New Delhi, May 22 (IANS) India’s economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments even as the global economy continued to be shadowed by uncertainties in West Asia, according to the RBI’s monthly bulletin released on Friday.Industrial and services activity stayed strong in many segments. Early results of listed private non-financial companies for Q4:2025-26 also showed an improvement in business performance ove…
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Seoul, May 20 (IANS) Samsung Electronics’ union said on Wednesday it will proceed with the strike scheduled for later this week, arguing management has rejected a government-mediated proposal.”We accepted the mediator’s proposal,” the company’s largest union said, adding that it will go ahead with the legally scheduled general strike as planned, reports Yonhap news agency.The two sides have been holding government-mediated talks over performance-based bonuses, with nearly 48,000 workers schedu…
Mumbai, May 18 (IANS) Rising crude oil prices have emerged as the biggest concern for financial markets, with inflation fears, higher bond yields and foreign fund outflows creating pressure on equities, a market expert said on Monday.Speaking to IANS, Shrikant S. Chouhan, Head, Equity Research at Kotak Securities said crude oil prices continue to remain elevated with no signs of relief, adding that prices increased further by around $2-3 over the weekend.“As long as crude prices remain high, i…
Amsterdam, May 15 (IANS) The Indian community in the Netherlands expressed its excitement about Prime Minister Narendra Modi’s visit to the country on Friday while hailing the country’s enormous rise in the last decade. PM Modi, on the second leg of his ongoing official visit, will be visiting the Netherlands from May 15-17. During the visit, he will be meeting the Netherlands King Willem-Alexander, Queen Maxima and Prime Minister Rob Jetten. Various agreements forming part of the strategic pa…
New Delhi, May 15 (IANS) Gold is very much the topic of conversation following Prime Minister Narendra Modi’s call urging Indians to refrain from buying it for some time.In India, gold is a financial asset as well as linked with social, cultural, and religious traditions. Purchases are culturally important in India, but they are also import-heavy. Asking households to delay buying gold is a direct way to trim the outflow of foreign exchange without significantly touching taxes or subsidies, whic…
New Delhi, May 15 (IANS) Union Parliamentary Affairs Minister, Kiren Rijiju, on Friday praised India’s handling of fuel prices during global volatility triggered by the West Asia conflict, saying the country’s approach reflects responsible governance focussed on protecting citizens from inflationary shocks.Sharing his views on X, Rijiju wrote, “As the world battled rising fuel costs after the West Asia conflict, India stood apart. While several countries witnessed petrol & diesel hikes…
New Delhi, May 15 (IANS) Prof. Gourav Vallabh, a member of the Economic Advisory Council to the Prime Minister (EAC-PM), on Friday criticised opposition leaders for trying to sow confusion about the Prime Minister’s appeal for fuel conservation, saying the measures must be seen in the context of ongoing global economic disruptions and geopolitical tensions. Speaking to IANS, Vallabh said, “There are three major geopolitical conflicts going on all over the world. The first is the West Asia conf…
New Delhi, May 13 (IANS) Prime Minister Narendra Modi has been referred to as the world’s most popular politician and the Prime Ministers of Nordic countries have a lot to learn from him, according to an article in Norway’s leading financial newspaper Dagens Næringsliv (DN). On May 18, Prime Minister Modi will visit Norway.India’s Prime Minister Modi will be received by King Harald, promote Indian business, meet with the Indian diaspora and attend an India-Nordic Prime Ministers’ meeting.”The N…
Jaipur, May 13 (IANS) As Prime Minister Narendra Modi recently made a call to reduce petrol and diesel consumption, promote use of metro rail and public transport, car-pooling, and railway transport for freight movement, besides wider adoption of electric vehicles, Rajasthan Chief Minister Bhajan Lal Sharma on Tuesday issued major directives aimed at promoting fuel conservation and minimising the use of government vehicles. Under the new instructions issued by the Chief Minister, the number of v…
New Delhi, May 12 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Tuesday said that the Indian economy has continued to show resilience amid global geopolitical and economic challenges, with strong fundamentals and growing global confidence in India.Speaking at the CII Annual Business Summit 2026 here, Goyal said India has consistently emerged stronger from global crises and stressed that closer collaboration between the government, businesses and citizens would be critical to saf…