Business

New Delhi: In a significant step towards recovering assets linked to the multi-crore Punjab National Bank (PNB) fraud, the Enforcement Directorate (ED) has handed over four residential flats in Mumbai, attached in the case involving fugitive businessman Mehul Choksi, to the liquidator for monetisation, the...

Johannesburg: A new trilateral technology and innovation partnership was announced by Prime Minister Narendra Modi Saturday after a meeting with his Australian and Canadian counterparts on the sidelines of the G20 Leaders' Summit in Johannesburg. “We are delighted to announce an Australia-Canada-India Technology and Innovation...

New Delhi: International Labour Organization Director-General Gilbert F Houngbo has said social dialogue among government employers and workers will remain essential as the labour codes are implemented to ensure they are positive for workers and business. In a post on X, he said: "Following with...

New Delhi: A US bankruptcy court has ordered Byju’s founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju’s Alpha, the company’s US-based financing arm. The default judgment, issued by Judge Brendan Shannon of...

New Delhi: Chinese nationals will now be able to apply for tourist visas for India through Indian missions and consulates around the world as the two countries step up efforts to rebuild ties following the resolution of the eastern Ladakh military stand-off. In July, India...

Mumbai: The rupee plunged 98 paise to close at its lifetime low of 89.66 against the US dollar Friday, due to a huge demand for the greenback in the domestic forex market amid widespread selling pressure in local and global equities and trade-related uncertainties. Concerns...

Bhubaneswar: Odisha government Friday approved a policy aimed to position the state as a hub for Global Capability Centres (GCCs) by offering a comprehensive set of incentives, an official said. A GCC is an entity established by a multinational company to centralise and perform key...

New Delhi: In a historic decision, the government Friday announced the implementation of the four Labour Codes, which rationalised 29 existing labour laws, with immediate effect. The four labour codes are: the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social...

Mumbai: Snapping the two-day rally, benchmark indices Sensex and Nifty closed lower Friday mainly due to weak global trends and fading hopes of a rate cut by the US Federal Reserve in December. The 30-share BSE Sensex declined 400.76 points or 0.47 per cent to...

New Delhi: Reliance Industries Ltd has said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns...