Business
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US grants 6 months sanctions waiver to India on Chabahar port
New Delhi: The US has granted India a six-month exemption from American sanctions on the Chabahar port in Iran, the External Affairs Ministry (MEA) said on Thursday. The sanctions were to come…
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Modi says right time to invest in Indian shipping sector; meets global CEOs
Mumbai: Prime Minister Narendra Modi on Wednesday exhorted global investors to take bets on the Indian shipping sector, pointing out that this is the “right time” for such a move. The Prime…
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Stock markets rebound in early trade on US Fed rate cut hopes
Mumbai: Stock market benchmark indices Sensex and Nifty bounced back in early trade on Wednesday, tracking a rally in global peers, amid hopes of a rate cut by the US Federal Reserve…
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DGCA flags serious compliance lapses at Akasa Air after safety review
New Delhi: Aviation watchdog DGCA has flagged various regulatory non-compliances at Akasa Air, including repetitive procedural lapses, and has asked the airline to take remedial actions, according to sources. The observations have…
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Musk launches Grokipedia to compete with online encyclopedia Wikipedia
Washington: Elon Musk has launched Grokipedia, a crowdsourced online encyclopedia that the billionaire seeks to position as a rival to Wikipedia. Writing on social media, Musk said that “Grokipedia.com version 0.1 is…
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Rupee falls 10 paise to close at 88.29 against US dollar
Mumbai: The rupee depreciated by 10 paise to close at 88.29 against the US dollar on Tuesday on weak domestic stock markets and foreign fund outflows. Forex traders said a weak US…
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BPCL inks Rs 1 lakh cr MoU with OIL for Ramayapatnam refinery project
Hyderabad: Bharat Petroleum Corporation Limited (BPCL) on Tuesday signed three Memoranda of Understanding (MoUs) with Oil India Limited (OIL), Numaligarh Refinery Limited (NRL), and Fertilisers & Chemicals Travancore Limited (FACT). BPCL and…
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Gold drops Rs 3,034 to Rs 1.18Lakh per 10 grams
Mumbai: The downward trend in gold prices continued on Tuesday, with rates falling close to Rs 1.18 lakh per 10 grams amid weak global cues and renewed optimism over trade talks between…
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RBI returns Jana Small Finance Bank’s universal bank application
Mumbai: Jana Small Finance Bank on Tuesday said the Reserve Bank of India (RBI) has returned its application to become a universal bank due to non-fulfilment of criteria. The Small Finance Bank’s…
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Reliance Industries says will comply with US sanctions on Russian oil
New Delhi: Reliance Industries on Friday said it will comply with the latest US and other Western sanctions relating to Russian oil and will tweak refinery operations to meet them. The oil-to-retail…
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Sensex, Nifty open lower amid US-China trade tension
Mumbai: Indian stock markets opened lower on Friday amid reports that the United States may launch a fresh investigation into China over their 2020 trade deal. Rising oil prices, driven by new…
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Telangana targets Rs 1 lakh crore investment in Life Sciences by 2030: Sridhar Babu
Hyderabad: Telangana has set an ambitious target of attracting Rs 1 lakh crore in new investments in the Life Sciences sector by 2030, aiming to generate employment for five lakh people, state…
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SBI receives ‘World’s Best Consumer Bank 2025’ award from Global Finance
New Delhi: State Bank of India (SBI) has received two prestigious awards from New York-based Global Finance at an event held during the World Bank/IMF annual meetings. The country’s largest lender bagged…
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Sensex jumps over 700 points, Nifty regains 26,000-level in early trade
Mumbai: Equity benchmark indices Sensex and Nifty surged in early trade on Thursday amid growing optimism on the US-India trade deal front. Fresh foreign fund inflows and buying in IT stocks also…
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Asian shares slip on selling of tech stocks after lackluster day on Wall Street
Tokyo: Asian shares were mostly lower Wednesday on selling of technology shares following a lackluster day on Wall Street. US futures edged higher, while crude oil prices rose about $1 a barrel.…
