Business

New Delhi: Investigative portal Cobrapost Thursday alleged Anil Ambani's Reliance Group had committed a massive financial fraud exceeding Rs 41,921 crore through diversion of funds from group companies since 2006 - a charge the group denied as a malicious campaign aimed at crashing stock prices....

Mumbai: Equity markets fell sharply Thursday, with the Sensex tumbling 592.67 points and the Nifty declining to 25,877.85 level, as fresh foreign fund outflows and no clarity on the future course of rate action by the US Federal Reserve dampened investors' sentiment. The 30-share BSE...

New Delhi: The US has granted India a six-month waiver from American sanctions on the Chabahar port project, the Ministry of External Affairs (MEA) said Thursday. MEA spokesperson Randhir Jaiswal also said that India's talks with the US for a trade deal are continuing. At...

New Delhi: China Thursday announced that it will suspend certain export restrictions, including export control on rare earth minerals, for one year. The development came after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to ease trade tensions between the world's two...

Bhubaneswar: Odisha government has signed an MoU for the development and operation of two national waterways, an official statement said. The agreement was signed Tuesday during the India Maritime-2025 in Mumbai among the Inland Waterways Authority of India (IWAI), the Odisha government, Paradip Port Authority...

A large share of Indian households continues to face medical costs without a safety net. Hospital bills can arrive without warning, savings get stretched, and families often delay treatment. The protection gap is stark, and it shows up most clearly when a sudden admission or...

Washington: Weeks after raising H1B visa fees to USD 100,000, the US authorities announced the end of automatic extension of Employment Authorisation Documents (EAD) for foreigners, in a move likely to impact a large number of Indian immigrants and workers. In its latest efforts to...

Busan: President Donald Trump described his face-to-face with Chinese leader Xi Jinping Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans. The president told reporters...

Washington: US Federal Reserve Wednesday lowered its benchmark lending rate by a quarter percentage point, bringing the target range to 3.75 per cent to 4 per cent, as policymakers grapple with limited economic data due to a federal government shutdown. The rate cut marks the...

Busan(South Korea): President Donald Trump met face-to-face with Chinese leader Xi Jinping Thursday, a chance for the leaders of the world's two largest economies to stabilise relations after months of turmoil over trade issues. Trump's aggressive use of tariffs since returning to the White House...