Business

New York: Engulfed by scandals, Jensen Huang, the CEO of Nvidia, whose chips are a driving force in the AI revolution, is facing ouster by the company's board, a development with far-reaching consequences for the US economy and its technological leadership. The board was meeting...

New Delhi: Leading dairy brands Amul and Moth er Dairy have hiked milk prices by Rs2-4 per litre, effective Thursday, due to higher input costs, including higher farmer procurement rates and increased fuel expenses. Gujarat Cooperative Milk Marketing Federation (GC MMF) and Mother Dairy, leading...

New Delhi: The government Wednesday approved a Rs 62,370 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season 2026-27. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Department of Fertilizers' proposal to fix the Nutrient Based Subsidy (NBS) rates...

New Delhi: The Finance Ministry has issued a notification making electric vehicles (EVs) the "default and preferred choice" for the procurement of government staff cars in all ministries and departments of the Centre, with the order coming into force with immediate effect. The notification issued...

New Delhi: Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal Wednesday said that a Liberia-flagged very large crude carrier (VLCC) MT FUJAIRAH ENERGY was struck by a projectile while transiting the Persian Gulf, leaving four crew members injured, including one Indian national. In a...

New Delhi: Chip major NVIDIA’s independent directors have appointed Joon H. Kim, former acting US Attorney for the Southern District of New York, to probe if its founder and CEO Jensen Huang was targeted by a Chinese intelligence effort. Kim's law firm, called Wachtell, Lipton,...

Bhubaneswar: Odisha and Japan are exploring new avenues of business collaboration, innovation and cross-border entrepreneurship, with a recent agreement between an Odisha-based startup and a Japanese organisation expected to strengthen commercial ties and open up opportunities in international markets. In this regard, a high-level delegation...

New Delhi: Foreign investors turned net buyers of Indian equities in November, infusing Rs 53,739 crore in the first nine days after two consecutive months of outflows, driven by the AI-led sell-off in global markets, strong domestic earnings growth and attractive large-cap valuations. The latest...

New Delhi: Merchants are awaiting a revised rollout date from the National Payments Corporation of India (NPCI) of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) Unified Payments Interface (UPI) transactions. NPCI had deferred the introduction of MDR charges beyond the originally planned October...

New Delhi: Union Commerce and Industry Minister Piyush Goyal's upcoming visit to Egypt, accompanied by a high-level business delegation, is expected to boost bilateral trade and investment ties while creating wider regional opportunities for Indian businesses, an industry chamber said Tuesday. The statement from FIEO...