Business

Mumbai: Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row Friday as investors' sentiments were plagued due to persistent foreign fund outflows. Markets began the trade on an optimistic note but soon gave up initial gains and...

New Delhi: Wholesale price inflation moderated marginally to 2.31 per cent in January due to the decline in prices of food items, especially vegetables, government data released Friday showed. The Wholesale Price Index (WPI) based inflation was 2.37 per cent in December 2024. It was...

Taipei: Taiwan President Lai Ching-te said Friday he would communicate more with the US over President Donald Trump's concerns over the chip industry and invest more in the US, hours after Trump ordered reciprocal tariffs on trade partners. Trump said Thursday that Taiwan had taken...

Washington: US President Donald Trump announced after talks with Prime Minister Narendra Modi that India will buy more oil, gas and military hardware, including F-35 fighter jets, from America to bring down trade deficit but asserted that Washington will not spare New Delhi from reciprocal...

New Delhi: The Income-Tax Bill, 2025 tabled in Parliament Thursday, marks a significant step toward simplifying the language and structure of the Income-tax Act, 1961 based on global best practices, according to a statement issued by the Finance Ministry. The review has led to a...

Seoul: The head of an investment consulting firm was sentenced to 25 years in prison here Thursday over a massive stock manipulation scheme that rocked local financial markets. The Seoul Southern District Court said it also ordered Ra Deok-yeon, the head of the unregistered firm,...

New Delhi: Finance Minister Nirmala Sitharaman Thursday said the goals of the Union Budget 2025-26 are to accelerate growth, secure inclusive development, and invigorate private sector investments. Replying to a discussion on the general Budget in Rajya Sabha, the minister also said the Budget was...

Mumbai: Fundraising through qualified institutional placements (QIPs) reached an all-time high in India in 2024, with 99 issues raising a massive Rs 1,41,482 crore across sectors, a report said Thursday. QIPs are a capital-raising method for listed companies without having to submit legal paperwork to...

Ahmedabad:  Adani Green Energy Thursday said it is withdrawing from further engagements in the renewable energy (RE) wind energy project and two transmission projects in Sri Lanka. However, it reaffirmed the availability of any development opportunity in the South Asian country. “Adani Green Energy has...

Bhubaneswar: In a strategic move to strengthen the state’s aviation sector, Odisha held the 3rd High Power Committee (HPC) meeting Wednesday at Lok Seva Bhavan, under the chairmanship of Chief Secretary Manoj Ahuja. The meeting focused on expanding regional connectivity, modernising existing airports, and developing...