Business

New Delhi: RBI Governor Sanjay Malhotra said that if the Middle East conflict continues, India may be forced to raise petrol and diesel prices due to the soaring cost of crude oil in the global market. The RBI Governor highlighted that rising energy prices due...

New Delhi: The government on Wednesday hiked import duties on gold and silver to 15 per cent from 6 per cent as part of measures to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis. Days after...

New Delhi: The free trade agreement (FTA) between India and Oman is expected to come into force from June 1, Commerce and Industry Minister Piyush Goyal said Tuesday. The pact was signed in December 2025. "I have had a good meeting with Oman team today...

New Delhi: Retail inflation rose marginally to 3.48 per cent in April compared to 3.40 per cent in the preceding month, mainly due to an uptick in food prices. Food inflation, as per the Consumer Price Index (CPI), was 4.2 per cent last month compared...

Mumbai: Equity benchmark indices ended lower for the fourth consecutive session Tuesday, with the Sensex and Nifty tumbling nearly 2 per cent, as elevated crude oil prices and uncertainty surrounding the West Asia conflict clouded markets' confidence. Unabated foreign fund outflows and the rupee depreciating...

Mumbai: The rupee depreciated 35 paise to close at an all-time low of 95.63 (provisional) against the US dollar on Tuesday, as renewed tension between the US and Iran has led to risk aversion in global markets. Forex traders said market sentiment remained dominated by...

New Delhi: India and Norway are exploring more opportunities in sectors such as maritime, green energy and startups and the upcoming visit of Prime Minister Narendra Modi to Oslo will only cement bilateral ties in these sectors, May-Elin Stener, Ambassador of Norway to India, said...

New Delhi: India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, a top oil ministry official said Monday, adding that the country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks. "There...

Mumbai: The rupee tanked 82 paise to settle at its record low of 95.31 (provisional) against the US dollar Monday after US President Donald Trump rejected Iran's response to the West Asia peace proposal, following which crude oil prices surged rapidly. Prime Minister Narendra Modi...

New Delhi: The Centre Monday announced that the new Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, will come into force across India from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The government...