Business

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...

Mumbai: Benchmark indices Sensex and Nifty surged nearly 1 per cent Wednesday, tracking a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel. Extending its previous day's rally, the 30-share Sensex jumped 700.40 points...

Islamabad: Pakistan has signed a USD 350 million loan agreement with the Asian Development Bank (ADB) to boost women's financial inclusion and economic empowerment, according to Radio Pakistan. The agreement, under the Women Inclusive Finance (WIF) Sector Development Programme, was inked Tuesday by Sabina Qureshi,...

Mumbai: The Indian benchmark indices opened over 400 points up Wednesday amid positive global cues, as buying was seen in the IT, auto and pharma sectors in the early trade. At around 9.25 am, Sensex was trading 445.6 points or 0.54 per cent up at...

New Delhi: Aviation watchdog DGCA has detected multiple violations related to airlines, airports, aircraft maintenance works, and repeated defects in multiple cases during its surveillance at major airports, an exercise carried out in less than two weeks after the Air India plane crash. Without disclosing...

New Delhi: Finance Minister Nirmala Sitharaman Tuesday said negotiations for the proposed free trade agreements with the US and European Union (EU) are progressing at a fast pace and would be concluded soon. All efforts are being made to boost exports to achieve the ambitious...

Mumbai: Equity benchmarks Sensex and Nifty Tuesday gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid reports of a ceasefire violation between Iran and Israel. In the morning trade, markets bounced back sharply, mirroring a...

New Delhi: India has imposed anti-dumping duty on four Chinese chemicals so far this month to guard domestic players from unfairly priced imports from the neighbouring country. These duties were imposed on -- PEDA (used in herbicide); Acetonitrile (used in pharma sector); Vitamin -A Palmitate;...