Seoul, March 8 (IANS) Gasoline and diesel prices rose moderately on Sunday as the government considers adopting a price cap system amid concerns over rising energy prices following the escalating conflict in the Middle East.According to data from the Korea National Oil Corp., the nationwide average price of gasoline came to 1,893.3 won (US$1.27) per liter, up 3.9 won from the previous day, while diesel rose 4.8 won to 1,915.4 won per litre, reports Yonhap news agency.In Seoul, fuel prices also i…
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Seoul, March 3 (IANS) South Korean stocks plummeted nearly 5 per cent late Tuesday morning amid escalating concerns over possible economic impacts from the ongoing Middle East conflict.South Korea’s main bourse operator, the Korea Exchange (KRX), issued a sell-side circuit breaker, temporarily halting trading after a sharp drop sparked by market concerns over U.S. airstrikes on Iran.Selling of the KOSPI 200 Futures index was suspended for five minutes at 12:05 p.m., according to KRX.The index fe…
Mumbai, Feb 13 (IANS) Actor Harshvardhan Rane revealed the first thing he did after landing in Dallas, U.S.The ‘Sanam Teri Kasam’ actor shared that he visited an old army store and bought a pair of boots for himself.Harshvardhan further revealed that he plans to use these newly bought footwear for his upcoming action entertainer, “Force 3”.Posting a few sneak peeks from his Dallas visit on IG, he penned the caption, “The 1st thing i did as i landed in #Dallas, i went to an old army store and bou…
New Delhi, Feb 2 (IANS) Robust consumer spending and public investments will maintain India’s real GDP growth at 6.7 per cent in fiscal 2027 and 7 per cent in fiscal 2028, S&P Global Ratings said on Monday, adding that the Union Budget reinforces its expectation of gradual fiscal consolidation.The global ratings anticipates that these growth rates continue to place India above sovereign peers at similar income levels and should continue to support fiscal revenue increase.The central governme…
Seoul, Jan 25 (IANS) More than half of economic experts expect South Korea’s economic growth to remain in the 1 per cent range for the time being, a local survey showed on Sunday.In a survey conducted by Southernpost Inc. at the request of the Korea Enterprises Federation (KEF), 54 percent of 100 economics professors polled said South Korea is likely to post growth in the 1 per cent range this year, reports Yonhap news agency.Another 36 per cent projected Asia’s fourth-largest economy to achieve…
Thiruvananthapuram, Dec 24 (IANS) Kerala Chief Minister Pinarayi Vijayan has accused the central government of deliberately restricting the state’s financial autonomy and undermining its development initiatives.Vijayan was speaking to reporters here on Wednesday. He pointed out that Kerala’s efforts for capital expenditure have faced sustained obstruction over the past five years, with the most significant measure being the retrospective reduction of the state’s borrowing limit from 2021-22 …
Seoul, Dec 23 (IANS) Foreign investors are snapping up tech and auto shares in the local stock market, possibly becoming net buyers a month after turning to net selling, data showed on Tuesday.Foreign investors purchased a net 1.9 trillion won (US$1.3 billion) in the larger Korea Stock Price Index (KOSPI) market from Dec. 1 through Monday, according to the data from the Korea Exchange, the country’s main bourse operator, reports Yonhap news agency.It marks a sharp turnaround from November, when …