Business

Mumbai: Benchmark Sensex closed above the 85,000 level for the first time while Nifty settled at a fresh lifetime high Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses. After a see-saw trade during the day, the 30-share BSE...

New Delhi: Petrol and diesel prices may be reduced after October 5, according to CLSA, which has based its report on speculation after comments by Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, suggesting a cut last month. The prices have not changed since...

New Delhi: The Asian Development Bank (ADB) Wednesday retained India's growth forecast for the current fiscal at 7 per cent and said that the economy is expected to accelerate in the coming quarters on improved farm output, and higher Government spending. In its Asian Development...

Pune: The Pune office of Ernst & Young (EY), in news after the death of a woman CA, was functioning since 2007 without a license under the Shops Act, which stipulates employees' welfare among other conditions, an official said Wednesday. This is a violation of...

Bhubaneswar: The Utkal University has signed a Memorandum of Understanding with Northeastern University, Boston to promote student entrepreneurship and innovation. A new programme has been initiated where centres will be established for the programme purpose. A total of 3,000 students will be enrolled in the...

Bhubaneswar: The 131st State Level Single Window Clearance Authority (SLSWCA) meeting, chaired by Chief Secretary Manoj Ahuja, approved 31 projects worth Rs 4,954.26 crore, Tuesday. Addressing media after the meeting, Ahuja said the projects are expected to create around 24,162 jobs, contributing to the region’s...

New Delhi: The government Tuesday extended the existing approval system for import of certain IT hardware products, including laptops and tablets, for three months till December 31. The deadline for review of the system is September 30. These imports stood at $8.4 billion in 2023-24...

Mumbai: Benchmark equity indices ended almost flat in a highly volatile trade Tuesday after the Sensex breached the 85,000 mark for the first time and the Nifty hit the 26,000 level in intra-day due to selling in Hindustan Unilever, Kotak Mahindra Bank and ICICI Bank....

Bhubaneswar: The JSW group is not "withdrawing" its proposed Rs 40,000 crore electric vehicle (EV) and battery project from Odisha, a senior company official said Tuesday. The company's announcement comes after a section of media reported that the JSW group plans to shift its EV...

Bengaluru: India’s tech startup ecosystem secured $7.6 billion funding in the nine months this year, along with witnessing six new unicorns, a report showed Tuesday. Last year only one unicorn was formed in the country. The initial public offering (IPO) numbers have surged, with 29...