Business

New Delhi: The State Bank of India (SBI) intends to recruit about 10,000 new employees during the current financial year to meet its general banking requirement and foster its technical prowess. SBI Chairman C S Setty said that the country's biggest lender will recruit around...

New Delhi: Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first three days of October due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese markets. The...

New Delhi: Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last week, with Reliance Industries and HDFC Bank taking the steepest hit, in line with weak trends in equities. Markets faced heavy drubbing last week amid...

New Delhi: The government has extended the term of RBI Deputy Governor M Rajeshwar Rao for a period of one year, according to sources. The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Rao for a period of one year with effect...

New Delhi: About 21 startups in India raised nearly $93 million in funding across 16 deals this week, which included four growth-stage deals and 12 early-stage fundings. It is a big drop from nearly $461 million raised by 29 domestic startups last week, which included...

New Delhi: Low-cost airline major IndiGo Saturday experienced a major network outage, disrupting flight operations and ground services across the nation. The technical glitch left several air travellers stranded across airports as they were unable to board flights or book tickets, leading to significant delays....

New Delhi: Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers' position intact even after prices were overbought. Gold prices experienced a minor increase Saturday as...

New Delhi: Contrary to the claims of “jobless growth,” the latest government data shows that employment in India increased by 36 per cent (17 million jobs) between 2016-17 and 2022-23. During the same period, the gross domestic product (GDP) grew at an average rate of...

Brussels: European Union countries Friday voted to impose duties on imports of electric vehicles from China, as talks continued between Brussels and Beijing to find an amicable solution to their trade dispute before an end-of-October deadline. Electric vehicles have become a major flash point in...

New Delhi: The Finance Ministry is closely watching developments in West Asia but is not worried about crude oil prices, government sources said. The government has tools to deal with volatile crude oil prices, sources said. India has seen much higher crude oil prices, crude...