Business

New Delhi: Jio Platforms Ltd's Rs 30,213-crore initial public offering attracted bids worth Rs 3.73 lakh crore, with strong institutional demand driving subscription to 5.57 times the shares on offer, alongside solid anchor demand. At the end of day one, Jio Platforms Ltd's initial public...

Mumbai/Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Thursday said the state aims to transition from a mineral-driven economy to a chemical-led industrial hub by leveraging its mineral resources, ports, and emerging investment opportunities. Addressing the 14th edition of India Chem 2026 in Mumbai, Majhi stressed...

Berlin: Commerce and Industry Minister Piyush Goyal Thursday called for setting a bold bilateral trade target of 310 billion euros between India and Germany, urging businesses from both countries to identify opportunities to maximise benefits from the India-EU trade agreement once it comes into effect....

New Delhi: US Secretary of State Marco Rubio Thursday said that continuing to build economic partnership and energy security cooperation makes both India and the US stronger as he wrapped up his three-day visit, which took him to the country's financial capital Mumbai and a...

Dubai: Seven oil tankers caught fire or were damaged in the Strait of Hormuz overnight after being hit by Iran or striking naval mines, Tehran said Thursday, a markedly high number as tensions wind upward over concerns about a return to all-out war. With days...

Washington: The United States Wednesday finalised a federal regulatory framework for payment stablecoins, introducing requirements for financial reserves, redemption, risk management and supervision as the Trump administration seeks to strengthen American leadership in digital finance. The Office of the Comptroller of the Currency (OCC), which...

Mumbai: Rising inflation and signs of price pressures spilling over into a range of goods weighed on the RBI's six-member Monetary Policy Committee (MPC), which unanimously voted to hike the repo rate by 25 basis points this month, according to the minutes of the panel's...

Jamnagar: Almost the entire Ambani family led by billionaire tycoon Mukesh Ambani welcomed the US Secretary of State Marco Rubio at Jamnagar Wednesday, as he began a tour of the world's largest single-site refinery. Rubio arrived in Jamnagar a day after calling India a crude-refining...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi is scheduled to leave for Mumbai Wednesday to attend India Chem 2026, India's flagship biennial event for the chemicals and petrochemicals industry, which begins Thursday. According to an official statement, CM Majhi will participate in the inaugural session...

New Delhi: The Ministry of Defence has signed a contract with Bharat Electronics Limited (BEL) to procure Improved Low-Level Lightweight Radar (LLLR-I) at a cost of approximately Rs 770 crore to boost the air defence capability of the Indian Army. The LLLR(I) system has the...