Cabinet okays Rs 37,500 crore coal gasification scheme to boost syngas production

Cabinet okays Rs 37,500 crore coal gasification scheme to boost syngas production

The Union Cabinet has approved a Rs 37,500 crore scheme to promote coal and lignite gasification projects, Union minister Ashwini Vaishnaw on Wednesday said, positioning the initiative as a major step towards cleaner coal utilisation, energy security and import substitution.The scheme aims to accelerate the conversion of coal and lignite into synthesis gas, or syngas,…

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HT Labs’ Slurrp gets global recognition at INMA awards 2026 for Usha campaign

HT Labs’ Slurrp gets global recognition at INMA awards 2026 for Usha campaign

The HT Labs’ food platform, Slurrp.com, received global recognition at the INMA Global Media Awards 2026 for its impactful collaboration with Usha International. Slurrp.com has built and nurtured a thriving community of more than one million home chefs over the years. Slurrp.com was awarded an honourable mention at the global level in the “Best Client…

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‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident

‘Situation isn’t as dire’: Is India’s forex reserves cover enough to defend rupee? Why economists are confident

Since the outbreak of the Iran conflict, India’s forex reserves have declined by nearly $38 billion, marking the steepest drop among regional economies. India has among the world’s largest foreign exchange reserves, and they are still robust enough to defend the rupee from its free fall during the ongoing depreciation phase due to the Middle…

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Foreign outflow worries ‘overstated’: S&P confident about India amid Middle East crisis; says economy ‘fundamentally strong’

Foreign outflow worries ‘overstated’: S&P confident about India amid Middle East crisis; says economy ‘fundamentally strong’

According to S&P Global, fears regarding net foreign investment outflows have been “somewhat overstated”. (AI image) India is handling global financial headwinds more effectively than the headline figures indicate, and concerns surrounding foreign capital outflows may be exaggerated, according to S&P Global Ratings.The observations come at a time when the Iran conflict has triggered an…

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India Retail Inflation: West Asia war not hurting India inflation yet, says SBI; flags fuel and crop risks ahead

India Retail Inflation: West Asia war not hurting India inflation yet, says SBI; flags fuel and crop risks ahead

The ongoing conflict in West Asia has not yet had a major impact on India’s retail inflation, though future price trends will depend on fuel costs, crop coverage and global supply conditions, according to a report by State Bank of India.The report said the trajectory of inflation in the coming months would largely be shaped…

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Gold price prediction today after duty hike: Will gold, silver price rally on May 13, 2026 sustain in coming days?

Gold price prediction today after duty hike: Will gold, silver price rally on May 13, 2026 sustain in coming days?

By raising duties, the government aims to curb excessive bullion imports, reduce dollar outflows and manage pressure on the current account deficit. (AI image) Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align…

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Gold rate today: Prices surge after Centre raises customs duty on precious metals; check latest prices in your city

Gold rate today: Prices surge after Centre raises customs duty on precious metals; check latest prices in your city

Today Gold Rate: Gold prices surged sharply on Wednesday after the central government increased customs duties on precious metal imports, just days after Prime Minister Narendra Modi urged people to not buy gold. The price of 24-carat gold rose by ₹9,338 to ₹16,285.8 per gram, while 22-carat gold climbed ₹8,553.61 to ₹14,917.793 per gram. Despite…

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Stock Market Live Updates: BSE Sensex goes back to red zone; Nifty50 below 23,400 on mixed global cues

Stock Market Live Updates: BSE Sensex goes back to red zone; Nifty50 below 23,400 on mixed global cues

Asian markets showed a mixed trend in early trading on Wednesday as cooling optimism around artificial intelligence and technology shares slowed the momentum behind Wall Street’s recent record-breaking rally. Japan’s Nikkei 225 was marginally higher, rising less than 0.1% to 62,774.94. South Korea’s Kospi advanced 0.9% to 7,708.05, recovering part of the sharp losses seen…

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