Business

New York: The US government has agreed to settle a lawsuit filed against one of the world's richest people, who is accused of duping investors by concealing that his company's huge solar energy project in India was being facilitated by an alleged bribery scheme, according...

New Delhi: Petrol and diesel prices were increased Friday by Rs 3 per litre after state-owned oil firms ended a four-year record hiatus in rate revision. Petrol price was hiked to Rs 97.77 per litre from Rs 94.77 in the national capital. Diesel now costs...

Beijing: Iran has allowed dozens of Chinese ships to pass through the Strait of Hormuz as China toughened its stance against the militarisation of the key waterway during talks between US President Donald Trump and President Xi Jinping. Iran shut down the Strait of Hormuz,...

Beijing: Chinese President Xi Jinping warned his US counterpart Donald Trump that mishandling the Taiwan issue could trigger "clashes and even conflicts" between the two countries, as the leaders held wide-ranging talks on the Iran war, energy security and trade Thursday. After concluding the first...

New Delhi: Air India’s flight cuts triggered by the Iran-US conflict and Pakistan’s airspace ban are benefiting foreign carriers such as Lufthansa Group and Cathay Pacific, which are expanding services in India, one of the world’s fastest-growing aviation markets. With routes through the Middle East...

Beijing: Economic ties between China and the United States are mutually beneficial and win-win in nature, Chinese President Xi Jinping told US President Donald Trump during their talks, according to the Chinese official news agency Xinhua. "Yesterday, our economic and trade teams produced generally balanced...

New Delhi: India -- the world’s second-largest sugar producer -- has prohibited exports till September 30, 2026 or until further orders in a move aimed at ensuring domestic availability and containing local prices amid concerns over lower production. The Directorate General of Foreign Trade (DGFT)...

New Delhi: India and the United Arab Emirates are expected to firm up two significant agreements to boost cooperation in areas of liquefied petroleum gas (LPG) and strategic petroleum reserves during Prime Minister Narendra Modi's visit to the Gulf nation May 15, authoritative sources said...

New Delhi: Dairy product major Mother Dairy Wednesday announced a nationwide hike of Rs 2 per litre across its key liquid milk variants, effective May 14. The step comes soon after Gujarat Cooperative Milk Marketing Federation (GCMMF), also announced an increase of Rs two per...

Gandhinagar: India’s largest dairy cooperative, Gujarat Cooperative Milk Marketing Federation (GCMMF), announced a nationwide increase of Rs two per litre in the prices of Amul fresh milk, with the revised rates set to come into effect from May 14. The federation markets milk and dairy...