Business

Washington: The US government said Monday it is placing a 17 per cent duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax will help rebuild the shrinking US tomato industry and ensure that...

The lily is one of the most recognisable and symbolically rich flowers in world culture. Its history dates back to ancient times, spanning mythology, religion, art, and the traditions of various civilisations. Over the centuries, the symbolism of the lily has evolved, but its elegance...

New Delhi: The government Monday said that the Income Tax Department initiated a large-scale verification operation across multiple locations in the country, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs). The ongoing verification exercise across 150 premises...

Mumbai: Benchmark stock indices Sensex and Nifty declined Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day,...

New Delhi: Retail inflation slipped to a more than six-year low of 2.1 per cent in June mainly due to subdued prices of food items, including vegetables, pulses, meat, and milk. The Consumer Price Index-based inflation was 2.82 per cent in May and 5.08 per...

New Delhi: An Indian commerce ministry team has reached Washington for another round of talks on the proposed bilateral trade agreement (BTA), which will begin Monday, an official said. Chief negotiator of India and special secretary in the Department of Commerce Rajesh Agrawal will join...

New Delhi: US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said...

Bangkok: China's exports accelerated in June as a reprieve on US tariffs prompted a rush of orders by companies and consumers ahead of an August deadline. Exports climbed 5.8% from a year earlier, up from a 4.8% rise in May. Imports also recovered, growing 1.1%...

New Delhi: Wholesale price inflation (WPI) declined to (-) 0.13 per cent in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed Monday. WPI-based inflation was 0.39 per cent in May. It was 3.43...

New Delhi: Air India CEO and MD Campbell Wilson Monday said AAIB's preliminary report on the Ahmedabad plane crash last month found no mechanical or maintenance issues with the aircraft or engines, and that all mandatory maintenance tasks had been completed. "There was no issue...