Business

Beijing: India has announced resuming issuance of tourist visas to Chinese nationals from this week, a move that comes as part of efforts to repair bilateral ties that came under severe strain following the military clashes in Galwan Valley. India had suspended issuance of tourist...

Bangkok: US President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher tariffs on their exports to the United States. A deal with China is under negotiation,...

New Delhi: The government has approved six semiconductor manufacturing projects so far with a cumulative investment of around Rs 1,55,000 crore, which are expected to generate more than 27,000 direct job opportunities, the Parliament was informed Wednesday. The government introduced the 'Semicon India Programme’, with...

Mumbai: Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday following a positive trend in Asian markets after Japan secured a trade deal with the US. The 30-share BSE Sensex jumped 539.83 points or 0.66 per cent to settle...

New Delhi: Infosys Wednesday reported an 8.7 per cent increase in consolidated net profit in the June quarter to Rs 6,921 crore, as India's second-largest IT services firm forecast a 1-3 per cent revenue growth for the full FY26. The Bengaluru-headquartered firm had logged a...

Mumbai: India's economic activities held up during June-July amidst geopolitical tensions and tariff policy uncertainties, Reserve Bank's Bulletin said Wednesday. An article on 'State of the Economy' in July Bulletin said the global macroeconomic environment remained fluid in June and July so far amidst geopolitical...

New Delhi: The Enforcement Directorate Wednesday said it has registered a FEMA case against Flipkart-backed e-commerce platform Myntra, linked companies and directors for FDI ‘contravention’ of over Rs 1,654 crore. The complaint has been filed under Section 16(3) of the Foreign Exchange Management Act after...

Islamabad: Pakistan secured a record $26.7 billion in foreign loans during the last fiscal year, according to a media report that said it indicates the country's deepening dependence on multilateral and bilateral creditors. Nearly half of these loans were in the form of rollovers of...

New Delhi: The Asian Development Bank (ADB) Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the...

New Delhi: Gold prices climbed Rs 1,000 to regain the Rs 1 lakh per 10 grams level in the national capital Tuesday due to strong buying by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity soared four-week...