Business

Karachi: The Pakistan Stock Exchange crashed Monday in the wake of military action in Afghanistan and countrywide protests by an extremist religious party, creating uncertainty among investors. The KSE-100 index plunged nearly 3,000 points at the opening, falling to 160,126 from Friday's close of 163,000,...

New Delhi: India and the US are making headway in their negotiations to conclude the first tranche of the proposed Bilateral Trade Agreement (BTA) as a team of Indian officials is likely to leave for Washington, DC, this week for further talks on the issue....

Stockholm: Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel Memorial Prize in economics Monday for “having explained innovation-driven economic growth.” Mokyr is from Northwestern University, Aghion from the College de France and the London School of Economics, and Howitt from Brown University. The...

Chennai: The manufacturing licence of Tamil Nadu-based Sresan Pharmaceutical company, involved in making the adulterated cough syrup Coldrif, has been completely revoked, and the company has been ordered to shut down, the state government informed Monday. The state Drug Control Department officials had found during...

New Delhi: A team of senior officials from India will visit the US this week for trade talks and negotiations on the proposed bilateral trade agreement are progressing well, a top official said Monday. In February this year, leaders of the two countries directed officials...

Mumbai: Gold’s dream run continues in 2025, with experts predicting that prices could climb as high as Rs 1.3 lakh per 10 grams this Dhanteras and even reach Rs 1.5 lakh by early 2026. The surge is being driven by global economic uncertainty, strong central...

New Delhi: Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides quarterly earnings from blue-chip HCL Tech, Infosys and Reliance Industries, which would also drive the momentum in equities, analysts said. Moreover, global market...

Mumbai: Aviation safety regulator DGCA has directed Air India to reinspect the RAT (emergency power source) for stowage on all aircraft whose power conditioning module was replaced by the Tata Group-owned airline in recent times. At the same time, the aviation safety regulator has sought...

Beijing: China Sunday hit out at the US over its decision to impose 100 per cent tariffs on Chinese goods, calling Washington's move a display of "double standards". Beijing said it would take a "just and reasonable principled position" and continue implementing export control measures...

Bhubaneswar: Prime Minister Narendra Modi Saturday virtually laid the foundation stones for two fishery projects worth around Rs 160 crore in Odisha. He laid the foundation stones for the fishery projects while launching the Rs 24,000-crore Pradhan Mantri Dhan Dhaanya Krishi Yojana (PM-DDKY) and a...