Business

New Delhi: The Enforcement Directorate Tuesday said it has begun restituting assets worth more than Rs 2,500 crore as part of a money laundering investigation against absconding businessman Mehul Choksi in connection with the alleged Rs 13,000 crore PNB loan fraud case. The federal agency...

New Delhi: Revenue Secretary Sanjay Malhotra Tuesday said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor December 11. Responding to reporters' queries outside the Finance Ministry, Malhotra said, "One has...

Bhubaneswar: Singapore President Tharman Shanmugaratnam will visit Odisha in January and his country is the first overseas partner of the state's investor summit 'Utkarsh Odisha- Make in Odisha Conclave 2025'. Simon Wong, the High Commissioner of Singapore to India, said this to Chief Minister Mohan...

New Delhi: S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also...

Mumbai: The growth slowdown is due to a multiplicity of factors, and not due to the Reserve Bank's repo rate, outgoing Governor Shaktikanta Das said Tuesday. Addressing a press conference on his last day at work, Das said restoring the growth-inflation balance is the most...

Bhubaneswar: The Railways has sanctioned Rs 509 crore for the construction of two major flyovers in Cuttack and Rayagada districts, an official release stated Monday. The initiative is part of the broader Energy, Mineral and Cement Corridor Scheme of the Railways, aimed at improving train...

New Delhi: A computer science engineer and master's in public policy from Princeton University, Sanjay Malhotra, the new Governor of the Reserve Bank of India (RBI), is a known consensus builder and the person instrumental in the implementation of the new income tax regime. Malhotra,...

Mumbai: Shaktikanta Das will demit the office Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor December 12, 2018, after the abrupt...

Bhubaneswar: The Opposition Congress Monday questioned the Odisha BJP government's silence on the alleged Adani bribery case in which the state has been named by a US court. The issue was raised during the Zero Hour by Congress Legislature Party leader Rama Chandra Kadam who...

Noida: A UX copywriter at a salon and wellness platform has alleged that hundreds of employees were abruptly terminated following a company survey about workplace stress. Anushka Dutta, a LinkedIn user, shared a screenshot of an email she attributed to Ashu Arora Jha, the HR...