Thursday, February 24, 2022

Govt frees OLED, liquid crystals imports, Remdesivir exports

In a separate notification, the Directorate General of Foreign Trade also said that Remdesivir Injection and API, Amphotericin-B Injections, Enoxaparin (Formulation and API) and Intra-Venous Immunoglobulin (IVIG) are now freely exportable. Their exports were restricted earlier.

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Govt officials in huddle to assess Ukraine impact on economy

Government officials on Thursday went into a huddle to access the impact of Russian aggression in Ukraine on the Indian economy and began preparing contingency plans to combat a possible spike in inflation due to a rise in oil prices and the country's external trade being impacted.

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India's total FDI inflow of USD 60.3 billion in April-Dec '21 down 10.6 per cent: Govt data

Equity inflow through FDI during April to December period of 2021-22 is USD 43.1 billion which is 16 per cent lesser than the USD 51.4 billion received in FY 2020-21, latest official data shows, even as the government continued to put in place an enabling and investor-friendly FDI policy and remove policy bottlenecks that have been hindering the investment inflows into the country.

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Crude oil prices soar: What it means for India



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Wednesday, February 23, 2022

US stocks fall again as Russia-Ukraine tensions mount

The Dow Jones Industrial Average fell 464.85 points, or 1.38%, to 33,131.76, the S&P 500 lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite dropped 344.03 points, or 2.57%, to 13,037.49.

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Crypto ads need disclaimer: ASCI



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Voda may sell stake in tower co to support struggling Vi



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India's economy may have grown 6% in the third quarter

estimate of 6%. India's gross domestic product had grown 20.1% and 8.4% in the first and second quarters, respectively, and 0.5% a year earlier.

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BharatPe co-founder’s wife Madhuri Jain fired

The escalation in the fight between BharatPe co-founder Ashneer Grover and the investors in the fintech startup took an ugly turn on Wednesday with the sacking of Madhuri Jain Grover, Ashneer’s wife and head of controls at the company, over allegations of misappropriation of funds.

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