Business

Seoul: The head of an investment consulting firm was sentenced to 25 years in prison here Thursday over a massive stock manipulation scheme that rocked local financial markets. The Seoul Southern District Court said it also ordered Ra Deok-yeon, the head of the unregistered firm,...

New Delhi: Finance Minister Nirmala Sitharaman Thursday said the goals of the Union Budget 2025-26 are to accelerate growth, secure inclusive development, and invigorate private sector investments. Replying to a discussion on the general Budget in Rajya Sabha, the minister also said the Budget was...

Mumbai: Fundraising through qualified institutional placements (QIPs) reached an all-time high in India in 2024, with 99 issues raising a massive Rs 1,41,482 crore across sectors, a report said Thursday. QIPs are a capital-raising method for listed companies without having to submit legal paperwork to...

Ahmedabad:  Adani Green Energy Thursday said it is withdrawing from further engagements in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka. However, it reaffirmed the availability of any development opportunity in the South Asian country. “Adani Green Energy has...

Bhubaneswar: In a strategic move to strengthen the state’s aviation sector, Odisha held the 3rd High Power Committee (HPC) meeting Wednesday at Lok Seva Bhavan, under the chairmanship of Chief Secretary Manoj Ahuja. The meeting focused on expanding regional connectivity, modernising existing airports, and developing...

Marseille: In what was the first visit by any Head of State or Head of Government to one of the most ambitious fusion energy projects in the world, Prime Minister Narendra Modi visited the International Thermonuclear Experimental Reactor (ITER) in Cadarache in the south of...

New Delhi: India's industrial production growth slowed to a three-month low of 3.2 per cent in December 2024, mainly due to poor performance of mining and manufacturing sectors, according to official data released Wednesday. The government has also revised the November 2024 industrial output figure...

Dubai, the crown jewel of the UAE, is synonymous with opulence, cutting-edge architecture, and an unparalleled love for luxury cars. The city’s affluent lifestyle and tax-free benefits make it a hotspot for some of the world's most sought-after automobile brands. From high-performance sports cars to...

Mumbai: Stock markets closed lower for the sixth straight day Wednesday with Sensex falling by 122 points on unabated foreign fund outflows and trade war worries. The 30-share BSE Sensex, which had tanked more than 900 points intra-day, closed at 76,171.08, down by 122.52 points...

New Delhi: Retail inflation slowed to 4.31 per cent in January mainly due to lower food prices, according to official data released Wednesday. The Consumer Price Index (CPI)-based retail inflation was 5.22 per cent in December, and 5.1 per cent in January 2024. The inflation...