Container prices have shot up by up to 300 per cent in the past one month owing to geopolitical tensions between Israel and Iran following the former’s attack on Hamas, causing shortages and pushing consumer durables companies to increase prices. Companies have planned increases but some are yet to decide on the extent of the increase.
Posts tagged Rediff
‘Without incentives people will not purchase EVs’ (08-06-2024)
‘Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. ‘
India eyes multiple mineral pacts with African nations (08-06-2024)
India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Côte d’Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.
Moody’s Concerns Over Coalition Challenges (08-06-2024)
Moody’s Analytics said that the reduced political stability and the need for consensus building that is inherent with a coalition government, might erode investor confidence in the near term.
Air India’s rise could impact 3 Gulf hubs: Saudia (07-06-2024)
Air India (AI)’s rise could be at the expense of three “super-connector” hubs – Doha in Qatar, and Dubai and Abu Dhabi in the UAE – as the Indian passenger would any day prefer direct flights of their national airline that is providing excellent on-time service, Arved von zur Muehlen, chief commercial officer of Saudia Airlines, said on Thursday.
Mts hit all-time closing high; Sensex jumps 1,721 pts (07-06-2024)
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.
Forex reserves jump to a new high of $651.5 bn (07-06-2024)
India’s foreign exchange reserves have jumped to an all-time high of $651.5 billion as of May 31, Reserve Bank Governor Shaktikanta Das said on Friday. This means the overall kitty has increased by $4.83 billion since the last reported number of $646.673 billion on May 24 this year.
Forex reserves jump to a new high of $651.5 bn (07-06-2024)
India’s foreign exchange reserves have jumped to an all-time high of $651.5 billion as of May 31, Reserve Bank Governor Shaktikanta Das said on Friday. This means the overall kitty has increased by $4.83 billion since the last reported number of $646.673 billion on May 24 this year.
Das on why India brought back 100 mt gold from UK (07-06-2024)
The Reserve Bank of India has brought 100 metric tonnes of gold reserve from the UK to India as there is enough domestic storage capacity, and nothing more should be read into it, Governor Shaktikanta Das said on Friday. The RBI moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24.
Das on why India brought back 100 mt gold from UK (07-06-2024)
The Reserve Bank of India has brought 100 metric tonnes of gold reserve from the UK to India as there is enough domestic storage capacity, and nothing more should be read into it, Governor Shaktikanta Das said on Friday. The RBI moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24.