Business

Bhubaneswar: IIT Bhubaneswar has entered into a strategic partnership with three energy-sector institutions from Odisha and Madhya Pradesh to strengthen research, innovation and technological cooperation in renewable energy and accelerate India’s transition towards clean energy. An MoU to this effect was signed during the Odisha...

New Delhi: Weeks ahead of inking of a mega trade pact, India and European Union (EU) Monday vowed to boost their ties in trade and investment, quantum technologies, semiconductors and biotechnology to deliver "mutually beneficial and transformative" outcomes. The two sides also agreed to work...

New Delhi: Government is likely to extend support measures in the forthcoming Budget to boost domestic manufacturing of 100 products, including intermediates and capital goods across sectors, an official said. The Department for Promotion of Industry and Internal Trade (DPIIT), under the Commerce and Industry...

Mumbai: Reserve Bank of India's net short position of USD 239 billion in the forward market is likely to limit the rupee's appreciation despite a recovery in foreign portfolio investor (FPI) inflows, according to a report. The Reserve Bank of India's (RBI) forward book stood...

Mumbai: Market benchmark indices Sensex and Nifty ended higher Monday amid a correction in crude oil prices and buying in blue-chip bank and financial stocks. The 30-share BSE Sensex climbed 107.25 points, or 0.13 per cent, to settle at 81,106.65. During the day, it climbed...

Bangkok: China denied Monday that there was a spy plot to ensnare Nvidia CEO Jensen Huang, calling the spying allegations unsubstantiated and a smear campaign against Beijing. Huang has acknowledged to the Nvidia board that he had been intimate with a business executive who US...

New York: World shares and US futures advanced Monday after artificial intelligence stocks recovered some ground lost in last week's sell-offs. In early European trading, Germany's DAX climbed 0.6 per cent to 25,974.42, and the CAC 40 in Paris was up 0.4 per cent, at...

Thiruvananthapuram: Keralam Minister Anoop Jacob Monday said that random inspections were being carried out at petrol outlets in four districts following allegations in Karnataka that fuel was being sold with ethanol content above the prescribed limit. Jacob told the media that besides the findings in...

New Delhi: Revised Maximum Retail Prices (MRPs) of 1,364 anti-cancer formulations have come into effect from Monday, a move projected to save consumers an estimated Rs 3,540.38 crore annually, according to an official release. The National Pharmaceutical Pricing Authority (NPPA), functioning under the Department of...

San Francisco: Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday. The announcement came after Huang acknowledged to the board that he had been intimate with a business...