Business

New Delhi: The Seafood Export Association of India has approached the ministries of commerce and finance to seek emergency financial support as USD 2 billion worth of shrimp exports to the US face severe disruptions due to increased tariffs imposed by President Donald Trump, a...

New Delhi: The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking the biggest hit, following a bearish trend in equities. Extending losing streak for the sixth consecutive week, the BSE benchmark...

New Delhi: Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in...

New Delhi: India should consider whether the cheap oil imports from Russia are 'worth it' after the Trump administration announced an additional 25 per cent tariff on Indian goods, Nobel laureate Abhijit Banerjee has said. Last week, US President Donald Trump signed an executive order,...

New Delhi: Indian refiners, the world's biggest user of Russian oil, can operate without supplies from Moscow from a technical standpoint, but the shift would involve major economic and strategic trade-offs, analysts said. Russian crude supports high distillate yields - the share of crude converted...

New Delhi: As India-US trade talks stall, the resilience of India's economy is a cornerstone of its ability to weather these tariff pressures with minimal disruption, as over the past decade, the country has transformed into a diversified economic powerhouse, bolstered by strategic reforms and...

Mumbai: Indian bullion prices ended marginally higher this week amid global market cues and higher festive demand. By mid-week, gold prices saw a significant dip, with the price of 24-carat gold dropping by Rs 91, but the price inched up higher toward the weekend. Despite...

New Delhi: ICICI Bank has raised the monthly minimum average balance requirement for all customer segments, effective August 1. Customers in metro and urban locations who opened their savings accounts on or after August 1 have to maintain Rs 50,000 monthly average balance to avoid...

New Delhi: The conclusion and signing of the proposed free trade agreement between India and Oman is expected to be announced soon, an official has said. The trade pact text is being translated into Arabic in Oman. After that, the cabinets of both countries will...

New Delhi: In an exclusive interview with IANS, Brazil's Ambassador to India, Kenneth Felix Haczynski Da Nobrega, emphasised that India and Brazil are working to turn current global economic challenges, especially the tariff hikes imposed by the US, into new opportunities for deeper bilateral cooperation....