Business

New Delhi: The government Tuesday told the Supreme Court that the country’s 20% ethanol blending programme in petrol is still an ongoing experiment and the impact of the policy would become clearer by next year. The remarks come amid a wider debate and concerns over...

New Delhi: The government Tuesday extended nil customs duty on the import of 40 critical petrochemical products by 15 days till July 15 to ensure continuity of supply stability amid the West Asia crisis. The full customs duty waiver on such products provided on April...

Dubai: Two US envoys arrived in Qatar Tuesday for talks with mediators about the implementation of an initial deal to end the war in Iran, an official said. The visit by Steve Witkoff, US President Donald Trump's special Mideast envoy, and Jared Kushner, his son-in-law,...

New Delhi: Supreme Court Tuesday directed status quo with regard to an order of the Karnataka High Court which directed enhancement of ethanol allocation for the Ethanol Supply Year (ESY) 2025-26. The top court was hearing a plea filed by an oil marketing company which...

Mumbai: Reserve Bank Tuesday said the interim peace deal between Iran and the US can provide tailwinds to Indian economic growth. In its bi-annual financial stability report released Tuesday, the central bank also said that the growth in gold imports has decelerated "substantially" in May...

New Delhi: Adani Ports and Special Economic Zone (APSEZ) Tuesday said Switzerland-based MSC, the world's largest shipping transport and logistics conglomerate, will acquire 49 per cent stake in its Vizhinjam port in Kerala for about USD 1.4 billion. Mediterranean Shipping Company (MSC) will make the...

Mumbai: Almost a week after announcing his decision to step down as chairman of Trent, Noel Tata Tuesday said he will also relinquish the chairmanship of Tata Group company Voltas. Addressing shareholders at the cooling products maker's 72nd annual general meeting (AGM) in Mumbai, the...

Mumbai: Benchmark stock indices Sensex and Nifty declined on Tuesday due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of US-Iran negotiations in Doha. The 30-share BSE Sensex declined 249.70 points, or 0.33 per cent, to...

Mumbai: Domestic financial system remains resilient, underpinned by strong bank and non-bank balance sheets, said the Reserve Bank's Financial Stability Report (FSR) released Tuesday. Scheduled Commercial Banks (SCBs) remain safe and sound, supported by strong capital and liquidity buffers, continued improvement in asset quality, and...

New Delhi: WhatsApp, the instant messaging service owned by Meta, is set to unveil a new feature aimed at enhancing users’ convenience and addressing their privacy concerns. The one-of-a-kind feature will delink the messaging service from users’ mobile numbers, allowing them to converse and interact...