Business

Tehran: The US has reportedly lifted the naval blockade imposed on Iranian ports, according to Tehran's Deputy Foreign Minister, Majid Takht-Ravanchi. The naval blockade imposed on Iranian ports for nearly two months was lifted by the US ahead of the signing of a memorandum of...

New Delhi: SpaceX continued its extraordinary stock market rally Tuesday, surpassing Microsoft to become the fourth-largest company in the United States by market capitalisation, while also unveiling a major $60 billion acquisition of artificial intelligence coding platform Cursor. The Elon Musk-led aerospace and technology company...

Mumbai: Benchmark stock indices Sensex and Nifty rose for the third consecutive day Tuesday, propelled by a positive trend in global markets and softening crude oil prices following a peace deal between the US and Iran. The 30-share BSE Sensex jumped 544.15 points, or 0.71...

New Delhi: Adani Group has "secured" all long-term coal power purchase contracts awarded by BJP-ruled states, either independently or as one among multiple awardees, since the Centre resumed such agreements in 2024, according to a report by The Reporters' Collective. The report said that of...

New Delhi: The government has amended the Drugs Rules, 1945 (Fifth Amendment), removing an exemption that allowed the sale of cough syrups in small villages without compliance with certain retail licensing requirements, according to an official statement Tuesday. The amendment was notified through a notification...

New Delhi: In a major move aimed at curbing examination-related fraud, the Central government has imposed a temporary restriction on the messaging platform Telegram across India until June 22, following recommendations from the National Testing Agency (NTA). The measure has been taken to prevent alleged...

Mumbai: Indian equity markets traded higher in morning trade Tuesday after the United States and Iran reached a preliminary agreement to end conflict. Sensex rose over 300 points or 0.41 per cent to touch an intraday high of 76,579 in early trade, while Nifty gained...

New Delhi: The Malta-flagged LNG carrier DISHA, managed by a Shipping Corporation of India-led consortium, safely transited the Strait of Hormuz Monday with a cargo of 62,370 metric tonnes of LNG bound for Dahej in Gujarat, and is likely to reach India June 18, according...

New Delhi: India and the United States are set to intensify negotiations on a proposed interim trade agreement with senior officials from the Office of the United States Trade Representative (USTR), scheduled to visit New Delhi June 23-24 for high-level discussions aimed at finalising the...

New Delhi: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman Monday said India has performed reasonably well on the economic front, but cautioned against taking the country's growth story for granted, stressing that continuous innovation, reforms and institutional strengthening are essential to sustain long-term...