Business

Bhubaneswar: The Odisha State Cooperative Milk Producers’ Federation (OMFED) has revised the prices of its milk variants, with the new rates set to come into effect from October 4. According to an office order issued October 1, the maximum retail price (MRP) of toned milk...

Brahmapur: Several traders in Odisha's Ganjam district observed "No UPI Day" Friday in protest against the proposed Merchant Discount Rate (MDR) on certain UPI transactions. Holding placards and banners, members of the Ganjam Chamber of Commerce (GCC) took out a protest rally in Brahmapur, raising...

New Delhi: The government has proposed decriminalising regulatory breaches such as violations of petroleum licence terms and introducing a civil-penalty regime, while retaining or strengthening criminal penalties for serious offences involving public safety, critical infrastructure and unauthorised petroleum operations. The Ministry of Petroleum and Natural...

Mumbai: White-collar hiring grew marginally by 2 per cent year-on-year in September, mainly driven by record growth in AI/ML roles, followed by the auto sector, a report said Friday. White-collar hiring remained largely steady in September, growing 2 per cent year-on-year, with the Naukri JobSpeak...

New Delhi: After two consecutive months of buying, foreign portfolio investors (FPIs) turned net sellers in September, pulling out Rs 35,860 crore from Indian equities amid global uncertainties, elevated US interest rates and high crude oil prices. The selling continued into October, with foreign investors...

New Delhi: The government has extended the timelines for the RELIEF scheme and the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to support exporters amid geopolitical disruptions and logistics uncertainties, according to official statements Friday. According to the Ministry of Commerce and...

Mumbai: Indian benchmark shares posted their eighth straight weekly loss, the longest such streak in 25 years, as record foreign selling, crude prices near $100 a barrel and a surge in global yields sent risk sentiment plunging. The Nifty 50 dropped 3.1% and BSE Sensex...

Mumbai: HDFC Bank has appointed Anup Bagchi as its next Managing Director and Chief Executive Officer after receiving approval from the Reserve Bank of India (RBI), according to a stock exchange filing Thursday. Bagchi, currently the MD and CEO of ICICI Prudential Life Insurance, will...

New Delhi: The Central Bureau of Investigation (CBI) filed a second charge sheet in the Reliance Home Finance Ltd. (RHFL) case Thursday before the Special Judge for CBI Cases, Mumbai, against 11 accused, including three top executives of the Anil Ambani-led Reliance ADA Group, according...

Mumbai: The domestic equity market closed sharply lower Thursday, extending losses for the fourth consecutive trading session amid heightened concerns over rising energy prices, volatile bond yields and the possibility of further monetary tightening. The Sensex declined 570.59 points, or 0.79 per cent, to settle...