Business

New Delhi: The Bharatiya Mazdoor Sangh (BMS) Wednesday wrote to Prime Minister Narendra Modi seeking his urgent intervention for the appointment of a regular CMD of BSNL and an end to the additional-charge arrangement that has continued for over two years. The RSS-affiliated labour union...

Mumbai: Stock markets closed lower Wednesday, with the benchmark Sensex down 429 points after two straight days of gains, as the RBI raised the key policy rate for the first time in nearly four years. The 30-share BSE Sensex fell 429.11 points, or 0.59 per...

Washington: US spice traders are hoping for exemptions from tariffs on Indian spices under the trade deal with India to ensure that they remain available at reasonable prices for American consumers. The US imports USD 700 million worth of spices from India every year and...

Mumbai: The Reserve Bank of India Wednesday marginally raised the forecast for retail inflation for the current fiscal to 5.2 per cent from its earlier estimate of 5 per cent and said price pressures are increasingly becoming visible across a range of commodities. The near-term...

Mumbai: Reserve Bank Wednesday raised its GDP growth forecast for the current fiscal year by 40 basis points to 7.1 per cent, while cautioning that lingering global geopolitical tensions could pose a risk to the economic outlook. Unveiling the October bi-monthly monetary policy, Governor Sanjay...

New Delhi: The Reserve Bank of India raised its benchmark interest rate by 25 basis points to 5.50 per cent Wednesday, its first increase in nearly four years, and signalled that further hikes could follow as rising inflation and a weakening currency prompt a policy...

Accra: India and Ghana have discussed multilateral cooperation and Delhi's deepening engagement with the African Union and ECOWAS (Economic Community of West African States) as External Affairs Minister S Jaishankar met Ghanaian counterpart Sam Okudzeto Ablakwa. Jaishankar, who arrived in Ghana on Tuesday on the...

RABINARAYAN JENA, OP Bhubaneswar: More than 50,000 outsourced employees engaged through various service providers in the state will no longer be counted as ‘manpower’ under a new Finance department policy. Instead, their services will be measured in terms of ‘manhours’, as they are engaged on...

Bhubaneswar: In a major step towards building a future-ready workforce and reinforcing Odisha’s leadership in skill development and technical education, Memoranda of Understanding (MoUs) were exchanged with various strategic partners at a special ceremony held at World Skill Center here Tuesday. This collaboration will strengthen...

Chicago: It's official Skydance-owned Paramount has closed its USD 81 billion takeover of Warner Bros. Discovery. The companies completed the deal Tuesday, ushering in a new Hollywood giant with the now shorter Skydance nametag. The merger brings two of America's oldest moviemaking studios together. And...