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Economy

Sensex tanks over 1,400 pts as Wall Street rout triggers global market meltdown; investors poorer by Rs 6.71 lakh cr

Mumbai, May 19 (PTI) Equity indices sank in a sea of red on Thursday, joining a global market sell-off after Wall Street suffered...

Sensex tumbles 1,416 points amid global market meltdown; investors lose Rs 7 lakh cr

Mumbai (Maharashtra) , May 19 (ANI): The Indian stock markets' key indices, Sensex and Nifty, tumbled by more than 2.5 per cent on Thursday...

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

India’s monetary panel sees need for more interest rate hikes

India’s monetary policy makers voted to hike interest rates for the first time in nearly four years and moved to drain billions of rupees from the banking system to tame prices.

Odisha Govt extends ‘Mission Shakti’ scheme for five years

Bhubaneswar (Odisha) , May 19 (ANI): Odisha state cabinet chaired by Chief Minister Naveen Patnaik has approved a proposal to extend 'Mission Shakti' scheme...

Gautam Adani and Mukesh Ambani reap benefits from surging oil & coal

Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. While Ambani is snapping up distressed crude-oil cargoes at discounts to feed Reliance's refining complex.

CCI approves acquisition of majority stake in SMW Ispat by OFB Tech

New Delhi , May 19 (ANI): The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of a majority stake...

Sensex plunges 1,309 points amid global selloff; IT stocks worst hit

Mumbai (Maharashtra) , May 19 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading around 2.5 per cent down in the...

LPG price hiked by Rs 3.5, crosses Rs 1,000 mark

New Delhi, May 19 (PTI) Cooking gas LPG price was on Thursday hiked by Rs 3.50 per cylinder, the second increase in rate this...

UK-based Surface Measurement Systems to set-up India’s first state-of-the-art laboratory for pharmaceutical powder characterisation in Hyderabad

London , May 19 (ANI): United Kingdom-based Surface Measurement Systems has announced the establishment of the Particle Characterisation Laboratory in Hyderabad and has aggressive...

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?