Business

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...

Mumbai: The Maharashtra government has given approval to four high technology mega projects, which entail a cumulative investment of Rs 1.17 lakh crore and with a potential of creating 29,000 jobs, in Marathwada, Vidarbha, Pune and Panvel near Mumbai. The decision was taken at a...

New York: Union Information Technology Minister Ashwini Vaishnaw, Infosys co-founder Nandan Nilekani and actor Anil Kapoor are among Indians who have been honoured in Time magazine's prestigious list of the 100 "Most Influential People in AI 2024". The list, released Thursday, features 15 Indian or...

Mumbai: Benchmark equity indices Sensex and Nifty slumped over 1 per cent Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at...

New Delhi: The Supreme Court Friday sought response from ICICI Bank's former Managing Director and Chief Executive Officer Chanda Kochhar and her businessman-husband Deepak Kochhar on a plea filed against the Bombay High Court order declaring their arrest as "illegal". A bench of Justices Sanjiv...

Paris: Telegram founder and CEO Pavel Durov promised to step up efforts to fight criminality on the messaging app, his first public comments since French authorities handed him preliminary charges for allegedly allowing the platform's use for criminal activity. In a Telegram post late Thursday,...

New Delhi: Levelling more conflict of interest allegations against SEBI Chairperson Madhabi Buch, the Congress Friday claimed that she received rental income from an entity affiliated with a company that the capital markets regulator was investigating for various cases, including that of insider trading. Congress...

New Delhi: Amid a political storm over allegations of conflict of interest against SEBI chairperson Madhabi Buch, the Parliament's Public Accounts Committee has decided to review the performance of regulatory bodies established by Acts of Parliament. The Public Accounts Committee (PAC) Chairman K C Venugopal...