Business

New Delhi: A Parliamentary panel has expressed concerns over several cases of diversion of funds of District Mineral Foundation (DMF) in several states for purposes other than welfare of mining-affected areas. The DMF is a non-profit statutory 'fund' for every Indian district affected by mining-related...

New Delhi: Indian exporters are better positioned to deal with the additional US tariffs as compared to their competitors, who are facing much higher import duties in America, sources said Saturday. They added that sectors that could get impacted like shrimp need to explore new...

New Delhi: Logistic firm Delhivery Saturday said it will acquire a controlling stake in Ecom Express Ltd for a cash consideration of Rs 1,400 crore from its shareholders. Delhivery in an exchange filing said the completion of the transaction is subject to approval from the...

New Delhi: Senior Congress leader Anand Sharma Saturday termed the imposition of tariffs by the US "unfortunate" and "unilateral" and asked the government to take various political parties and stakeholders into confidence saying national interests should be kept foremost while formulating its strategy. Addressing a...

New Delhi: In an effort to address the harms and criminalities being committed through widespread circulation of misinformation and deepfakes powered by AI, the government has once again advised social media platforms on countering unlawful content, including malicious “synthetic media” to curb deepfakes and promptly...

Bhubaneswar: Indian Flight Training Organisations (FTO) have urged the Odisha government to relax the condition of having a turnover of more than Rs 100 crore in the previous three years to qualify in the bidding process for running the Biju Patnaik Aviation Centre (BPAC) in...

In a country where fast-food giants like McDonald’s, Domino’s, and KFC dominate, one homegrown brand—Biggies Burger—is making waves in the Indian burger scene. Behind its phenomenal success is an Odia entrepreneur, Biraja Rout, who turned his passion into a thriving business. Hailing from Keonjhar, Rout...

New York: US companies were getting hammered again in the stock market Friday after China matched President Donald Trump's tariffs in what is a rapidly escalating trade war. Few sectors were spared in trading Friday, a day after US companies lost $2 trillion in value...

Arlington (US): The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday. Powell said in written remarks that the tariffs, and their impacts...