March 20, 2025 6:07 PM March 20, 2025 6:07 PM

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Oil prices rise after strong demand in US

Oil prices rose today supported by a strong outlook for demand in the United States after fuel inventories fell more than expected. Brent Crude was trading 0.4 per cent up at 71 dollars and six cents per barrel. WTI Crude was trading over 0.4 per cent up at 67 dollars and 44 cents per barrel, when r...

March 20, 2025 6:04 PM March 20, 2025 6:04 PM

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Asian markets display mixed response, European markets in negative territory

Major Asian stocks displayed mixed trends today. Hong Kong's Hang Seng ended over 2.2 per cent down, and China's Shanghai Composite index fell half per cent. Conversely, Singapore's Strait Times index added over half per cent and South Korea's Kospi rose over 0.3 per cent. The market in Japan was cl...

March 20, 2025 5:54 PM March 20, 2025 5:54 PM

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LS: More than 1100 infrastructure projects approved to benefit over 5 lakh farmers

The Government has approved over 1100 infrastructure projects under its various schemes related to the food processing sector to provide benefits to over 5 lakh farmers. These schemes include Pradhan Mantri Kisan SAMPADA Yojana, the  Production Linked Incentive Scheme for the Food Processing Industr...

March 20, 2025 5:50 PM March 20, 2025 5:50 PM

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DAC clears procurement worth Rs 54,000 cr to enhance defence system

The government has given the nod for the procurement of 1350 HP engines for T-90 tanks, Varunastra Torpedoes and Airborne Early Warning and Control Aircraft systems. The approval was given during the Defence Acquisition Council meeting chaired by Defence Minister Rajnath Singh today. This procuremen...

March 20, 2025 5:42 PM March 20, 2025 5:42 PM

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Maharashtra govt to honour Veteran sculptor Ram Sutar

Veteran sculptor Ram Sutar the maker of the Statue of Unity, will be honoured by Maharashtra Bhushan, the state's highest civilian award. Chief Minister Devendra Fadnavis made the announcement in the state Assembly today. Mr. Ram Sutar is a Padma Bhushan awardee and designed the Statue of Unity whic...

March 20, 2025 5:12 PM March 20, 2025 5:12 PM

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Parliament adjourns following uproar over delimitation issue

    Both the Houses of Parliament have been adjourned for the day following DMK and some other opposition MPs protest over the proposed delimitation of Lok Sabha and assembly constituencies. In the Lok Sabha, when the House met after the second adjournment at 2 PM, it was adjourned for the day as DM...

March 20, 2025 5:06 PM March 20, 2025 5:06 PM

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Rupee rises by 6 paise to close at 86.37

In the Forex market, the rupee today appreciated by six paise to close at 86 rupees and 37 paise against the US dollar supported by a positive trend in domestic equity markets. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at...

March 20, 2025 4:02 PM March 20, 2025 4:02 PM

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11.48 percent increase in EPFO members in January this year

The Employees' Provident Fund Organisation (EPFO) added 17 lakh 89 thousand members in January this year. This represents an increase of 11.48 percent in net members compared to December 2024. The Ministry of Labour and Employment attributed this surge to growing employment opportunities, increased ...

March 20, 2025 4:07 PM March 20, 2025 4:07 PM

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Sensex, Nifty end with gains

 The benchmark domestic equity indices today ended with gains of over one percent, boosted by buying across all sectors and positive global cues after the US Federal Reserve upheld its rate-cut projection for the year. The 30-share index at the Bombay Stock Exchange, Sensex, climbed 899 points to cl...