Business

New Delhi: The imposition of 25 per cent tariff on US imports plus a penalty from August 1 will dent India's GDP, experts said, expressing hope that it should be mitigated by 'mutually beneficial' trade deal being negotiated with the United States. Higher tariff, if...

New Delhi: India's seafood exports, especially shrimps, will be "severely" impacted due to the imposition of higher US tariff of 25 per cent plus penalty to be effective from August 1, agri-economist Ashok Gulati said Wednesday. US President Donald Trump's decision to impose higher tariff...

New Delhi: The country's largest airline IndiGo Wednesday saw its profit after tax decline 20 per cent to Rs 2,176.3 crore in the three months ended June. The carrier had a profit after tax of Rs 2,728.8 crore in the year-ago period. "Despite a challenging...

Mumbai: Benchmark stock indices Sensex and Nifty ended higher Wednesday, driven by heavy buying in infrastructure major Larsen & Toubro. Rising for the second day, the 30-share BSE Sensex climbed 143.91 points or 0.18 per cent to settle at 81,481.86. During the day, the barometer...

Bangkok: China's top leaders have pledged to help companies slammed by higher US tariffs but held back on major moves after trade talks with the US this week kept businesses and planners in limbo. At their summer economic planning meeting, the powerful Politburo of the...

New Delhi: Prime Minister Narendra Modi will release the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme worth Rs 20,500 crore, from Varanasi, Uttar Pradesh, August 2, benefiting 9.7 crore farmers across the country. The announcement comes as the government's flagship direct...

New York/Washington: India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The...

New York: US President Donald Trump has said the trade deal with India is not finalised, as he stressed that India imposes more tariffs than almost any other country. Trump spoke to reporters Tuesday on Air Force One on his way back to Washington from...

Mumbai: Benchmark equity indices Sensex and Nifty bounced back after a three-day fall, ending higher Tuesday, powered by a rally in blue-chip stocks Reliance Industries and HDFC Bank. The 30-share BSE Sensex jumped 446.93 points or 0.55 per cent to settle at 81,337.95. During the...

New Delhi: The US team will visit India August 25 for the next round of negotiations for the proposed bilateral trade agreement between the two countries, an official said Tuesday. The official added that the two sides continue to be engaged in an interim trade...