Business

New York: External Affairs Minister S Jaishankar has said that it is a “very gross oversimplification” and “even misleading at times” to make the India-US relationship about China. Jaishankar was responding to a question on how much of the India-US relationship is defined by its...

New York: External Affairs Minister S Jaishankar has expressed hope that trade negotiations between India and the US would reach a "successful conclusion", emphasising the need for the two countries to find a “meeting ground”. "And I think we'll have to watch this space for...

New York: US President Donald Trump has issued a deportation warning for Tesla and Space CEO Elon Musk who also served as his former advisor, saying the tech billionaire may need to "close up shop" and move back to South Africa in absence of electric...

Mumbai: The Reserve Bank of India (RBI) Monday imposed monetary penalties on two co-operative banks for failing to comply with its regulatory directions. In an order dated June 26, the RBI imposed a penalty of Rs 14.30 lakh on Shree Kadi Nagarik Sahakari Bank Limited,...

New Delhi: The government Monday left interest rates unchanged for various small savings schemes, including PPF and NSC, for the sixth straight quarter beginning July 1, 2025. "The rates of interest on various Small Savings Schemes for the second quarter of FY 2025-26 starting from...

New Delhi: The Railway Ministry issued an official circular Monday increasing fares of non-AC class in mail and express trains by 1 paisa and all AC classes by 2 paise per kilometre from July 1. The ministry officials had earlier June 24 indicated the proposed...

Mumbai: RBI Governor Sanjay Malhotra Monday said financial stability, like price stability, is a necessary condition for boosting economic growth even as he flagged that structural shifts in the global economy are making policy interventions challenging. "Financial sector regulators remain committed to protecting customers, promoting...

Mumbai: Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank said Monday. In its bi-annual Financial Stability Report (FSR), the central bank also said elevated economic and trade policy uncertainties are testing...

Bangkok: World shares started the week mixed, with European markets opening lower, after US stocks closed at an all-time high following their recovery from the shocks of the Trump administration's trade policies. Canada's decision to cancel a plan to tax US technology firms that had...

New Delhi: India's industrial production growth slowed to a nine-month low of 1.2 per cent in May 2025 due to poor performance of the manufacturing, mining and power sectors, according to official data released Monday. The factory output, measured in terms of the Index of...