Business

Mumbai: Market benchmark indices Sensex and Nifty ended lower Friday, extending the losing streak for the fifth consecutive session, as investors remained cautious due to rising oil prices amid geopolitical tensions in West Asia and renewed concerns over US trade tariffs. Fresh foreign fund outflows...

Bhubaneswar: The Odisha government Friday signed two memoranda of understanding (MoUs) with HCL Technologies and Sarvam AI for setting up an AI data centre and a global delivery centre in Khurda district, involving a proposed investment of more than Rs 15,000 crore over the next...

Washington: The US has imposed a 10 per cent tariff on goods imported from India and 16 other countries as part of a wider action against products made using forced labour. On June 3, when the US had proposed tariffs under Section 301 of the...

Brussels: European Union Thursday hit Google with a fine of 890 million euros ($1 billion) after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers towards its own services and apps to...

Bhubaneswar: Odisha government has revised the delegation of financial powers for Urban Local Bodies (ULBs) along with Bhubaneswar and Raurkela smart cities, officials said Thursday. The revised framework, notified by the Housing & Urban Development Department, comes into force with immediate effect, superseding all previous...

New Delhi: External Affairs Minister S Jaishankar met with US Secretary of State Marco Rubio in Manila Wednesday to discuss priority areas including trade, tariffs, energy, defence, critical minerals, and artificial intelligence. The US State Department said the two top diplomats agreed on the importance...

Mumbai: Indian economy has navigated the external uncertainties well and the recovery of foreign investments in recent months shows a revival of confidence, the Reserve Bank Bulletin said Wednesday. The global economy is continuing with the heightened uncertainties emanating from fragile geopolitics and supply chain...

Jerusalem: Amid renewed hostilities and growing security concerns in West Asia, Air India Wednesday said it is extending its suspension of operations on the Tel Aviv-Delhi route till end of September. The airline has been continuously extending its suspension of operations on the route for...

Mumbai: Benchmark indices Sensex and Nifty tumbled nearly 1 per cent Wednesday, taking the losses to the third consecutive day, following a sharp spike in crude oil prices and selling in bank stocks. The 30-share BSE Sensex tanked 715.06 points, or 0.92 per cent, to...

Mumbai: The rupee depreciated by 34 paise to close at 96.59 (provisional) against the US dollar Wednesday, weighed down by surging crude oil prices and heightened geopolitical uncertainty. Forex traders said risk aversion in global markets and a negative trend in domestic equities further dented...