Business

New Delhi: Indian economy has the look and feel of "steady as she goes" for the current fiscal, the Finance Ministry said Monday even as it flagged slowing credit growth. In its monthly economic review, the ministry said the first quarter of fiscal 2025-26 (FY26)...

New Delhi: IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources. Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help...

New Delhi: India's industrial production growth slowed to a 10-month low of 1.5 per cent in June 2025 due to poor performance of mining and power sectors, which were impacted by early arrival of monsoon and rains, according to official data released Monday. The factory...

New Delhi: India is expected to forego customs revenue of Rs 4,060 crore in the first year of the free trade agreement with the UK, as tariffs are reduced or eliminated on a wide range of goods, think tank Global Trade Research Initiative (GTRI) said...

New Delhi: Promising reserves of rare earth elements have been found in the Singrauli coalfields of Madhya Pradesh, Parliament was informed Monday. Rare earth elements (REE) are a group of metallic elements like scandium and yttrium that are used in modern technologies such as clean...

Mumbai: Stock markets declined for the third day Monday, with benchmark indices Sensex and Nifty tumbling nearly 1 per cent following heavy selling in Kotak Mahindra Bank and uncertainty related to the India-US trade deal. The 30-share BSE Sensex tanked 572.07 points or 0.70 per...

New Delhi: Billionaire Elon Musk-led satellite communication services provider Starlink can have only 20 lakh connections in India, Union Minister Pemmasani Chandra Sekhar said on Monday, playing down the threat to state-run BSNL and other telecom players. The Minister of State for Telecom was speaking...

Washington: When top US and Chinese officials meet in Stockholm, they are almost certain to agree to at least leaving tariffs at the current levels while working toward a meeting between their presidents later this year for a more lasting trade deal between the world's...

Edinburgh: The United States and the European Union agreed Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher imports on both sides that might have sent shockwaves through economies around the globe....

Brussels: A senior European lawmaker has sharply criticised a draft trade agreement between the European Union (EU) and the United States, warning that it could undermine the bloc's economic stability and job security. Bernd Lange, chair of the European Parliament's Committee on International Trade, described...