Business

Mumbai: The Reserve Bank Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Unveiling the third bi-monthly monetary policy for 2025-26, RBI Governor Sanjay Malhotra said...

Mumbai: After three successive interest cuts, the Reserve Bank Wednesday decided to keep policy rate unchanged at 5.5 per cent and retained the neutral stance, weighed by concerns over tariff uncertainties. Announcing the third bi-monthly monetary policy of the current fiscal, RBI Governor Sanjay Malhotra...

New York/Washington: President Donald Trump has said that he doesn't know anything about the US imports of Russian uranium, fertilisers and chemicals. Trump made the comments Tuesday while responding to a question on India's statement on American imports of these commodities. “I don't know anything...

Washington/New York: US President Donald Trump warned Tuesday morning that he will impose higher tariffs on India in the next 24 hours for buying Russian oil and reselling products abroad, even though he asserted New Delhi was going to offer zero tariffs. Trump, who announced...

Washington: US President Donald Trump Tuesday said that upcoming tariffs on imported pharmaceuticals could eventually rise as high as 250 per cent, as part of his push to bring drug manufacturing back to the United States. In an interview with CNBC, Trump said the tariffs...

Moscow: Russia Tuesday backed India and while criticising US President Donald Trump over his threats to increase tariffs on New Delhi for buying oil from Moscow, saying that "sovereign nations must have the right to choose their trading partners." Speaking at a regular press briefing...

New Delhi: India Post will discontinue its Registered Post service starting September 1. The move is part of a broader strategy to integrate the service with Speed Post in an effort to modernise operations and improve efficiency, sources said. Registered post has long been known...

New Delhi: The US did not accept India's request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs on steel, aluminium, and related derivative products, Parliament was informed Tuesday. The US has maintained that these measures were introduced on the...

Mumbai: Benchmark stock indices Sensex and Nifty closed lower Tuesday following selling in oil & gas and banking shares ahead of the Reserve Bank's monetary policy announcement August 6. The 30-share BSE Sensex fell by 308.47 points or 0.38 per cent to close at 80,710.25....

New Delhi: Deloitte India Tuesday projected India's economic growth at 6.4-6.7 per cent in the current fiscal citing robust domestic fundamentals and expanding global opportunities. It, however, said that India must monitor its trade exposure and be prepared for the outcomes of geopolitical uncertainties Strategic...