Business
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Modi’s first China visit in 7 yrs: Talks with Xi focus on trade, stability
Tianjin: Prime Minister Narendra Modi and Chinese President Xi Jinping on Sunday held bilateral talks against the backdrop of Washington’s tariff tussle that has impacted almost all leading economies across the world.…
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India becomes Ukraine’s top diesel supplier amid US tariffs over Russian crude
New Delhi: India has become Ukraine’s largest diesel supplier, despite facing a 50 per cent tariff from the US, according to a report on Saturday. The report comes as the US alleges…
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Rupee hits record low of Rs 88.09 as US tariffs, fund outflows weigh
Mumbai: The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar on Friday, registering a sharp decline of 51 paise amid…
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India growth forecast held at 6.3–6.8 pc despite steep US tariff risks
New Delhi: Chief Economic Advisor V Anantha Nageswaran on Friday exuded confidence that the Indian economy will grow at 6.3-6.8 per cent in the current fiscal as proposed GST rate cut is…
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Adani Power gets LoA for 2400 MW greenfield thermal power plant in Bihar
Ahmedabad: Adani Power Ltd on Friday said it has received a letter of award (LoA) for a 25-year, long-term procurement of electricity from Bihar State Power Generation Company Ltd (BSPGCL). The Adani…
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Sensex, Nifty open marginally higher
Mumbai: The Indian benchmark indices opened marginally higher on Friday, as the markets strive to overcome the impact of steep tariffs imposed by the US. The Nifty 50 rose by 36 points,…
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UIDAI urges schools to ensure timely Aadhaar biometric updates for children
New Delhi: The Unique Identification Authority of India (UIDAI) on Wednesday urged schools across the country to actively support the timely completion of Mandatory Biometric Updates (MBU) in Aadhaar for children, especially…
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US tariffs on Indian goods doubled to 50 pc over Russian oil imports
New York/Washington: The additional 25 percent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, August 27, bringing the total amount…
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Sephora drops Huda Beauty from upcoming fall campaign over ‘anti-semitism’ video: Reports
Global beauty retail chain Sephora has reportedly removed Huda Beauty, the renowned cosmetic brand founded by Iraqi-American entrepreneur Huda Kattan, from its upcoming fall campaign, after she posted a video claiming Israel…
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Stock market tumbles after US moves to levy steep 50 pc tariffs
Mumbai: The Indian benchmark indices began the trading in red on Tuesday, after a draft notice published by the Department of Homeland Security (DHS) revealed that US President Donald Trump plans to…
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India sees record high domestic investor inflows in last 1 year
Mumbai: The total inflows from domestic institutional investors (DIIs) in the secondary market stood at a record $80 billion over the past 12 months, double the $40 billion in foreign portfolio investor…
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US tariffs unlikely to significantly impact India’s growth: Analysts
New Delhi: As the August 27 deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts and global reports say that a total of 50…
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Sensex, Nifty open with gains as potential rate cut in US boosts sentiment
Mumbai: The Indian benchmark indices opened the week with gains on Monday, as IT stocks led the rally after a potential rate cut in the US boosted investors’ sentiment. The BSE Sensex…
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Nikki Haley urges India to take Trump’s view on Russian oil seriously
New York: India should take President Donald Trump’s concerns over its procurement of Russian crude oil seriously and work with the White House to find a solution to the issue, Republican leader…
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SEBI clears LIC’s reclassification as public shareholder in IDBI Bank
Mumbai: In an important step towards the privatisation of IDBI Bank, the Securities and Exchange Board of India (SEBI) has approved the reclassification of the Life Insurance Corporation of India (LIC) as…
