Business News

Hyderabad: On the first day of World Economic Forum (WEF) in Davos, Telangana IT and Industries Minister KT Rama Rao held a series of meetings with various industry leaders at the Telangana pavilion sources in Davos report. Huge…

New Delhi/Mumbai: India has the space to attract debt flows of another $ 90 billion (around Rs 693,000 crore) given the threshold level of the country’s external debt, says a Reserve Bank of India study. “The empirical results suggest…

Mumbai: The Maharashtra Real Estate Appellate Tribunal has directed Lucina Land Developers Limited to pay a 2 percent interest above the marginal cost lending rate of State Bank of India (SBI) for a 32 month-delay in giving possession to…

New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced a number of measures to tackle inflation in the country. Sitharaman tweeted, “Today, the world is passing through difficult times. Even as the world is recovering from…

New Delhi: Maharatna PSU Power Grid Corporation on Saturday reported 18% year-on-year jump in net consolidated profit to Rs 4,156.44 crore for the quarter ending March 2022 (Q4) as compared to Rs 3,526.23 crore in the corresponding period…

India will be the “critical driver of demand” in the energy sector in the next 10-20 years, Union Petroleum Minister Hardeep Singh Puri said on Saturday, adding that the measures the Indian government has taken during the pandemic, which…

Stock Market Today, Share Market Updates: The topline equity indices recovered their previous session’s losses and ended nearly 3 per cent higher on Friday taking cues from their global peers which rose after China cut a key lending…

Zilingo co-founder and former CEO Ankit Bose on Friday alleged that she has been fired from the company for insubordination, adding that she will speak shortly about the conflict of interest in which the entire process was run. Zilingo,…

The Reserve Bank of India’s (RBI’s) contribution to the government’s finances has fallen steeply with the board of the central bank approving a surplus transfer of Rs 30,307 crore to the government for 2021-22, sharply down by 69.42 per…

The report released by the Economic Advisory Council to the Prime Minister (EAC-PM) on the state of inequality of India caught senior government officials in Niti Bhavan by surprise, a number of whom were unaware that the advisory body had…

For its next economic stage — Economy 2.0 — India needs to be a “responsible economy” with fiscal prudence, power and education sector reforms, and less government litigation to make up for losses during the pandemic year, as well as a…

As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year’s 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery…

Jakarta: Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday. The world’s top palm oil exporter has since April 28 halted…

BEIJING: Elon Musk’s ties to China through his role as electric car brand Tesla’s biggest shareholder could add complexity to his bid to buy Twitter. Other companies that want access to China give in to pressure to follow Beijing’s…

NEW YORK: The US hopes India will "reconsider" its decision to ban wheat exports, with Washington "encouraging" countries not to restrict exports as that will exacerbate food shortages, amidst Russia's invasion of Ukraine. India, the…

NEW DELHI: Wholesale price-based inflation soared to a record high of 15.08 per cent in April mainly on account of spiralling prices of food, fuel and other commodities, which may prompt the Reserve Bank to hike interest rates in upcoming…

NEW DELHI: Three days after the government decided to ban wheat exports, citing the country’s food security, it sought to clarify its stand on Tuesday. It said it is allowing shipments of wheat consignments already registered with the…

New Delhi: While stressing on the multi-faceted and deep-rooted nature of the India-Africa relationship, External Affairs Minister S Jaishankar on Tuesday said that the two sides closed ranks to confront the once-in-a century pandemic,…

NEW DELHI: State-run power giant NTPC is planning to conduct its flagship corporate social responsibility (CSR) initiative -- girl empowerment mission (GEM) -- in about 35 project locations this year. The GEM is for empowering young…

MUMBAI: Stock market investors and traders brace for a tough week ahead with the benchmark Nifty 50 index perched just above a crucial support of 15671.45, the March low following the Russia-Ukraine conflict. The LIC listing on May 17 will…