Business

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...

Mumbai: India’s frontline equity indices Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors' sentiment. After the opening bell, the Nifty 50 was trading 467 points or 2.05 per cent higher at 23,295.55, and the Sensex was...

New Delhi: The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final...

New Delhi: The country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points following the Reserve Bank's policy rate cut, making loans cheaper for both existing and new borrowers. With the latest round of reduction, the Repo Linked...

Brussels: The Belgian Federal Public Service (FPS) of Justice Monday confirmed the arrest of fugitive diamantaire Mehul Choksi, who is wanted in connection with the Punjab National Bank (PNB) loan fraud case in India, revealing that the Indian authorities have already introduced an extradition request...