JAKARTA: A volcano in Indonesia‘s eastern island of Halmahera erupted on Saturday spewing a five-km (3-mile) high ash cloud, the country’s volcanology agency (PVMBG) said, while its disaster agency warned of potential flash floods and cold lava flow. The eruption of Mount Ibu at 11:03 a.m. (0203 GMT) follows a series of eruptions in May, … Read more
NEW DELHI: Goods and services tax collections went up 10% to Rs 1,72,739 crore in May as the growth in collection from domestic sources made up for the shortfall in the imports kitty.Based on collections in May for transactions in April, latest data released by the finance ministry on Saturday estimated collections from domestic sources … Read more
New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more
Uncertainty around the ongoing elections in India could hurt automakers’ sales in May despite rising consumer interest for new model launches, a dealers’ body said on Wednesday. The world’s most populous nation began voting on April 19 in a massive general election where Prime Minister Narendra Modi is seeking a rare third straight term. “Election … Read more
NEW DELHI: India’s retail inflation gauged by the Consumer Price Index (CPI) is expected to remain slightly above 5 per cent till May before declining towards 3 per cent in July, according to SBI Research. The retail inflation print is expected to stay below 5 per cent beginning November till the end of the financial … Read more
Vande Bharat Express Expansion: Indian Railways is planning to introduce a second Vande Bharat Express train for Uttarakhand, following a meeting between Chief Minister Pushkar Singh Dhami and Railway Minister Ashwini Vaishnaw in Delhi. The new train will provide a comfortable and modern travel experience for tourists visiting the state. It will be equipped with … Read more