Business

New Delhi: US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. The watchdog is examining the request, Sebi said...

Bangkok: China's exports accelerated in June as a reprieve on US tariffs prompted a rush of orders by companies and consumers ahead of an August deadline. Exports climbed 5.8% from a year earlier, up from a 4.8% rise in May. Imports also recovered, growing 1.1%...

New Delhi: Wholesale price inflation (WPI) declined to (-) 0.13 per cent in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed Monday. WPI-based inflation was 0.39 per cent in May. It was 3.43...

New Delhi: Air India CEO and MD Campbell Wilson Monday said AAIB's preliminary report on the Ahmedabad plane crash last month found no mechanical or maintenance issues with the aircraft or engines, and that all mandatory maintenance tasks had been completed. "There was no issue...

New Delhi: In an event-heavy week, stock investors will track quarterly earnings of several bluechip firms, the likely outcome of ongoing India-US trade talks, and inflation data for market cues, analysts said Sunday. Moreover, global market trends and trading activity of foreign investors would also...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Sunday said he held a “fruitful” discussion with Prime Minister Narendra Modi in New Delhi to accelerate development projects in the state. Speaking to media persons at the airport in Bhubaneswar after returning from Delhi, Majhi said he...

Mumbai: The Indian Commercial Pilots' Association (ICPA) Sunday said the crew of the AI 171 flight that crashed last month acted in line with their training and responsibilities under challenging conditions, and the pilots should not be vilified based on conjecture. Strongly rejecting insinuations in...

New Delhi: Large-scale electronics manufacturing and pharmaceuticals cornered about 70 per cent of the total fiscal incentive disbursements in 2024-25 under the production-linked incentive (PLI) schemes, according to government data. The scheme was introduced in 2021 to support domestic manufacturing across 14 sectors with an...

New Delhi: The combined market valuation of eight of the top 10 valued firms eroded by Rs 2.07 lakh crore (Rs 2,07,501.58 crore) last week, with Tata Consultancy Services and Bharti Airtel emerging as the worst hit. Last week, the benchmark BSE Sensex dropped 932.42...

Bridgewater(US): President Donald Trump Saturday announced he's levying tariffs of 30 per cent against the European Union and Mexico. Trump announced the tariffs on two of the United States' biggest trade partners in letters posted to his social media account. In his letter to Mexico's...