Business

New Delhi: Prices of commercial LPG - the one used in hotels and restaurants - were Monday hiked by Rs 42 per 19-kg cylinder but there was no change in the rates of cooking gas used in household kitchens. The price of commercial LPG was...

New Delhi: Gross GST collections rose 3.2 per cent to over Rs 1.94 lakh crore in May on improved supplies of goods and services, and continued expansion of collection from imports, government data showed Monday. Gross GST collection stood at Rs 1.88 lakh crore in...

New Delhi: Developments around the US-Iran situation, crude oil prices, and the RBI's interest rate decision would determine the trend in the equity market in an event-heavy week ahead, analysts said. Besides, macroeconomic data announcements, trading activity of foreign investors and the rupee-dollar trend would...

New Delhi: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 32,963 crore in May due to weak earnings growth, rupee depreciation and more attractive opportunities in other markets. With this, the total outflow by Foreign Portfolio Investors (FPIs) from the equity...

New Delhi: The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit. In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent,...

New Delhi: Government has halved windfall gains tax on export of petrol to Rs 1.5 litre, while reducing the levy on diesel to Rs 13.5/litre and aviation turbine fuel to Rs 9.5/litre effective June 1. The finance ministry in a notification said road and infrastructure...

Singapore: Defence Secretary Rajesh Kumar Singh said Saturday that a BrahMos missile deal with Vietnam had already been signed, while a similar pact involving Indonesia was in the final stages. Singh is in Singapore to attend the Shangri-La Dialogue, and his comments were in response...

New Delhi: Centre's move to exempt all customs duties on cotton imports for five months till October 30 will ensure adequate availability of cotton for the textile industry, lower input costs and boost the competitiveness of Indian textiles, the Textile Ministry said Saturday. Industry bodies...

New Delhi: With forecasts pointing to a below-normal monsoon and a likely moderation in economic activity, overall consumption demand may face headwinds in the coming months, and the near-term outlook for the Indian economy is one of cautious resilience, the finance ministry said in a...

Bhubaneswar: Growth of MSMEs alongside large industries is key to achieving the vision of ‘Samruddha Odisha’ and ‘Viksit Bharat’ by 2036 and 2047, respectively, Industries Minister Sampad Chandra Swain said Friday. Addressing the ‘CII MSME Connect Series 2026: Expanding Business Horizon’ here as the chief...