Business

Mumbai: Domestic equity markets opened sharply higher Monday after US President Donald Trump announced that a deal with Iran had been finalised and the Strait of Hormuz would be reopened. Sensex began the session with a surge of around 1,200 points or 1.6 per cent...

Rio de Janeiro: Air New Zealand is assessing the viability of direct flights to Indian cities and the recent free trade agreement between New Zealand and India provides increased opportunities for people-to-people connectivity, according to the airline's CEO Nikhil Ravishankar. Born in Bengaluru in India,...

Dubai/Washington: Iran said Saturday it could sign the framework for a peace deal with the United States in the coming days, but dismissed a suggestion by mediator Pakistan that it would be signed within the next 24 hours. The US and Iran signalled Friday that...

Beijing: China said Saturday it firmly opposed the US adding several prominent Chinese businesses to its list of military companies, and that the move ignored the consensus reached during US President Donald Trump's summit with Chinese leader Xi Jinping last month. The Pentagon on Monday...

New York: While you might want to ignore all the hubbub around SpaceX, Elon Musk and IPOs, your 401(k) likely can't. SpaceX is now worth USD 2.1 trillion after its stock launched 19.2 per cent higher in its debut on Wall Street. Whether or not...

Kathmandu: India and Nepal have held discussions on cross-border railway links, including passenger train services on the Janakpur-Ayodhya section, and bilateral cooperation in the sector, an official statement said. The discussions between the two countries were part of the 10th Project Steering Committee and the...

New York: Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker's CEO Elon Musk the first-ever trillionaire. The shares opened at USD 150 and kept rising, reaching USD 166.90 around 12:20 pm ET. That price gave the company...

Pune: Police have registered a case of alleged abetment to suic*de against three persons including two employees of Tata Consultancy Services (TCS) following the death of a 48-year-old staffer of the IT firm, an official said Friday. While no arrest has been made in the...

New Delhi: Aircraft accident probe agency AAIB Friday issued an interim statement on the probe into Air India's AI171 plane crash that killed 260 people June 12 last year, and said the final report will be released upon completion of all investigative activities, requisite international...

Mumbai: India's forex reserves dropped USD 711 million to USD 681.610 billion during the week ended June 5 due to a sharp decline in foreign currency reserves, the RBI said Friday. In the previous reporting week, the overall reserves had jumped USD 938 million to...