Business

New Delhi: Moody's Ratings Friday sharply raised India's GDP growth forecast for the fiscal to 7 per cent -- the fastest growth rate among all G20 economies-- aided by economic resilience in the face of Middle East conflict but flagged risks to inflation from elevated...

New Delhi: The Food Safety and Standards Authority of India (FSSAI) Friday said it has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms in three infant nutrition products. According to FSSAI, it examined NAN Excella Pro Stage 1, Lactogen...

New Delhi: Shapoorji Pallonji Group Chairman Shapoor Mistry has welcomed the Reserve Bank of India's decision requiring Tata Sons to comply with regulations governing upper-layer non-bank financial companies, saying the move could mark a turning point for transparency and accountability at the holding company of...

Washington: The United States imposed sanctions on eight Cuban entities and three military officials, targeting the island’s nickel industry and military research establishments in an action that also warned foreign businesses of potential sanctions exposure. Secretary of State Marco Rubio said the designations covered four...

New Delhi: Odisha Chief Minister Mohan Charan Majhi Friday expressed pride over NIT  Rourkela’s indigenous semiconductor chip designs being showcased at SEMICON India 2026. Majhi said the achievement reflected the talent, innovation and research capabilities of Odisha’s institutions and was a matter of immense pride...

Mumbai: Tata Sons Thursday announced that N. Chandrasekaran will be reappointed as Chairman for a further five-year term, reversing his earlier decision not to seek an extension and setting the stage for a potential showdown with Tata Trusts, the majority shareholder of the group holding...

By ARINDAM GANGULY, OP New Delhi: Union Electronics and Information Technology (E&IT) Minister Ashwini Vaishnaw Thursday that Odisha has huge potential in the semiconductor sector and more investment is coming in the days ahead. Speaking at SEMICON India 2026 at Yashobhoomi in New Delhi, Vaishnaw...

Washington: The US House of Representatives has passed a sweeping sanctions and tariff Bill intended to increase economic pressure on Russia over its invasion of Ukraine, sending the Bill to President Donald Trump to sign into law more than a year after the late Senator...

New Delhi: The government Thursday hailed the passage of legislation by New Zealand's Parliament towards the free trade agreement (FTA) between the two countries. India and New Zealand are working closely to complete their respective domestic processes and to facilitate the early entry into force...

Mumbai: Tata Sons Ltd's board Thursday approved a fresh five-year term for N Chandrasekaran as executive chairman and set in motion the process to list the group's holding company -- decisions that Tata Trusts said were "illegal". The board's roughly three-hour meeting in Mumbai Thursday...