Business
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IMF likely to review Pak funding in 2025 second half amid 11 new conditions
New Delhi: The International Monetary Fund (IMF) is expected to conduct the next funding review for Pakistan in the second half of 2025. According to an official IMF statement, it would maintain…
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RBI announces record Rs 2.69 lakh cr dividend bonanza for Modi govt
Mumbai: The Reserve Bank of India (RBI) on Friday approved its highest-ever dividend of a staggering Rs 2.69 lakh crore to the PM Narendra Modi-led Central government for the financial year 2024-25.…
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Adani Group to invest additional Rs 50,000 crore in northeast over next 10 years
New Delhi: The Adani Group will invest an additional Rs 50,000 crore across the northeastern region over the next 10 years, which would prioritise local jobs and entrepreneurship, its Chairman, Gautam Adani,…
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Indian stock market opens higher, Nifty above 24,700
Mumbai: The Indian benchmark indices opened higher on Friday amid mixed global cues, as buying was seen in the FMCG, IT and auto sectors in the early trade. At around 9.29 am,…
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Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years
New Delhi: Global rating agency Fitch Ratings on Thursday raised India’s GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years, on the back of a…
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Indian stock market opens higher amid mixed global cues
Mumbai: The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank and financial service sectors in the early trade. At…
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Sensex, Nifty open a tad lower amid mixed global cues
Mumbai: The domestic benchmark indices opened lower on Tuesday amid mixed global cues, as selling was seen in the auto, PSU bank and financial service sectors in the early trade. At around…
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UK, EU hail new chapter as they ink fresh deals, 5 years after Brexit
London: Britain and the European Union hailed a new chapter in their relationship Monday after sealing fresh agreements on defence cooperation and easing trade flows at their first formal summit since Brexit.…
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Rupee climbs 15 paise to settle at 85.42 against US dollar
Mumbai: The rupee appreciated 15 paise to settle at 85.42 against the US dollar on Monday, on weak US dollar index and a decline in crude oil prices. Forex traders said global…
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Indian rupee opens stronger, gold prices show upward trend
New Delhi: The Indian rupee opened 12 paise stronger at 85.44 against the US dollar on Monday, amid a backdrop of global economic developments and market reactions. The Indian rupee closed at…
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Hyderabad: HYDRAA conducts demolition drive in Hydernagar, Miyapur, Puppalguda
Hyderabad: The Hyderabad Disaster Response and Assets protection Agency (HYDRAA) on Monday, May 19 conducted a demolition drive in Miyapur, Hydernagar and Puppalguda areas. Illegal encroachments on government land were demolished in…
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Indian stock market opens flat amid mixed global cues
Mumbai: The domestic benchmark indices opened flat on Monday amid mixed global cues, as selling was seen in the IT sector in the early trade. At around 9.32 am, Sensex was trading…
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iPhone shipments likely to begin in June from Foxconn’s Bengaluru unit
New Delhi: Taiwanese electronics manufacturing major Foxconn’s facility in Bengaluru is nearly ready for launch, with commercial iPhone shipments expected to begin as early as June, Karnataka Minister for Commerce and Industries,…
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India imposes port curbs on import of certain Bangladeshi goods
New Delhi: India on Saturday imposed port restrictions on the import of certain goods, such as readymade garments and processed food items, from Bangladesh. The Directorate General of Foreign Trade (DGFT), under…
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RBI imposes over Rs 1.66 lakh penalty on Union Bank of India
Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of more than Rs 1.66 lakh on Union Bank of India over discrepancies observed in soiled note remittance, the bank said…
