Business

New Delhi: Global rating Moody's Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term...

Mumbai: The Reserve Bank's Monetary Policy Committee began its three-day deliberations amid expectations of status quo on the key interest rate, but some experts think that the central bank may settle for a 25 bps cut. The decision of the RBI Governor Sanjay Malhotra-headed six-member...

New Delhi: The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. Murmu would replace M Rajeshwar Rao, whose extended tenure is coming to an end October 8. The Appointments Committee of the Cabinet has...

New Delhi: India continues to hold the top position in global milk production for several years now, and contributes nearly a quarter of the world’s supply, contributing 5 per cent to the national economy and directly employing more than 8 crore farmers, an official statement...

New Delhi: Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said. Macroeconomic data announcements, such as industrial production and HSBC PMI manufacturing data, would also be tracked by...

New York: Commerce Secretary Howard Lutnick has said that the US will have to “fix” countries like Brazil and India, asserting that these nations need to react correctly to America by opening their markets and refraining from actions that could harm American interests. The Trump...

New Delhi: The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities, with IT bellwether Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark tanked 2,199.77 points...

New Delhi: The imposition of a 100 per cent tariff by the US on imports of branded and patented pharmaceutical products starting October 1 may not significantly hurt Indian drug makers, with Sun Pharma being exposed to some headline risk but with limited earnings impact,...

New York: External Affairs Minister S Jaishankar has held a series of high-level bilateral meetings on the sidelines of the 80th United Nations General Assembly session here, engaging with top officials, including UN chief Antonio Guterres and UNGA President Annalena Baerbock. Jaishankar met with UN...

United Nations/New York: The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of “indiscriminate rising" of tariffs, particularly measures used as a means of “coercion”, cautioning that such practices risk marginalising the Global South countries. The BRICS Ministers of...