Vegetable price surge amid heatwave impact
“The present heatwave has taken a toll on vegetable supplies, with prices of potatoes, tomatoes, and onions rising. This trend is likely to continue for another month or two,” said Madan Sabnavis, Chief Economist at Bank of Baroda.News Arena Network - New Delhi - UPDATED: June 13, 2024, 12:03 AM - 2 mins read
Economy
See AllJuly 1, 2024, 12:37 AM - 2 mins read
At about 12 pm, the Sensex was up 0.45 percent at 79,387, while the Nifty was up 107 points at 24,118. Around 2,391 shares advanced, 1,031 shares declined, and 125 shares remained unchanged. India VIX, which measures near-term volatility, inched up by a percent to trade around 14 levels.
Read moreJuly 1, 2024, 12:19 AM - 2 mins read
“As a consequence of ongoing increases in new order intakes, firms stepped up recruitment. The rate of job creation was sharp and the strongest seen since data collection started in March 2005. Staff expenses reportedly intensified in June, which coupled with rising material and transportation costs caused another overall increase in operating expenses,” the report noted.
Read moreJune 30, 2024, 02:31 AM - 4 mins read
At present, the US, China and Japan are the top three markets for Sony globally, followed by India.
Read moreJune 30, 2024, 01:00 AM - 1 min read
In the lead-up to the main event, Bihar will kick off a series of roadshows in various cities, starting with Kolkata on Monday. These roadshows are part of the state's strategy to roll out the red carpet for both domestic and foreign investors.
Read moreJune 29, 2024, 02:31 AM - 2 mins read
The tariff revisions, implemented over a span of two days, aim to monetise new 5G services and mark an end to the prolonged price competition among telecom giants since 2016.
Read moreJune 29, 2024, 02:23 AM - 3 mins read
South Africa earlier this week requested the establishment of two panels at a meeting of the Dispute Settlement Body (DSB) of the World Trade Organisation (WTO) to address the EU’s regulations on two separate plant health issues -- Citrus Black Spot and False Codling Moth.
Read moreJune 29, 2024, 01:24 AM - 3 mins read
This inaugural shipment of the season marks the fruition of a strategic Memorandum of Understanding (MoU) between the Meghalaya State Agriculture Marketing Board and Lulu Group International.
Read moreJune 28, 2024, 07:07 PM - 2 mins read
The adjusted mobile service tariffs for Bharti Airtel and Vodafone Idea will lead to a 10-24 per cent increase starting in the first week of July.
Read moreJune 28, 2024, 07:32 AM - 2 mins read
The Nifty50 index also recorded its first loss in five days. Despite the day's decline, both indices reached new intraday record highs before closing lower.
Read moreJune 28, 2024, 02:05 AM - 3 mins read
Bharti Airtel announced a 10-21% increase in prepaid and postpaid mobile tariffs, effective July 3, following a similar move by Reliance Jio. The hike, the first in two-and-a-half years, aims to boost Average Revenue Per User (ARPU) and support network investments.
Read moreJune 28, 2024, 01:50 AM - 2 mins read
The Indian MSME sector, which currently employs around 1.2 crore people, is expected to generate over two lakh new jobs by 2025 across various sectors such as e-commerce, logistics, and supply-chain management, according to a report released on Thursday.
Read moreJune 28, 2024, 01:32 AM - 2 mins read
India is projected to annually increase its colocation data center capacity by 464 MW until 2028, as per a report from Cushman and Wakefield. The country requires an additional 1.7-3.6 GW (gigawatt) data centre capacity over and above the planned development of 2.32 GW (colocation) capacity.
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