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Govt approves incentive for coal gasification projects with outlay of Rs 37,500 crore

India, May 14 -- The Union Cabinet on Wednesday approved a Rs 37,500-crore incentive scheme to promote coal gasification projects, aimed at boosting clean energy production and reducing dependence on ... Read More


Govt hikes paddy MSP by Rs 72 to Rs 2,441/qtl; sunflower seed sees steepest rise at Rs 622

India, May 14 -- The Government on Wednesday announced a hike in the Minimum Support Price (MSP) for paddy by Rs 72 to Rs 2,441 per quintal for the 2026-27 kharif marketing season, while steeper incre... Read More


Stock markets snap four days of losses; end marginally higher

India, May 14 -- Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday, snapping their four-day losing streak, as elevated crude oil prices and persistent geopolitical uncerta... Read More


Gold soars by Rs 8,550, silver by Rs 20,500 after import duty hike

India, May 14 -- Gold prices soared by Rs 8,550 to a little over Rs 1.65 lakh per 10 grams in the local market here on Wednesday after the Government increased the import duty on precious metals to 15... Read More


Rupee crashes to record 95.80 against USD

India, May 14 -- The rupee on Wednesday slipped to an all-time low of 95.80 against the US dollar, and settled at 95.67 near its record closing low level, as the cumulative strain of elevated crude pr... Read More


Gold, silver imports from Dubai may rise after duty hike: GTRI

India, May 14 -- The significant increase in the import duty on gold and silver from 6 per cent to 15 per cent may lead to an increase in imports from Dubai through the free trade agreement route, thi... Read More


DRI, Customs officers to intensify vigil on gold smuggling post import duty hike

India, May 14 -- The revenue intelligence and customs officers are likely to intensify surveillance and step up vigil on international borders to check possible gold smuggling after the sharp hike in ... Read More


India, Chile review progress of trade pact talks

India, May 14 -- India and Chile, a South American nation, on Wednesday reviewed the progress of negotiations for the proposed free trade agreement and discussed modalities for its early conclusion, a... Read More


Withdrawal of funds to be automated: EPFO

India, May 14 -- Retirement fund body EPFO will soon automate the process for settling final provident fund withdrawal claims, fast-tracking the money transfer to the applicant's bank accounts, a top ... Read More


Not mandatory to go to temple to prove belief: SC

India, May 14 -- Observing that Hinduism is a way of life, the Supreme Court on Wednesday said it is not necessary for a Hindu to mandatorily go to a temple or perform a ritual in order to remain a Hi... Read More