Traders support Prime Minister's call to favor indigenous products manufacturing

Traders support Prime Minister's call to favor indigenous products manufacturing

New Delhi, May 28 (H.S.): BJP MP and National General Secretary of the Confederation of All India Traders (CAIT), Praveen Khandelwal, has supported and welcomed Prime Minister Narendra Modi’s appeal to avoid foreign products. He stated that this reflects the Prime Minister’s unwavering commitment to ‘Aatmanirbhar Bharat’ (Self-reliant India) — an India where citizens manufacture,…

Industrial output growth falls to 2.7% in April

Industrial output growth falls to 2.7% in April

New Delhi, May 28 (H.S.): In April 2024, the growth rate of industrial production in the country decreased to 2.7 percent, down from 5.2 percent in the same month the previous year, primarily due to weak performance in manufacturing, mining, and electricity sectors, as reported by the Ministry of Statistics and Programme Implementation. The National…

IndiGo appoints Vikram Singh Mehta as Chairman

New Delhi, May 28 (HS): The country’s largest budget airline, IndiGo, announced on Wednesday the appointment of Vikram Singh Mehta as the new chairman, who will take over from Venkataramani Sumantran. Mehta has been a board member of InterGlobe Aviation Limited (IndiGo) since May 2022. IndiGo’s chairman, Sumantran, resigned from his position after completing a…

Stock market decline continues for second day; Sensex and Nifty fall

Stock market decline continues for second day; Sensex and Nifty fall

New Delhi, May 28 (H.S.): The domestic stock market experienced a decline for the second consecutive day, closing lower on Wednesday. Trading began with a mixed opening at flat levels, where initial buying support momentarily lifted both the Sensex and Nifty indices. However, selling pressure soon drove both benchmarks into negative territory. Ultimately, the Sensex…

New Zealand's Deputy Prime Minister Begins Two-Day Visit to Nepal Today

Kathmandu, May 28 (HS): New Zealand’s Deputy Prime Minister and Foreign Minister Winston Peters begins a two-day visit to Nepal today, marking the first official visit at this level from New Zealand. Invited by Nepal’s Foreign Minister Dr. Arzu Rana, Peters is expected to sign agreements to strengthen bilateral relations. Foreign Secretary Amrit Rai noted…

Positive signals from global market, mixed trading in Asia

Positive signals from global market, mixed trading in Asia

New Delhi, May 28 (H.S.): Today’s global market signals appear positive. Following an upbeat session, US markets closed higher with Wall Street indices gaining up to 2.5 percent, although Dow Jones futures are currently flat. The previous session showed the Dow Jones climbing 2.54 percent, while the S&P 500 rose by 2.05 percent to 5,921.54…

Bangladesh's Jamaat leader ATM Azharul Islam released from jail after 14 years

Bangladesh's Jamaat leader ATM Azharul Islam released from jail after 14 years

Dhaka, May 28 (HS): ATM Azharul Islam, a leader of Jamaat-e-Islami in Bangladesh, was released from jail today after 14 years, expressing happiness at regaining his freedom. His imprisonment was tied to crimes against humanity during the 1971 liberation war. Following a lengthy legal battle, the Supreme Court acquitted him of the charges just a…