Business

Washington: Hopes for a quick end to the government shutdown were fading Friday as Republicans and Democrats dug in for a prolonged fight and President Donald Trump readied plans to unleash layoffs and cuts across the federal government. Senators were headed back to the Capitol...

New Delhi: Commerce and Industry Minister Piyush Goyal, who was on a three-day official visit to Singapore, met businesses and leaders to discuss ways to boost bilateral trade and investments between the two countries. The minister highlighted India's strong growth trajectory, commitment to investment-led reforms,...

Islamabad: Cash-strapped Pakistan's trade deficit ballooned to $3.34 billion in September, marking a nearly 46 per cent increase from last year, official data showed, as imports surged and exports shrank, increasing pressure on the country's fragile external sector and threatening currency stability. The deficit, up...

Mumbai: Benchmark indices Sensex and Nifty ended higher for the second day in a row Friday, propelled by buying in metal stocks and a rally in global markets. The 30-share BSE Sensex climbed 223.86 points, or 0.28 per cent, to settle at 81,207.17. During the...

New Delhi: Finance Minister Nirmala Sitharaman Friday said the world is facing "profound imbalances" in trade and energy security, and is undergoing a structural transformation, with India standing out as a 'stabilising force' that can withstand external shocks. Sitharaman said geopolitical conflicts are intensifying, and...

Moscow: Russian President Vladimir Putin has ordered to devise measures, including buying more agricultural products and medicines from India, to soften the trade imbalance with India due to heavy crude import by New Delhi. Putin's announcement comes weeks ahead of his visit to India in...

New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments. Cheques deposited from October 4 will be...

Moscow: Russian President Vladimir Putin expressed his anticipation for his upcoming visit to India in early December and has ordered the government to devise measures to soften the trade imbalance with India due to the heavy import of crude by New Delhi. Speaking at the...

Washington: President Donald Trump has seized on the government shutdown as an opportunity to reshape the federal workforce and punish detractors, by threatening mass firings of workers and suggesting “irreversible” cuts to programmes important to Democrats. Rather than simply furlough employees, as is usually done...

New Delhi: Prime Minister Narendra Modi  Wednesday released a special postage stamp and a commemorative coin, which features the first-ever depiction of Bharat Mata on Indian currency, to mark the centenary celebrations of Rashtriya Swayamsevak Sangh (RSS). The Rs 100 coin features the national emblem...