Business

Mumbai: RBI Deputy Governor Poonam Gupta Wednesday said there is no "systematic bias" in the central bank's inflation forecasting. In comments that come amid concerns in some quarters on this aspect, Gupta said the central bank uses a variety of models and expert discussions to...

New Delhi: Ministry of Coal Wednesday successfully completed the auction of three coal blocks in Jharkhand and Odisha under the 13th round of commercial coal mine auctions, which are likely to attract a capital investment of nearly Rs 7,350 crore, according to an official statement...

New Delhi: India and the Russia-led EAEU group will start formal negotiations for a trade agreement from Wednesday, Commerce and Industry Minister Piyush Goyal said on Tuesday. India and the five-nation grouping, the Eurasian Economic Union (EAEU), on August 20, inked the terms of reference...

Bhubaneswar: Odisha government Tuesday approved 20 projects with a total proposed investment of Rs 4,353 crore, an official said. The projects were approved at the State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja in Bhubaneswar. The projects would be...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Tuesday asserted that an “industrial revolution” started in the state after the BJP came to power, attracting investments to the tune of Rs 17 lakh crore. Majhi made the remarks while addressing the inaugural session of ‘Samruddha Odisha-2036'...

Bhubaneswar: Chief Minister Mohan Charan Majhi Tuesday said that Odisha must achieve fivefold economic growth over the next decade to realise its goal of becoming a $500-billion economy by 2036. While Minister inaugurating the two-day ‘Samruddha Odisha 2036’ Conclave organised by the Utkal Chamber of...

Mumbai: Stock markets closed lower for the third consecutive session Tuesday with the benchmark Sensex sliding nearly 314 points due to selling in IT and auto shares as foreign fund outflows dampened investor sentiment. In a volatile trade, the 30-share BSE Sensex dropped 313.70 points...

New Delhi: Commerce and Industry Minister Piyush Goyal concluded a productive visit to Israel during which he held a series of high-level engagements aimed at strengthening the India–Israel strategic and economic partnership, according to an official statement issued Tuesday. The visit reaffirmed the strong commitment...

Ottawa: In a significant step towards enhancing India-Canada bilateral ties, Indian High Commissioner to the North American country, Dinesh K Patnaik, met the Premier of the Canadian province of Alberta, Danielle Smith. Both sides discussed important areas of bilateral partnership, including energy, trade, agriculture, technology...

New Delhi: In a significant step towards recovering assets linked to the multi-crore Punjab National Bank (PNB) fraud, the Enforcement Directorate (ED) has handed over four residential flats in Mumbai, attached in the case involving fugitive businessman Mehul Choksi, to the liquidator for monetisation, the...