Business

New York/Washington: The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are “a direct threat” to the US. The...

Tel Aviv: India and Israel Thursday inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, Commerce and Industry Minister Piyush Goyal said. The ToR include market access for goods by eliminating tariff and non-tariff barriers, investment facilitation, simplification of customs...

Mumbai: Indian equity markets ended higher Thursday, with both the Sensex and Nifty moving closer to the record levels last seen in September 2024. Strong buying in Financials and Oil and Gas stocks, along with positive global cues, boosted overall market sentiment. The Sensex rose...

New Delhi: The Enforcement Directorate (ED) has attached fresh assets worth more than Rs 1,400 crore as part of a money laundering probe related to Reliance Group chairman Anil Ambani and his companies, official sources said. The federal investigative agency had earlier attached properties worth...

United Nations: India, along with six other countries, “will shape the future growth of the city population” of the world as they are expected to add more than 500 million city residents between 2025 and 2050, the UN said. The ‘World Urbanisation Prospects 2025: Summary...

New York: Former US Treasury Secretary Larry Summers is resigning from OpenAI's board of directors, the ChatGPT maker said Wednesday. His departure comes after the release of emails showing he maintained a friendly relationship with Jeffrey Epstein long after the financier pleaded guilty to soliciting...

Rourkela: Union Minister for Steel and Heavy Industries HD Kumaraswamy Wednesday announced plans to double the capacity of the Rourkela Steel Plant (RSP) to 9.8 million tonnes by 2030 with an investment of about Rs 30,000 crore. “We are also taking up modernisation of the...

New Delhi: More than Rs 3.70 lakh crore have been disbursed to over 11 crore farmer families in the country through 20 instalments under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to date, an official statement said Wednesday. The benefits of the scheme are...

Bhubaneswar/Rourkela: Union Minister of Heavy Industries and Steel HD Kumaraswamy Wednesday met Odisha Chief Minister Mohan Charan Majhi at the Lok Seva Bhawan and held discussions on several matters, including issues related to the expansion of the integrated steel plant of Steel Authority of India...

Mumbai: Equity benchmark indices Sensex and Nifty bounced back sharply Wednesday, driven by a rally in IT stocks and sustained buying from domestic institutional investors amid growing hopes for an India-US trade deal. The 30-share BSE Sensex jumped 513.45 points, or 0.61 per cent, to...