Business

Bhubaneswar: Odisha government Saturday withdrew the restrictions on three private banks and allowed them to handle state business, according to an official order. The government had June 21 removed HDFC Bank, ICICI Bank, and Axis Bank from the list of empanelled banks due to their...

New Delhi: US authorities have arrested fugitive diamantaire Nirav Modi's younger brother, Nehal Modi, following extradition requests from the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI), officials said Saturday. Nehal Modi, who is the subject of a Red Notice issued by the...

New Delhi/Washington: US President Donald Trump has signed tariff letters on exports from 12 countries, which are expected to be sent out July 7 (Monday). Speaking to the media aboard Air Force One, the US President said the names of the countries which would receive...

Islamabad: Pakistan and Azerbaijan have signed an agreement for investment worth USD 2 billion in diverse sectors of Pakistan's economy. The deal was signed Friday after a bilateral meeting between Prime Minister Shehbaz Sharif and President Ilham Aliyev on the sidelines of the Economic Cooperation...

New Delhi: The government has reduced the toll rates up to 50 per cent for the sections of National Highways that have structures like tunnels, bridges, flyovers or elevated stretches, a move which will lower travelling cost for motorists. User charges at fee plazas on...

Puri: The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change (MoEF&CC) has recently recommended Environmental Clearance (EC) for the proposed Puri International Airport, a flagship infrastructure project of Odisha government, an official statement said Friday. The EAC has recommended environmental...

New Delhi: India does not enter into any trade agreement based on deadlines and will accept the proposed trade deal with the US only when it is fully finalised, properly concluded and in the national interest, Commerce Minister Piyush Goyal said Friday. He also said...

New Delhi: Following a sharp reprimand from India's aviation regulator DGCA, Air India Express on Friday admitted to an error in replacing engine parts on one of its Airbus A320 aircraft and said it has now fixed the issue, along with implementing corrective and preventive...

Karachi: Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed Friday as a “troubling sign” for the country's economy. Microsoft, while closing its office in Pakistan Thursday after...

Mumbai/Jajpur: Tata Steel Friday said that it has received a demand notice of Rs 1,902.72 crore from the Deputy Director of Mines in Jajpur, Odisha. The notice relates to an alleged shortfall in the dispatch of minerals from the company’s Sukinda Chromite Block. According to...