Business

New Delhi: Indian carriers -- Air India and Air India Express -- Friday announced the suspension of flights to several destinations in Saudi Arabia till October 20, citing the evolving security situation in the region. According to travel advisories issued by airlines on social media...

New Delhi: Reliance Industries Ltd (RIL) Friday said it does not fear competition and welcomes it in satellite communications sector, including from Elon Musk's Starlink, but asserted that every player must abide by Indian laws. The company issued a statement to "place the facts on...

New Delhi: The government has raised the windfall tax on exports of petrol to Rs 2.5 per litre and cut the duty on diesel, effective from Friday. As per the Finance Ministry notification, the export duty on petrol was raised to Rs 2.5 per litre...

New Delhi: Finance Minister Nirmala Sitharaman Friday called for an early conclusion of the proposed India-United States Bilateral Trade Agreement (BTA) and said its finalisation would be in the interest of both global trade and bilateral economic ties. Speaking with the Atlantic Council on the...

Bhubaneswar: Paradip Port Authority (PPA) has set a target of handling more than 170 million metric tonnes (MMT) of cargo in 2026-27, aiming to build on its record throughput of 156.45 MMT achieved in the previous financial year, PPA Chairperson Susanta Kumar Purohit said Thursday....

Bangkok/New Delhi: Finance Minister Nirmala Sitharaman and the UK’s Chancellor of the Exchequer John Healey Thursday held talks to further strengthen economic ties between the two countries, on the sidelines of the annual IMF-World Bank meetings in Bangkok. Sitharaman informed Healey that India looks forward...

New Delhi: Commerce and Industry Minister Piyush Goyal Thursday that the first phase of the India-US trade pact has been finalised and is undergoing legal drafting. He expressed hope that it would be finalised soon and operationalised once India secures a competitive advantage over its...

New Delhi: India and the United States are nearing the conclusion of a bilateral trade agreement with most major issues already resolved and only limited negotiations on remaining details continuing, US Ambassador to India Sergio Gor said Thursday. Speaking at the Bloomberg New Economy Forum...

New Delhi: India’s wholesale price-based inflation rose to 11.39 per cent in September, compared to 9.92 per cent in August, on rising prices of food, manufactured items, and fuel and power, government data showed Wednesday. Inflation in the food index rose to 8.66 per cent...

Mumbai: The rupee appreciated 19 paise to close at 95.17 against the US dollar Wednesday, registering the fourth straight session of gain, supported by Reserve Bank of India interventions designed to ease near-term dollar demand and limit speculative foreign exchange exposure. Forex traders said the...