Business

January 16, 2019 2:47 PM

Sensex and Nifty climb 0.25% amid mixed Asian markets

Benchmark indices today logged gains for second session in afternoon trade. Sensex and Nifty, both, climbed 0.25 percent amid mixed Asian markets. The Sensex at the Bombay Stock Exchange gained 94 points to trade at 36,412. The Nifty at National Stock Exchange also added 29 points to 10,916 level a ...

January 16, 2019 7:14 AM

RBI announces OMO purchase of government securities on Jan 17

Reserve Bank will inject 10,000 crore rupees into the system through the purchase of government securities tomorrow to increase liquidity. The central bank said in a statement that the purchase will be made through open market operations (OMOs). The statement said the eligible participants should su...

January 14, 2019 12:50 PM

China's trade surplus with US increased last year to 323.3 billion US dollars

China's trade surplus with the United States increased last year to  323.3 billion US dollars from 275.8 billion US dollars in 2017, data showed today.  The surplus with the US is a major source of anger within the Trump administration, which imposed tariffs on hundreds of billions of dolla...

January 8, 2019 9:11 AM

Exports of jute products rise be 24% since 2014: Smriti Irani

Union Textiles Minister Smriti Irani has said that exports of jute diversified products have risen by 24 per cent since 2014. Speaking at a textile outreach programme in Kolkata, the minister said, jute is the currency of the day and it has contributed for West Bengal to flourish for years. She said...

January 4, 2019 10:13 AM

FSSAI asks food businesses to comply with new packaging norms by July 1

Food Safety and Standards Authority of India  FSSAI has said food businesses need to comply with new packaging regulations that bar use of recycled plastics and newspapers to wrap food articles by July 1. In a release yesterday FSSAI CEO Pawan Agarwal said the new packaging regulations would raise t...

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