Business

Mumbai: The Securities and Exchange Board of India (SEBI) Tuesday extended a temporary relaxation that allows companies planning to launch initial public offerings (IPOs) to revise the size of their fresh issues without filing fresh draft documents, providing greater flexibility to issuers navigating volatile market...

New Delhi: India Tuesday highlighted the upward trajectory of its longstanding partnership with Spain and reaffirmed its commitment to strengthening ties across trade and investment, defence and security, culture and tourism. New Delhi's commitment was reaffirmed by Secretary (West) at the Ministry of External Affairs...

New Delhi: The RSS-affiliated Swadeshi Jagran Manch (SJM) urged the Centre Tuesday to block permission to Starlink to roll out its commercial satellite broadband services in India, while condemning the irresponsible statements made by its owner, Elon Musk, against industrialist Mukesh Ambani and the government...

New Deli: Finance Minister Nirmala Sitharaman Tuesday said the rupee has depreciated "significantly" over the past year and a half, and the RBI will continue its efforts to prevent excessive volatility in the domestic currency. Speaking at the Bloomberg New Economy Forum 2026, Sitharaman said...

New Delhi: In a major relief to UPI users, the decision to levy a Merchant Discount Rate of 0.4 per cent on transactions over Rs 2,000 has been deferred, with NPCI Tuesday saying a new date for the implementation will be decided after Diwali. According...

Washington/New Delhi: International Monetary Fund (IMF) Tuesday raised its forecast for India's economic growth to 7.0 per cent for 2026, saying the country "remains among the fastest-growing major economies" even as a war in the Middle East and higher oil prices drag on much of...

Bangkok: The International Monetary Fund Tuesday slightly upgraded its outlook for the world economy for this year, but it's still forecasting growth at a sluggish 3.1%. The IMF had forecast global growth at 3.0% in July. The world economy expanded at a 3.5% annual pace...

RABINARAYAN JENA, OP Bhubaneswar: More than 61 lakh land records in Odisha are yet to be taken up for survey, despite the expiry of the six-month deadline set by the government, raising concerns over delays in revenue services, sources said. The state government has taken...

Jajpur: Industrialisation was promised to create employment opportunities and improve the economic condition of local residents through permanent jobs. Trusting these assurances, residents of Kalin ganagar in Jajpur district welcomed several cement plants after the establishment of steel industries. However, JSW Cement has allegedly failed...

Mumbai: Banks have urged the Reserve Bank of India to ease one of the key measures the regulator announced over the weekend to support the rupee and scrap the threshold above which the rule comes into effect, four sources familiar with the discussions said. Lenders...