Business

New Delhi: The Enforcement Directorate (ED) Monday said it has arrested former UCO Bank CMD Subodh Kumar Goel on money laundering charges in an alleged bank loan fraud case of more than Rs 6,200 crore linked to a Kolkata-based company. Goel was arrested from his...

Male: India has signed 13 MoUs with the Maldives for enhancing ferry services in the island nation with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihoods. The MoUs signed Sunday are for projects to be implemented under the Indian grant assistance...

New Delhi: Stock markets will be mainly driven by quarterly earnings by corporates, foreign fund flows and global trends this week, analysts said. Updates on global trade deals and their impact on world markets will also be closely tracked, experts noted. "As the India-Pakistan conflict...

New Delhi: The government has received 70 applications for Rs 23,000-crore electronics component manufacturing scheme, and majority of applicants are small and medium enterprises, Union minister Ashwini Vaishnaw said. These applications have come within half a month of opening the window for the scheme "Electronics...

New Delhi: India's smartphone exports surged nearly fivefold to the US and about fourfold to Japan in the past three years, propelling the segment to surpass petroleum products and diamonds as the country's top exported goods, according to government data. The smartphone exports rose by...

New Delhi: Foreign investors continue to show confidence in the country's equity market, infusing Rs 18,620 crore so far this month, driven by a combination of global tailwinds and improving domestic fundamentals. This positive momentum follows a net investment of Rs 4,223 crore in April,...

New Delhi: Nine of the top 10 valued firms added Rs 3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys,...

New Delhi: Restrictions imposed by India on certain Bangladeshi goods will help the domestic ready-made garment industry, particularly MSMEs, to enhance their competitiveness, according to experts. On May 17, India restricted imports worth USD 770 million from Bangladesh, covering nearly 42 per cent of bilateral...

Islamabad: The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media...

New Delhi: Indian startups collectively raised around $194.22 million this week across 28 deals. The funding spanned nine growth and late-stage rounds and 18 early-stage deals, with one startup choosing not to disclose its funding amount. Bengaluru continued to lead India’s startup ecosystem, recording 12...