Crude oil import bill is likely to jump by about USD 26 billion
As per the official statement, India’s crude oil import bill is likely to jump by about USD 26 billion in 2018-19 as rupee dropping to a record low has made buying of oil from overseas costlier.
India Ratings cuts growth forecast for FY19 to 7.2%
India Ratings & Research, revised down its growth estimate for Indian economy to 7.2 per cent from its earlier projection of 7.4 per cent for 2018-19.
Steel imports from Japan, South Korea surge
A recently published government document showed that India is being hit by a wave of steel from producers in Japan and South Korea, as mills there redirect supply after U.S. President Donald Trump slapped an import duty on the alloy earlier this year.
Baig to mount PDP defence of Art. 35 A
The Peoples Democratic Party said senior leader and MP Muzaffar Hussain Baig and party counsel will fight the legal challenge to the validity of Article 35A in the Supreme Court on the next date of hearing.
PM healthcare scheme from Sept. 25
In his last Independence Day address before the next general election Prime Minister Narendra Modi announced not just the launch date for his ambitious health insurance scheme, the Pradhan Mantri Jan Aarogya Abhiyan (PMJAA),
Rupee hits new all-time low of 70.32
The Indian rupee on Thursday plunged to a fresh record low of 70.40 a dollar after the country’s trade deficit widened to a five-year high as petroleum imports surged.
Tea exports to China, Pak. rise
In the first half of 2018, India shipped larger quantities of tea to two neighbouring countries – China and Pakistan .
Pune tops Ease of Living index; Patna ranked lowest of 111 cities
Three cities in Maharashtra ”” Pune, Navi Mumbai and Greater Mumbai ”” top the first Ease of Living Index brought out by the Union Ministry of Housing and Urban Affairs.
Green activist opposes water aerodrome project in Chilika
Green Nobel prize winner environmental activist Prafulla Samantara said his organisation Lok Shakti Abhiya will oppose the proposed water aerodrome project in Chilika lake at national and international forums.
300 Army personnel move SC against prosecution
Over 300 Army officers on Tuesday moved the Supreme Court against what they called “persecution” by the court and civilian agencies, like the CBI, for doing their duty in the insurgency-hit areas of Jammu and Kashmir and the northeastern States.