Business

Mumbai: Reserve Bank's high-level panel Wednesday started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation is above the upper tolerance level of the central bank. The decision taken at the RBI Governor Shaktikanta Das headed...

ARINDAM GANGULY, OP Bhubaneswar: In a landmark achievement, Odisha exported its largest-ever onroad engineering equipment to Bhutan Tuesday, marking a significant milestone in the state’s manufacturing and export sector under the Make in India initiative. The flag-off event, held at Mancheswar, was inaugurated by MSME...

New Delhi: The Lok Sabha Tuesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees in their accounts. Another proposed change relates to redefining 'substantial interest' for directorships, which could increase to Rs 2 crore instead...

Hanoi: The death sentence for real estate tycoon Truong My Lan was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy. She had been convicted in April of embezzlement and bribery over the fraud amounting to...

Beijing: China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications. The Chinese Commerce Ministry announced the move after the Washington expanded its list of Chinese companies subject to export controls...

Washington: The Biden Administration Monday notified the Congress of its decision to approve the sale of MH-60R Multi-Mission Helicopter Equipment and related ones at an estimated cost of $1.17 billion. The proposed sale will improve India's capability to deter current and future threats by upgrading...

Mumbai: Benchmark indices Sensex and Nifty rallied for the third straight session Tuesday amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67 points or 0.74 per cent to settle at 80,845.75. During...

New Delhi: PhonePe Tuesday announced the launch of a new and affordable insurance plan for dengue and malaria on its platform, starting at just Rs. 59 per year. The affordable health coverage plan offers comprehensive year-round coverage of up to Rs. 1 lakh for medical...

Bhubaneswar: At a time when there is a growing need for a skilled workforce in the emerging semiconductor sector, Institute of Technical Education (ITE) & Education Services (ITEES), Singapore is contemplating sending a proposal to the state government for providing semiconductor and IT-ITeS training in...

New Delhi: India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI)...