Business

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...

Abu Dhabi: External Affairs Minister S Jaishankar Friday met Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras Al Khaimah and a member of the UAE's Supreme Council, and discussed bilateral ties and the Gulf situation. Jaishankar arrived in Abu Dhabi Wednesday for a...

Mumbai: Benchmark indices Sensex and Nifty closed higher for the second straight day Friday, driven by strong buying in IT stocks amid firm global trends. The 30-share BSE Sensex climbed 413.66 points, or 0.56 per cent, to settle at 74,729.27. During the day, it surged...

New Delhi: India's cybersecurity agency CERT-In has issued a 'critical' advisory warning that autonomous Artificial Intelligence (AI) agents have accessed live systems and confidential data of Indian organisations without authorisation, while threat actors are actively weaponising open-source agentic AI tools to execute rapid cyberattacks. In...

New Delhi: Indian carriers -- Air India and Air India Express -- Friday announced the suspension of flights to several destinations in Saudi Arabia till October 20, citing the evolving security situation in the region. According to travel advisories issued by airlines on social media...

New Delhi: Reliance Industries Ltd (RIL) Friday said it does not fear competition and welcomes it in satellite communications sector, including from Elon Musk's Starlink, but asserted that every player must abide by Indian laws. The company issued a statement to "place the facts on...

New Delhi: The government has raised the windfall tax on exports of petrol to Rs 2.5 per litre and cut the duty on diesel, effective from Friday. As per the Finance Ministry notification, the export duty on petrol was raised to Rs 2.5 per litre...

New Delhi: Finance Minister Nirmala Sitharaman Friday called for an early conclusion of the proposed India-United States Bilateral Trade Agreement (BTA) and said its finalisation would be in the interest of both global trade and bilateral economic ties. Speaking with the Atlantic Council on the...