Business

Washington: The Federal Aviation Administration has ordered all American Airlines flights grounded in the US after the carrier reported a technical issue affecting its entire system with millions travelling for the holiday. In social media replies to frustrated travellers, the airline said: “Our team is...

Mumbai: Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows. After gyrating between highs and lows, the 30-share index declined 67.30 points...

New Delhi: In a significant year for the Indian startup ecosystem, 13 new-age companies launched their initial public offerings (IPOs), as startups cumulatively raised more than Rs 29,200 crore from the stock market. When it comes to IPOs, the figure stood at 10 in 2021,...

New Delhi: Prime Minister Narendra Modi is meeting eminent economists and sectoral experts to elicit their views and suggestions for the upcoming Budget. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025. Sitharaman,...

Bhubaneswar: Odisha Revenue and Disaster Management Minister Suresh Pujari Monday said that the state government will provide compensation to farmers for the damage to the crops due to unseasonal rainfall in the state within the next five days. Speaking to media persons in Bhubaneswar Monday,...

Tokyo: Japanese automakers Honda and Nissan have announced plans to join forces, forming world's third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and...

Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply Monday after five days of steep decline amid value buying at lower levels and a rally in global markets. Besides, hectic buying in blue-chip stocks ITC, HDFC Bank and Reliance Industries also helped in market recovery....

New Delhi: Stock markets will remain open for trading February 1, Saturday, when Finance Minister Nirmala Sitharaman presents the Union Budget, bourses BSE and NSE said Monday. Stock markets are generally closed Saturdays and Sundays, except for special circumstances. Sitharaman will present the Union Budget...

Bhubaneshwar: Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said Monday. Addressing the Odisha Solar Investor Conclave,...

New Delhi: Stock market participants would track global trends and foreign investors' trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed Wednesday for Christmas. "Looking ahead, no major events are scheduled....