Business

New Delhi: Supreme Court Tuesday directed status quo with regard to an order of the Karnataka High Court which directed enhancement of ethanol allocation for the Ethanol Supply Year (ESY) 2025-26. The top court was hearing a plea filed by an oil marketing company which...

Mumbai: Reserve Bank Tuesday said the interim peace deal between Iran and the US can provide tailwinds to Indian economic growth. In its bi-annual financial stability report released Tuesday, the central bank also said that the growth in gold imports has decelerated "substantially" in May...

New Delhi: Adani Ports and Special Economic Zone (APSEZ) Tuesday said Switzerland-based MSC, the world's largest shipping transport and logistics conglomerate, will acquire 49 per cent stake in its Vizhinjam port in Kerala for about USD 1.4 billion. Mediterranean Shipping Company (MSC) will make the...

Mumbai: Almost a week after announcing his decision to step down as chairman of Trent, Noel Tata Tuesday said he will also relinquish the chairmanship of Tata Group company Voltas. Addressing shareholders at the cooling products maker's 72nd annual general meeting (AGM) in Mumbai, the...

Mumbai: Benchmark stock indices Sensex and Nifty declined on Tuesday due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of US-Iran negotiations in Doha. The 30-share BSE Sensex declined 249.70 points, or 0.33 per cent, to...

Mumbai: Domestic financial system remains resilient, underpinned by strong bank and non-bank balance sheets, said the Reserve Bank's Financial Stability Report (FSR) released Tuesday. Scheduled Commercial Banks (SCBs) remain safe and sound, supported by strong capital and liquidity buffers, continued improvement in asset quality, and...

New Delhi: WhatsApp, the instant messaging service owned by Meta, is set to unveil a new feature aimed at enhancing users’ convenience and addressing their privacy concerns. The one-of-a-kind feature will delink the messaging service from users’ mobile numbers, allowing them to converse and interact...

New Delhi: Hospitality technology company Prism, the parent of OYO, has filed updated draft papers with markets regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO), comprising entirely a fresh issue of shares. The company has not included any offer-for-sale (OFS)...

New Delhi: Meta-owned WhatsApp has announced the start of global reservations of usernames, a major privacy feature designed to protect the privacy of users’ phone number. Usernames reservations will begin rolling out on Monday, allowing people to create and reserve a username before the feature...

Washington: The US-India Strategic Partnership Forum (USISPF) said negotiations for a bilateral trade agreement between India and the United States have gathered significant momentum, as senior business leaders held a closed-door roundtable with United States Trade Representative Ambassador Jamieson Greer during the organisation's IX Annual...