Business

New Delhi: The Indian government Monday said that the targeting of the country by the US over Russian oil purchase is unjustified and unreasonable, after American President Donald Trump threatened to impose hefty tariffs on New Delhi. An official statement said that like any major...

New York/Washington/New Delhi: In a fresh trade threat against India, President Donald Trump on Monday said he will "substantially" raise US tariffs on New Delhi, accusing it of buying massive amounts of Russian oil and selling it for big profits. Last week, the Trump administration...

New Delhi: Gold prices climbed Rs 400 to Rs 98,020 per 10 grams in the national capital Monday due to fresh buying by stockists, according to the All India Sarafa Association. Friday, the precious metal of 99.9 per cent purity had closed at Rs 97,620...

New Delhi: Moody's Ratings Monday said curtailed access to the US market will diminish prospects for India to develop its manufacturing sector, but the country's domestic demand will remain resilient to these external pressures. US President Donald Trump has announced a 25 per cent duty...

New Delhi: Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive...

Islamabad: Pakistan and Iran agreed Sunday to increase bilateral trade to USD 8 billion annually, taking advantage of their geography and the “discount of distance,” as trade ministers from the two countries held discussions to deepen economic and political ties. The agreement was reached during...

New Delhi: Union Textiles Minister Giriraj Singh will meet industry stakeholders next week to deliberate upon the potential impact of US President Donald Trump's announcement to impose a 25 per cent tariff on India and seek their views on the issue, according to sources. The...

New Delhi: The combined market valuation of seven of the 10 most valued firms eroded by Rs 1.35 lakh crore last week, with Tata Consultancy Services (TCS) taking the biggest hit. Last week, the BSE benchmark tanked 863.18 points or 1.05 per cent. TCS, Bharti...

New Delhi: India's annual oil import bill could rise by USD 9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer...

New Delhi: Indian exporters from various sectors, including food, marine, and textiles, have sought financial assistance and affordable credit from the government to cope with the 25 per cent Trump tariff, industry officials said. In a meeting with Commerce and Industry Minister Piyush Goyal in...