Business

Tehran: Iranian foreign ministry spokesman Esmaeil Baghaei said Monday that Iran and Oman have agreed on the map of the new route for maritime traffic in the Strait of Hormuz. He made the remarks at a weekly press conference in Tehran while elaborating on the...

New Delhi: India should bring back a petrol variant with a lower ethanol blend to protect millions of older vehicles, according to a government adviser, marking one of the strongest calls yet from a senior official for greater consumer choice amid growing concerns over the...

New Delhi: The government has cleared 31 fresh proposals under the electronics components manufacturing scheme, entailing investments of Rs 7,877 crore, the secretary in the IT ministry, S Krishnan, said Monday. According to Krishnan, the government has received a total investment proposal of Rs 69,548...

New Delhi: Overall unemployment rate among persons aged 15 years and above declined to 5.1 per cent in July 2026 from 5.5 per cent in the previous month, according to a government survey. According to the Periodic Labour Force Survey (PLFS) conducted by the National...

Mumbai: Benchmark indices Sensex and Nifty ended lower Monday amid rising crude oil prices and persistent geopolitical tensions in West Asia. The 30-share BSE Sensex declined 281.09 points, or 0.36 per cent, to settle at 77,728.16. During the day, it dropped 555.5 points, or 0.71...

New Delhi: Finance Minister Nirmala Sitharaman said Monday that the government will soon announce the composition of a high-powered committee to recommend how the banking sector should play its role in supporting the country’s transformation into a developed economy by 2047. Addressing the inauguration of...

New Delhi: Two pilots of the Air India Group have failed the initial drug test as their results came "non-negative" and their samples have been sent for confirmatory tests, according to a source. On August 13, Air India and Air India Express started mandatory psychoactive...

New Delhi: Trading activity in the stock market this week will depend on the developments surrounding the Strait of Hormuz, the US-Iran standoff and crude oil, analysts said. With the quarterly earnings season now over, investors would also monitor the trading activity of foreign investors,...

New Delhi: The combined market valuation of five of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT bellwether TCS taking the biggest hit, amid a bearish trend in domestic equities. Last week, the BSE benchmark Sensex declined 489.92...

New Delhi: Foreign investors continued their buying spree in Indian equities, investing Rs 16,621 crore in the first fortnight of August, as improving relative valuations, resilient corporate earnings and expectations of softer US interest rates boosted sentiment. The inflow follows a Rs 20,200-crore investment in...