Business

Mumbai: The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections...

New Delhi: Imposing reciprocal duties violates global trade rules but one has to follow a "wait and watch" approach to US President-elect Donald Trump's remarks on imposing reciprocal tariffs, a senior official said Wednesday. US President-elect Donald Trump has said that India charges a lot...

Mumbai: Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. The 30-share BSE benchmark Sensex tumbled 502.25 points or 0.62 per cent to settle...

New Delhi: Metal recycling startup Runaya Wednesday said it has entered into a pact with Germany-headquartered ECKART to build a new aluminium powder unit in Odisha. The new facility in Odisha will produce amongst the most sustainable spherical atomised aluminium granules. These products are witnessing...

Washington: US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by India on import of certain American products. Trump made these remarks Tuesday and also said that India and Brazil were among countries that impose...

Bhubaneswar: The state’s Planning and Convergence department signed a Memorandum of Understanding (MoU) with the Council on Energy, Environment and Water (CEEW) as part of its Green Odisha Initiative. The agreement aims to accelerate green economic growth and promote sustainable development in the state. The...

London: European Union privacy watchdogs hit Facebook owner Meta with fines totalling 251 million euros on Monday after an investigation into a 2018 data breach on the social media platform that exposed millions of accounts. Ireland's Data Protection Commission issued the penalties after wrapping up...

New Delhi: Finance Minister Nirmala Sitharaman Tuesday said the lower-than-expected GDP growth of 5.4 per cent in the second quarter was a "temporary blip" and the economy will see healthy growth in the coming quarters. Replying to a debate in the Lok Sabha on the...

New Delhi: Taiwanese laptop maker MSI Tuesday announced the commencement of its manufacturing operations in India with its first facility in Chennai. In line with the objective of "Make in India", MSI will introduce locally-produced versions of two laptop models -- the MSI Modern 14...

Mumbai: Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors approach ahead of the US Fed interest rate decision. Falling for the second day in a row, the 30-share BSE benchmark Sensex...