Business

Mumbai: Seasoned bureaucrat Tuhin Kant Pandey assumed charge as SEBI Chairman Saturday, promising focus on transparency and teamwork. Pandey, formerly the Finance Secretary, termed SEBI as a "robust market institution" which has been built over the years by successive leaders. Declining to outline his exact...

New Delhi: The unified payments interface (UPI) transactions witnessed 33 per cent growth (year-on-year) in transaction volume in February at 16.11 billion, the National Payments Corporation of India (NPCI) data showed Saturday. The UPI transaction value also surged 20 per cent (on-year) to Rs 21.96...

Washington: Skype will make its final call May 5 as Microsoft prepares to shut down the internet calling service that transformed global communication. The move will allow the tech giant to streamline its offerings and concentrate on its Teams platform, Microsoft announced Friday. Launched in...

New Delhi: Prime Minister Narendra Modi and European Commission President Ursula von der Leyen on Friday agreed to conclude an ambitious India-EU free trade deal by this year amid fears that the Trump administration's threat of higher tariffs could adversely impact the global economy. In...

When YouTube launched in 2005, it wasn’t the global video platform we know today. Surprisingly, it started as a dating website where users could upload videos introducing themselves to potential partners. But after failing to attract users, its founders shifted gears, allowing anyone to upload...

New Delhi: The output of eight key infrastructure sectors rose by 4.6 per cent in January against a 4.2 per cent expansion in the same month of last year, according to official data released Friday. The key infrastructure sectors' output expanded by 4.8 per cent...

New Delhi: The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA). In actual terms, the fiscal deficit- the gap between expenditure and revenue- was Rs...

New Delhi: India's economic growth decelerated to 6.2 per cent in the third quarter of 2024-25, mainly due to poor performance by the manufacturing and mining sectors. The Indian economy recorded a growth of 6.2 per cent in the third quarter of the current fiscal...

Mumbai: Benchmark indices Sensex and Nifty tumbled nearly 2 per cent Friday, mirroring deep losses in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors. The 30-share BSE benchmark Sensex tanked 1,414.33 points or 1.90 per cent...

Mumbai: The rupee depreciated 28 paise to close at 87.46 (provisional) against the US dollar Friday, as the strength of the American currency and a negative trend in domestic equities dented investor sentiments. Forex traders said the ongoing uncertainty surrounding tariff imposition by the US...