Business

New Delhi: The upcoming Budget is going to put emphasis on easing the debt-to-GDP ratio, which is around 56 per cent, instead of targetting a specific fiscal deficit number as the country has almost reached the end of the glide path envisaged in the FRBM...

New Delhi: Finance Minister Nirmala Sitharaman, who will present her ninth consecutive Budget Sunday, is the longest-serving Finance Minister to hold the post continuously. Sitharaman took charge of the Finance Ministry May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical...

Beijing: British Prime Minister Keir Starmer arrived in the Chinese financial center of Shanghai Friday in his bid to boost business opportunities for U.K. firms in the world's second-largest economy, just hours after US President Donald Trump signalled a possible opposition to any deal between...

Caracas (Venezuela): Venezuela's acting President Delcy Rodriguez Thursday signed a law that opens the nation's oil sector to privatisation, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The reform will undoubtedly be her government's signature...

Mumbai: Gold and silver prices fell on Friday, after hitting record highs in the previous session as investors booked profits and the US dollar gained strength. MCX gold February futures fell 1.03 per cent to Rs 1,67,656 per 10 grams around 10 am on an...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi held crucial discussions with World Bank President Ajay Banga on measures to strengthen cooperation between the State and the international financial institution across key development sectors and to advance the State’s long-term growth and reform agenda. Senior officials...

Washington: President Donald Trump Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that puts pressure on Mexico. Mexican President Claudia Sheinbaum said this week that her government had at...

Washington: President Donald Trump Thursday threatened Canada with a 50 per cent tariff on any aircraft sold in the US, the latest salvo in his trade war with America's northern neighbour as his feud with Prime Minister Mark Carney expands. Trump's threat posted on social...

Bhubaneswar: Chief Minister Mohan Charan Majhi Thursday said Odisha has been making steady progress and is on the path of inclusive and sustainable growth as evident from the Economic Survey of India 2025-26. Majhi made the statement based on the Economic Survey tabled in Parliament...

New Delhi: India must focus on building enduring national capabilities and economic sovereignty in the face of shrinking space for rules-based trading, anti-immigrant stance, weaponisation of energy sources and growing use of export controls in critical sectors, the Economic Survey said Thursday. It said the...