Business

New Delhi: Capital markets regulator Sebi Chairman Madhabi Puri Buch and her husband Saturday denied allegations levelled against them by short seller Hindenburg as baseless and asserted that their finances are an open book. In a statement, Madhabi Puri Buch and Dhaval Buch also said...

Paris: The ad-hoc division of the Court of Arbitration for Sport (CAS) will take some more time to deliberate on Indian wrestler Vinesh Phogat's appeal against her disqualification from the women's 50kg free-style final of the Olympic Games and will announce its decision only August...

New Delhi: US short-seller Hindenburg Research launched a fresh broadside against market regulator Sebi chairperson Madhabi Buch, alleging she and her husband had stakes in obscure offshore funds used in the Adani money siphoning scandal. In a blogpost, Hindenburg said 18 months since its damning...

New Delhi: Senior IAS officer TV Somanathan was Saturday appointed Cabinet Secretary, succeeding Rajiv Gauba. A 1987-batch IAS officer of Tamil Nadu cadre, Somanathan is currently serving as Union Finance Secretary and Secretary, Expenditure. "The Appointments Committee of the Cabinet has approved the appointment of...

New Delhi: The Indian garment and knitted fabric sector is witnessing a bit of uncertainty due to the Bangladesh crisis, Finance Minister Nirmala Sitharaman said Saturday, expressing hope that the interim government there will settle things "sooner rather than later." Interacting with the media on...

New Delhi: Finance Minister Nirmala Sitharaman Saturday asked banks to come up with innovative and attractive schemes to mobilise deposits. Addressing the media after the board meeting of the Reserve Bank of India, she said that deposits and lending are the two wheels of a...

New York: Billionaire Elon Musk-run X social media platform has been sued by a former Twitter board member for $20 million. Omid Kordestani, former Twitter (now called X) executive chairman, has sued the social media platform, claiming that Musk refused to cash out more than...

Bhubaneswar: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved eight railway projects, including six in Odisha, with a total estimated cost of Rs 24,657 crore, Railway Minister Ashwini Vaishnaw said Friday. Vaishnaw said in a press briefing that the new...

Mumbai: Benchmark equity indices Sensex and Nifty rebounded 1 per cent each Friday following buying in blue-chips such as Reliance and Infosys amid a rally in global equity markets. The 30-share BSE Sensex bounced back 819.69 points or 1.04 per cent to settle at 79,705.91...

Los Angeles: Media conglomerate Paramount Global announced that it will cut 15 per cent of its US-based workforce, or about 2,000 jobs, as part of a broader cost-cutting plan. The cuts will focus on two areas, including redundant functions in marketing and communications and in...