Business

Mumbai: RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal Wednesday, the central bank said, amid expectations of a 25 basis points reduction in the short-term lending rate. RBI's Monetary Policy Committee (MPC) headed by Governor Malhotra started its...

Mumbai: The Indian stock markets staged a robust relief rally Tuesday, snapping a three-day losing streak ahead of the Reserve Bank of India's (RBI) monetary policy decision April 9. Both the Sensex and Nifty rose sharply, each gaining around 1.5 per cent by the end...

New Delhi: Tech giant Apple is planning to increase its iPhone exports from India to the United States in an effort to avoid the high tariffs placed on Chinese goods. The US tech giant is considering this move as a temporary solution to reduce the...

New Delhi: Union Finance Minister Nirmala Sitharaman Tuesday said it is heartening to note that nearly 68 per cent of the total Pradhan Mantri MUDRA Yojana (PMMY) loan accounts have been sanctioned to women, becoming a tool for empowerment and enabling them to contribute to...

New Delhi: The swift shift in global sentiment, high market volatility and fear of recession amid the US tariff shock indicate a 25bps cut by the Reserve Bank of India (RBI) April 9, with a possible change in stance to “accommodative" to give directional easing...

Mumbai: Indian frontline indices opened in the green Tuesday as heavyweights like Titan, Tata Steel and Adani Ports lifted the market sentiment despite global uncertainty amid US tariffs. As of 9:21 am, Sensex was up 1,169 points or 1.60 per cent at 74,307 and Nifty...

New Delhi: The Cooking gas or LPG price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said Monday.   https://www.youtube.com/watch?v=Rip1lol6GNA   The gas price has been increased for both Ujwalla and general category customers, the minister...

New Delhi: The government Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices have come down in...

Mumbai: The rupee declined 38 paise -- steepest in more than five weeks -- to settle at 85.82 (provisional) against the US dollar Monday amid the wide-spread global turbulence over escalated tariff war and fear of a global economic slowdown. A steep decline in crude...