Business

New Delhi: India is likely to begin scaling back its crude oil purchases from Russia under an agreement reached with the United States in exchange for lower trade tariffs, sources said, adding that these imports will continue for now, as refiners like Nayara Energy have...

Kuala Lumpur: Prime Minister Narendra Modi and Malaysian Prime Minister Anwar Ibrahim Sunday oversaw the signing of six major agreements between India and Malaysia, as both nations moved to further strengthen cultural, economic and strategic cooperation during bilateral engagements in Kuala Lumpur. The agreements were...

New Delhi: Several farmer organisations, including SKM, its non-political breakaway faction and AIKS, criticised the India-US trade deal Saturday and said protests against it will be held across the country. In a statement issued in New Delhi Saturday, the Samyukt Kisan Morcha (SKM) alleged that...

New Delhi: Ride-hailing apps such as Ola, Uber and Rapido were sporadically impacted Saturday as drivers went on a partial strike across several cities in the country. Telangana Gig and Platform Workers Union (TGPWU) had called for a "breakdown" February 7 to protest against existing...

New Delhi: American goods ranging from wines and spirits to dry fruits will enter India either duty-free or at reduced import tariffs, a move expected to make these imports cheaper for domestic consumers. India and the US Saturday announced that they have reached a framework...

Kuala Lumpur: Prime Minister Narendra Modi Saturday said India is seen as a "trusted partner for growth" and it was reflected in the recent trade deals it has agreed with various countries, including the UK, USA and the EU. Addressing a community programme here, Modi...

New Delhi: India's exports worth about USD 44 billion to the US will enter the American market at zero reciprocal tariffs under the first phase of the bilateral trade agreement, which is expected to be signed by mid-March, Commerce and Industry Minister Piyush Goyal said...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Saturday unveiled an economic plan for Bhubaneswar-Cuttack-Puri-Paradip Economic Region (BCPPER) and said this initiative would be the state's laboratory for development and prosperity. Launching BCPPER, the Chief Minister said that this region will be developed as a centre...

New Delhi: India has granted a quota-based duty concession to the US on apples under the interim trade pact, while fully protecting domestic apple growers, Commerce and Industry Minister Piyush Goyal said Saturday. India has imposed a minimum import price (MIP) of Rs 80 per...

New Delhi: The Indian stock markets remained volatile during the week but ended with healthy gains, after the announcement of the India-US trade deal sparked a strong recovery, helping domestic indices absorb the early weakness following the increase in securities transaction tax (STT) on derivatives...