Business

New Delhi: India Friday extended the closure of its airspace for flights operated by Pakistan airlines by another month till June 23, according to sources. The ban imposed April 30 as part of various measures taken by the government against Pakistan in the wake of...

New Delhi: India has urged member nations of BRICS group to dismantle export controls within the bloc to boost trade, an official statement said Friday. Representing India at the 15th BRICS trade ministers' meeting in Brazil, Economic Adviser in Department of Commerce Yashvir Singh emphasised...

Washington: Markets on Wall Street and in Europe declined rapidly early Friday morning after President Donald Trump posted a pair of tariff threats on social media, one aimed at Apple and the other at the European Union. Futures for the S&P 500 and the Dow...

Mumbai: The Reserve Bank Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24. The Reserve Bank had transferred Rs 2.1 lakh crore dividend...

Washington: President Donald Trump Friday threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America. The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with...

Mumbai: Benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent Friday, propelled by buying in market heavyweights Reliance Industries, HDFC Bank and ITC. After a flat start to the trade, the 30-share BSE benchmark bounced back and surged 769.09 points or 0.95...

New Delhi: India will make a strong case with FATF to revert Pakistan to its "grey list" for failure to comply with anti-money laundering and terror financing rules, a government source said. "We will be taking it up (with the FATF)," the source said when...

New Delhi: Aviation watchdog DGCA Friday said the crew of the IndiGo flight from the national capital to Srinagar Wednesday had sought permission to enter Pakistan airspace to avoid turbulence, but the request was rejected. In a detailed statement about the incident, the Directorate General...

New Delhi: Commerce and Industry Minister Piyush Goyal Friday held his second meeting with US Commerce Secretary Howard Lutnick in Washington to discuss the proposed bilateral trade agreement currently under negotiation between the two countries. On May 20 also, Goyal held a meeting with Lutnick...

New Delhi: Amid India’s objections to the International Monetary Fund bailout package to Pakistan, the IMF has said the debt-ridden country "met all the required targets" to receive the latest loan installment. The IMF recently gave the nod to a $ 1 billion (over Rs...