Business

Mumbai: The Reserve Bank of India Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices. Consumer Price Index (CPI) based headline retail inflation declined by a...

Mumbai: Indian equity indices opened in the red Wednesday, following their global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI monetary police committee (MPC) decisions — where a 25 bps repo rate cut is likely...

Washington/Beijing: In a sharp escalation of trade tensions, the Trump administration has imposed a 104 per cent tariff on goods imported from China, delivering a major blow to Beijing amid an ongoing trade war between the two economic giants. The White House announced that the...

New Delhi: India and the UAE have signed key agreements to strengthen the bilateral economic partnership during the visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE. It has...

Bhubaneswar: The Odisha government Tuesday signed 13 MoUs including IOCL's Dual-Feed Naphtha Cracker Project and received 15 other proposals worth a total investment of Rs 1.03 lakh crore, which will create employment for over 95,000 people, an official release said here. The MoUs were signed...

Mumbai: RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal Wednesday, the central bank said, amid expectations of a 25 basis points reduction in the short-term lending rate. RBI's Monetary Policy Committee (MPC) headed by Governor Malhotra started its...

Mumbai: The Indian stock markets staged a robust relief rally Tuesday, snapping a three-day losing streak ahead of the Reserve Bank of India's (RBI) monetary policy decision April 9. Both the Sensex and Nifty rose sharply, each gaining around 1.5 per cent by the end...

New Delhi: Tech giant Apple is planning to increase its iPhone exports from India to the United States in an effort to avoid the high tariffs placed on Chinese goods. The US tech giant is considering this move as a temporary solution to reduce the...

New Delhi: Union Finance Minister Nirmala Sitharaman Tuesday said it is heartening to note that nearly 68 per cent of the total Pradhan Mantri MUDRA Yojana (PMMY) loan accounts have been sanctioned to women, becoming a tool for empowerment and enabling them to contribute to...