Business

New Delhi: After two consecutive months of buying, foreign portfolio investors (FPIs) turned net sellers in September, pulling out Rs 35,860 crore from Indian equities amid global uncertainties, elevated US interest rates and high crude oil prices. The selling continued into October, with foreign investors...

New Delhi: The government has extended the timelines for the RELIEF scheme and the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to support exporters amid geopolitical disruptions and logistics uncertainties, according to official statements Friday. According to the Ministry of Commerce and...

Mumbai: Indian benchmark shares posted their eighth straight weekly loss, the longest such streak in 25 years, as record foreign selling, crude prices near $100 a barrel and a surge in global yields sent risk sentiment plunging. The Nifty 50 dropped 3.1% and BSE Sensex...

Mumbai: HDFC Bank has appointed Anup Bagchi as its next Managing Director and Chief Executive Officer after receiving approval from the Reserve Bank of India (RBI), according to a stock exchange filing Thursday. Bagchi, currently the MD and CEO of ICICI Prudential Life Insurance, will...

New Delhi: The Central Bureau of Investigation (CBI) filed a second charge sheet in the Reliance Home Finance Ltd. (RHFL) case Thursday before the Special Judge for CBI Cases, Mumbai, against 11 accused, including three top executives of the Anil Ambani-led Reliance ADA Group, according...

Mumbai: The domestic equity market closed sharply lower Thursday, extending losses for the fourth consecutive trading session amid heightened concerns over rising energy prices, volatile bond yields and the possibility of further monetary tightening. The Sensex declined 570.59 points, or 0.79 per cent, to settle...

New Delhi: Switzerland's President Guy Parmelin will be on a State Visit to India from October 5-7 at the invitation of Prime Minister Narendra Modi. President Parmelin and PM Modi will hold discussions October 5, where they will review progress in bilateral cooperation across various...

Milwaukee: Union Commerce and Industry Minister Piyush Goyal Thursday said that he met European Commissioner for Trade and Economic Security Maros Sefcovic on the sidelines of the G20 Trade Ministers' Meeting here and reviewed progress towards the signing and entry into force of the India-EU...

New Delhi: State-owned oil marketing companies (OMCs) have increased commercial LPG rates by Rs 62.50 per 19-kg cylinder effective from Thursday in line with firming international benchmark prices. Apart from that, aviation turbine fuel (ATF) prices were also increased by Rs 16 per litre. ATF...

Bhubaneswar: The 29th General Council Meeting of Omfed, held here Wednesday, set a turnover target of Rs 1,300 crore for the 2026-27 financial year. The meeting was chaired by Omfed president Kishore Chandra Pradhani and was attended by Omfed Managing Director Vijay Amruta Kulange along...