Business

New Delhi: India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21. Indian refiners accounting for more than half of the country's import of Russian crude oil, which is turned...

New Delhi: State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs)...

New Delhi: US tech giant Google announced Wednesday a two-week programme under Google for Startups India to equip early-stage founders, startup teams, and aspiring entrepreneurs in developing launch-ready AI prototypes with Google's AI tools. The attendees will be equipped with the essential tools and knowledge...

New Delhi: India became the world's second-largest gold consumer with 802.8 tonnes of demand in 2024, accounting for 26% of global consumption, while the Reserve Bank of India's gold reserves increased to 880 tonnes, according to an SBI Research report released Wednesday. Domestic supply of gold...

New Delhi: In a partial relief to WhatsApp, the appellate tribunal NCLAT Tuesday set aside a section of a Competition Commission of India (CCI) order that had banned the instant messaging app from sharing data with Meta Platforms for advertising purposes for five years, but...

New Delhi: Finance Minister Nirmala Sitharaman Tuesday exuded confidence that the government will meet the fiscal deficit target of 4.4 per cent of the GDP for the year ending March 2026. The Union Budget presented in Parliament in February by the Finance Minister had pegged...

Mumbai: Equity benchmark indices Sensex and Nifty tumbled Tuesday amid persistent foreign fund outflows and weak trend in Asian and European markets. The 30-share BSE Sensex dropped 519.34 points, or 0.62 per cent, to settle at 83,459.15. During the day, it tanked 565.72 points, or...

New Delhi: Gopichand P Hinduja, the head of Britain's richest family, who was named as an accused in the Bofors scam with his two brothers, died in London at the age of 85. Fondly known as 'GP' in business circles, Gopichand P Hinduja was unwell...

New Delhi: The Supreme Court Tuesday asked the Centre to file a comprehensive reply on petitions challenging an online gaming law which prohibits "online money games", and bars banking services and advertising related to them. A bench of Justices JB Pardiwala and KV Viswanathan was...

New Delhi:  India’s solidarity with Israel, External Affairs Minister S. Jaishankar Tuesday said both countries face a common challenge from terrorism and underscored the need for a global zero-tolerance approach to terrorism in all its forms and manifestations. In his opening remarks during his meeting...