Business

New Delhi: The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark...

New Delhi: India and New Zealand are set to sign a long-awaited free trade agreement Monday, more than four months after concluding negotiations, with the deal expected to significantly boost bilateral trade, investments and market access across sectors. The agreement will be signed at Bharat...

Kathmandu: India's envoy in Kathmandu and the energy minister in the new government in Nepal discussed issues of mutual interest and those focusing on cooperation in energy. India's Ambassador to the Himalayan nation Naveen Srivastava and Nepal's Minister for Energy, Water Resources, and Irrigation Biraj...

Bhubaneswar/Sambalpur: In a major boost to Odisha's industrial sector, the state government Friday facilitated a joint venture between JSW Steel Limited and JFE Steel Corporation, attracting an investment of over Rs 15,000 crore from Japan for the expansion of a steel project in Sambalpur district,...

New Delhi: US Department of Commerce has announced preliminary anti-dumping duty on imports of solar cells and panels from India. "...consistent with our practice, we preliminarily assign the dumping margin alleged in the Petition, which is 123.04 per cent, to all other producers and exporters...

Mumbai: Reserve Bank of India Friday said it has cancelled the banking licence issued to Paytm Payments Bank. The licence was cancelled as the "affairs of the bank were conducted in a manner detrimental to the interest of the bank and its depositors", the RBI...

Mumbai: Equity benchmark indices Sensex and Nifty tumbled over 1 per cent Friday, falling for the third consecutive day, as a sharp rally in crude prices and massive selling in IT counters weighed heavily on investors' sentiment. Unabated foreign fund outflows, a negative trend in...

New Delhi: The government Friday said the three-day trade talks between Indian and US officials concluded April 23, with both sides agreeing to stay engaged to sustain the momentum ahead. Both sides discussed several areas, such as market access, non-tariff measures, technical barriers to trade,...

Male: India has approved the first withdrawal of Rs 30 billion under its continuing economic and financial assistance to Maldives, according to the Indian High Commission here. The funds are being released under the first drawdown of the SAARC Currency Swap Framework, the Indian mission...

By Arindam Ganguly, OP Bhubaneswar: Highlighting that Odisha is rapidly emerging as a hub for industry, investment, technology and innovation, Chief Minister Mohan Charan Majhi said Thursday that entrepreneurs are not just successful business persons but role models whose stories inspire the younger generation to...