Coal India arm BCCL's output up by record 61% in Feb to 3.24 mt

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Putin’s war pushes up wheat price, may benefit Indian farmers

The spike in wheat prices in international market due to the ongoing Russia-Ukraine war may bring some benefit to Indian farmers in terms of getting a good price for their produce and the government may have to procure less quantity of the foodgrain at assured price (MSP) as private players would buy more directly from farmers, sources said. Less procurement by the government would reduce the subsidy burden as well.

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China raises defence budget to $230 billion, 3 times that of India

The Chinese government has proposed the defence budget for the fiscal year 2022 at 1.45 trillion yuan (USD 230 billion), a 7.1 per cent year on year increase, according to the draft budget proposals presented by Premier Li Keqiang to the National People's Congress (NPC), the country's parliament on Saturday.

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NSE ex-CEO may have cooked up ‘yogi’ story, says court, denies bail

The anticipatory bail plea of former CEO of National Stock Exchange Chitra Ramkrishna was rejected by a Delhi court, which stressed that the veracity of her claim of non-involvement in the “co-location” scam could not be established and expressed the suspicion that she may have concocted the story of a ‘Siddha Yogi’ guiding her to conceal her involvement.

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India's wheat exports pick up amid Russia-Ukraine war, says Food Secretary Sudhanshu Pandey

Russia and Ukraine together account for almost a quarter of the global wheat supply. Their wheat crop will mature in August and September this year. As a result, global wheat prices have already gone up and are ruling in the range of Rs 24,000-25,000 per tonne.

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Commodity prices see biggest weekly surge in nearly 50 years

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Should you buy the dip, or wait out market volatility?

Should long-term investors use the extreme volatility in the stock market to place their bets? Or, should they sit this period out. Investment advisers say that since market volatility and bearish sentiments don’t last forever, long-term players, who have surplus funds, should invest part of their money in quality stocks.

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Govt keeps eye on market trends for LIC IPO’s timing

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Int’l airfares up as Ukraine crisis sees oil prices spike

Airfares to international destinations have soared along with the rise in oil prices following the Russia-Ukraine crisis, but on the domestic routes, the recent hike in airfares can be attributed to an increase in bookings, said travel industry officials on Friday. In January, during the third Covid wave, domestic airfares crashed with a drop in demand.

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