Business

New Delhi: A new mechanism designed to make stock closing price mechanism more transparent has itself become the centre of a market-manipulation case, with SEBI alleging that aggressive orders in Sensex constituents were used to influence the index's closing level and generate gains in expiry-day...

Paradip: Union Minister Sarbananda Sonowal Friday inaugurated infrastructure projects worth Rs 427.80 crore at Paradip port in Odisha's Jagatsinghpur district. He launched an 18.5-metre deep-draft capability worth Rs 352 crore, which will enable the port to handle fully laden capesize vessels in its inner harbour,...

New Delhi: Mobile phone companies, including electronics contract manufacturers, having a turnover of Rs 10,000 crore in FY26 will be eligible for benefits under the Mobile Phone Manufacturing Scheme, the government said Friday. According to the guidelines of the Rs 62,500-crore Mobile Phone Manufacturing Scheme...

Mumbai: Market benchmark indices Sensex and Nifty ended flat Friday, a day after registering a rebound, as elevated crude oil prices due to geopolitical uncertainties and a sharp fall in the US markets made investors cautious. A rebound in US Treasury yields and persistently elevated...

New Delhi: India and Brazil have signed a memorandum of understanding to deepen cooperation in telecommunications and information and communications technologies (ICTs) on the sidelines of the BRICS ICT Track Meeting, the Department of Telecommunications said Friday. The agreement will advance digital innovation, strengthen digital...

New Delhi: Tata Motors Passenger Vehicles Ltd (TMPV) Friday said it will hike prices of its vehicles across its models by up to Rs 25,000 from September 1 to partially offset increase in input costs and inflationary pressures. The price increase across the portfolio, covering...

New Delhi: The decision to permit overseas companies with up to 10 per cent Chinese shareholding to invest in India under the automatic route has begun to yield results, with 29 FDI proposals totalling about Rs 4,895.65 crore reported so far, an official said. The...

New Delhi: India and Russia discussed potential areas of mutual interest in higher education and reaffirmed their commitment to strengthening cooperation in the sector, the Ministry of Education said Friday. Deepti Gaur Mukherjee, Secretary in the Department of Higher Education, held an interaction with Deputy...

Dubai: Iranian Foreign Minister Abbas Araghchi has rejected the economic threats made against his country, saying that such "failed policies" will stir more hostility among Iranians and "bring more failures". Araghchi's comments came a few hours after Trump threatened "crushing economic measures" against Iran Thursday....

Islamabad: Pakistan has sought a USD 10 billion facility from the US to strengthen its foreign exchange position and reassure international investors, Finance Minister Muhammad Aurangzeb has said, as the cash-strapped country seeks to reduce its dependence on repeated emergency financing from friendly countries. Aurangzeb...