Business

New Delhi: The government Tuesday sought Lok Sabha approval for gross additional expenditure of over Rs 2.81 lakh crore in current fiscal year. The second batch of Supplementary Demands for Grants was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman. "Approval of Parliament...

New Delhi: The government Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken in a meeting of...

Bhubaneswar: Long queues were seen at LPG distribution centres in Bhubaneswar Tuesday amid concerns over possible supply disruptions due to ongoing Middle East tensions. Customers reportedly waited in long lines with gas passbooks at centres such as Khandagiri HP Gas. Some customers reported delays of...

Colombo: Sri Lanka has increased retail fuel prices by over 8 per cent with effect from midnight Monday in a bid to curb hoarding and panic buying amid rising global crude oil prices, officials said Tuesday. The price revision comes as global crude oil prices...

New Delhi: Commerce and Industry Minister Piyush Goyal Tuesday said the government is looking to extend help to exporters on the insurance front to help them deal with the ongoing West Asia crisis. He said an inter-ministerial group is keeping tabs on the developments on...

New Delhi: The oil ministry has constituted a committee to examine supply issues after a sudden shortage of commercial LPG cylinders alarmed the hospitality sector, with restaurant associations warning that eateries could shut down within days if supplies are not restored. As the widening conflict...

Bhubaneswar: A startup conference was organised at O-Hub in Bhubaneswar Monday, where the Odisha government reiterated its commitment to supporting young entrepreneurs and strengthening the startup ecosystem in the state. Addressing the gathering, Micro, Small and Medium Enterprises (MSME) Minister Gokulananda Mallik said the state...

New Delhi:  Indonesia has agreed with India to buy the BrahMos missile system, its Defence Ministry spokesperson Rico Ricardo Sirait said Monday. Rico told the Reuters news agency that the agreement was "part of Indonesia’s modernisation of military hardware and defence capabilities, especially in the...

New Delhi: Petrol and diesel prices will not be increased for now despite international crude oil rates crossing USD 100 per barrel, government sources said on Monday, even as authorities stepped up efforts to maintain uninterrupted fuel supply lines across the country. As the conflict...

Chicago: Oil prices spiked near USD 120 per barrel before falling back Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard, surged to USD 119.50...