Business

Mumbai: India's current account balance recorded a surplus of USD 13.5 billion (1.3 per cent of GDP) in January-March quarter of 2024-25 as compared with USD 4.6 billion (0.5 per cent of GDP) in the year-ago period, RBI said Friday. The current account was in...

New Delhi: The Parliamentary Committee on Transport has summoned Boeing executives, Air India representatives, the Civil Aviation Secretary, and DGCA officials for a discussion on air safety issues related to the tragic Boeing Dreamliner crash within seconds of take-off from the Ahmedabad airport. The meeting...

Mumbai: Equity benchmark indices Sensex and Nifty advanced for the fourth straight session Friday, supported by buying in blue-chips ICICI Bank and Reliance Industries amid fresh foreign fund inflows. A strengthening rupee against the US dollar and softening crude oil prices in international markets also...

New Delhi: For many, the world of investing can seem complex and intimidating, especially for first-time investors. With countless options, market volatility, and jargon-heavy communication, the journey often begins with hesitation. However, a Systematic Investment Plan (SIP) simplifies this process by offering a structured, long-term,...

New Delhi: Any trade agreement with the US must not be politically driven or one-sided and India should protect its farmers, digital ecosystem, and policy space, economic think tank GTRI said Friday. With India's chief trade negotiator in Washington DC and the clock ticking, the...

Bangkok: The US and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon have a deal with India. Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided...

Washington: US President Donald Trump said a "very big" trade deal is on cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries. “We are having some great deals. We have one coming up,...

Mumbai: The Securities and Exchange Board of India (SEBI) Wednesday imposed a penalty of Rs 25 lakh on BSE Ltd for violation of norms related to dissemination of price-sensitive information by corporates, weak supervision of broker trades, and laxity in taking action. The punitive action...

Mumbai: Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said Wednesday. The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and...

New Delhi: Mukesh Ambani and Gautam Adani have partnered to sell automotive fuels by leveraging each other's fuel retail networks -- marking the second business collaboration between the two billionaire industrialists. Ambani's fuel venture with UK's BP, Jio-bp, will set up petrol and diesel dispensers...