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BUSINESS

India's monsoon improves, eases risks for Kharif crop: Report
BUSINESS

India's monsoon improves, eases risks for Kharif crop: Report

New Delhi, Aug 24 — India's monsoon situation has improved significantly in recent months and eased concerns over widespread disruption to Kharif crop, although rainfall distribution remains a major factor to watch, according to a report.A report by global brokerage Macquarie said that the…

Sensex, Nifty open higher as crude oil prices slip up to 2 pc
BUSINESS

Sensex, Nifty open higher as crude oil prices slip up to 2 pc

Mumbai, Aug 24 — Domestic equity markets opened higher on Monday after two straight weekly losses amid decline in crude oil prices, though investors awaited clarity on potential US sanctions on Iran later in the session amid elevated geopolitical tensions.Nifty opened at 24,285.05, up 33.05 points…

Seoul stocks extend losses on chip profit-taking
BUSINESS

Seoul stocks extend losses on chip profit-taking

Seoul, Aug 24 — Seoul stocks extended losses on Monday morning as investors locked in profits from large-cap tech shares, including semiconductors.The benchmark Korea Composite Stock Price Index (KOSPI) shed 153.42 points, or 2.22 percent, to 6,759.53, as of 11:18 am (local time), reports Yonhap…

US drug prices see fastest fall in 63 years: Medicare chief
WORLD

US drug prices see fastest fall in 63 years: Medicare chief

Washington, Aug 23 — US prescription drug prices are falling at their fastest rate in 63 years and are likely to decline further, the Trump administration's Medicare Chief said on Sunday.Mehmet Oz, Administrator of the Centres for Medicare and Medicaid Services, said the fall was accelerating as…

India-Mauritius discuss strengthening energy partnership
NATIONAL

India-Mauritius discuss strengthening energy partnership

Port Louis, Aug 23 — Petroleum and Natural Gas Minister Hardeep Singh Puri called on Mauritius Prime Minister Navinchandra Ramgoolam and discussed possibilities for furthering cooperation in the energy sector, the Indian High Commission said on Sunday."Hon'ble Minister called on Dr. the Hon.…

Bangladesh factories shutting down as gas crisis worsens
WORLD

Bangladesh factories shutting down as gas crisis worsens

New Delhi, Aug 23 — The impact of the gas crisis in Bangladesh, which began on July 21, is spreading across the country’s industrial belts, with factories cutting production, shutting units and sending workers on leave, according to a Bangladeshi media report.The latest deterioration follows the…