Business

New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed Monday. While 348.62 metric tonnes of gold were kept in safe custody...

Mumbai: Benchmark BSE Sensex climbed nearly 295 points to close at an over four-month high Monday following sustained foreign fund inflows and a sharp correction in global crude oil prices. Rising for the second in a row, the 30-share BSE barometer gained 294.85 points or...

New Delhi: Leading global airlines Air France and Lufthansa have stopped flying over Pakistani airspace to ensure the safety of the flights amid rising tensions in the region, after the Pakistan-sponsored terror attack claimed the lives of 26 people in Jammu and Kashmir's Pahalgam. Air...

New Delhi: Moody's Ratings Monday said sustained escalation of tensions between India and Pakistan will not have any major economic disruption in the country, but will be a setback for Islamabad as its forex reserves could come under pressure and weigh on growth. In its...

New Delhi: Parameswaran Iyer, Executive Director at the World Bank, has been temporarily entrusted with the responsibility of being India's nominee director on the board of International Monetary Fund (IMF) ahead of a crucial May 9 meeting, sources said. Iyer's nomination was necessitated to fill...

New Delhi: Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with the completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi held a series of one-on-one meetings with industry leaders in Mumbai, seeking investments for the state. Majhi held the meetings on the sidelines of WAVES 2025 Saturday, the Chief Minister's Office (CMO) said in a statement Sunday. He...

New Delhi: Commerce Ministry has cautioned the domestic industry to strictly follow the US 'rules of origin' norms while exporting goods to America, as re-routing products from high-tariff countries without substantial value addition could be classified as transhipment and attract higher duties, an official said....

New Delhi: State Bank of India (SBI) Saturday reported 10 per cent fall in standalone net profit at Rs 18,643 crore for the fourth quarter ended March 2025. The country's biggest lender had earned a profit of Rs 20,698 crore in the January-March period of...

New Delhi: After banning all imports from Pakistan, India Saturday barred Pakistan-flagged ships from entering any of its ports, following the barbaric attack in Jammu and Kashmir's Pahalgam, which took 26 lives. According to a directive from the Ministry of Ports, Shipping and Waterways, Pakistan-flagged...