Business

New Delhi: Domestic export sectors such as leather, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts. US President Donald Trump Wednesday slapped an additional 25 per cent...

Mumbai: The Reserve Bank of India (RBI) kept its policy interest rate unchanged Wednesday as it appeared to have taken a wait-and-watch approach to assess the full unveiling of US President Donald Trump's trade policies as well as transmission of past rate cuts. The six-member...

Washington: US President Donald Trump Wednesday announced that he has signed an executive order imposing an additional 25 per cent tariff on imports from India, citing the country’s continued purchase of Russian oil. The White House said the decision is aimed at strengthening measures taken...

New Delhi: As part of its digital transformation under IT 2.0, India Post has undertaken a massive nationwide rollout of the Advanced Postal Technology (APT) application, the Ministry of Communication said Wednesday. This transition from the legacy system marks a major step toward delivering faster,...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Wednesday met Union Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi in New Delhi, urging the Centre to enhance the rice procurement target from the state for the upcoming Kharif season. In a post on social...

Mumbai: Benchmark BSE Sensex reversed its early gains to close lower by 160 points Wednesday due to selling in IT and healthcare shares amid the RBI policy decision to keep the key interest rates unchanged. The 30-share BSE Sensex fell 166.26 points or 0.21 per...

Mumbai: The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said Wednesday, days after US President Donald Trump's remark of India being a dead economy. The country is expected to grow 6.5 per...

New Delhi: The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27...

Mumbai: The Reserve Bank Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Unveiling the third bi-monthly monetary policy for 2025-26, RBI Governor Sanjay Malhotra said...

Mumbai: After three successive interest cuts, the Reserve Bank Wednesday decided to keep policy rate unchanged at 5.5 per cent and retained the neutral stance, weighed by concerns over tariff uncertainties. Announcing the third bi-monthly monetary policy of the current fiscal, RBI Governor Sanjay Malhotra...