Business

Washington: The US and India Saturday announced that they have reached a framework for an interim trade agreement, under which America will reduce tariffs on India to 18 per cent, according to a joint statement issued by the White House. It said the framework reaffirms...

Washington: US President Donald Trump signed an executive order renewing the national emergency on Iran and creating a new tariff system targeting countries that buy goods or services from Tehran. The White House said the order is designed to protect US national security, foreign policy,...

New Delhi/Washington: India and the United States Saturday announced they have reached a framework for an interim trade agreement under which both sides will reduce import duties on a number of goods to boost two-way trade. US President Donald Trump has removed the 25 per...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday said his government will come up with its own fintech policy in the coming months. Addressing the Black Swan India Summit here, Majhi said, "Giving due importance to innovation in the state, our government implemented the IT...

Moscow: Russian and US negotiators discussed the expiration of the last remaining nuclear arms pact between the two countries and agreed on the need to quickly launch new arms control talks, the Kremlin said Friday. The New START treaty terminated Thursday, leaving no caps on...

Bhubaneswar: President Droupadi Murmu Friday expressed concern over rising cyber fraud cases across the country, and stressed the need to create awareness among people about digital tools. President Murmu also said that in order to enhance digital awareness among people, financial literacy should be made...

Mumbai: Amid growing digital fraud, the Reserve Bank Thursday said that banking customers will receive compensation of up to Rs 25,000 for a fraudulent transaction. A customer will be paid the compensation even in cases where the customer ends up sharing the one-time password (OTP)...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Friday met three global business leaders and sought their support in empowering the state's youths and women through successful entrepreneurship models. The leaders who met the Chief Minister at Lok Seva Bhawan in Bhubaneswar were Singapore-based GFTN chairman...

Mumbai: Stock markets closed higher Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate...

Mumbai: The Reserve Bank of India Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector. REITs are investment vehicles that own or operate income-generating real estate, enabling...