Business

New Delhi: Centre's move to exempt all customs duties on cotton imports for five months till October 30 will ensure adequate availability of cotton for the textile industry, lower input costs and boost the competitiveness of Indian textiles, the Textile Ministry said Saturday. Industry bodies...

New Delhi: With forecasts pointing to a below-normal monsoon and a likely moderation in economic activity, overall consumption demand may face headwinds in the coming months, and the near-term outlook for the Indian economy is one of cautious resilience, the finance ministry said in a...

Bhubaneswar: Growth of MSMEs alongside large industries is key to achieving the vision of ‘Samruddha Odisha’ and ‘Viksit Bharat’ by 2036 and 2047, respectively, Industries Minister Sampad Chandra Swain said Friday. Addressing the ‘CII MSME Connect Series 2026: Expanding Business Horizon’ here as the chief...

New Delhi: No partnership is better positioned than the one between India and the US to seize emerging opportunities, particularly in high-technology and critical minerals, US Ambassador Sergio Gor said Friday, while noting that only one per cent of issues remain to finalise the proposed...

Bhubaneswar: India’s semiconductor ambitions received a major boost Friday after chip giant Intel Corporation signed a memorandum of understanding (MoU) with the Odisha government and 3D Glass Solutions (3DGS) to bring semiconductor substrate manufacturing technology to the country. The proposed facility, likely to come up...

New Delhi: The government has asked state-run fuel retailers to expand liquefied petroleum gas (LPG) storage capacity to cover at least 30 days of demand, a senior oil ministry official said Friday, as supply disruptions linked to the West Asia conflict highlight the need for...

New Delhi: The number of gig workers in India could reach 2.5 crore by the end of the decade, and the government is in consultation with fund managers to bring social security schemes for them, a labour ministry official said Friday. At present, the country...

New Delhi: A United States trade team is expected to visit India next week to take forward ongoing negotiations between the two countries, with both sides maintaining positive and constructive engagement, the Ministry of External Affairs (MEA) said Friday. MEA spokesperson Randhir Jaiswal said India...

Mumbai: Detection of counterfeit currency notes in the banking system rose 5.7 per cent in 2025-26, led by a sharp increase in fakes found in Rs 500 and Rs 200 denominations, the RBI said Friday. The total number of counterfeit notes detected increased to 2,29,746...

Mumbai: Benchmark stock index Sensex tumbled 1,092 points and Nifty closed below 24,550 Friday amid reports of a below-normal monsoon season rainfall and geopolitical uncertainty related to the US-Iran ceasefire arrangement. Dragged by a late-minute selling rush, the 30-share BSE Sensex tumbled 1,092.06 points, or...