The government is set to revise the base year of the Wholesale Price Index (WPI) to 2022-23 and launch the Producer Price Index (PPI), a significant step towards updating India’s inflation measurement framework....
Global crude oil prices traded lower on Tuesday after posting sharp gains in the previous session as markets continued to assess uncertainty surrounding US-Iran negotiations....
Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, has agreed to sell 50 per cent of its royalty interest to The Metals Royalty Company Inc. (TMCR) for a total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform....
India and the US are scheduled to hold fresh trade negotiations from Tuesday and both sides are aiming to finalise the first phase of a long-awaited Bilateral Trade Agreement (BTA) that could significantly reshape trade ties between the two countries....
The Enforcement Directorate (ED) has conducted searches at two premises linked to the Vedanta Group in Delhi and Mumbai as part of an investigation under the Foreign Exchange Management Act (FEMA), senior agency officials said on Tuesday....
Intel Corporation and 3D Glass Solutions have signed a memorandum of understanding with the Odisha government to explore establishing an advanced semiconductor glass core packaging substrate manufacturing facility, a move that could strengthen India's ambitions to become a global semiconductor hub....
The Tiruppur knitwear and textile industry has welcomed the Centre’s decision to temporarily remove customs duty on cotton imports, describing it as a timely intervention that will help reduce production costs, improve raw material availability, and enhance the global competitiveness of India’s textile and ...
South Korea's exports surged 53 per cent from a year earlier to a new monthly high of $87.8 billion in May, driven by the semiconductor supercycle, government data showed on Monday....
South Korea's aviation sector output fell at the sharpest pace in 52 months in April, mainly due to a spike in fuel surcharges stemming from the prolonged Middle East conflict, government data showed on Monday....
India's digital payments ecosystem witnessed continued growth, with Unified Payments Interface (UPI) transaction volumes rising 24 per cent year-on-year to 23.20 billion and transaction value nearing the Rs 30 lakh crore mark in May, according to data released by the National Payments Corporation of India (NPCI) on Monday....
