 in February – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr NEW DELHI: Household cooking gas became costlier by Rs 25 on Thursday, marking the third increase this month, taking the total increase to Rs 100 per cylinder. The increase comes on a day benchmark Brent crude hit a 13-month high at $67.70 and global LPG (liquefied petroleum gas) has spiked on higher demand […]

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Nirav Modi news: From flashy diamantaire to fugitive: Nirav Modi’s long road to extradition – Times of India

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Share this…FacebookPinterestTwitterLinkedinTumblr LONDON: Nirav Modi‘s story up until the UK court verdict on Thursday, just two days before his 50th birthday, is one of stark contrasts. From someone flush with diamonds, quite literally, as a member of a Gujarati family of gem traders who grew up in the European jewellery hub of Antwerp in Belgium, […]

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