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July retail inflation slows to 9-month low at 4.17%

As per the data released by the Central Statistics Office, Retail inflation decelerated to 4.17 per cent in July from 4.92 per cent a month ago in the wake of softening food prices.

posted by Jawwad Kazi 14th Aug 2018

Rupee plunges to all-time low at 69.91

The rupee on 13 August crashed by Rs 1.08, or 1.57 per cent, and moved closer to the 70 level to end at a historic low of 69.91 against the US currency as the Turkish currency, lira, plunged, sending global currencies into a tailspin.

posted by Jawwad Kazi 14th Aug 2018

Solar cells: Government drops safeguard duty

The finance ministry suspended the implementation of a safeguard duty on imported solar cells following a stay order by the Orissa High Court.

posted by Jawwad Kazi 14th Aug 2018

ISRO set to launch its TV channel

The Indian Space Research Organisation (ISRO) will have an year-long Vikram Sarabhai centenary celebration starting in August 2019 to honour the visionary scientist and its legendary founding father.

posted by Jawwad Kazi 13th Aug 2018

Industrial output expands 7% in June

According to data released by the Central Statistics Office (CSO, Industrial output recorded a growth of 7 per cent in June on account of higher output in mining, manufacturing, power generation segments and a low base growth.

posted by Jawwad Kazi 11th Aug 2018