Business

Mumbai: Benchmark Sensex dropped nearly 119 points while Nifty snapped its eight-day winning run in a highly volatile trade Monday due to profit-taking in IT and auto shares after a recent rally. Ending its five-day rally, the 30-share BSE Sensex declined by 118.96 points or...

New Delhi: Finance Minister Nirmala Sitharaman on Monday emphasised the need for regulations that foster technology innovations for the common good, particularly in artificial intelligence (AI) but not stifle them. The government is determined to not only adopt AI technologies but also ensure their responsible...

Beijing: Beijing Monday described the US call to G7 and NATO countries to impose tariffs against China and other countries importing Russian oil as a "typical act of unilateral bullying" and "economic coercion", and threatened countermeasures if Washington's call is heeded. China's rejection of the...

New Delhi: Wholesale price inflation (WPI) returned to the positive zone after two months at 0.52 per cent in August, as prices of food articles and manufactured items inched up, government data showed Monday. WPI-based inflation was (-) 0.58 and (-) 0.19 per cent in...

New Delhi: Passenger vehicle dispatches from companies to dealers declined 9 per cent year-on-year to 3,21,840 units in August, as companies recalibrated supplies to adjust to low market demand. Passenger vehicle wholesales stood at 3,52,921 units in August 2024. Sales of passenger vehicles saw a...

New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X, September 14, the department termed "fake"...

New Delhi: Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said. Any further development on the US–India trade front would also drive trends in...

Beijing: China's Foreign Minister Wang Yi has rebuffed the US call to G7 countries to impose tariffs on countries purchasing oil from Russia, saying that war cannot solve problems and “sanctions only complicate them”. “China does not participate in or plan wars, and what China...

New York/Washington: India brags about having 1.4 billion people but won't buy even a small amount of American corn, Commerce Secretary Howard Lutnick has said, asserting that New Delhi must bring down its tariffs or face a “tough time” doing business with the US. Lutnick...

New Delhi: India's reliance on US software, cloud services, and social media platforms poses a major economic and security vulnerability in times of geopolitical tensions, think tank GTRI said Sunday. Washington is in a position to cut off services or access to data, disrupting banking,...