Business

New Delhi: World Bank Group and India Friday announced a new Country Partnership Framework (CPF), envisaging USD 8-10 billion in annual financing over the next five years to help accelerate India's next phase of growth and support its vision of becoming a developed economy. The...

New Delhi: Markets regulator Sebi has granted a no-objection certificate (NOC) to the country's largest bourse, National Stock Exchange (NSE), to proceed with its long-awaited public listing, an official said Friday. NSE's IPO plans had been stalled for more than a decade. The exchange first...

New Delhi: The trade agreement with the European Union (EU) will help India diversify its trade relationships and provide greater market access to its exporters amid growing uncertainty due to high US tariffs, Moody's Ratings has said. The free trade agreement (FTA) between India and...

Washington: President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a pick likely to result in sharp changes to the powerful agency that could bring it closer to the White House...

New Delhi: The negotiations between India and Chile for a free trade agreement (FTA) will be concluded soon, and the pact will provide greater access to critical minerals for domestic businesses, Commerce and Industry Minister Piyush Goyal said Friday. The South American nation has huge...

New Delhi: The upcoming Budget is going to put emphasis on easing the debt-to-GDP ratio, which is around 56 per cent, instead of targetting a specific fiscal deficit number as the country has almost reached the end of the glide path envisaged in the FRBM...

New Delhi: Finance Minister Nirmala Sitharaman, who will present her ninth consecutive Budget Sunday, is the longest-serving Finance Minister to hold the post continuously. Sitharaman took charge of the Finance Ministry May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical...

Beijing: British Prime Minister Keir Starmer arrived in the Chinese financial center of Shanghai Friday in his bid to boost business opportunities for U.K. firms in the world's second-largest economy, just hours after US President Donald Trump signalled a possible opposition to any deal between...

Caracas (Venezuela): Venezuela's acting President Delcy Rodriguez Thursday signed a law that opens the nation's oil sector to privatisation, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The reform will undoubtedly be her government's signature...

Mumbai: Gold and silver prices fell on Friday, after hitting record highs in the previous session as investors booked profits and the US dollar gained strength. MCX gold February futures fell 1.03 per cent to Rs 1,67,656 per 10 grams around 10 am on an...