Business

New Delhi: Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy...

Mumbai: Benchmark stock indices Sensex and Nifty closed marginally higher Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty. Rising for the second day in a row, the 30-share BSE Sensex edged up 63.57 points or 0.08 per cent...

New Delhi: Cabinet Wednesday approved Prime Minister Dhan-Dhaanya Krishi Yojana for a period of six years, covering 100 districts with an annual outlay of Rs 24,000 crore. The programme, announced in the Union Budget, will converge 36 existing schemes and increase adoption of crop diversification...

New Delhi: The government Wednesday permitted state-run NTPC to invest up to Rs 20,000 crore for renewable energy capacity addition to achieve 60 GW capacity by 2032. I&B Minister Ashwini Vaishnaw shared details about the decision taken at the Cabinet Committee on Economic Affairs (CCEA)...

Washington: President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10 per cent on smaller countries, including nations in Africa and the Caribbean. "We'll probably set one tariff for all of them," Trump said, adding that it could be "a...

New York: US President Donald Trump stated that India is working on a trade deal along the same lines as the one he announced with Indonesia, which will provide the US with greater access to the Indian market. Under the deal with Jakarta, there will...

New Delhi: India and the European Union (EU) will hold the next round of negotiations on the proposed free trade agreement (FTA) in September here as both sides have exchanged offers related to the services sectors last week, an official said Tuesday. L Satya Srinivas,...

Mumbai: Stock markets snapped the four-day falling streak Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex...

Mumbai: Domestic passenger vehicle sales declined 1.4 per cent to 10,11,882 units in the first quarter of this fiscal from 10,26,006 in the corresponding quarter of last fiscal, Society of Indian Automobile Manufacturers (SIAM) said Tuesday. Total two-wheelers sales also fell by 6.2 per cent...

New Delhi: India's exports remained unchanged at USD 35.14 billion in June, while trade deficit stood at USD 18.78 billion in the month, the latest government data showed Tuesday. Exports in June last year were at USD 35.16 billion. Imports declined 3.71 per cent year-on-year...