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Cruise tourism is one of the most vibrant and fast-growing components of the leisure industry, said Union Minister Sarbananda Sonowal. He spoke at the 1st Incredible India International Cruise Conference 2022 organised by the Mumbai Port Authority under the aegis of Ministry of Ports, Shipping and Waterways, Government of India, along with the Federation of Indian Chambers of Commerce and Industry (FICCI). Speaking to the […]

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Chinas bank lending declined in April as Covid lockdowns disrupted economic activity, as per the data by the Peoples Bank of China. Banks extended CNY 645.4 billion in new yuan loans in April compared to the expected level of CNY 1.51 trillion and Marchs lending of CNY 3.13 trillion. Aggregate financing totaled CNY 910.2 billion versus CNY 4.65 trillion in March. Powered by Commodity Insights

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The number of total active drilling rigs in the United States rose by 9 last week, according to new data from Baker Hughes published on Friday. The total rig count increased to 714 this week?261 rigs higher than the rig count this time in 2021 and the highest count since April 2020. Drilling has picked up substantially since the Russia invasion of Ukraine. Oil rigs […]

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REC added 1.49% to Rs 115.75 after the company recorded 10.8% rise in consolidated net profit to Rs 2,301.33 crore on a 4.7% increase in total income to Rs 9,653.27 crore in Q4 FY22 over Q4 FY21.

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The key equity barometers pared gains in the early afternoon trade. The Nifty traded a tad below 15,850 mark. Shares of PSU banks, realty and autos were in demand while IT and consumer durables and pharma stocks corrected. At 12:26 IST, the barometer index, S&P BSE Sensex was up 235.01 points or 0.45% to 53,028.63. The Nifty 50 index rose 64.65 points or 0.41% to […]

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