Business

New Delhi: Prime Minister Narendra Modi Saturday said India has already begun production at three semiconductor plants, and five to eight more plants are expected to come up in the coming years. Addressing the nation from the ramparts of the historic Red Fort on the...

New Delhi: As Bangladesh reels under an acute energy crisis, India on Friday said it is examining Dhaka's request for additional supply of petroleum products. "We have an ongoing arrangement with Bangladesh for the supply of diesel. Insofar as the request for additional supplies is...

Mumbai: India's current account deficit widened to USD 6.2 billion in June from a surplus of USD 1.2 billion in the year-ago month, according to preliminary data released by the Reserve Bank of India Friday. The current account deficit was primarily driven by a widening...

Bhubaneswar: BJD president Naveen Patnaik on Friday claimed that the passage of the Mines and Minerals Amendment Bill poses a great threat to Odisha's fiscal autonomy, and urged Chief Minister Mohan Charan Majhi to convene a special session of the Assembly to pass a resolution...

New Delhi: India has emerged as a major power in global defence manufacturing, with exports of military hardware surging to Rs 38,424 crore in 2025-26 driven by a significant push toward indigenous production, Defence Minister Rajnath Singh said Friday. In a message to the armed...

New Delhi: Reliance Industries and Rolls-Royce Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in...

Mumbai: Market benchmark indices Sensex and Nifty ended lower Friday as elevated oil prices and the prolonged US-Iran impasse weighed on investor sentiment. The 30-share BSE Sensex dropped 70.71 points, or 0.09 per cent, to settle at 78,009.25. During the day, it declined 395.59 points,...

New Delhi: Wholesale price inflation softened month-on-month for the first time in nine months to 9.78 per cent in July on easing in fuel and food prices. Wholesale price index (WPI)-based inflation was 9.87 per cent in June. This is the first time since October...

Washington: US Thursday accused more than 40 countries, including India, of operating a “shadow transhipment network” to help China evade high tariffs and unveiled plans to use artificial intelligence (AI) to detect and penalise such practices. In a report titled ‘The Great Trans shipment Scam’,...

New Delhi: Hours after India made public assurances last week that ethanol-blended petrol was safe, the country’s main auto lobby withdrew a complaint about fuel contamination it had sent to the government a week earlier, saying some figures needed more checks. But separate communications between...