Business

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...

New Delhi: The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States. In its earlier notification, DoP had decided to temporarily suspend booking of all types of postal articles, except...

New Delhi: In today's era of terrorism, regional conflicts and tariff war, India's military can't afford to depend on uncertain foreign supplies and self-reliance in defence is central to shield the country's strategic autonomy, Defence Minister Rajnath Singh said Saturday. In an address at a...

Noida: Union Electronics and IT Minister Ashwini Vaishnaw Saturday inaugurated the country's first tempered glass factory set up by Optiemus Infracom in Noida. Optiemus has partnered with US material technology firm Corning for making the tempered glass that are used as protective layer for mobile...

New Delhi: Commerce ministry is working on short, medium, and long-term action plans to help exporters deal with the steep 50 per cent US tariffs imposed on Indian goods entering Washington, an official said. Several special economic zone policy flexibility norms are also under consideration,...

New Delhi: The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by...

New Delhi: Opposition-ruled states have extended their support to cut the number of GST rate slabs and the rates for mass consumption items, while demanding a mechanism to ensure the benefits get passed on to consumers, Congress leader Jairam Ramesh said Saturday. He also said...

Bhubaneswar: Amidst resentment among farmers over alleged scarcity of fertilisers in the state, BJD chief Naveen Patnaik Saturday sought the Centre's intervention in the matter and demanded adequate supply of urea during the current kharif season. Patnaik's appeal came following reports of farmers hitting the...