Business

New Delhi: The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally...

New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo...

New Delhi: India on Tuesday sought consultations with the US under the World Trade Organisation's safeguard agreement over American tariffs on auto components. This move comes shortly after India reserved the right to impose retaliatory duties on select US products in response to American tariffs...

Mumbai: Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent Tuesday, weighed down by a widespread selloff amid renewed foreign fund outflows and growing geopolitical uncertainties. The 30-share BSE Sensex tanked 636.24 points or 0.78 per cent to settle at 80,737.51. During the...

Washington: Secretary of Commerce Howard Lutnick has said one should expect a trade deal between India and the US in the ‘not-too-distant future’ as the two countries have found a place that works for them. “So the idea is when they put the right person...

New Delhi: Commerce and Industry Minister Piyush Goyal Monday met French Finance Minister Eric Lombard in Paris and discussed the progress of the India-EU free trade agreement (FTA) negotiations. In a post on X social media platform, Goyal said: “Held a productive meeting with @Eric_R_Lombard,...

New Delhi: The overall coal production in India during May this year reached 86.24 million tonnes (MT), marking an increase of 3.4 per cent over the 83.96 MT produced in the same month of the previous year, according to a Coal Ministry statement issued Monday....

New Delhi: While hiring in the Artificial Intelligence and Machine Learning (AI/ML) sector posted 25 per cent year-on-year growth in May 2025, the broader Information Technology sector saw a decline in job opportunities. According to the Naukri JobSpeak May 2025 report, overall hiring in the...

New Delhi: Maruti Suzuki and Hyundai Motor India Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers,...

Mumbai: Benchmark equity indices Sensex and Nifty Monday ended marginally lower, following sluggish trends in global markets amid renewed global trade concerns. Besides, the Russian-Ukraine conflict, sharp jump in Brent crude oil prices and foreign fund outflows dented investors' sentiment, experts noted. After tumbling 796.75...