Business

Bhubaneswar: Following the Central government's decision to hike the paddy minimum support price (MSP) by Rs 69 per quintal, the Odisha government is also going to procure paddy at a MSP of Rs 2,369 per quintal for common variety during the 2025–26 Kharif marketing season,...

Paradip: Odisha Chief Minister Mohan Charan Majhi Wednesday announced plans to set up a new port at Bahuda in Ganjam district and a shipbuilding and repair centre at the Mahanadi river mouth near Paradip with a total investment of over Rs 46,000 crore. CM Majhi...

Auckland: Commerce and Industry Minister Piyush Goyal Wednesday said India consistently protects the interests of vulnerable sectors like dairy and MSMEs in free trade agreements. He also said that significant progress has been made in the negotiations of the proposed trade agreement with New Zealand....

New Delhi: India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21. Indian refiners accounting for more than half of the country's import of Russian crude oil, which is turned...

New Delhi: State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs)...

New Delhi: US tech giant Google announced Wednesday a two-week programme under Google for Startups India to equip early-stage founders, startup teams, and aspiring entrepreneurs in developing launch-ready AI prototypes with Google's AI tools. The attendees will be equipped with the essential tools and knowledge...

New Delhi: India became the world's second-largest gold consumer with 802.8 tonnes of demand in 2024, accounting for 26% of global consumption, while the Reserve Bank of India's gold reserves increased to 880 tonnes, according to an SBI Research report released Wednesday. Domestic supply of gold...

New Delhi: In a partial relief to WhatsApp, the appellate tribunal NCLAT Tuesday set aside a section of a Competition Commission of India (CCI) order that had banned the instant messaging app from sharing data with Meta Platforms for advertising purposes for five years, but...

New Delhi: Finance Minister Nirmala Sitharaman Tuesday exuded confidence that the government will meet the fiscal deficit target of 4.4 per cent of the GDP for the year ending March 2026. The Union Budget presented in Parliament in February by the Finance Minister had pegged...

Mumbai: Equity benchmark indices Sensex and Nifty tumbled Tuesday amid persistent foreign fund outflows and weak trend in Asian and European markets. The 30-share BSE Sensex dropped 519.34 points, or 0.62 per cent, to settle at 83,459.15. During the day, it tanked 565.72 points, or...