Rupee breaches 96 mark, extends slide to fresh record low

New Delhi, May 15 (UNI) The Indian rupee breached the 96-mark against the US dollar on Friday, pressured by rising crude oil prices, escalating US-Iran tensions and continued strengthening of the American currency in global markets.
The domestic....

Fuel prices hike to add to inflation concerns, impact transportation costs

New Delhi, May 15 (UNI) The central government on Friday increased the retail selling prices of petrol and diesel, effective from Friday. The move is coming first in four years for retail consumers. Further, the price of CNG has also been raised by....

Stock Market records gains amid easing volatility, Sensex up 790 pts

New Delhi, May 14 (UNI) The Indian Stock Market soared on Thursday easing volatility amid positive global market trends. At close, Sensex was 790 points, or 1.06%, higher at 75,398.72, while the Nifty 50 ended at 23,689.60, up 277 points, or 1.18%.....

Amazon Bazaar records 5X growth in TN

Chennai, May 14 (UNI) Amazon.in on Thursday announced that Tamil Nadu has emerged as one of the fastest-growing States for Amazon Bazaar as orders from the State have increased 5X YoY, with the teeming megapolis of Chennai leading the charge with a....

CII Green Cementech 2026 focuses on net-zero roadmap for cement industry

Hyderabad, May 14 (UNI) The 22nd edition of Green Cementech 2026, the flagship annual conference and expo for the cement industry, organised by the CII-Green Business Centre in partnership with the Cement Manufacturers Association, commenced at the....

CIEL HR records 32 pc growth in FY26, Revenue nears Rs 2,000 cr, unveils CIEL 3.0 : Vision 2030

Chennai, May 14 (UNI) CIEL HR, India’s leading integrated HR and workforce solutions company, on Thursday announced that it recorded 32% growth in FY26, with revenues nearing Rs 2,000 crore, alongside the launch of “CIEL 3.0: Vision 2030”, the....

Indian cement industry reduced carbon footprint by over 40 pc in two decades: E R Raj Narayanan

Hyderabad, May 14 (UNI) The Indian cement industry has reduced its carbon footprint by more than 40 per cent over the last two to three decades through energy efficiency, use of alternative fuels, renewable energy, and technological interventions,....

PM's UAE-Europe tour to boost India's trade, investment ties: FIEO

Hyderabad, May 14 (UNI) The Federation of Indian Export Organisations (FIEO) on Thursday welcomed Prime Minister Narendra Modi's upcoming multi-nation visit to the United Arab Emirates, Netherlands, Sweden, Norway and Italy from May 15-20 stating....

Custom duty hike will play its effect on consumption pattern of gold: SBI

By Sourav Shekhar
New Delhi, May 14 (UNI) The customs duty hike of 15 per cent will play its effect on the consumption pattern of gold, an SBI report released here said on Thursday.
The report said that the current hike may see similar....

Passenger vehicle sales rose to 25.4pc Y-o-Y in April: SIAM

New Delhi, May 14 (UNI) Passenger Vehicle (PV) sales rose 25.4 per cent year-over-year (Y-oY) to 4,37,312, said Society of Indian Automobile Manufacturers (SIAM) on Thursday.
The automobile industry body said that total production of....

New Delhi, May 14 (UNI) The wholesale price inflation in April rose sharply to 8.3 per cent from 3.88 per cent in March, driven mainly by a steep rise in fuel and energy prices, according to data released by the Ministry of Commerce and Industry on....

Rolls-Royce, HAL’s JV IAMPL inaugurates expanded manufacturing facility in Hosur, TN

Chennai, May 14 (UNI) International Aerospace Manufacturing Private Limited (IAMPL), a joint venture between Rolls-Royce and Hindustan Aeronautics Limited (HAL) today inaugurated its expanded manufacturing facility at Hosur in Krishnagiri district of....

Union Minister for Coal and Mines visits Eastern Coalfields Limited

Sanctoria (WB), May 13 (UNI) union Minister of State for Coal and Mines Satish Chandra Dubey on Wednesday emphasised the need for balancing coal production with environmental responsibility and encouraged the adoption of modern, sustainable, and....

Countries tapping into oil inventories, strategic reserves at 'record pace': IEA

Paris, May 13 (UNI) Counties worldwide are now tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply disruptions caused by the ongoing Iran war, the International Energy Agency said today.
The....

Global oil reserves see massive reduction amid Strait of Hormuz disruptions; threaten future price surges – International Energy Agency

Paris, May 13 (UNI) Global oil reserves are shrinking rapidly due to the disruptions caused by the ongoing US-Israel war against Iran, as well as posing the threat of further oil price surges in the near future, the International Energy Agency (IEA)....