Business
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IMF director says US tariffs represent significant risk to the global outlook
Washington: International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the announcement of US tariffs “clearly represent a significant risk to the global outlook” at a time of sluggish global growth. “It…
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Experts welcome US reciprocal tariff exemption on pharma
New Delhi: Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump’s reciprocal tariffs while also stressing the need to strengthen domestic manufacturing. The experts cited the importance of…
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SBI, Citi unveil $295 million social loan to empower local smallholder farmers in India
Mumbai: State Bank of India (SBI) and Citi on Thursday announced a social loan facility of $295 million to support smallholder farmers in India. The financing is specifically directed towards smallholder farmers…
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Sensex, Nifty open lower as Trump tariffs trigger global sell-off
Mumbai: Indian equity indices opened lower on Thursday following a sharp sell-off in global markets after the US President Donald Trump announcement of reciprocal tariffs. At around 9:20 am, Sensex was down…
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Trump to announce sweeping tariffs, sparks economic and global trade concerns
Washington: After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike. The new…
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Telangana govt extends 25 pc rebate on LRS registration charges till Apr 30
Hyderabad: Those registering their unapproved layouts under the land regularisation scheme (LRS) 2020 module can avail of 25 percent regularisation charges till April 30. The state government had earlier set March 31…
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Achieved sales of over 13 lakh electric vehicles in FY25: Centre
New Delhi: The Ministry of Heavy Industries has achieved sales of more than 13 lakh electric vehicles (EVs) in the just-concluded financial year 2024-25, marking a significant stride towards cleaner, greener and…
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Sensex, Nifty open higher amid mixed global cues
Mumbai: Indian equity indices opened in the green on Wednesday as heavyweights like Infosys, ICICI Bank, Tech Mahindra and Maruti Suzuki continued to lift the market sentiment amid mixed global cues. At…
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With TikTok ban looming, Trump signals deal will come before April 5 deadline
Los Angeles: As the deadline to strike a deal over TikTok approaches this week, President Donald Trump has signalled that he is confident his administration can broker an agreement with ByteDance, the…
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India working on different scenarios to assess possible fallout of US tariffs: Sources
New Delhi: The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading…
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Zomato fires 600 customer support employees: Report
New Delhi: Zomato, the popular online food delivery platform, has reportedly laid off up to 600 customer support employees, just a year after hiring them. The reported layoffs came as the company…
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Indian stock market recovers from early losses as FY26 begins
Mumbai: Indian equity indices opened lower on Tuesday and recovered in the early trade, as heavyweights like Bharti Airtel and ITC turned green. At 9:44 am, Sensex was down just 3 points…
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India, US decide to hold sector-specific talks for proposed trade pact in coming weeks
New Delhi: India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday.…
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MERC-approved tariff reductions to benefit 34L Adani Electricity consumers
Mumbai: More than 34 lakh consumers of Adani Electricity are set to be benefitted by the Maharashtra Electricity Regulatory Commission (MERC)-approved tariff reductions, applicable from April 1, 2025. With the MERC order,…
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Rupee falls 5 paise to settle at 85.74 against US dollar
Mumbai: The rupee weakened by 5 paise to close at 85.74 against the US dollar on Thursday, as month-end dollar demand from importers, coupled with the greenback’s recovery against major currencies, weighed…
