Business

Oslo: Prime Minister Narendra Modi Tuesday discussed ways to further strengthen bilateral ties in areas such as trade and renewable energy during separate meetings with his counterparts from Iceland, Finland and Denmark. PM Modi held the meetings ahead of the 3rd India-Nordic Summit. During his...

New Delhi/New York: US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing high-profile securities and wire fraud case in New York to a complete close after prosecutors concluded they could not sustain the allegations....

New Delhi: Petrol and diesel prices were hiked by about 90 paise per litre Tuesday, marking the second increase in fuel rates in less than a week after state-run oil firms ended a nearly four-year freeze on revisions. The increase pushed petrol prices in New...

Oakland: A federal court Monday dismissed claims filed against OpenAI and its top executives by Elon Musk, who accused them of betraying a shared vision for it to remain a nonprofit dedicated to guiding artificial intelligence's development for the good of humanity. Musk, the world's...

Washington: The US has approved the possible sale of support services and related equipment for Apache helicopters to India for an estimated cost of USD 198.2 billion, the US Department of State said. The Department of State also approved a possible sale of sustainment support...

New Delhi: India has been purchasing Russian oil irrespective of US sanctions waivers and will continue to do so based on commercial viability and energy security needs, a senior petroleum ministry official said Monday. "Regarding the American waiver on Russia, I would like to emphasise...

Mumbai: Indian rupee weakened further and closed at a record low of 96.35 (provisional) against the US dollar Monday, pressured by rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar. Forex traders said the global market sentiments continue to...

Bhubaneswar: Volatility has shot up in the financial markets due to the ongoing West Asia conflict, but the Indian bourses have the capacity to "absorb different types of shocks", SEBI Chairman Tuhin Kanta Pandey said Monday. When there is a crisis in one part of...

Kandla: A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla in Gujarat after crossing the Strait of Hormuz amid the West Asia crisis, officials said Sunday. The Marshall Islands-flagged MV SYMI started its journey from Qatar...

New Delhi: India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean, people familiar with the matter said...