Business

Washington: China’s holdings of US Treasury securities fell sharply in August while India’s rose for a third straight month, according to US Treasury data released. China’s holdings dropped to $590.7 billion at the end of August from $618 billion in July. A year earlier, in...

New Delhi: Elon Musk-owned Starlink said it has worked closely with regulators, industry and operators in India for more than 5 years, in a reply to Reliance Industries Ltd (REL) which said that India’s rules apply equally to domestic and foreign companies in the field...

Washington: India and the United States are close to sealing the first part of a trade agreement, with dairy access the biggest remaining obstacle, as Secretary of State Marco Rubio heads to India. President Donald Trump Friday signed an order implementing the Lindsey O. Graham...

Washington: A bipartisan group of US lawmakers has introduced legislation seeking to block President Donald Trump's arrangement to purchase and import Russian diesel, escalating congressional opposition to a policy critics say could provide Moscow with additional revenue for its war in Ukraine. The proposed legislation,...

Chicago: Tesla has unveiled its new Roadster sports car, which can thrust itself up in the air. But drivers shouldn't expect to take it for a spin anytime soon. Elon Musk's electric car company this week debuted the latest bells and whistles of its second-generation...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday approved the disbursement of Rs 56.55 crore as six months' honorarium for sarpanches and naib sarpanches across the state, an official statement said. A total of Rs 56,55,72,000 has been sanctioned for the period from April 1...

Washington/New Delhi: White House Friday listed investments worth "trillions of dollars" in the US, including over USD 330 billion from India, placing it among the country's leading investors. The list of investments, played on loop on the White House YouTube channel, also features the USD...

Male: India has approved the rollover of a Rs 3,000-crore currency swap facility to the Maldives, the Indian High Commission in the island nation said Friday. The Government of India approved the Maldives' request for rollover of the INR 30 billion facility under the Framework...

Islamabad: Pakistan was named the incoming chair of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) for 2027, returning to the position for the first time since 1953, the country's ministry of economic affairs said Friday. Minister...

New Delhi/Bhubaneswar: National Steering Committee Friday approved an investment of Rs 1,194.92 crore for ugrading Industrial Training Institutes (ITI) clusters across Odisha, Maharashtra, and Jammu and Kashmir under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme. With the approval, the cumulative...