Business

IMF lowers Pakistan’s GDP growth forecast to 3 per cent New Delhi: The IMF has lowered Pakistan’s GDP growth forecast to 3 per cent from 3.2 per cent, which is worrying news for a country with a rapidly expanding population, according to an article in...

New Delhi: External Affairs Minister (EAM) S. Jaishankar will begin a three-day visit to the United States Monday to participate in the Critical Minerals Ministerial convened by US Secretary of State Marco Rubio, the Ministry of External Affairs (MEA) said. According to the MEA, the...

New Delhi: Finance Minister Nirmala Sitharaman Monday said the government intends to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9 as the parliamentary committee has already submitted its report. The proposed amendments to...

Mumbai: Stock markets rebounded on Monday with benchmark Sensex jumping by 943 points on value buying in blue-chip oil & gas, banking and auto shares after facing a massive drubbing on the Budget day. The 30-share BSE Sensex rallied 943.52 points or 1.17 per cent,...

New Delhi: Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly Rs 36,000 crore (about USD 3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in...

New Delhi: Car market leader Maruti Suzuki India will consider increasing prices of its vehicles due to rising commodity costs, amid strong demand in the market post GST rate reductions, company Senior Executive Officer, Marketing & Sales, Partho Banerjee said Monday. The company currently has...

New York: The one thing N. Lee Plumb knows for sure that being laid off from Amazon last week wasn't a failure to get on board with the company's artificial intelligence plans. Plumb, his team's head of "AI enablement," says he was so prolific in...

New Delhi: India's manufacturing sector activity witnessed a slight recovery in January, amid faster increase in new orders, even as business confidence slipped to its lowest level in three-and-a-half years, a monthly survey said Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI),...

Mumbai: Stock market benchmark indices Sensex and Nifty rebounded in early trade Monday driven by value-buying in blue-chip firms, after facing massive drubbing on the Budget day. The 30-share BSE Sensex climbed 302 points to 81,024.94 during initial trade. The 50-share NSE Nifty went up...

New Delhi: India's efforts to enhance its weather forecasting capabilities received a significant boost with Finance Minister Nirmala Sitharaman allocating Rs 1,342 crore for Mission Mausam Sunday. The allocation for the Ministry of Earth Sciences has been set at Rs 3,789.23 crore, compared to the...