Business

 VoV Web Desk

BackBack Gold price dips for second straight week on higher US Fed rate buzz

BackBack Gold price dips for second straight week on higher US Fed rate buzz

Gold rate today: On account of the higher-than-expected US CPI data, gold price in the international market touched a two-month low of around $1,992 per ounce level. However, the yellow metal witnessed some value buying in the international market, which enabled the precious bullion metal to regain some of its lost ground in the last […]

 VoV Web Desk

Air India cancels Tel Aviv flights till Oct 14

Air India cancels Tel Aviv flights till Oct 14

New Delhi: Air India has cancelled its flights to and from Tel Aviv till October 14, and around 14 airline staff have returned from the Israeli city. Israel came under attack by Hamas militants on Saturday and since then, both sides are engaged in fighting in which scores of people have died. An Air India […]

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Adani Ports and Special Economic Zone to buy back another $195 million of bonds

Adani Ports and Special Economic Zone to buy back another $195 million of bonds

Adani Ports and Special Economic Zone (APSEZ) on Monday said that it will prepay $195 million of bonds as the conglomerate shakes off the allegations made by a US short-seller in January. APSEZ said in a regulatory filing that it will buy back (prepay) the bonds due in July 2024 using its cash reserves. APSEZ […]

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Kashmir Willow Wicker Gaining Popularity After Adopting Modern Designs

Kashmir Willow Wicker Gaining Popularity After Adopting Modern Designs

SRINAGAR, Aug 16: For the first time in decades Kashmir-made willow wicker items are gaining popularity all across the world after adopting new look and modern designs. 58-year-old Bashir Ahmad Dar, who is running “Shaaksaz Willow Wicker Craft Producer Company limited” at Peerpora in central Kashmir’s Ganderbal District started in 2020, claimed that wicker willow […]

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‘50% fin assistance to firms for setting up semiconductor manufacturing facility’

‘50% fin assistance to firms for setting up semiconductor manufacturing facility’

Gandhinagar: Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facility the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries. Speaking after inaugurating Semicon India 2023 conference in Gandhinagar, Modi said India is establishing […]

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J&K registers record breaking GST Revenue Growth in June 2023

J&K registers record breaking GST Revenue Growth in June 2023

SRINAGAR, JULY 01: “The GST revenue collected in the month of June 2023 in J&K has registered substantial growth of 58 percent compared to June of previous financial year”, stated Union Ministry of Finance here today. This growth percentage is more than three times the National Average and the best in Country among medium and […]

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Saudi Arabia to cut oil output in July as Opec extends deal into 2024

Saudi Arabia to cut oil output in July as Opec extends deal into 2024

Saudi Arabia will make deep production cuts in July as part of a broader output-limiting Opec+ deal as the group faces flagging oil prices and a looming supply glut. Saudi Energy Minister Prince Abdulaziz said the cut of one million barrels per day (bpd) by Riyadh could be extended beyond July if needed. “This is […]

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‘Apple unlikely to apply for subsidies under PLI 2.0 scheme’

‘Apple unlikely to apply for subsidies under PLI 2.0 scheme’

New Delhi: Apple will not apply for the production-linked incentive (PLI) scheme 2.0 for laptops and computer hardware, a report by The Hindu Businessline cited sources aware of the development. The Centre launched the scheme recently with a budgetary allocation of Rs 17,000 crore aiming to convince companies like Dell, Samsung and Apple to manufacture […]

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Rs 2,000 note surge continues at petrol pumps in and around Kolkata

Rs 2,000 note surge continues at petrol pumps in and around Kolkata

Fuel pumps, in and around Kolkata, continue to see a surge in the collection of Rs 2,000 notes, said owners and employees. Several pumps have been struggling to arrange for change for customers who are buying a small volume of fuel but giving the high-value notes.   A pump in Chetla, before Kalighat crematorium if […]

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India considering allowing foreign investment in nuclear power industry

India considering allowing foreign investment in nuclear power industry

New Delhi: India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms, two government sources told Reuters, as part of a push for cleaner energy. The measures have been recommended by a government panel, set up by think-tank Niti Aayog which is headed […]

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