[ad_1] The Department for Promotion of Industry and Internal Trade (DPIIT) plans to issue 50 Quality Control Orders (QCO) by the second quarter of FY24 and is in the process to bring aluminium products, lighters, sports goods, potable water bottles and insulated flasks, resin-treated compressed wood laminates and wooden furniture Read more…
[ad_1] Beijing: Could the COVID-19 surge in China unleash a new coronavirus mutant on the world? Scientists don’t know but worry that might happen. It could be similar to omicron variants circulating there now. It could be a combination of strains. Or something entirely different, they say. “China has a Read more…
[ad_1] Gold prices reached a six-month high of $1833 during the week as the number of Covid cases surged across countries, triggering a safe haven appeal for the metal. At the time of writing, gold prices hovered around $1805, making a significant slide from the highs but still are up Read more…
[ad_1] The International Monetary Fund (IMF) cautioned that India’s fiscal space is at risk as it called for a more ambitious and well-communicated consolidation to ensure medium-term fiscal sustainability. In its Article IV consultation report released Friday, the IMF called for further structural reforms, including addressing the adverse impact of Read more…
[ad_1] Wall Street’s main indexes opened lower on Thursday as fresh data underscored strength in the US economy and aggravated concerns over the Federal Reserve’s continued policy tightening. The Dow Jones Industrial Average fell 143.13 points, or 0.43%, at the open to 33,233.35. The S&P 500 opened lower by 25.18 Read more…
[ad_1] Wall Street’s main stock indexes opened higher on Wednesday as Nike brought cheer to markets with its better-than-expected results, while investors awaited more economic data for hints on the path of future interest rate hikes. The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to Read more…
[ad_1] Buoyant corporate sales, waning input cost pressures and rising investments in fixed assets are heralding the beginning of an upturn in the capex cycle in India that will speed up growth momentum in the economy, a Reserve Bank of India article said on Tuesday. The balance of risks is Read more…
[ad_1] Wall Street’s main stock indexes were subdued at the open on Monday after two straight weeks of losses on recession worries, while Tesla shares rose after a poll showed Elon Musk should quit as Twitter’s CEO. The Dow Jones Industrial Average rose 0.99 points, or 0.00%, at the open Read more…
[ad_1] Meltdown in shares of Dalal Street debutants and volatility triggered by geopolitical tensions soured the sentiments for the primary markets, with fund mobilisation through IPOs halving to nearly Rs 57,000 crore in 2022 and the New Year is expected to be even quieter. The overall collection would have been Read more…
[ad_1] NEW DELHI: When the market hit all-time record high levels as FII dollars started flooding Dalal Street in November, what did mutual fund investors do? They seemed to have acted smart by taking some profits off the table but didn’t forget the time-tested formula of investing in a staggered Read more…