A security guard stands in the lobby of the RBI headquarters in Mumbai. Reuters
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi: Amid the rising mercury levels in India’s capital, the peak power demand touched 6,612 megawatt (MW), highest for the season and up by about 3,000 MW from the peak power demand recorded in the city in 2006. The power demand of the city had crossed the 6,000 MW mark last week and has been rising since then.
The Goods and Services Tax (GST) collection for the month of May rose 6.67 per cent to Rs1,00,289 crore from a year ago period staying above Rs1 lakh crore in monthly revenue mop-up.
Businesses and healthcare providers in the UAE looking for an easier way to source and secure personal protective equipment (PPE) can now do so through Dubai Chamber of Commerce and Industry’s newly launched Response Initiative (RRI).
Spot gold was up 0.6% to $1,808.25 per ounce at 0933 GMT. US gold futures were up 0.6% at $1,813.30.
The blue-chip FTSE 100 was up 1.3%, with fewer than 10 stocks in the red in early trading, while the mid-cap FTSE 250 added 1.0%, led by the auto, personal goods and mining sectors.