Business

Hong Kong: China's trade surplus exceeded USD 1 trillion for a second straight year, according to official data released Tuesday, as pressure mounts for greater balance in trade with Beijing. Exports in October surged 35.2 per cent from a year earlier, the customs agency said....

Washington: US President Donald Trump said Monday that the FBI is investigating Nvidia CEO Jensen Huang's affair with an alleged Chinese government agent, but said he doesn't think the executive who has helped to develop artificial intelligence has a reason to worry. "I know the...

Bhubaneswar: The fifth edition of Millets Day will be celebrated in Bhubaneswar November 10 and 11, with a two-day conference on the theme ‘Strengthening Shree Anna and Landrace Seed Systems’, official sources said. Organised by the Agriculture and Farmers’ Empowerment (A&FE) department, the event will...

Bhubaneswar: IIT Bhubaneswar has entered into a strategic partnership with three energy-sector institutions from Odisha and Madhya Pradesh to strengthen research, innovation and technological cooperation in renewable energy and accelerate India’s transition towards clean energy. An MoU to this effect was signed during the Odisha...

New Delhi: Weeks ahead of inking of a mega trade pact, India and European Union (EU) Monday vowed to boost their ties in trade and investment, quantum technologies, semiconductors and biotechnology to deliver "mutually beneficial and transformative" outcomes. The two sides also agreed to work...

New Delhi: Government is likely to extend support measures in the forthcoming Budget to boost domestic manufacturing of 100 products, including intermediates and capital goods across sectors, an official said. The Department for Promotion of Industry and Internal Trade (DPIIT), under the Commerce and Industry...

Mumbai: Reserve Bank of India's net short position of USD 239 billion in the forward market is likely to limit the rupee's appreciation despite a recovery in foreign portfolio investor (FPI) inflows, according to a report. The Reserve Bank of India's (RBI) forward book stood...

Mumbai: Market benchmark indices Sensex and Nifty ended higher Monday amid a correction in crude oil prices and buying in blue-chip bank and financial stocks. The 30-share BSE Sensex climbed 107.25 points, or 0.13 per cent, to settle at 81,106.65. During the day, it climbed...

Bangkok: China denied Monday that there was a spy plot to ensnare Nvidia CEO Jensen Huang, calling the spying allegations unsubstantiated and a smear campaign against Beijing. Huang has acknowledged to the Nvidia board that he had been intimate with a business executive who US...

New York: World shares and US futures advanced Monday after artificial intelligence stocks recovered some ground lost in last week's sell-offs. In early European trading, Germany's DAX climbed 0.6 per cent to 25,974.42, and the CAC 40 in Paris was up 0.4 per cent, at...