Karnataka suspends online sale of Mysore silk saris as orders surge
BENGALURU: Karnataka govt has suspended online sales of Mysore silk saris after surging orders outstripped supply of the GI-tagged weave made with pure mulberry silk, gold zari and silver threads.…
Government asks refineries to boost LPG for homes amid Middle East crisis
NEW DELHI: The government has directed oil refineries to increase the production of liquefied petroleum gas (LPG) and divert the additional output for domestic household use in view of geopolitical…
India rules out releasing strategic oil reserves after IEA calls to cool prices
India will not participate in the International Energy Agency’s (IEA) proposal to release strategic petroleum reserves to stabilise global oil markets, government sources said on Monday, even as crude prices…
US stocks today: Dow slides over 700 points, S&P 500 drops 1.3% as oil briefly nears $120
US stock markets tumbled on Monday as a sharp spike in oil prices following the Middle East conflict rattled investors and raised fears about the resilience of the global economy.The…
Stock market today: Which are the top gainers and losers on March 9? Check list
Benchmark equity indices Sensex and Nifty ended sharply lower on Monday, as surging crude oil prices and weak global cues triggered a broad-based sell-off amid escalating tensions in Middle East.The…
Office market: Lower rentals put Navi Mumbai on GCC radar, says CRE Matrix
Lower office rentals are helping Navi Mumbai emerge as a preferred destination for multinational companies and global capability centres (GCCs), with rents in the city about 21% below the average…
Rupee hits all-time low: Currency falls 53 paise to close at 92.35 against US dollar
The rupee slumped to a record closing low of 92.35 (provisional) against the US dollar on Monday, losing 53 paise during the session amid a sharp spike in global crude…
AI to settle most cashless claims in 2 years: Star Health
MUMBAI: Star Health Insurance, the largest health insurance company in the country, expects most cashless hospitalisation claims to be settled straight through using artificial intelligence within two years. Currently, a…
Oil above $100 as Iran war disrupts supply: Will G7 tap emergency reserves?
As the Middle East war continues to cast a shadow over energy supplies, G-7 nations are considering to jointly release strategic oil reserves. According to a report by Financial Times,…
‘Consumer always priority’: Jaishankar calls Iran crucial to India’s energy security as Middle East conflict intensifies
India is focused on securing its energy supplies and protecting its citizens, as the Middle East conflict continues to escalate. Speaking in the Rajya Sabha on Monday, external affairs minister…