Business

New Delhi: The government Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices have come down in...

Mumbai: The rupee declined 38 paise -- steepest in more than five weeks -- to settle at 85.82 (provisional) against the US dollar Monday amid the wide-spread global turbulence over escalated tariff war and fear of a global economic slowdown. A steep decline in crude...

New Delhi: Government Monday hiked excise duty on petrol and diesel by Rs 2 per litre each but there will be no change in retail prices as the increase will be adjusted against the price cut that was warranted because of falling international oil prices....

Bangkok: China Monday accused the US of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete actions” to resolve the tariffs. Putting “America First” over international rules harms the stability of global production and the...

Mumbai: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9), SBI Research Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100...

New Delhi: Imagine Marketing, the parent company of wearables brand boAt, has filed draft papers with the markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route. The confidential pre-filing route allows the company to withhold public disclosure of details under...

New Delhi: Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said Monday. The last financial year saw growth in sales of passenger...

New Delhi: India's merchandise exports to the US from sectors such as marine items, gold, electrical, and electronics are expected to decline by USD 5.76 billion this year due to increased American duties, according to the data analysis of think tank GTRI. However, it added...

Bangkok: Asian shares nosedived Monday after the meltdown Friday on Wall Street over US President Donald Trump's tariff hikes and the backlash from Beijing. US futures also signaled further weakness. The future for the S&P 500 lost 2.5per cent while that for the Dow Jones...