Business

Hyderabad: Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20, Pharmaceuticals Export Promotion Council of India (Pharmexcil) said Saturday. "We have observed a big leap in our exports in...

New Delhi: Fuel prices in the country remained unchanged Saturday as oil marketing companies decided to go on a pause mode and analyse the global developments on oil prices before effecting a revision. Accordingly, pump price of petrol and diesel remained at Rs 90.40 a...

Mumbai: The spike in coronavirus cases poses a risk to economic recovery, and the GDP is unlikely to achieve the earlier projected 3 per cent growth for March quarter 2020-21, Wall Street brokerage Bank of America (BofA) Securities has said. Noting that a month-long nationwide...

New Delhi: Hyundai Motor India led the passenger vehicle (PV) exports from the country last fiscal with dispatch of 1,04,342 units to various overseas markets like Mexico, Saudi Arabia and South Africa. In a statement issued Friday, the country's second largest carmaker said during the...

Bhubaneswar/ Mumbai: Odisha-based electric vehicle maker EeVe is looking to tap additional funds worth USD 15 million (Rs 100 crore) and is in preliminary discussions with some of the venture capital funds to fuel its aggressive expansion plans. The firm, which currently has six scooter...

New Delhi: National Aluminium Company Ltd (Nalco) Friday said it has been granted the mining lease of Utkal-E coal block in Odisha. The lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued April 12. As per...

New Delhi: SoftBank is in advanced stages of talks on investing around USD 450 million (around Rs 3,348 crore) in food ordering and delivery platform Swiggy. The deal is likely to peg the valuation of Bengaluru-based firm at USD 5 billion, sources familiar to the...

London: UK Home Secretary Priti Patel has signed off on the order to extradite Nirav Modi, wanted in India on fraud and money laundering charges related to the estimated USD 2-billion Punjab National Bank (PNB) scam case, senior Indian diplomatic sources in the UK said...

  Mumbai: Transporters’ body the All India Motor Transport Congress (AIMTC) termed Friday the recent 14-16 paise per litre cut in petrol and diesel prices across major cities as ‘ostentatious’. The AIMTC said there is still a room to reduction the price by up to...

New Delhi: A Rs 110-crore jetty project, connecting Kaninali in Bhadrak district and Talachua in Kendrapara district of Odisha, will come up on the Dhamra river, cutting travelling time for passengers from 6 hours by road to 1 hour by waterway, the Ports, Shipping &...