Business

New Delhi: The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country's trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the...

New Delhi: India and US are working to sign the first tranche of a Bilateral Trade Agreement (BTA) to bring down tariffs before the agreed timeline of the Fall of 2025 as the terms of reference for the pact have already been finalised. "India and...

New Delhi: The Indian Institute of Technology-Delhi (IIT-Delhi) Tuesday announced that it has partnered with Micron Technology, Inc. to promote advanced research in electronic materials and artificial intelligence (AI)-driven modelling. This collaboration, formed through IIT Delhi's Corporate Relations office, aims to strengthen the link between...

New Delhi: Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent...

Mumbai: Benchmark equity indices Sensex and Nifty surged over 2 per cent Tuesday, tracking a rally in global markets after US President Donald Trump relaxed some of the tariffs on electronics products and hinted at duty revision for automobiles. Rallying for the second straight session,...

New Delhi: India's exports grew marginally by 0.7 per cent to USD 41.97 billion in March, while the trade deficit stood at USD 21.54 billion in the month, the latest government data showed Tuesday. Imports increased by 11.3 per cent year-on-year to USD 63.51 billion...

New Delhi: Major Asia Pacific economies like India, China, and Japan, will see growth fall by 0.2-0.4 percentage points (ppts) over the next two years if the US implements the reciprocal tariffs announced on April 2, S&P Global Ratings said on Tuesday. It said that...

New Delhi: Passenger vehicle dispatches in India from factories to dealers rose to record levels at over 43 lakh units in FY25, with utility vehicles accounting for 65 per cent of the total sales in the segment, industry body SIAM said Tuesday. Passenger vehicle (PV)...

New Delhi: Wholesale price inflation eased to 2.05 per cent in March, as against 2.38 per cent in February, government data showed Tuesday. The wholesale price index (WPI) based inflation, however, rose year-on-year. It was 0.26 per cent in March 2024. "Positive rate of inflation...

Bengaluru: The Karnataka High Court has directed Google India and three of its senior executives to deposit 50 per cent of the penalties imposed for alleged Foreign Exchange Management Act (FEMA) violations, as bank guarantees. The Enforcement Directorate (ED) had earlier levied a penalty of...