Business

New Delhi/Bhubaneswar: The Union Cabinet has approved four semiconductor projects for Odisha, Punjab and Andhra Pradesh, Information & Broadcasting Minister Ashwini Vaishnaw said Tuesday. The proposals have been approved under the India Semiconductor Mission, which has an outlay of Rs 76,000 crore to provide financial...

Mumbai: Benchmark indices Sensex and Nifty ended lower in a highly volatile trade Tuesday dragged down by blue-chip bank stocks and caution ahead of domestic and US inflation data. The 30-share BSE Sensex dropped 368.49 points or 0.46 per cent to settle at 80,235.59. During...

New Delhi: The government Tuesday said no additional tariffs have been imposed on Indian exports to the US in sectors like pharmaceuticals and electronics so far. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said reciprocal...

Bhubaneswar: Odisha government will this year bring a new Resettlement and Rehabilitation (R&R) Policy, which is likely to contain the provision of making land losers stakeholders in the projects. Odisha's Revenue and Disaster Management Minister Suresh Pujari Monday said that the new R&R policy will...

New Delhi: India has signed an agreement with Zambia to promote trade alliances between cooperatives of both nations, Cooperation Minister Amit Shah said Tuesday. The cooperation ministry is working to strengthen India's cooperative export ecosystem through Indian missions abroad, Shah said in a written reply...

New Delhi: India and Singapore are looking at finalising nearly 10 memorandums of understanding in areas such as advanced technology, connectivity, skilling and digitisation during a meeting of their top ministers this week, people familiar with the matter said. The two sides are also in...

Washington: US President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the...

New Delhi: The Lok Sabha Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old direct tax framework with the government seeking to balance investor confidence, taxpayer relief, and administrative efficiency with the new law. The legislation, once enacted, will...

New Delhi: Amid continued Opposition protest, the Lok Sabha Monday passed two important legislations pertaining to taxation -- Income-Tax (No 2) Bill and Taxation Laws (Amendment) Bill. The Income-Tax (No.2) Bill, 2025, seeks to consolidate and amend the law relating to Income Tax Act 1961....

New Delhi: Tata Group-owned Air India Monday said it is suspending its services between Delhi and Washington, D.C., effective from September 1, 2025, due to a combination of operational factors. The airline, which has been facing a myriad of issues since the fatal Boeing 787...