PM Modi to visit Kedarnath-Badrinath today, tight security in place.

Prime Minister Narendra Modi will visit Kedarnath and Badrinath today during which he will inspect various ongoing development works and also lay foundation stones for some new projects. In view of the visit, security arrangements have been tightened in the area, an official said. While the officials are busy finalizing the preparations for the two-day […]

US Dollar Clings To Gains As Bets On Further Fed Hikes Firm

Financial News

THE Dollar Fought For A Footing In Choppy Trade On Thursday, With Support From Upbeat U.S. Data And Hawkish Policymaker Comments, While The Prospect Of Higher Energy Prices Helped Exporters’ Currencies And Weighed On Those Of Importers. The Dollar Rose 1% On The Euro And 1.3% On Sterling Overnight And Was Trying To Hold Those […]

Gold Steadies Above $1,650 As Safe Haven Appeal Creeps Back in

Financial News

Gold prices steadied above a major support level on Monday as growing risks of an economic recession spurred some safe-haven demand for the yellow metal Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst quarter since March 2021 with a Spot rose 0.2% to $1,663.99 an ounce, while gold futures were flat around $1,672 an ounce by Prices […]

Govt hikes DA By 4% Under 7th Pay Commission; Details Here

Financial News

The Union Cabinet has hiked the  Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission The hike takes DA to 38 percent from the current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to a higher […]

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Financial News

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum Airtel aims to deploy Aqilliz’s Blockchain technologies at scale across its fast-growing tech (Airtel Ads), digital entertainment (Wynk Music & Airtel Xstream) and digital marketplace (Airtel Thanks App) offerings Blockchain technology is maturing and we see its application across areas […]

Long-Waited 5G Spectrum Auction Expected In April-May 2022: Official

Financial News

The long-awaited 5G spectrum auction is expected to be held in May this year if the Telecom Regulatory Authority of India (Trai) submits by March its recommendations on the rules regarding the sale process, according to a senior official of the telecom department Telecom Minister Ashwini Vaishnaw earlier this month said the Trai has informed that it will submit […]

Oil Prices Steady As Investors Eye US-Iran Nuclear Talks

Oil Prices Steady

Oil prices were mixed on Thursday, after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors await the outcome of U.S.-Iran nuclear talks that could add crude supplies quickly to global markets Brent crude futures slid 10 cents, or 0.1%, to $91.45 a barrel at 0130 GMT, while U.S. […]

California Gas Utility Fined $10 Million For Ratepayer Money Misuse

california-gas-

A major California gas utility must pay the state nearly USD 10 million and reimburse customers money it improperly spent on work related to the development of energy-efficient building codes The penalties that Southern California Gas Co. faces were handed down Thursday by the California Public Utilities Commission The commission, which regulates California’s major utilities, […]

World Food Prices Ease In Dec, But Hit 10-Year Peak In 2021: FAO

World Food

World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursda The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.7 points last month compared with […]