Economy

Economy News

NTPC, Vedanta And 16 Others Issued Show Cause Notices For Delay In Coal Mines Operations

Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks New Delhi:  Government has issued show cause.

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Economy News

Strict Action Against Those Exporting Wheat Illegally, Says Commerce Minister

Government will take strict action against exporters who are trying to ship or have shipped wheat by submitting improper documents after export ban New Delhi:  Government will take strict action.

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Economy News

Exclusive-Germany’s Rheinmetall bids for Leonardo’s OTO Melara cannon maker

By Angelo Amante, Giuseppe Fonte and Giulia Segreti ROME (Reuters) -Germany’s Rheinmetall has sent Italy’s Leonardo an offer for a minority stake in its OTO Melara cannon maker unit valuing.

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Economy News

Europe’s Acerinox, Aperam in talks to create global stainless steel giant

By Sarah Morland (Reuters) – Spain’s Acerinox and Dutch company Aperam are in preliminary talks about a possible merger, they said on Friday, a move that could create a global.

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Business Economy News

Germany aims for 30 billion eur investment in new start-up strategy

BERLIN (Reuters) – Germany’s economy ministry has drawn up plans to foster the start-up scene in Europe’s largest economy with a batch of measures including an injection of public funds.

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Economy News

After Curbs On Exports, Prices Of Wheat And Sugar Stable: Food Secretary

Retail prices of wheat, rice and sugar are showing a declining trend after curbs on exports were placed, Food Secretary Sudhanshu Pandey said New Delhi:  Retail prices of wheat, rice,.

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Economy News

Services Growth At 11-Year High In May, Input Inflation At Record: Survey

India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on consumers’ pocketbooks,.

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Economy News

U.S. targets yachts, cellist linked to Putin over Russia’s war in Ukraine

By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) – The Biden administration on Thursday issued a raft of new sanctions aimed at punishing Russia for its invasion of Ukraine, with.

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Economy News

Russia’s inflation slowdown cannot yet be seen as sustainable – cenbank

(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends on Thursday. Consumer price growth.

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Economy News

Petroleum Secretary Says LPG Subsidy Only For Ujjwala Beneficiaries

Government has limited subsidy on cooking gas LPG for only 9 crore poor women and other beneficiaries who got free connections under Ujjwala scheme New Delhi:  Government has limited subsidy.

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