Business

New Delhi: Welspun New Energy has signed a pact with the Odisha government to invest Rs 13,500 crore for the development of two clean energy projects in the state, a statement said Tuesday. Under this agreement, Welspun New Energy has committed investments worth Rs 13,500...

New Delhi: The Enforcement Directorate Tuesday said it has seized assets worth Rs 1,000 crore after it recently conducted searches against a Chennai-based company which is alleged to have "fraudulently" acquired coal blocks in Chhattisgarh. The premises of the accused company -- RKM Powergen Private...

Mumbai: Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81...

New Delhi: Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat - legal or otherwise - and that he stands by all its reports. Anderson told...

New Delhi: The trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, sources said. They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US...

Beijing: China countered President Donald Trump's tariffs on Chinese products with tariffs of its own on multiple US imports Tuesday as well as announcing an antitrust investigation into Google and other trade measures. US tariffs on products from Canada and Mexico also were to go...

Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply in early trade Tuesday, mirroring a recovery in Asian markets after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The Trump administration's move to impose tariffs on Canada, Mexico and China...

Tokyo: Tokyo stocks plunged Monday as concerns over the impact of US tariffs on the global economy led to a broad sell-off, particularly in auto stocks. The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed down 1,052.40 points, or 2.66 per cent, to...

Mumbai: The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the...

New Delhi: Congress MP and the Leader of Opposition (LoP) Rahul Gandhi Monday made a rare praise for the ‘Make In India’ program, even commending the Prime Minister Narendra Modi for bringing in the ‘good idea’ but then went to disapprove it by calling it...