Business

 New Delhi: India and the six-nation bloc of Middle Eastern nations, the Gulf Cooperation Council (GCC), inked terms of reference Thursday for formally launching negotiations for a free trade agreement (FTA). The terms of reference (ToR) outline the scope and modalities of a proposed trade...

New Delhi: India and the US are expected to finalise and sign a joint statement on the first tranche of the bilateral trade agreement in 4-5 days, Commerce and Industry Minister Piyush Goyal said Thursday. After the joint statement is signed, the US will come...

New Delhi: Union Cooperation Minister Amit Shah will launch 'Bharat Taxi', India's first cooperative-led ride-hailing platform, Thursday after a successful two-month pilot operation, an official statement said. The service aims to expand across all states and cities within two years. Registered under the Multi-State Cooperative...

New Delhi: Competition Commission Wednesday ordered a detailed probe against IndiGo for alleged unfair business practices, little over two months after the country's largest airline cancelled thousands of flights due to operational issues. In a 16-page order, the Competition Commission of India (CCI) said that...

New York/Washington: India will lower tariffs on a "vast array" of American industrial and agricultural goods, such as "fruits" and "vegetables", to zero per cent under the trade deal announced by President Donald Trump, a top US official has said. US Trade Representative Jamieson Greer...

Mumbai: RBI Governor Sanjay Malhotra-headed six-member rate-setting panel Wednesday started deliberations on the next set of bi-monthly interest rate in the backdrop of growth-focused Union Budget and announcement of India-US trade deal, which lifted market sentiments. The decision of the Monetary Policy Committee (MPC) will...

New Delhi: IndiGo will adjust its long-haul flights operated with leased Dreamliners, including suspending services to Copenhagen from February 17, as the airline seeks to tackle external operational constraints. As part of the adjustments, necessiated by Iranian airspace uncertainties and congestion at airports, the carrier...

New Delhi: Commerce and Industry Minister Piyush Goyal Wednesday told the Lok Sabha that the sensitive sectors of the country, like agriculture and dairy, are completely protected in the India-US trade deal. He said that the US tariffs for Indian goods will be reduced to...

New Delhi: India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity...

New York/Washington:  White House has hailed a new trade agreement with India, saying the country has committed to no longer purchasing Russian oil, with Prime Minister Narendra Modi also agreeing on investments of USD 500 billion across key American sectors. These remarks were made by...