Business

New Delhi: Prime Minister Narendra Modi Saturday expressed grief over the demise of Dr Guruprasad Mohapatra, Secretary of Department for Promotion of Industry and Internal Trade (DPIIT). Odisha-born Indian Administrative Service (IAS) officer Mohapatra succumbed to Covid-19 Saturday. Mohapatra was undergoing treatment at a private...

New Delhi: Fuel retailers spared consumers of any further increase in prices by keeping retail prices of petrol and diesel unchanged Saturday. Accordingly, petrol continues to cost Rs 96.93 per litre and diesel Rs 87.69 per litre in Delhi. Across the country as well the...

Mumbai: Indian ultra high net worth individuals (UHNI) are likely to invest up to $30 billion in tech start-ups in India by 2025. According to newly-launched report titled, "Turning Ideas to Gold," jointly prepared by 256 Network and Praxis Global Alliance, India expects to add...

Chennai: A special court has remanded Ravi Ramaswami Parthasarathy to a three-day police custody in the Rs 1-lakh crore Infrastructure Leasing and Finance Limited (IL&FS) scam, which triggered a liquidity crisis in the financial services market in 2018. In the court of the special judge...

Mumbai: Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India (RBI) granted Friday in-principle approval to the Centrum Financial Services to set up a small finance bank. Centrum Financial Services was one of the applicants for...

New Delhi: Tech giant IBM has partnered with 30 global organisations, including 11 from India that will contribute to the company's goal of training 500,000 people by the end of the year through its SkillsBuild programme. The partnership includes governments, community colleges, non-profits, and employment...

Bhubaneswar: Despite a slowdown in the economy due to Covid-19, the revenue collection from minor minerals in Odisha has grown by 41.47 per cent to Rs 962 crore in 2020-21 fiscal, a top official said. The revenue from the minor mineral resources was at Rs...

Mumbai: Equity benchmarks Sensex and Nifty ended on a flat note after a volatile session Friday amid a largely negative trend in global equities. The 30-share BSE Sensex ended 21.12 points or 0.04 per cent higher at 52,344.45, while the broader NSE Nifty inched 8.05...

New Delhi: Fuel prices increased again across the country Friday adding more misery to common person’s woe. With the new hike, petrol prices have reached very close to hitting the century mark all across India. Petrol prices have already crossed the Rs 100 per litre-mark...

Mumbai: The Indian rupee slumped 15 paise to 74.23 against the US dollar in opening trade Friday as the US dollar extended gains, a day after the US Federal Reserve surprised markets with its hawkish statement. Forex traders said muted domestic equities also weighed on...