Business

Mumbai: Benchmark Sensex spurted by 575 points while Nifty closed above 25,300 Wednesday on buying in banking and financial shares, driven by a rally in Asian and European markets amid hopes of a rate cut by the US Federal Reserve later this month. The 30-share...

Bhubaneswar: Odisha government is planning to provide an additional 5 kg rice to the poor under the Public Distribution System (PDS), a minister told reporters in Bhubaneswar Wednesday. "We are thinking of providing an additional 5 kg rice to all 3.25 crore people who are...

New Delhi: Attacking the Modi government over the change in EPFO rules, the opposition Wednesday alleged that salaried people are being punished for the Modi government's "mishandling of the economy" and urged Labour and Employment Minister Mansukh Mandaviya to scrap the "draconian" provisions. The opposition...

New Delhi: India's exports grew by 6.74 per cent to $36.38 billion in September despite global headwinds. Imports jumped 16.6 per cent to $68.53 billion. The country's trade deficit stood at $32.1 billion during the month. Imports surged due to the increase in imports of...

Mumbai: South Korean auto major Hyundai Motor Co President & CEO Jose Munoz Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz...

New Delhi: Passenger vehicle dispatches from companies to dealers rose 4 per cent year-on-year in September to 3,72,458 units, industry body SIAM said Wednesday. The overall passenger vehicle dispatches last month rose 4.4 per cent to 3,72,458 units, as against 3,56,752 units in September 2024....

Washington: US Treasury Secretary Scott Bessent revealed on Tuesday that Washington expects support from its allies and friends, including India, over its attempt to counter China’s latest export controls on rare earths. In an interview with Fox News, Bessent characterised the Chinese export controls as...

Mumbai: South Korean auto major Hyundai Motor Co President & CEO Jose Munoz Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz...

Washington: The International Monetary Fund has raised India’s growth projection to 6.6 per cent, an upward trend of 0.2 percentage points, in its latest Global Economic Outlook report. The IMF, in its report released in Washington Tuesday, said that India’s strong growth in the first...

New Delhi: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), said that it has signed a Memorandum of Understanding (MoU) with NTT DATA Japan, making a significant step towards Unified Payments Interface (UPI) acceptance in the Japanese...