Business

Washington/New Delhi: United States sought European support for secondary tariffs on India and China over their purchases of Russian energy, but its allies refused, Treasury Secretary Scott Bessent said, defending Washington's decision to suspend enforcement of new sanctions against countries trading with Moscow. Energy Secretary...

New Delhi: Quarterly earnings, crude oil, Jio Platforms' initial public offering and trading activity of foreign investors will drive investors' sentiment in a holiday-shortened week ahead, analysts said. Besides, developments in West Asia and the rupee-dollar trend would be tracked by investors. "Indian equities enter...

New Delhi: The combined market valuation of nine of the top-10 most valued firms surged by Rs 3.65 lakh crore last week, with TCS, Bharti Airtel and Infosys emerging as the biggest winners, amid a bullish trend in equities. Last week, the BSE benchmark Sensex...

New Delhi: Foreign portfolio investors (FPIs) have withdrawn Rs 52,100 crore from Indian equities in October so far, as elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment. The latest outflow follows a net withdrawal of Rs 35,861...

New Delhi: State-run oil marketing companies have barred ethanol made from sugarcane juice, sugar syrup and B-heavy molasses from their latest procurement tender for the 2026-27 supply year for blending in petrol, as the government seeks to protect domestic sugar supplies while sustaining its nationwide...

Islamabad: Pakistan has extended its airspace ban on Indian-registered aircraft and planes owned, operated or leased by Indian airlines for another month, until November 24, according to the country's airports authority. The restriction, initially imposed April 23, 2025, has been extended periodically since then amid...

New Delhi: Drug pricing regulator NPPA Saturday capped trade margins on 137 non-scheduled anti-cancer formulations at 30 per cent, according to an official statement. The move, effective November 9, is expected to slash retail prices of these critical life-saving medicines by up to 70 per...

New Delhi: Food regulator FSSAI has proposed banning addition of fructose and sucrose in food products for infants up to six months of age, a move aimed at safeguarding children's health by minimising early exposure to added sugar. The objective is to strengthen nutritional safeguards...

Washington: China’s holdings of US Treasury securities fell sharply in August while India’s rose for a third straight month, according to US Treasury data released. China’s holdings dropped to $590.7 billion at the end of August from $618 billion in July. A year earlier, in...

New Delhi: Food regulator FSSAI has initiated legal proceedings for prosecution against Surya Food & Agro for using cattle feed bran in the manufacturing of Priyagold biscuits and for other serious violations. Legal proceedings for prosecution have also been initiated against Dodla Dairy and UEIR...