Business

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi presented a supplementary budget of Rs 12,156 crore for the current financial year 2024-25 in the state Assembly Tuesday. The government in this supplementary statement of expenditure has allocated Rs 125 crore for the organisation of Pravasi Bharatiya...

New Delhi: Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of Chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds...

Mumbai: Benchmark indices Sensex and Nifty snapped the two-day rally and closed lower Tuesday in line with weak global market trends amid concerns over tariff threats by US President-elect Donald Trump. In a volatile trade, the 30-share Sensex declined 105.79 points or 0.13 per cent...

New Delhi: The Income Tax Department’s 10-digit alphanumeric Permanent Account Number (PAN) is set for a major update. The new features include the addition of QR codes to all existing and new cards. To enhance security, a data vault system and improved cybersecurity measures are...

Washington: US President-elect Donald Trump has said he will impose a 25 per cent tariff on all products coming from Canada and Mexico, and 10 per cent on Chinese goods to check the flow of illegal immigrants and drugs into the United States. In a...

New Delhi: Shashikant Ruia, billionaire and Co-founder of the Essar Group, has passed away at age 81, the global conglomerate said Tuesday. “It is with profound grief that we inform of the passing of Shri Shashikant Ruia, Patriarch of the Ruia and Essar Family. He...

Hyderabad: Telangana Chief Minister A Revanth Reddy Monday announced that the state government will not accept the Rs 100 crore CSR donation committed by industrialist Gautam Adani for the Young India Skills University being set up in the state. The CM's announcement came days after...

Like any adventure, stock market investment is smoother when you have the right tools and a clear plan. For Indian investors, one of the smartest tools available is the 3-in-1 demat account. If you've ever pondered the question, "What exactly does a 3-in-1 account offer?"—look...

New Delhi: India's economic outlook for the coming months is 'cautiously optimistic', with agriculture likely to benefit from favourable monsoon conditions, increased minimum support prices and adequate supply of inputs, the finance ministry said in a report. "Bright agricultural production prospects make the inflation outlook...

New Delhi: India's Generative AI ecosystem has grown remarkably amid a global downturn, recording an impressive 6 times growth in quarterly investments driven by B2B and productivity solutions, according to a report by IT industry body nasscom. nasscom Monday released the "Generative AI Tracker: Tech...