US inflation watch: Producer prices dip 0.1% in August; weaker-than-expected data hints at tariff impact
US producer prices unexpectedly declined by 0.1% in August, contrasting with July’s 0.7% increase, according to the Labor Department. This drop in wholesale services prices, ...
Industrial boost: Vedanta in process of land acquisition for 3 MTPA smelter; aluminium park in Jharsuguda also on cards
Vedanta is actively acquiring land in Dhenkanal, Odisha, to establish a 3 MTPA aluminium smelter, potentially creating over two lakh jobs. This expansion aims to ...
PV Narasimha Rao award: Ex PM Manmohan Singh honoured posthumously; wife Gursharan Kaur receives on his behalf
Dr. Manmohan Singh, the former Prime Minister, was posthumously honored with the P V Narasimha Rao Memorial Award for Economics for his significant contribution to ...
Mutual funds trends: Equity inflows drop 22% to Rs 33,430 cr in August; SIP momentum flat at Rs 27,000 cr
Equity mutual fund inflows experienced a 22% decrease in August, totaling Rs 33,430 crore, primarily due to a reduction in new fund offerings. Despite this ...
Novo Nordisk to cut 9,000 jobs: Ozempic maker to reduce workforce by 11%; refocus on diabetes and obesity treatments
Novo Nordisk is set to reduce its workforce by 11%, eliminating 9,000 jobs globally, including 5,000 in Denmark, to save $1.3 billion amid rising competition ...
India not pursuing dollar alternative: CEA Nageswaran clarifies on economic conditions; assures resilience amid global tensions
CEA Nageswaran clarified India’s non-participation in initiatives to create an alternative to the US dollar, emphasizing the nation’s economic resilience. Despite global trade tensions, India ...
Bhagalpur–Dumka–Rampurhat railways line to be doubled: Rs 3,169 crore project greenlit; freight, tourism to benefit
The Cabinet Committee has approved the doubling of the Bhagalpur–Dumka–Rampurhat railway line, a 177 km project spanning Bihar, Jharkhand, and West Bengal, with an estimated ...
Ukraine war: US’ Nato envoy accuses India, China of funding Russian offensive; suggests ‘additional sanctions’
US Ambassador Matthew Whitaker claimed Russia’s Ukraine operations are funded by oil sales to India, China, and Brazil, urging sanctions. India faces new tariffs amid ...
Bihar infra boost: Cabinet clears 4-lane Mokama–Munger road corridor; Rs 4,447 crore allocated
The CCEA has approved the construction of a 4-lane greenfield access-controlled Mokama–Munger section of the Buxar–Bhagalpur high-speed corridor in Bihar, costing Rs 4,447.38 crore. This ...
Jumbo challenge for chip-making: Tata Electronics builds elephant-proof barrier for Assam unit; snakes necessitate further safeguards
In a remarkable blend of technology and nature, Tata Electronics’ ambitious semiconductor plant in Assam encounters an unexpected challenge: local elephants. These majestic creatures pose ...
