Business

Islamabad: Pakistan and Turkiye Wednesday agreed to boost their cooperation in a range of sectors, including defence, trade, energy and infrastructure, aiming to enhance bilateral trade volume to USD 5 billion. This was agreed during talks between Turkiye's Foreign Minister Hakan Fidan and Defence Minister...

Dubai: The UAE's Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has denied the media reports relating to the country granting lifetime Golden Visas to certain nationalities. Some media reports had claimed that a nomination process has been put in place by the...

Mumbai: Stock markets closed lower Wednesday due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Dragged by late selling, the 30-share BSE Sensex fell by 176.43 points or 0.21...

New Delhi: In line with its vision to become an engine of growth and diverting from an oil-based economy, the United Arab Emirates (UAE) has restructured its visa programme to offer renewable residency of up to 10 years for investors, entrepreneurs, scientists, doctors, athletes and...

New Delhi: iPhone maker Apple has elevated Indian-origin Sabih Khan to the position of chief operating officer, the company said Wednesday. Khan, who will take over the role from Jeff Williams later this month, has been at Apple for 30 years and joined the executive...

New Delhi: Employees and workers affiliated with 10 central trade unions went on a day-long strike Wednesday, but essential services remained unaffected. There were reports of the strike impacting a select few services in Kerala, Jharkhand, and Puducherry. The forum has claimed that 25 crore...

New York: US President Donald Trump doubled down on his threat to charge BRICS members an additional 10 per cent tariff and alleged that the group was “set up to degenerate our dollar”. Speaking to reporters as he presided over a Cabinet meeting Tuesday, Trump...

Taipei: China imposed export controls Wednesday on eight companies tied to Taiwan's military as the self-ruled island started annual military exercises. China's Commerce Ministry added eight Taiwan-based firms including aerospace and shipbuilding companies, to an export control list, citing national and regional security concerns. The...

Mumbai: Benchmark BSE Sensex closed higher by 270 points Tuesday, helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. The 30-share barometer rose by 270.01 points or 0.32 per cent to settle at 83,712.51 with...

Mumbai: Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement Tuesday. Electric passenger vehicle sales, as per...