Business

New Delhi: Foreign investors put in Rs 14,590 crore in the country's equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio...

New Delhi: The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped...

Rio de Janeiro: Finance Minister Nirmala Sitharaman, during her meetings with BRICS counterparts here, discussed issues of bilateral cooperation, including cooperation in multiple sectors to further strengthen strategic partnerships, according to an official statement. In her meeting with Russian Finance Minister Anton Siluanov on the...

Seoul: HD Hyundai said Sunday it will join hands with India's biggest shipbuilder to bolster South Korea's presence in the global shipbuilding market. HD Korea Shipbuilding & Offshore Engineering Co., HD Hyundai's shipbuilding affiliate, has signed a memorandum of understanding with India's state-owned Cochin Shipyard...

New Delhi: Inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal country globally, according to a World Bank report. This is in addition to a sharp decrease in extreme poverty, which has dropped from 16.2 per cent in...

Mumbai: Capital markets regulator Sebi chairman Tuhin Kanta Pandey Saturday made it clear that market manipulation is not going to be tolerated. Speaking with reporters a day after an interim order against New York-based hedge fund manager Jane Street, Pandey said surveillance has been increased...

Bhubaneswar: Odisha government Saturday withdrew the restrictions on three private banks and allowed them to handle state business, according to an official order. The government had June 21 removed HDFC Bank, ICICI Bank, and Axis Bank from the list of empanelled banks due to their...

New Delhi: US authorities have arrested fugitive diamantaire Nirav Modi's younger brother, Nehal Modi, following extradition requests from the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI), officials said Saturday. Nehal Modi, who is the subject of a Red Notice issued by the...

New Delhi/Washington: US President Donald Trump has signed tariff letters on exports from 12 countries, which are expected to be sent out July 7 (Monday). Speaking to the media aboard Air Force One, the US President said the names of the countries which would receive...

Islamabad: Pakistan and Azerbaijan have signed an agreement for investment worth USD 2 billion in diverse sectors of Pakistan's economy. The deal was signed Friday after a bilateral meeting between Prime Minister Shehbaz Sharif and President Ilham Aliyev on the sidelines of the Economic Cooperation...