Business

Budapest (Hungary):  Hungary will block a planned 90-billion-euro (USD 106-billion) European Union loan to Ukraine until the flow of Russian oil through the Druzhba pipeline resumes, Hungary's foreign minister said. Russian oil shipments to Hungary and Slovakia have been interrupted since January 27, after Ukrainian...

New Delhi: The US, UK, China, and France are among 88 countries and international organisations to endorse 'New Delhi Declaration on AI Impact', with its adoption marking a significant milestone in global cooperation on artificial intelligence, an official release said Saturday. On the principle of...

New Delhi: India and Brazil Saturday set an annual bilateral trade target of USD 30 billion by 2030 even as Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva discussed implications of the US Supreme Court striking down Trump administration's reciprocal tariffs....

New Delhi: The Indian government is studying the developments on the US tariffs and their implications, the Commerce Ministry said Saturday. "We have noted the US Supreme Court judgement on tariffs yesterday (Friday). US President Donald Trump has also addressed a press conference in this...

Bhubaneswar Excise Minister Prithviraj Harichandan, Saturday announced in the House that liquor will soon be sold in tetra packs instead of glass bottles. Replying to a question from Sanatan Mahakud, Harichandan said thick paper-based cartons, similar to fruit juice packs, will replace glass bottles. The...

New Delhi: India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping...

New York: Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law, and Trump vowed to work around the ruling to keep his tariffs in place. The Trump administration says its...

New Delhi: Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva held a bilateral meeting at Hyderabad House in New Delhi Saturday, focusing on further strengthening bilateral ties. Earlier in the day, the Brazilian President also paid tributes to Mahatma Gandhi at...

Washington: The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion. The goods and services deficit rose to $70.3 billion in December, up from $53.0 billion in November, revised, the U.S. Census Bureau and...

New York/Washington: US President Donald Trump said "nothing changes" in the trade deal with India in the wake of the Supreme Court verdict against his sweeping tariffs, as he responded to the ruling by announcing an additional 10 per cent global levies on items imported...