Business

Bhubaneswar: Seven state public sector enterprises (SPSEs) incurred a loss of Rs 794.98 crore during FY 2022–23, up from Rs 453.11 crore in FY 2021–22, the Comptroller and Auditor General of India (CAG) said Tuesday. The CAG audited the financial performance of the SPSEs for...

New Delhi: The Central Bureau of Investigation Wednesday registered a case against Reliance Communications Ltd (RCom), Anil Ambani, unknown public servants, and unknown others on allegations of causing wrongful loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India. The case has been...

Changing jobs is a common career move, especially in a dynamic employment market like India. Whether driven by better pay, growth opportunities, or work-life balance, job transitions are part of professional life. However, when loans are involved, especially personal loans, a job change can raise...

Beijing: An Indian Chamber of Commerce delegation is currently visiting China to interact with their counterparts, marking the first such visit after the five-year freeze in relations. A delegation of the Punjab, Haryana, Delhi, Chambers of Commerce and Industry (PHDCCI) is on a visit to...

New Delhi: As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in...

Mumbai: The rupee Monday breached the 95/USD-mark in intra-day trade Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165...

Beijing: China's flag carrier resumed direct flights between Beijing and North Korea's capital of Pyongyang Monday not long after the restoration of passenger train services between the capitals. The Air China flight was welcomed by the Chinese ambassador to North Korea, Wang Yajun, and other...

New Delhi: Commerce and Industry Minister Piyush Goyal has emphasised the importance of a balanced and responsive World Trade Organisation (WTO) that effectively addresses the needs and aspirations of all members, particularly developing countries and Least Developed Countries (LDCs). Goyal had valuable discussions with Dr...

Durga Priyadarshini, Founder and Managing Director of Gaumaya Paints, began her journey as a homemaker with a vision to contribute meaningfully to society and the environment. In 2020, while exploring opportunities in dairy farming, she realised that although milk was valued, cow dung—despite its immense...

New Delhi:  Commerce and Industry Minister Piyush Goyal will visit Canada in May, amidst ongoing negotiations for a free trade agreement between the two countries. March 2, the two countries launched negotiations for a comprehensive economic partnership agreement (CEPA). The issue of Goyal's visit came...