Moderating US inflation, normal monsoon forecast buoy Indian stocks; IT index top mover – World News Network
Indian stock indices are off to a strong start at the opening bell Thursday, tracking firm overnight cues from US markets which rose after a softer-than-expected US consumer inflation in April.
India again slashes windfall tax on petroleum crude – World News Network
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
Adani Energy Solutions fully acquires Essar’s Mahan-Sipat transmission assets – World News Network
Adani Energy Solutions Ltd (AESL), which is into power transmission and distribution, has acquired 100 per cent stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an enterprise value of Rs 1,900 crores.
The Global Nonwoven Industry’s All-star Lineup Gathers at ANEX 2024 – World News Network
Taipei [Taiwan], May 16: The "Asian Nonwovens Exhibition and Conference (ANEX 2024)," jointly organized by the Asia Nonwoven Fabrics Association (ANFA) and the Taiwan Nonwoven Fabrics Industry Association (TNFIA), will make its debut at Taipei Nangang Exhibition Center from May 22nd to 24th. The exhibition has attracted more than 300…
Brookfield India to acquire 50% stake in four Bharti Enterprises assets – World News Network
Brookfield India Real Estate Trust (BIRET) has signed binding agreements to acquire a 50 per cent stake in four premium Grade A assets from Bharti Enterprises (Bharti), it informed stock exchanges on Thursday early hours.
We do not believe what is happening in Gaza is genocide but…: US – World News Network
"We believe Israel can and must do more to ensure the protection and well-being of innocent civilians. We do not believe what is happening in Gaza is a genocide. We have been firmly on record rejecting that proposition," Sullivan told reporters at the White House.