Business

New Delhi: Retail inflation rose to 5.54 per cent in September, mainly due to costlier food items, according to government data released Monday. The Consumer Price Index-based inflation was at 4.83 per cent in August. The inflation figure for September is the highest in the...

New Delhi: Trade and transport bodies Monday opposed the designation of Ramlila Maidan as a protest site in Delhi, citing its proximity to major wholesale markets in Old Delhi and the potential disruption to the movement of goods and commercial activities. The Chamber of Trade...

Mumbai: Benchmark stock index Sensex dropped by nearly 548 points Monday as a fresh spike in crude oil prices, unabated foreign fund outflows and rising bond yields dented investors' sentiment. Erasing opening gains, the 30-share BSE Sensex tanked 547.65 points, or 0.76 per cent, to...

Dhaka/New Delhi: Home Minister Salahuddin Ahmed will skip the first-ever meeting of home ministers of the BIMSTEC grouping in New Delhi, with a delegation led by a senior bureaucrat set to represent Dhaka amid strained ties between India and Bangladesh. Home Affairs Senior Secretary Manzur...

RABI NARAYAN JENA, OP Bhubaneswar: The state has been receiving less financial assistance from the Centre than anticipated over the past two-and-a-half years, with several key funding heads yet to see any disbursement in the current financial year. Financial assistance is being provided from the...

New Delhi/Singapore: Finance Minister Nirmala Sitharaman Sunday held a discussion in Singapore with Standard Chartered Bank Group Chief Executive Bill Winters on opportunities to strengthen trade finance, cross-border banking, and financial flows in support of India’s growing engagement with global markets. Other top officials of...

Hyderabad: An IndiGo flight from Delhi to Chennai was diverted to Hyderabad Sunday after a power bank reportedly caught fire onboard. The crew reportedly used a fire extinguisher to contain the fire, following which the flight was diverted to Hyderabad. The flight landed safely at...

New York: Maybe President Donald Trump really does believe that tariff is the most beautiful word in the dictionary. Despite higher prices, criticism from trade experts and displeasure among voters, Trump holds fast to his belief that imposing the highest import duties on US trading...

New Delhi: Major quarterly earnings from companies like Wipro and HCL Tech, along with inflation figures, global trends, and crude oil price movements, will drive stock market movement this week, analysts said. Market investors will also watch foreign investor trading activity, rupee movement, US Treasury...

New Delhi: Crude oil futures are likely to remain volatile next week as uncertainty over US-Iran negotiations and escalating tensions in West Asia keep supply risks elevated, even as hopes of a deal to reopen the Strait of Hormuz offer scope for a correction, analysts...