Business

Washington: The United States imposed sanctions on eight Cuban entities and three military officials, targeting the island’s nickel industry and military research establishments in an action that also warned foreign businesses of potential sanctions exposure. Secretary of State Marco Rubio said the designations covered four...

New Delhi: Odisha Chief Minister Mohan Charan Majhi Friday expressed pride over NIT  Rourkela’s indigenous semiconductor chip designs being showcased at SEMICON India 2026. Majhi said the achievement reflected the talent, innovation and research capabilities of Odisha’s institutions and was a matter of immense pride...

Mumbai: Tata Sons Thursday announced that N. Chandrasekaran will be reappointed as Chairman for a further five-year term, reversing his earlier decision not to seek an extension and setting the stage for a potential showdown with Tata Trusts, the majority shareholder of the group holding...

By ARINDAM GANGULY, OP New Delhi: Union Electronics and Information Technology (E&IT) Minister Ashwini Vaishnaw Thursday that Odisha has huge potential in the semiconductor sector and more investment is coming in the days ahead. Speaking at SEMICON India 2026 at Yashobhoomi in New Delhi, Vaishnaw...

Washington: The US House of Representatives has passed a sweeping sanctions and tariff Bill intended to increase economic pressure on Russia over its invasion of Ukraine, sending the Bill to President Donald Trump to sign into law more than a year after the late Senator...

New Delhi: The government Thursday hailed the passage of legislation by New Zealand's Parliament towards the free trade agreement (FTA) between the two countries. India and New Zealand are working closely to complete their respective domestic processes and to facilitate the early entry into force...

Mumbai: Tata Sons Ltd's board Thursday approved a fresh five-year term for N Chandrasekaran as executive chairman and set in motion the process to list the group's holding company -- decisions that Tata Trusts said were "illegal". The board's roughly three-hour meeting in Mumbai Thursday...

New Delhi: The government is seeing investment commitments of about USD 11-12 billion under the newly-launched Semicon 2.0 scheme, IT Minister Ashwini Vaishnaw said  Thursday. The investment interest spans a wide swathe of the semiconductor ecosystem, including equipment, materials, gases, chemicals, assembly, testing, marking and...

New Delhi: Representatives of the All India Petroleum Dealers Association (AIPDA) met senior officials of the Ministry of Petroleum and Natural Gas Thursday to discuss their demand for exemption from the merchant discount rate (MDR) on UPI transactions on fuel sales at petrol pumps. The...

New Delhi: Prime Minister Narendra Modi Thursday pitched India as a trusted alternative for global manufacturing, telling chip industry leaders that his government is taking every step necessary to make the country a preferred semiconductor destination. The world is looking for new and trusted manufacturing...