Business

Mumbai: Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical drugs from next month. The...

New Delhi/Angul: Jindal Steel Friday announced the commissioning of a blast furnace of 5 million tonne per annum (MTPA) capacity at its Angul plant in Odisha as part of the ongoing over Rs 20,000 crore expansion project. The blast furnace with 5,499 m2 (cubic meters)...

London: British citizens and permanent residents will have to produce a mandatory digital identification card in order to get work, the government announced Friday, reviving an idea that has long been controversial in the UK. The government says the plan will help reduce unauthorised immigration...

New Delhi: India and US have discussed various aspects of the proposed trade agreement, and both sides have decided to continue their engagements to achieve early conclusion of a mutually beneficial trade pact, the Commerce Ministry said Friday. Commerce and Industry Minister Piyush Goyal had...

New Delhi: The ties between India and Sri Lanka have reached a point of unprecedented excellence since the visit of President Anura Kumara Dissanayake to India and the following visit of Prime Minister Narendra Modi to Sri Lanka, the island nation's envoy said Friday. Interacting...

New Delhi: Supreme Court Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years. A bench comprising Chief Justice B R Gavai and Justices Satish Chandra...

New Delhi/Jharsuguda: Prime Minister Narendra Modi will unveil state-owned BSNL’s ‘Swadeshi’ 4G stack during his Odisha visit September 27, marking India’s entry into the coveted league of nations that produce and manufacture telecom equipment. The India-made network is cloud-based, future-ready and can upgrade seamlessly to...

Chandigarh: A ceremony for the culmination of operations of Russian-origin MiG-21, whose induction in the early 1960s catapulted the force into the jet age, was underway at the Chandigarh Air Force Station in Chandigarh Friday. Six decades after they were inducted into the force, the...

New Delhi: Indian Pharmaceutical Alliance (IPA) Friday said US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines. Reacting to the development, IPA Secretary General Sudarshan Jain...

Washington: President Donald Trump has said that he will put import taxes of 100 per cent on pharmaceutical drugs, 50 per cent on kitchen cabinets and bathroom vanities, 30 per cent on upholstered furniture and 25 per cent on heavy trucks starting October 1. The...