Business

New Delhi: Supreme Court Monday noted that states and Union territories have a massive outstanding balance of Rs 20,000 crore to recover towards unpaid traffic e-challans and suggested linking such challans to electricity bills to recover the amount. A bench of Justices JB Pardiwala and...

New Delhi: Private fuel retailers Jio-bp and Nayara Energy have imposed limits on diesel purchases at their retail outlets as industrial and other bulk consumers turn to petrol pumps to take advantage of cheaper retail fuel, putting pressure on supplies and retail networks. Jio-bp outlets...

New Delhi: Commerce and Industry Minister Piyush Goyal will visit the US this week to attend the G20 Trade Ministers' meeting in Milwaukee and hold deliberations with US Trade Representative Jamieson Greer on the bilateral trade agreement, an official statement said Monday. "Goyal will also...

New Delhi: Benchmark indices Sensex and Nifty have dropped more than 5 per cent over the past month, wiping out Rs 17.17 lakh crore in investor wealth as surging crude oil prices, geopolitical uncertainties, and elevated bond yields dampened market sentiment. Indications of further monetary...

New Delhi: India's industrial output increased by 8 per cent in August from 7.4 per cent in the preceding month, mainly due to a good show by the manufacturing sector, according to the latest government data released Monday. This is the fifth monthly Index of...

Mumbai: Stock markets tumbled Monday, with the benchmark Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800 as surging crude oil prices, geopolitical uncertainties, and weak global trends hit investor sentiment. The 30-share BSE Sensex tanked 1,124.02 points, or 1.52...

Mumbai: The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk...

Mumbai: India is exploring the possibility of strengthening its energy partnership with the United Arab Emirates (UAE) by sourcing more liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Gulf nation, while also working on expanding strategic petroleum reserves to bolster the country's...

Washington: President Donald Trump has justified the pending US arms sale to Taiwan to Chinese President Xi Jinping by downplaying it as just one of many sales Washington makes around the world -- even asking Xi if he'd be in the market for US arms,...

Bhubaneswar: BJD chief Naveen Patnaik Monday said he will fight against the MMDR Act "till his last breath" to "safeguard the future of Gen Z". Addressing a massive BJD rally outside the Odisha Assembly demanding the repeal of the Mines and Mineral (Development and Regulation)...