Business

New York: US President Donald Trump has claimed that the tariffs imposed on India for purchasing oil from Russia have influenced Moscow's decision to seek a meeting with Washington, as the country was losing its “second largest customer”. The comments come ahead of Trump's high-profile...

New Delhi: Prime Minister Narendra Modi Friday said the next generation reforms in Goods and Services Tax (GST) will be unveiled by Diwali, which will provide 'substantial' tax relief to common man and benefit small and medium enterprises. Addressing the nation on the 79th Independence...

New Delhi: The status of a US delegation visiting India for the next round of bilateral trade talks will be known closer to the scheduled date of August 25, Commerce Secretary Sunil Barthwal said Thursday. He also said that the two countries are fully engaged...

Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and...

Bhubaneswar: The joint platform of Central Trade Unions, Samyukta Kisan Morcha (United Farmers’ Front), and the Land Rights Movement organised a protest rally Wednesday from Master Canteen to Lower PMG here under the banner ‘Defend National Sovereignty – Stop Corporate Loot,’ condemning Trump’s aggressive tariff...

Bhubaneswar: Odisha government Wednesday decided to set up 38 model mandis (agri marketing yards) in 30 districts of the state in two years with a cost of Rs 300 crore, an official said. At a Cabinet meeting chaired by Chief Minister Mohan Charan Majhi has...

Mumbai: Chief Economic Advisor V Anantha Nageswaran Wednesday said US tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which...

Mumbai: Stock markets rebounded Wednesday with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady US inflation data propelled a sharp rally in global markets. The 30-share BSE Sensex climbed 304.32 points or 0.38 per cent to...

New Delhi: India and Singapore Wednesday explored ways to further expand their bilateral cooperation in areas of advanced technology, trade, connectivity and digitisation during a meeting of their top ministers. The deliberations took place at the third India-Singapore Ministerial Roundtable (ISMR) in New Delhi. External...

New Delhi: Trump tariffs will not have any impact on India's growth, as it is not a trade-oriented economy, and its sovereign ratings outlook will continue to remain positive, S&P Global Ratings Director YeeFarn Phua said Wednesday. In May last year, S&P had upgraded the...