Business

New Delhi: India has asserted that trade issues with the US should be resolved through bilateral trade negotiations rather than unilateral measures, urging the USTR to reconsider its proposed 12.5 per cent tariff, citing inconsistencies in its Section 301 investigation into forced labour concerns. Participating...

New Delhi: The Enforcement Directorate (ED) on Saturday said it has issued a fresh order to attach assets worth Rs 1,021 crore as part of a money laundering investigation against the Reliance Anil Ambani Group. The provisional order, issued under the Prevention of Money Laundering...

Sacramento: Apple Friday accused OpenAI of stealing trade secrets as it seeks to build its own hardware for ChatGPT, a major rupture in a partnership between the iPhone maker and the artificial intelligence company. Apple said in the lawsuit filed in a California federal court...

New Delhi: A recovery in global oil demand from a low of 97.9 million barrel per day (mb/d) in May (a decline of 5.3 mb/d year-on-year) is underway and by October, the International Energy Agency (IEA) expects global demand to be up by more than...

Colombo: Indian High Commissioner to Sri Lanka Santosh Jha met a visiting business delegation from India and discussed ways to expand economic partnership, noting that bilateral trade has surpassed USD 7 billion. Driving export growth, deepening economic ties! Pleased to meet the 31-member business delegation...

New Delhi: Food regulator FSSAI Saturday said it has issued 9 notices to quick-commerce platform Swiggy Instamart following several consumer complaints, including of alleged supply of rotten and expired food products, against the platform. In a social media post on X, Food Safety Standards Authority...

Auckland: India and New Zealand Saturday announced the creation of a Strategic Partnership and unveiled a comprehensive 'India-New Zealand Strategic Partnership: Roadmap to 2030' to guide cooperation across key areas including political engagement, defence and security, trade, education, science and technology, culture and regional cooperation....

New Delhi: India's electric vehicle (EV) components market is expected to expand eightfold to around Rs 3.55 lakh crore over the next seven years, from Rs 41,000 crore in 2025, according to an industry report. This forecast comes from the newly released 'India Electric Vehicle...

New Delhi: After WhatsApp, messaging platform Telegram has also submitted its reply to the IT Ministry's notice on the 'username' feature, according to sources. Submissions of both WhatsApp and Telegram are currently being examined by the government, sources told PTI. The username feature essentially allows...

New Delhi: Centre has withdrawn the licensing exemption for medicinal formulations containing more than 12 per cent of ethyl alcohol and brought them under stricter regulatory oversight, including mandatory licensing and prescription-only sale, to curb misuse and prevent diversion for intoxication, officials said. Certain medicinal...