Business

New Delhi: Indian manufacturing sector witnessed the fastest improvement in operating conditions in over 17 years in August, driven by an increased production efficiency and healthy demand conditions, a monthly report said Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from...

New Delhi: Equity markets this week would keenly track the upcoming GST Council meeting, macroeconomic data announcements and trading activity of foreign investors for further movement, analysts said. Moreover, developments related to tariff negotiations, global market trends and auto sales data would also drive investors'...

Bhubaneswar: Amid farmers' protest over alleged scarcity of urea in some parts of Odisha, the state government Sunday closed 30 fertiliser shops and suspended licences of 62 dealers during enforcement drives, an official statement said. To check the black marketing and stolen or fake fertilisers,...

New Delhi: Online gaming platform Mobile Premier League (MPL) is going to significantly downsize its team in India, after the money games were banned under the new online gaming legislation. According to an internal email sent by MPL CEO Sai Srinivas to employees, “with a...

Tianjin: Prime Minister Narendra Modi met Turkmenistan President Serdar Berdimuhamedow on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in China's Tianjin on Sunday and discussed perspectives on various issues. "Exchanged perspectives on diverse issues with Mr. Serdar Berdimuhamedow, President of Turkmenistan during our...

New Delhi: Motor vehicle tax is compensatory in nature and if a vehicle is not used or not kept for use in a 'public place', then its owner should not be burdened with motor vehicle tax for such period, the Supreme Court has said. A...

New Delhi: India is pushing rice exports to the world's largest importer of the commodity -- the Philippines -- and to tap the opportunity, a large delegation of leading exporters will visit the Southeast Asian nation next month, an official said. The Philippines is an...

New Delhi: Foreign investors pulled out Rs 34,993 crore (around USD 4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double the...

New Delhi: The combined market valuation of eight of the top-10 most valued firms eroded by Rs 2,24,630.45 crore last week, with Reliance Industries and HDFC Bank taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark dropped 1,497.2...

New Delhi: The government is working on an action plan to mitigate the impact of a steep tariff hike of 50 per cent imposed by the US on Indian shipments, Economic Affairs Secretary Anuradha Thakur said. "There are certain employment-heavy sectors which do have exposure...