Business

Islamabad: Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional USD 3 billion in deposits while extending its existing USD 5 billion facility for a further three years. Pakistan's Finance Minister Muhammad Aurangzeb made the announcement in Washington while speaking...

New Delhi: The country's merchandise exports dropped 7.44 per cent to USD 38.92 billion in March, according to government data released Wednesday. Imports too dipped by 6.51 per cent to USD 59.59 billion last year from USD 63.75 billion recorded in the year-ago month, reflecting...

New Delhi: Wholesale price inflation rose for the fifth straight month, at 3.88 per cent in March, driven by a sharp spike in rates of fuel, power and manufactured items amid the West Asia crisis, government data showed Wednesday. Wholesale Price Index (WPI)-based inflation was...

Jiban Kumar Badu is the visionary Managing Director of Orissa Transformers Pvt Ltd (OTPL), a cornerstone of Odisha’s power infrastructure sector. With over 37 years of profound industrial expertise, he has transformed OTPL into a leading manufacturer of high-quality electrical transformers. Starting his own business...

Washington: India's economy is expected to grow a tad faster at 6.5 per cent in 2027 despite escalating tensions in West Asia, the International Monetary Fund (IMF) said Tuesday. The 6.5 per cent growth projection makes India the fastest-growing major economy in 2026. "For 2026,...

New Delhi: Domestic passenger vehicle dispatches to dealers increased by 16 per cent (year-on-year) to 4,42,460 units in March, driven by improved demand and inventory build-up at dealerships, according to data released by the Society of Indian Automobile Manufacturers (SIAM) Tuesday. Passenger vehicle wholesales had...

Mumbai: Amid concerns over attrition, India Inc expects hiring to remain focused on mid-level roles, with salary hikes likely to stay moderate at around 5-10 per cent in 2026-27, a report said Tuesday. Hiring demand is expected to be concentrated at the mid-level, with 49...

Beijing: Xu Jiayin, former chairman of China's property developer Evergrande Group, whose collapse has caused a massive crisis in the Chinese property market, pleaded guilty to charges of embezzlement of corporate assets and corporate bribery. The Shenzhen Intermediate People's Court, which has held a public...

Noida: Uttar Pradesh government has hiked minimum wages across worker categories following unrest in Noida, with revised rates coming into effect from April 1 retrospectively, officials said Tuesday. Gautam Buddh Nagar District Magistrate Medha Roopam said, "The wage increase has been done by the high-powered...

Somdutt Behura, co-founder of KT Global School, is a visionary educationist, philanthropist, and data management strategist with over 30 years of experience in the educational landscape. Under his stewardship, the institution has grown into a premier residential-cum-day boarding school in Bhubaneswar. Behura has been instrumental...