Business

New Delhi: The Reserve Bank of India (RBI) has clarified Export Declaration Form (EDF) compliance norms for resident individuals exporting services, saying that they will be deemed to have submitted the EDF once they provide the required payment-related information to their authorised dealer (AD) bank....

Bhubaneswar/New Delhi: Odisha Chief Minister Mohan Charan Majhi left for New Delhi Monday evening on a two-day visit to attend the Bharat Renewable Energy Summit & Expo 2026 at Bharat Mandapam Tuesday. The CM is expected to participate in the summit Tuesday along with Deputy...

Stockholm: Supermarkets in Sweden, Belgium, Luxembourg, Ireland and Estonia were hit Monday by problems with freezers and fridges that apparently were caused by cyberattacks, forcing some to dispose of ruined food. The problems follow a case last month in which attackers remotely took control of...

Brussels: Belgian Prime Minister Bart De Wever handed in his resignation Monday as a long-simmering budget crisis boiled over, but King Philippe has not yet decided whether to accept it. De Wever, a conservative Flemish nationalist, took office determined to tackle heavily indebted Belgium's budget...

Mumbai: India's markets regulator has recommended the government remove the long-term capital gains (LTCG) tax imposed on foreign investors, two people with direct knowledge of the matter said, as India looks to galvanise its underperforming equity markets. The Securities and Exchange Board of India (SEBI)...

New Delhi: A Delhi court Monday granted the CBI two days of transit remand of Sourabh Chandrakar, alleged kingpin in the Rs 6,000-crore Mahadev online betting app case. Principal District and Sessions Judge Nikhil Chopra allowed the agency's plea seeking the transit remand to produce...

Mumbai: The government will continue to support growth by undertaking capital expenditure until private sector investment increases, Union Finance Minister Nirmala Sitharaman said Monday. Speaking at an event organised by HSBC here, she said the government accords top priority to fiscal prudence and will continue...

Tehran: Iran's Foreign Ministry spokesman Esmaeil Baghaei said Monday that if the United States meets Iran's "legitimate" demands, it will be possible to reopen the Strait of Hormuz within two days. At a weekly press conference in Tehran, Baghaei said the basis for any indirect...

Mumbai: Stock market benchmark indices ended sharply higher Monday, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80, driven by a steep rally in bellwether Reliance Industries post earnings announcement and cooling crude oil prices. Foreign fund inflows and positive domestic macro...

New Delhi: Don't travel by air, the Supreme Court told a petitioner Monday while refusing urgent listing of a plea alleging nearly 700 per cent increase in airfares. An advocate mentioned the matter for urgent listing before a bench comprising Justices Vikram Nath, Sandeep Mehta...