Business

Mumbai: RBI Governor Sanjay Malhotra announced Friday that the monetary policy committee (MPC) meeting had unanimously decided to reduce the repo rate by 25 basis points to 5.25 per cent from 5.5 per cent earlier to spur growth in the economy. The RBI Governor also...

New Delhi: A team of officials from the US is expected to visit India next week for talks on the proposed bilateral trade agreement, sources said Thursday. The visit is crucial as India and the US are working to finalise the first tranche of the...

New Delhi: India and the Netherlands held the 13th Foreign Office Consultations in New Delhi Thursday, discussing ways to further strengthen the partnership in sectors such as critical technologies and innovation, including semiconductors and AI, science and technology, green hydrogen and shipping, defence and security,...

New Delhi: Commerce and Industry Minister Piyush Goyal Thursday said India and Russia must work together to bring greater diversity and balance to their trade basket as he highlighted the huge opportunity in the bilateral economic partnership. In his address at the India-Russia Business Forum...

New Delhi: Aviation watchdog DGCA Wednesday said it is investigating IndiGo flight disruptions, and has asked the airline to submit the reasons for the current situation as well as the plans to reduce flight cancellations and delays. The country's largest airline, IndiGo, Wednesday cancelled more...

Bhubaneswar: Odisha government has paid Rs 1.6 crore to actress Madhuri Dixit Nene after making her the ambassador of state handlooms, a minister informed the state Assembly Wednesday. Madhuri Dixit has been appointed as the brand ambassador of Odisha handlooms this year and Rs 1.6...

Kathmandu: Nepal is set to hold discussions with India on supplying aviation fuel through the cross-border petroleum pipeline to Nepal, as officials from the two countries are scheduled to meet next week in New Delhi, a senior Nepali official said Wednesday. Nepal began transporting diesel...

New Delhi: JFE Steel Corporation of Japan will invest Rs 15,750 crore to form a joint venture with Sajjan Jindal-led JSW Steel, according to a regulatory filing. The joint venture (JV) will include JSW Steel's arm Bhushan Power & Steel Ltd's (BPSL) integrated steel plant,...

Mumbai: The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.21 (provisional) Wednesday, down 25 paise from its previous close, amid sustained foreign fund outflows and higher crude oil prices. Uncertainty over the India-US trade deal,...

Bhubaneswar: Outstanding electricity dues totalling Rs 6,957.57 crore remain unpaid by industrial, commercial and domestic consumers across Odisha, Deputy Chief Minister KV Singh Deo told the Assembly Wednesday. Singh Deo, who is in charge of the Energy Department, gave the information in a written reply...