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China wins WTO dispute with Australia over steel products
Beijing took its complaint to the WTO in June 2021 over Australia’s extra duties on railway wheels, wind towers and stainless steel sinks imported from China.
Housing sales hit fresh decadal high, grew 14% in the first quarter to 1.30 lakh units
Mumbai Metropolitan Region (MMR) and Pune accounted for over 51% of the total sales in the top 7 cities, with MMR recording a 24% yearly jump and Pune witnessing an over 15% yearly rise.
Sensex tanks 469 points in early trade on foreign fund outflows, weak US markets
From the Sensex basket, PowerGrid, Maruti, Bharti Airtel, Asian Paints, UltraTech Cement and Titan were the major laggards.
‘High attrition rate is still a major concern in banking sector’: Ujjivan SFB CEO
In November last year, RBI Governor Shaktikanta Das expressed concern over high attrition rates in certain private-sector banks.
India’s CAD dips to USD 10.5 billion in October-December: RBI
Net FDI inflow at USD 8.5 billion during April-December 2023 was lower than USD 21.6 billion during April-December 2022, it said.
UK farmers in tractors head to Parliament to protest rules they say threaten livelihoods
A line of tractors flying Union Jack flags or signs reading “Stop substandard imports” snaked along the River Thames and towards the Houses of Parliament before circling Parliament Square to cheers and honking horns.
London still awaits Olympic’s promised ‘affordable’ housing
The 2012 Summer Games -- widely seen as a roaring success -- were held primarily at the Queen Elizabeth Olympic Park in Newham, one of the city's poorest boroughs.
Bharti Hexacom public issue to open on April 3; to offload 15% of company’s share
The company is issuing the IPO to enable existing shareholder TCIL to sell some of its shares.
The world of coffee is being reordered by EU laws to stop cutting of forests
By 2000, Vietnam had become the second-largest producer of coffee, which provides a tenth of its export income.
JSW acquires 45 MW green energy capacity from RIL
JSW Energy aims to reach 20 GW of generation capacity and 40 GWh of energy storage capacity by 2030.
Five of top 10 firms take Rs 1.97 lakh crore hit in market valuation
IT stocks fell on Friday after tech giant Accenture lowered its revenue forecast for the sector for the 2023-24 fiscal.
India reaches 1 bn tonne coal, lignite output target
As per coal ministry data, the government is making strides to reduce coal imports.
Govt extends ban on onion exports till further orders
In the 2023 rabi season, onion production was estimated to be at 22.7 million tonnes.
IMF chief says countries ‘must’ strengthen central bank independence
In recent decades, many countries around the world have increased the autonomy of central banks, tasking them with fighting inflation and restoring stable prices.
Uber pays $178 million to end legal fight with Australian taxi drivers
Maurice Blackburn principal lawyer Michael Donelly said that drivers and car owners suffered financial losses due to Uber’s aggressive entry into the market in 2012 and that the company consistently attempted to avoid compensating them.
Jefferies bullish on hotel sector, room rates up 30% vs pre-COVID levels
The segment has seen strong valuation growth due to impressive operating performance, earnings surprises, valuation re-rating driven by the domestic travel boom
India’s private investment puzzle
According to the government data, private investment at both the current and constant prices was 27% of the gross domestic product (GDP).
US Fed to provide fresh clues on rate cuts after uptick in inflation
After making significant progress against rising prices last year, 2024 has been more challenging, with the US seeing a small uptick in the pace of monthly inflation.
Electoral Bond donor No. 2 Megha Engineering borrowed Rs 11250 crore in five months in 2023.
Prior to that, Meil's debt barely exceeded Rs 1,000 crore in any given year over the past 18 years with just one exception.
Markets trade lower on weak global market trends, foreign fund outflows
The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning.