Business

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Wednesday said that the seas are not merely geographical boundaries but serve as gateways to vast opportunities, economic prosperity, and international cooperation. He made the remarks while formally inaugurating the 14th Multi-Agency Maritime Security Group (Policy) Meeting at...

New Delhi: Oracle Corp. -- a global technology company that reduced its workforce by around 21,000 employees over the past 12 months -- has acknowledged that the adoption of artificial intelligence (AI) technologies contributed to some of the job cuts. In its annual financial regulatory...

New Delhi: S&P Global Ratings Wednesday said energy stress, sub-par monsoon and slowing global growth will pull down India's GDP growth to 6.6 per cent in the current fiscal. The Indian economy recorded 7.7 per cent growth in the 2025-26 fiscal and 7.1 per cent...

New Delhi: India's ethanol blending programme remains "safe, consumer-friendly, and economically beneficial", the government said, dismissing concerns that the use of E20 fuel could affect the validity of vehicle insurance policies. The oil ministry in a statement said claims linking E20 fuel use to insurance...

New Delhi: With the West Asia conflict leading to energy shocks and disruption in supply chains due to the choking of Strait of Hormuz, the importance of alternative trade routes for countries like India has come to the fore, according to a new report. In...

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...