Business

New Delhi: Global oil prices surged sharply this week, with benchmark crude contracts ending Friday’s session more than 3 per cent higher, after renewed tensions between the United States and Iran dampened hopes of a near-term breakthrough over the Strait of Hormuz -- one of...

New Delhi: The government has revised export taxes on petroleum products, imposing a special additional excise duty (SAED) of Rs 3 per litre on petrol exports while reducing the duty on diesel to Rs 16.5 per litre, effective from Saturday. The notification by the Ministry...

Bhubaneswar: Opposition BJD and Congress Friday demanded an immediate rollback of the fuel price hike, accusing the ruling BJP of adopting a "double standard" on the issue of GST on petrol and diesel. The women's wing of the Congress staged a demonstration near a fuel...

By Arindam Ganguly, OP Bhubaneswar: A few hours after the Centre announced a hike in diesel prices, the State Transport Authority (STA) Friday issued an order regarding revision of bus fares in a range of 2 paise to 6 paise in different categories of buses...

Beijing: Chinese President Xi Jinping and his US counterpart Donald Trump on Friday hailed their talks as "historic" and "landmark", as the American leader wrapped up his three-day visit on a high note, but no deals on any contentious issues were announced. Both Presidents, who...

New Delhi: India's gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may decline in the coming months following the government's sharp increase in customs duty on the yellow metal. According...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday announced a 2 per cent increase in dearness allowance (DA) for state government employees and pensioners. With the revision, the DA has been raised from 58 per cent to 60 per cent, a statement from the Chief...

In preschool education, families pay close attention to how well a trusted name fits the needs of a particular city. That is what makes the comparison between a preschool in Delhi and one in Pune relevant for many parents. With a presence in both cities,...

Mumbai: Benchmark equity indices Sensex and Nifty surrendered early gains to close lower Friday due to selling in metal, oil & gas and PSU bank shares and caution among investors amid surging crude oil prices. The 30-share BSE Sensex dropped 160.73 points, or 0.21 per...

Mumbai: The Indian rupee crashed below the 96/USD mark Friday before closing at an all-time low of 95.86 (provisional) against the US dollar as elevated crude oil prices and inflation concerns added to the downside pressure on the rupee. Rupee has registered over 6 per...