Business

New Delhi: After the sharp reduction in import duty announced in the Union Budget, the revenues of organised gold jewellery retailers will increase 22-25 per cent this fiscal (year-on-year) — a solid 500-600 basis points (bps) more than the 17-19 per cent expected earlier, a...

New Delhi: Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts. "Crude oil prices has seen a meaningful correction over the few days with Brent crude now close...

San Francisco: As Telegram Founder and CEO Pavel Durov remains in France under the close observation of local authorities, a media analysis has found that his social media platform is "inundated" with illegal and extremist activity. The analysis by the New York Times of over...

New Delhi: Congress Sunday said the SEBI investigation into "the Adani Group's brazen attempt" to bypass regulations is still languishing and the capital markets regulator has a lot to explain. Congress general secretary in-charge communications Jairam Ramesh's remarks attacking SEBI came after a media report...

New Delhi: The combined market valuation of eight of the top-10 most valued firms got eroded by Rs 2,01,699.77 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest laggards, in line with weak trends in equities. Last week, the BSE...

New Delhi: Indian startup ecosystem raised more than $348 million in funding this week, as the growth momentum for the industry continued for a second consecutive week. The Indian startups collectively secured $348 million across 19 deals this week, compared to $466 million raised by...

Bhubaneswar: Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers, an official said. The joint ventures between Tata Power and the Odisha government, placed orders worth Rs 8,690 crore with local MSMEs and Rs 2,791 crore to non-MSMEs...

Islamabad: A substantial deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, a cache so large its exploitation could change the country's destiny, according to a media report. A three-year survey was undertaken in collaboration with a friendly country to verify...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday laid the foundation stone for India's "first" silicon carbide manufacturing facility, at Infovalley, on the outskirts of Bhubaneswar, a statement said. The facility will be set up by RIR Power Electronics Ltd, a firm working in semiconductor...

Bhubaneswar: Union Minister Anupriya Patel Friday said Odisha is ready to become a leader in the petrochemical sector which is projected to be a USD 1 trillion industry by 2047. Addressing a conference "Advanced India: Indian Chemicals and Petrochemicals Paving the Future" here, she said...