Business

New Delhi: Benchmark indices Sensex and Nifty have dropped more than 5 per cent over the past month, wiping out Rs 17.17 lakh crore in investor wealth as surging crude oil prices, geopolitical uncertainties, and elevated bond yields dampened market sentiment. Indications of further monetary...

New Delhi: India's industrial output increased by 8 per cent in August from 7.4 per cent in the preceding month, mainly due to a good show by the manufacturing sector, according to the latest government data released Monday. This is the fifth monthly Index of...

Mumbai: Stock markets tumbled Monday, with the benchmark Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800 as surging crude oil prices, geopolitical uncertainties, and weak global trends hit investor sentiment. The 30-share BSE Sensex tanked 1,124.02 points, or 1.52...

Mumbai: The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk...

Mumbai: India is exploring the possibility of strengthening its energy partnership with the United Arab Emirates (UAE) by sourcing more liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Gulf nation, while also working on expanding strategic petroleum reserves to bolster the country's...

Washington: President Donald Trump has justified the pending US arms sale to Taiwan to Chinese President Xi Jinping by downplaying it as just one of many sales Washington makes around the world -- even asking Xi if he'd be in the market for US arms,...

Bhubaneswar: BJD chief Naveen Patnaik Monday said he will fight against the MMDR Act "till his last breath" to "safeguard the future of Gen Z". Addressing a massive BJD rally outside the Odisha Assembly demanding the repeal of the Mines and Mineral (Development and Regulation)...

New Delhi: Supreme Court Monday refused to grant an interim stay on the imposition of merchant discount rate (MDR) on specified UPI person-to-merchant transactions above Rs 2,000 coming into effect from October 15. The top court agreed to examine the challenge to the imposition of...

Bhubaneswar: Odisha Assembly witnessed noisy scenes for the fifth consecutive working day Monday as Opposition BJD and Congress MLAs staged protests against the MMDR Act, prompting the adjournment of the proceedings till 4 pm. As soon as the House assembled for Question Hour at 10.30...

Washington: India has been included among countries eligible for zero US tariffs on several categories of speciality pharmaceutical products and ingredients, offering targeted relief to one of America’s leading sources of medicines. The US Commerce Department published the list as Washington prepares to impose a...