Business

Mumbai: Benchmark indices rebounded Monday, with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential US Federal Reserve rate cut. Buying in IT stocks were also instrumental in driving the markets higher. The 30-share BSE Sensex...

New Delhi: Fantasy sports company Dream11 is no longer the title sponsor of the Indian cricket team, and the Board has initiated the process to find a replacement, which is unlikely to be finalised in time for next month's Asia Cup. As reported by the...

Bhubaneswar: The Civil Aviation Ministry will restart seaplane operations on at least two routes in India by October, Union Minister Ram Mohan Naidu said in Bhubaneswar Monday. Addressing the Eastern Region Civil Aviation Ministers' Conference, Naidu said, "Seaplane operation was there once, but it was...

New Delhi: Fitch Ratings Monday affirmed India's sovereign rating at 'BBB-', with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. "India's ratings are supported by its robust growth and solid external finances," Fitch...

Bhubaneswar: Airports Authority of India (AAI) Monday opened a Udaan Yatri Café with affordable food and beverage options for travellers at the Biju Patnaik International Airport in Bhubaneswar. Civil Aviation Minister Rammohan Naidu Kinjarapu inaugurated the facility in the presence of MoS Civil Aviation Murlidhar...

New Delhi: India and Fiji Monday firmed up a broad action plan to expand their defence ties following Prime Minister Narendra Modi's extensive talks with his Fijian counterpart Sitiveni Ligamamada Rabuka. India and Fiji may be oceans apart, but our aspirations sail in the same...

New Delhi: Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a USD 7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with...

Bhubaneswar: The Odisha State Cooperative Milk Producers’ Federation (OMFED) has recorded an unprecedented turnover of Rs247 crore in the first quarter of FY 2025 (from April 1 to June 30), marking the highest-ever Q1 performance in its history. During this period, OMFED has also registered...

New Delhi: Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said. Moreover, trading activity of...

New York/Washington: US Vice President J D Vance Sunday said President Donald Trump has applied “aggressive economic leverage” such as “secondary tariffs on India” to force Russia to stop bombing Ukraine. Vance was speaking during an exclusive interview on NBC News' “Meet the Press” when...