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IndianOil Organises Workshop on catalysing corporate partnerships for Indoor Solar Cooking System

New Delhi: IndianOil organised a workshop on “Catalysing Corporate Partnerships for Indoor Solar Cooking System” in New Delhi in collaboration with Finovista. The workshop was focused on expanding access to Surya Nutan, the indoor solar cooking device by integrating it with government schemes, corporate foundations, and civil society initiatives. Surya Nutan, is an innovative hybrid…

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Rupee Trades in Tight Range as Pressure Mounts Against US Dollar

New Delhi : The Indian rupee continued its range-bound trade on Monday, depreciating by 5 paise to 86.76 against the US dollar in early trading. Forex traders attributed this weakness to a combination of significant foreign fund outflows and a negative trend in domestic equities. The rupee is currently facing a negative bias, as foreign…

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India Achieves Rs 1 Lakh Crore Milestone in iPhone Exports

New Delhi : For the first time this financial year, India has achieved a remarkable milestone of Rs 1 lakh crore in iPhone exports. This achievement marks a significant step forward in India’s growing presence in the global smartphone market. Ashwini Vaishnaw, India’s Minister for Electronics and Information Technology, attributed this success to the government’s…

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RBI reduces the repo rate by 0.25% marking the first cut in almost five years.

New Delhi, Feb 7 ,2025: In a move aimed at providing relief to borrowers, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Friday lowered the policy repo rate by 0.25% to 6.25%, citing easing inflationary pressures. This marks the central bank’s first rate cut in almost five years, raising expectations of reduced…

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U.S. Stocks Climb as Investors React to Solid Earnings Reports

New York, Feb 6,2025 – Wall Street closed higher on Wednesday as investors evaluated corporate earnings reports, economic indicators, and global trade developments. The market showed resilience despite ongoing geopolitical uncertainties and mixed sector performances. The Dow Jones Industrial Average advanced 317.24 points, or 0.71%, to settle at 44,873.28. The S&P 500 added 23.60 points, or…

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Gold Surges by ₹400, Crosses ₹85,000 Mark as Rupee Declines

Feb04, 2025: Gold prices soared by ₹400 to reach a historic high of ₹85,300 per 10 grams in Delhi, according to a report from news agency PTI, which cited data from the All India Sarafa Association. The surge in gold prices was attributed to a combination of factors, primarily the sharp depreciation of the rupee,…

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Sensex and Nifty See Gains Following US Pause on Planned Tariffs

New Delhi : The domestic benchmark equity indices, Sensex and Nifty, were trading in the green today, reflecting positive market sentiment as Asian markets also posted gains. This upward momentum was driven by the announcement from the U.S. that it had paused its planned tariffs on Canada and Mexico, easing concerns over the potential escalation…

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India’s Manufacturing PMI Climbs to Six-Month High of 57.7 in January, Driven by Strong Export Orders

New Delhi, Feb 3, 2025: India’s manufacturing sector experienced a significant rebound in January 2025, as the Manufacturing Purchasing Managers’ Index (PMI) surged to 57.7, marking its highest level in nearly six months. This robust growth was driven primarily by a surge in export orders, signaling a strong start to the new year. The PMI…

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India Strengthens Global Ties with ₹5,483 Crore Foreign Aid Allocation in Union Budget 2025

New Delhi, Feb 1- In line with its ‘Vishwa Bandhu’ vision, India has allocated ₹5,483 crore for foreign aid in the Union Budget 2025-26, marking a slight increase from last year’s ₹4,883 crore. The Ministry of External Affairs (MEA) has been granted ₹20,516.61 crore, lower than the ₹25,277 crore revised estimate of the previous year,…

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President Murmu Emphasizes India’s Economic Resilience and Stability

New Delhi, Jan 31,2025: President Droupadi Murmu, in her address to the joint session of Parliament on Friday, highlighted the significant achievements of the NDA government, emphasizing the remarkable resilience and stability of the Indian economy, even in the face of global challenges like the COVID-19 pandemic and ongoing geopolitical tensions. She underscored that India’s…

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