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The Indian Express

The Indian Express brings to you latest news from India and the world, breaking round the clock. On telegram: https://t.co/O25yz94l1W

Followers: 4,265,018

  The Indian Express

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The Ludhiana unit of the anti-drug Special Task Force (STF) arrested four aides of gangster Pankaj Rajput for alleged drug peddling Friday. The STF also seized 2.230 kg heroin and a Maruti Suzuki Ciaz car from them.

Ludhiana STF arrests 4 aides of gangster Pankaj Rajput,..

Investigators said the drug-peddling racket was run by gangster Pankaj Rajput who is wanted by the police.

The Indian Express

25/03/2023 12:42:47 PM     Share:

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#ExpressBiz | In signs of protests against the 9-month-old windfall tax, Anil Agarwal’s Vedanta Ltd has withheld about $91 million from the share of profit due to government from its oil and gas fields, to make up for the additional tax outgo.

Windfall tax: Vedanta deducts $91 million from govt’s p..

India first imposed windfall profit tax on July 1, 2022 joining a growing number of nations that tax super normal profits of energy companie..

The Indian Express

24/03/2023 04:21:26 PM     Share:

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#ExpressBiz | Maruti Suzuki targets sales via Nexa outlets to overtake volumes of Hyundai, Tata Motors by next year

Maruti Suzuki targets sales via Nexa outlets to overtak..

The Nexa retail chain, started in 2015 to sell Maruti Suzuki's premium vehicles, has crossed the cumulative sales milestone of 20 lakh units..

The Indian Express

24/03/2023 12:56:46 PM     Share:

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Rs 49,912.37 crore is pending as 'outstanding bills' of various states and UTs, yet to be paid to the CAPF, and 11 states and J&K have asked that the cost be waived off, MHA has informed the Parliamentary Standing Committee. @mahendermanral reports

States, UTs owe more than Rs 49,000 crore to CAPF, 11 s..

The Parliamentary Standing Committee has asked the home ministry to adopt a firm view and raise the issue of pending dues with defaulter sta..

The Indian Express

24/03/2023 10:37:10 AM     Share:

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#ExpressBiz | Reliance is heavily discounting in-store prices. A two-litre Campa Cola bottle is priced at 49 rupees in stores, a near 50% discount on its label price, an analysis showed.

Ambani adopts familiar playbook in India cola battle vs..

The company is heavily discounting in-store prices. A two-litre Campa Cola bottle is priced at 49 rupees in stores, a near 50% discount on i..

The Indian Express

24/03/2023 09:42:23 AM     Share:

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#ExpressView | US Fed hikes rates as inflation remains high. With fears over financial stress persisting, central banks must remain watchful

Express View: Navigating an economically uncertain envi..

US Fed hikes rates as inflation remains high. With fears over financial stress persisting, central banks must remain watchful

The Indian Express

24/03/2023 08:42:41 AM     Share:

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Britain’s central bank boosted its key rate by a quarter-percentage point to 4.25% on Thursday, a day after the U.S. Federal Reserve approved a similar move to tame inflation that is crimping household budgets and slowing economic growth.

UK central bank hikes rates like Fed amid financial tur..

A week ago, the European Central Bank hiked rates by a large half-point, brushing aside the financial market jitters and calling Europe’s ba..

The Indian Express

23/03/2023 06:12:10 PM     Share:

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The Indian rupee saw its best trading session in three weeks on Thursday, as Asian currencies firmed on anticipation that the U.S. Federal Reserve was near the end of its rate hiking cycle.

Rupee logs best day in three weeks on rising bets of Fe..

Lack of inflows and potential dollar orders from oil companies may have pulled the rupee down from its high of 82.08 during the day, traders..

The Indian Express

23/03/2023 05:44:45 PM     Share:

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The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point.

US Federal Reserve delivers small rate hike, says ‘some..

The move set the U.S. central bank's benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 F..

The Indian Express

22/03/2023 11:43:13 PM     Share:

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U.K. inflation accelerated for the first time in four months in February as high food and energy prices hit consumers battered by the nation’s cost-of-living crisis.

UK inflation jumps to 10.4 per cent, surprising analyst..

The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month, the Office for National Statistics..

The Indian Express

22/03/2023 04:06:50 PM     Share:

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#ExpressBiz | Investors are awaiting an interest rate decision by the Federal Reserve, which is expected to temper its efforts to tame inflation given the recent turmoil that has wracked the banking sector

World shares mixed ahead of Fed rate hike decision

Investors are awaiting an interest rate decision by the Federal Reserve, which is expected to temper its efforts to tame inflation given the..

The Indian Express

22/03/2023 04:01:13 PM     Share:

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#IEWorld | IMF facility debunks Sri Lanka’s bankrupt status: President Wickremesinghe

IMF facility debunks Sri Lanka’s bankrupt status: Presi..

The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country.

The Indian Express

22/03/2023 02:43:48 PM     Share:

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#ExpressOpinion | #CreditSuisse collpase: It appears to be the start of the process by which interest rate hikes first slow credit, then the economy and eventually, inflation ✍️ Jahangir Aziz writes

Credit Suisse collapse: The collapse of two mid-sized b..

Jahangir Aziz writes: It appears to be the start of the process by which interest rate hikes first slow credit, then the economy and eventua..

The Indian Express

22/03/2023 09:37:50 AM     Share:

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Mehul Choksi fled India in January 2018, days before the CBI booked him and his nephew Nirav Modi in the PNB loan fraud case. He had by then acquired the citizenship of Antigua and Barbuda.

Why the Interpol notice against Mehul Choksi was withdr..

Mehul Choksi fled India in January 2018, days before the CBI booked him and his nephew Nirav Modi in the PNB loan fraud case. He had by then..

The Indian Express

21/03/2023 07:27:44 PM     Share:

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#ExpressBiz | The rupee depreciated by 10 paise to 82.66 against the US dollar amid a rise in crude oil prices and unabated foreign fund outflows from the domestic equity market.

Rupee falls 10 paise to 82.66 against US dollar as oil ..

At the interbank foreign exchange, the rupee opened strong at 82.54 against the dollar.

The Indian Express

21/03/2023 04:18:18 PM     Share:

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The CBI has asked the Commission for Control of Interpol’s Files (CCF) for restoration of Red Notice against fugitive diamantaire Mehul Choksi who is wanted in Rs 13,000 crore bank fraud in Punjab National Bank, agency said in a statement.

CBI seeks restoration of Red Notice against Mehul Choks..

It said CCF has subsequently clarified to CBI that its decision in no manner has any determination on any guilt or innocence of Mehul Chinub..

The Indian Express

21/03/2023 03:29:11 PM     Share:

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#ExpressBiz | State-owned NMDC on Tuesday said it has hiked price of iron ore lumps by Rs 100 to Rs 4,500 per tonne with immediate effect.

NMDC hikes iron ore lump rate by Rs 100/tonne; fines by..

State-owned NMDC on Tuesday said it has hiked price of iron ore lumps by Rs 100 to Rs 4,500 per tonne with immediate effect.

The Indian Express

21/03/2023 01:26:35 PM     Share:

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#ExpressBiz | Tata Sons chairman N Chandrasekaran is learnt to have discussed the engagement of outgoing TCS MD and CEO Rajesh Gopinathan with the group beyond September 15 in an advisory role.

Discussion at Tata Group on to engage TCS’ outgoing CEO..

N Chandrasekaran has discussed with Gopinathan for his engagement with Tata Group in an advisory role after his notice period ends on Septem..

The Indian Express

21/03/2023 12:51:59 PM     Share:

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#ExpressBiz | Gold prices edged higher, with investors looking forward to the Federal Reserve policy meeting as expectations grew that the US central bank would slow its monetary policy tightening given the upheaval in the banking sector.

Gold inches higher as investors focus on Fed meeting

In volatile trading on Monday, gold prices shot up to their highest since March 2022 at $2,009.59.

The Indian Express

21/03/2023 09:51:42 AM     Share:

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#IEWorld | The International Monetary Fund said that its executive board has approved a nearly $3 billion bailout program for #SriLanka over four years to help salvage the country’s bankrupt economy.

Sri Lanka to get $3 billion bailout from IMF

Earlier this month, the last hurdle for the approval was cleared when China joined Sri Lanka's other creditors in providing debt restructuri..

The Indian Express

21/03/2023 09:36:46 AM     Share:

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The Indian Express

The Indian Express brings to you latest news from India and the world, breaking round the clock. On telegram: https://t.co/O25yz94l1W

Followers: 4,265,018

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