Business

Bhubaneswar: The proposed GST reforms will bring a huge change in trade and commerce in the country, Odisha Chief Minister Mohan Charan Majhi said Friday. Addressing the valedictory session of a seminar on 'Viksit Odisha, 2036 -- Odisha on Growth Path' organised by the Indian...

Mumbai: The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar Friday, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal between...

New Delhi: Chief Economic Advisor V Anantha Nageswaran  Friday exuded confidence that Indian economy will grow at a rate between 6.3 and 6.8 per cent in the current fiscal on strong domestic demand, even though there would be some downside risks to the projections due...

Tokyo: Japan Friday set an investment target of 10 trillion yen in India over a decade and the two sides firmed up a mega roadmap to bolster cooperation in several key areas such as critical minerals, defence and technology, in decisions that came amid economic...

New Delhi: Centre's fiscal deficit increased to 29.9 per cent of the full-year target at the end of July, according to data released by the Controller General of Accounts (CGA) Friday. The fiscal deficit was 17.2 per cent of the Budget Estimates (BE) of 2024-25...

New Delhi: Gold prices rallied Rs 2,100 to hit a fresh all-time high of Rs 1,03,670 per 10 grams in the national capital Friday due to persistent buying by stockists and depreciation in rupee, according to the All India Sarafa Association. The precious metal of...

New Delhi: Commerce and Industry Minister Piyush Goyal Friday said India is negotiating a bilateral trade agreement with the US, indicating that the steep 50 per cent tariff imposed by America on Indian goods will not have much impact on the country's economy. "If somebody...

Tokyo: Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba Friday participated in the 15th India-Japan Annual Summit being held at Kantei, the official residence of PM of Japan. Foreign Secretary Vikram Misri, National Security Advisor (NSA) Ajit Doval, India's Ambassador to Japan Sibi...

New Delhi: India's economy grew by a stronger-than-expected 7.8 per cent in April-June, its fastest pace in five quarters, before US President Donald Trump imposed tariffs that now cloud the outlook, threatening key exports like textiles. The gross domestic product (GDP) growth in the first...

New Delhi: Reliance Industries Chairman Mukesh Ambani Friday announced the formation of a new wholly-owned subsidiary, Reliance Intelligence, that will house large-scale AI infrastructure, and also unveiled new partnerships with global tech titans Meta and Google, as the company outlined its vision of AI for...