Jio starts 5G services across all district headquarters in Gujarat

Jio starts 5G services across all district headquarters in Gujarat

Friday, 25 November 2022 | PTI | New Delhi

Telecom major Jio has rolled out 5G service across all 33 district headquarters of Gujarat under its trial phase, the company said on Friday. This makes Gujarat the first state to get 5G service across all district headquarters and it is also the biggest roll-out of the next generation service till...

Exports dip 17 pc to USD 29.78 bn in Oct

Exports dip 17 pc to USD 29.78 bn in Oct

Tuesday, 15 November 2022 | PTI | New Delhi

India's exports contracted by 16.65 per cent to USD 29.78 billion in October 2022 as compared to the year-ago period, according to data released by the commerce ministry on Tuesday. Imports during the month under review increased to USD 56.69 billion as against USD 53.64 billion in October 2021. During April-October 2022,...

Markets give up early gains; trade in negative territory

Markets give up early gains; trade in negative territory

Tuesday, 15 November 2022 | PTI | Mumbai

Equity benchmark indices on Tuesday gave up their initial gains to trade lower. After a positive beginning, the 30-share BSE Sensex climbed 158.85 points to 61,783 in early trade. The broader NSE Nifty had advanced 49 points to 18,378.15. However, both the benchmark indices later turned choppy and were trading lower. The BSE...

India's edible oil import bill up 34% at `1.57L cr: SEA

India's edible oil import bill up 34% at `1.57L cr: SEA

Tuesday, 15 November 2022 | PTI | New Delhi

India's edible oil import bill rose 34.18 per cent to Rs 1.57 lakh crore in the oil year ending October 2022, while in volume terms it rose 6.85 per cent to 140.3 lakh tonnes, industry body SEA said on Monday. India, the world's leading vegetable oil buyer, had imported 131.3 lakh...

Sebi mulls mandatory confirmation, denial on media reports by top 250 listed cos

Tuesday, 15 November 2022 | PTI | New Delhi

To streamline the disclosure requirements, Sebi has proposed mandating top 250 listed companies to confirm or deny any information reported in the mainstream media, which may have material effect on the listed entity. In addition, Sebi has suggested reducing the timeline to 12 hours from the occurrence of event or information...

Rupee falls 48 paise to close at 81.26 against US dollar

Tuesday, 15 November 2022 | PTI | Mumbai

The rupee depreciated by 48 paise to close at 81.26 (provisional) against the US dollar on Monday, tracking the recovery in the American currency and a muted trend in domestic equities. Forex traders said rising crude oil prices also weighed on investor sentiments. At the interbank foreign exchange market, the local...

Auto component suppliers to log 8-10% growth in revenue this fiscal: ICRA

Tuesday, 15 November 2022 | PTI | Mumbai

Auto component suppliers are expected to log an 8-10 per cent growth in revenue this fiscal driven by healthy demand from domestic original equipment manufacturers (OEMs) and pent-up demand from the aftermarket, according to a report. However, rating agency ICRA in the report said headwinds persist on the exports front for...

Centre ready to bring fuel under GST: Petroleum Minister Puri

Tuesday, 15 November 2022 | PTI | Srinagar

The Centre is ready for bringing petrol and diesel under the GST regime but it is unlikely that the states will agree to such a move, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday. “For bringing the petrol and diesel under the GST, the states have to agree....

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