Business

Mumbai: Stock market benchmark indices Sensex and Nifty faced heavy selling pressure Tuesday, dropping over 1 per cent, tracking a bearish trend in global markets along with weakness in HDFC Bank and IT firms. Fresh foreign fund outflows also led to the weak trading in...

New Delhi: The CBI has arrested senior IAS officer Pankaj Agarwal for allegedly siphoning off over Rs 60 crore from the accounts of the Haryana government maintained with IDFC First Bank, officials said Tuesday. The 2000-batch IAS officer from the Haryana cadre served as principal...

New Delhi: The Home Ministry has revised the compounding penalties for a number of offences under the Foreign Contribution (Regulation) Act (FCRA), 2010, involving the receipt and utilisation of foreign contributions by non-governmental organisations, according to a gazette notification. The orders were notified by the...

New Delhi: The government has amended the rules for receiving foreign funds requiring NGOs to choose from predefined list of purposes and their area of operation, allowing a range of faith-based activities while explicitly excluding proselytisation from several categories eligible for registration under the Foreign...

Mumbai: Reserve Bank of India (RBI) Tuesday pumped in over Rs 1.41 lakh crore of transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction. The funds were injected into the system at a cut-off rate and weighted average rate of...

New Delhi: India and the United States are moving decisively towards finalising a bilateral trade agreement that could unlock new economic opportunities and deepen bilateral economic ties, US Ambassador to India Sergio Gor said Tuesday as US Trade Representative (USTR) Jamieson Greer arrived here for...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Tuesday said the deployment of 'Kavach' system on trains along the 631 km railway network in the East Coast Railway (ECoR) area will enhance passenger safety. CM Majhi made the statement a day after the Indian Railways approved...

New Delhi: Commerce and Industry Minister Piyush Goyal and US Trade Representative Jamieson Greer Tuesday began bilateral talks here on issues related to the first phase of the bilateral trade agreement. Greer is in New Delhi on an official visit for the trade pact talks,...

New Delhi: Google restored instant messaging app Telegram Tuesday morning as a temporary ban imposed by the government ended at midnight of June 22. The platform was accessible to some existing users before Google restored it. The app continued to remain delisted on Apple's Appstore...

Washington: The US has formally notified the proposed sale of sustainment support services and related equipment for India's Apache helicopters and M777A2 Ultra-Light Howitzers at an estimated cost of USD 482.2 million. The Defence Security Cooperation Agency (DSCA), which administers the Foreign Military Sales (FMS)...