Business

New Delhi: India's peak power demand soared to a record high of 256.11 GW Saturday as the heatwave intensified across the country, which forced both domestic and commercial consumers to step up the use of air conditioners and other cooling devices, data compiled by the...

New Delhi: The geopolitical situation in West Asia, particularly developments around the Strait of Hormuz, Q4 earnings from corporates and crude oil prices are the major factors to drive sentiments in the stock market in a holiday-shortened week ahead, analysts said. Stock markets would remain...

New Delhi: Data on oil imports from Russia to India cannot be provided as it is exempted under the RTI Act due to its "commercial and confidential" nature, according to the Petroleum Planning and Analysis Cell (PPAC) under the Oil Ministry, with the Central Information...

New Delhi: The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark...

New Delhi: India and New Zealand are set to sign a long-awaited free trade agreement Monday, more than four months after concluding negotiations, with the deal expected to significantly boost bilateral trade, investments and market access across sectors. The agreement will be signed at Bharat...

Kathmandu: India's envoy in Kathmandu and the energy minister in the new government in Nepal discussed issues of mutual interest and those focusing on cooperation in energy. India's Ambassador to the Himalayan nation Naveen Srivastava and Nepal's Minister for Energy, Water Resources, and Irrigation Biraj...

Bhubaneswar/Sambalpur: In a major boost to Odisha's industrial sector, the state government Friday facilitated a joint venture between JSW Steel Limited and JFE Steel Corporation, attracting an investment of over Rs 15,000 crore from Japan for the expansion of a steel project in Sambalpur district,...

New Delhi: US Department of Commerce has announced preliminary anti-dumping duty on imports of solar cells and panels from India. "...consistent with our practice, we preliminarily assign the dumping margin alleged in the Petition, which is 123.04 per cent, to all other producers and exporters...

Mumbai: Reserve Bank of India Friday said it has cancelled the banking licence issued to Paytm Payments Bank. The licence was cancelled as the "affairs of the bank were conducted in a manner detrimental to the interest of the bank and its depositors", the RBI...

Mumbai: Equity benchmark indices Sensex and Nifty tumbled over 1 per cent Friday, falling for the third consecutive day, as a sharp rally in crude prices and massive selling in IT counters weighed heavily on investors' sentiment. Unabated foreign fund outflows, a negative trend in...