Business

New Delhi: Chief Economic Adviser V Anantha Nageswaran Wednesday dismissed speculations of India's involvement in creating an alternative currency to the US dollar, saying that no such plans are being considered. Nageswaran added that in spite of tariff disputes and geopolitical uncertainty affecting global trade,...

Mumbai: Benchmark Sensex rose by 323 points while Nifty closed higher for the sixth consecutive day Wednesday amid renewed optimism over a successful conclusion in India-US trade talks. The 30-share BSE Sensex climbed 323.83 points or 0.40 per cent to settle at 81,425.15, registering its...

Mumbai: Shrimp exporters' revenue is likely to decline 12 per cent year-on-year in 2025-26, hit by the steep tariffs imposed by the US, effective August 27, a report said Wednesday. The US is India's most critical market for frozen shrimp, representing 41 per cent of...

New Delhi/Dhenkanal: Vedanta is in the process of acquiring land for its 3 million tonnes per annum (MTPA) aluminium smelter in Dhenkanal, Odisha, a top company official said Wednesday. "We are moving towards setting up a new mega aluminium plant at Dhenkanal, Odisha, (with a...

Washington: White House Trade Advisor Peter Navarro said the United States does not need “unfair trade” with India, claiming that New Delhi is “desperately” seeking access to American markets. In the last few weeks, Navarro has made a series of critical remarks against India, especially...

New Delhi: Two-wheeler maker Hero MotoCorp Wednesday said it will cut prices of its various models by up to Rs 15,743 to pass on the full benefit of the GST rate reduction to customers. The new pricing will be effective from September 22, Hero MotoCorp...

New Delhi: Fitch Ratings Wednesday upped India's GDP growth forecast for current fiscal year to 6.9 per cent from 6.5 per cent earlier on the back of strong June quarter growth and domestic demand drivers. In its Global Economic Outlook-September, Fitch said the pace of...

New Delhi: Apple Tuesday said it has unveiled the iPhone 17 series, priced between Rs 82,900 and Rs 2,29,900, which will be available in India from September 19. The company has also introduced its thinnest iPhone ever – the iPhone Air series – with a...

Bhubaneswar: Odisha government has released the draft Electric Vehicle (EV) Policy 2025, setting a roadmap to accelerate green mobility and make the state a national leader in sustainable transportation. The draft policy aims to achieve 50 per cent electric vehicle adoption in new registrations by...

New York/Washington: Signalling a thaw in the bilateral chill between India and the US, President Donald Trump has said he feels “certain” that there will be "no difficulty" for the two countries to come to a “successful conclusion” in trade talks and he looks forward...