Business

Mumbai: Reserve Bank Friday announced a record dividend of Rs 2.87 lakh crore to the government for the year-ended March 2025, providing a financial boost for the exchequer amid rising import bills and supply chain disruptions due to the West Asia conflict. The dividend is...

Mumbai: The financial conditions, crude oil prices, and capital flows continue to pose challenges to the external sector outlook amid the West Asia conflict, Reserve Bank Bulletin said Friday. The global economy continued to be shadowed by uncertainties in West Asia, said an article on...

Bhubaneswar: Indian hockey player, Olympian Amit Rohidas has embraced solar energy by installing a rooftop solar system at his residence under the PM Surya Ghar: Muft Bijli Yojana. The initiative has significantly reduced the installation cost while ensuring long-term savings on electricity bills. His move...

New Delhi: US Ambassador Sergio Gor Thursday expressed immense confidence regarding the finalisation of a landmark bilateral trade deal between Washington and New Delhi in the "coming weeks and months".Speaking at the Annual Leadership Summit of the American Chamber of Commerce (AMCHAM) here, Ambassador Gor...

New Delhi: Three separate trademark applications have been filed seeking rights over the name Cockroach Janata Party, official records showed. The filings, by lesser-known individuals, come amid growing attention around a satirical political outfit Cockroach Janata Party, which had attracted million of views and followers...

Bhubaneswar: The Odisha government Thursday held discussions with representatives from Japan to finalise a proposed friendship agreement between the state and Tottori prefecture, aimed at boosting cooperation in industrial development, skill development, tourism and culture, an official said. The meeting came a day after Chief...

New Delhi: Union Finance Minister Nirmala Sitharaman and US Ambassador to India Sergio Gor discussed deepening the India-US economic and financial partnership, including collaboration in the fintech sector, investment opportunities and bilateral cooperation, the Finance Ministry said Wednesday. According to the ministry, the two sides...

New Delhi: India and South Korea Wednesday signed key agreements to shore up cooperation in defence cyberspace and military training, reaffirming their commitment to stronger bilateral defence ties and a rules-based Indo-Pacific, a region that has witnessed increasing Chinese assertiveness. The pacts were firmed up...

Mumbai: The Reserve Bank will conduct a USD 5 billion USD-INR buy and sell swap auction next week to inject long-term liquidity in the banking system. The auction, to be held May 26, also comes at a time when the rupee has significantly depreciated against...

New Delhi: China has blocked Meta’s proposed $2 billion acquisition of artificial intelligence startup Manus, citing national security concerns, in a move that signals tighter regulatory scrutiny of cross-border technology deals, a new report has said. According to a report by Modern Diplomacy, the National...