Business

Beijing: China said Saturday it firmly opposed the US adding several prominent Chinese businesses to its list of military companies, and that the move ignored the consensus reached during US President Donald Trump's summit with Chinese leader Xi Jinping last month. The Pentagon on Monday...

New York: While you might want to ignore all the hubbub around SpaceX, Elon Musk and IPOs, your 401(k) likely can't. SpaceX is now worth USD 2.1 trillion after its stock launched 19.2 per cent higher in its debut on Wall Street. Whether or not...

Kathmandu: India and Nepal have held discussions on cross-border railway links, including passenger train services on the Janakpur-Ayodhya section, and bilateral cooperation in the sector, an official statement said. The discussions between the two countries were part of the 10th Project Steering Committee and the...

New York: Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker's CEO Elon Musk the first-ever trillionaire. The shares opened at USD 150 and kept rising, reaching USD 166.90 around 12:20 pm ET. That price gave the company...

Pune: Police have registered a case of alleged abetment to suic*de against three persons including two employees of Tata Consultancy Services (TCS) following the death of a 48-year-old staffer of the IT firm, an official said Friday. While no arrest has been made in the...

New Delhi: Aircraft accident probe agency AAIB Friday issued an interim statement on the probe into Air India's AI171 plane crash that killed 260 people June 12 last year, and said the final report will be released upon completion of all investigative activities, requisite international...

Mumbai: India's forex reserves dropped USD 711 million to USD 681.610 billion during the week ended June 5 due to a sharp decline in foreign currency reserves, the RBI said Friday. In the previous reporting week, the overall reserves had jumped USD 938 million to...

Mumbai: Benchmark indices ended sharply higher on Friday, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, in tandem with a rally in global markets and a decline in crude oil prices after US President Donald Trump declared that his...

New Delhi: Retail inflation inched up in May to 3.93 per cent compared to 3.48 per cent in the preceding month due to higher food prices, according to official data released Friday. Consumer Price Index-based inflation in the food basket was 4.78 per cent in...

Ottawa: Canadian Prime Minister Mark Carney became a symbol of middle power resistance after a celebrated speech earlier this year, but he is expected to be more muted in his criticism of US President Donald Trump at an upcoming summit in Europe. Carney's speech at...