Business

India steps back from Iran’s Chabahar port over US tariff threat

India has reportedly begun winding down its involvement at Iran’s strategically located Chabahar port, stepping back from operational responsibilities as the threat of renewed US sanctions grows. According to a report by Economic…
USD 10 bn green ammonia project in AP to put India on clean energy map

Amaravati: A USD 10 billion green hydrogen and green ammonia project at the port city of Kakinada in Andhra Pradesh is set to reach a key construction milestone with its first major…

Tech hiring set to rise 12 to 15 pc in 2026, says leading recruitment firm

Mumbai: Overall tech hiring – across permanent, temporary and contractual roles – is set to rise 12-15 per cent in 2026, adding nearly 1,25,000 new jobs as expansion continues across segments, according…
Sensex, Nifty close week with gains over positive cues

Mumbai: The Indian equity markets ended marginally higher on Friday, before surrendering most of their intra-day gains in the afternoon session. At the closing bell, the Sensex added 187 points, or 0.23…
Maruti Suzuki commences Victoris export, badged as ‘Across’

New Delhi: Maruti Suzuki India on Friday, January 16, said it has started shipments of its mid-size sports utility vehicle Victoris to overseas markets. Over 450 vehicles have set sail from Mundra…
Our goal is for India to lead the world in technology: PM Modi

New Delhi: Prime Minister Narendra Modi on Friday, January 16, said India has full faith in the innovation and confidence of its startups, and added that the nation should lead globally in…
Rupee declines 10 paise to 90.44 against US dollar in early trade

Mumbai: The rupee extended its weakening momentum for the third straight session, losing 10 paise to 90.44 against the US dollar in early trade on Friday, January 16, weighed down by relentless…

No major oil price impact yet from Venezuela, Iran tensions: IMF

Washington: The International Monetary Fund (IMF) on Thursday, January 15, said it is closely watching global energy markets amid tensions around Venezuela and Iran, but noted that oil prices have not yet…
IMF to assess economic damage in Sri Lanka after Cyclone Ditwah

Washington: The International Monetary Fund (IMF) said a fact-finding mission will visit Sri Lanka from January 22 to 28 to assess damage from Cyclone Ditwah and discuss the implications for the country’s…
Wikipedia turns 25, signs deals with AI companies

London: Wikipedia unveiled new business deals with a slew of artificial intelligence (AI) companies on Thursday, January 15, as it marked its 25th anniversary. The online crowdsourced encyclopedia revealed that it has…
Composite salary account for central govt staff with banking, insurance benefits

New Delhi: The Department of Financial Services (DFS) on Wednesday, January 14, introduced a composite salary account package for central government employees to offer a comprehensive suite of banking and insurance benefits…
World Bank projects India’s GDP will grow 7.2 pc in FY26 but slow down in FY27

New Delhi: The World Bank has raised India’s gross domestic product (GDP) growth forecast to 7.2 per cent for the current fiscal, up by 0.9 percentage points from its June projections, on…
Coupang told to remove internal data breach findings amid probe

Seoul: South Korea’s data protection watchdog on Wednesday, January 14, urged online retailer Coupang to take down its independent probe results into a massive data leak from its mobile application and website,…
KRAFTON, Royal Enfield team up to bring ridable bike inside game

New Delhi: KRAFTON India and Royal Enfieldtoday announced a landmark partnership that bridges two of India’s most influential cultural domains – mobile gaming and motorcycling. The collaboration debuts Royal Enfield’s iconic Bullet…
Big tech plans major hiring push in India in 2026 amid US layoffs: Report

New Delhi : Around 52 per cent of tech and banking professionals in India and US said their companies plan to increase hiring in India in 2026, a report said on Wednesday,…