Business

Mumbai: Benchmark equity indices Sensex and Nifty surrendered early gains to close lower Friday due to selling in metal, oil & gas and PSU bank shares and caution among investors amid surging crude oil prices. The 30-share BSE Sensex dropped 160.73 points, or 0.21 per...

Mumbai: The Indian rupee crashed below the 96/USD mark Friday before closing at an all-time low of 95.86 (provisional) against the US dollar as elevated crude oil prices and inflation concerns added to the downside pressure on the rupee. Rupee has registered over 6 per...

Bhubaneswar: Opposition BJD and Congress Friday targeted the BJP government in Odisha over long queues and panic buying at petrol pumps, even as the state administration maintained that there was no fuel shortage and appealed to people not to stockpile petrol and diesel. Odisha Pradesh...

New Delhi: India’s exports in April rose by 13.78 per cent to USD 43.56 billion despite global challenges, Commerce Secretary Rajesh Agrawal said Friday. Imports grew 10 per cent year-on-year to USD 71.94 billion in April. Trade deficit during the month stood at USD 28.38...

New Delhi: The US team is expected to visit India next month for trade talks, though no dates have been finalised yet, Commerce Secretary Rajesh Agrawal said Friday. The Indian side visited Washington, DC, in April for an in-person round of meetings with their US...

New Delhi: India and the United Arab Emirates signed key agreements, during the visit of Prime Minister Narendra Modi Friday, on a framework for the bilateral strategic defence partnership, the supply of LPG and strategic petroleum reserves, and an investment to the tune of $5...

Bhubaneswar: Amid the ongoing fuel crisis in Odisha, Food Supplies and Consumer Welfare Minister Krushna Chandra Patra Friday said there is no shortage of petrol and diesel in the state. He said Odisha has adequate fuel stock and urged people not to panic. According to...

New Delhi: India has banned the export of sugar till September 30 this year with immediate effect, a move which would help enhance domestic availability and contain prices. Earlier, the exports were under a restricted category, under which a license was required for the outbound...

New York: The US government has agreed to settle a lawsuit filed against one of the world's richest people, who is accused of duping investors by concealing that his company's huge solar energy project in India was being facilitated by an alleged bribery scheme, according...

New Delhi: Petrol and diesel prices were increased Friday by Rs 3 per litre after state-owned oil firms ended a four-year record hiatus in rate revision. Petrol price was hiked to Rs 97.77 per litre from Rs 94.77 in the national capital. Diesel now costs...