Business

New Delhi: Supreme Court Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years. A bench comprising Chief Justice B R Gavai and Justices Satish Chandra...

New Delhi/Jharsuguda: Prime Minister Narendra Modi will unveil state-owned BSNL’s ‘Swadeshi’ 4G stack during his Odisha visit September 27, marking India’s entry into the coveted league of nations that produce and manufacture telecom equipment. The India-made network is cloud-based, future-ready and can upgrade seamlessly to...

Chandigarh: A ceremony for the culmination of operations of Russian-origin MiG-21, whose induction in the early 1960s catapulted the force into the jet age, was underway at the Chandigarh Air Force Station in Chandigarh Friday. Six decades after they were inducted into the force, the...

New Delhi: Indian Pharmaceutical Alliance (IPA) Friday said US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 will impact only patented and branded products, not generic medicines. Reacting to the development, IPA Secretary General Sudarshan Jain...

Washington: President Donald Trump has said that he will put import taxes of 100 per cent on pharmaceutical drugs, 50 per cent on kitchen cabinets and bathroom vanities, 30 per cent on upholstered furniture and 25 per cent on heavy trucks starting October 1. The...

New Delhi: India, US talks are happening at different levels covering both trade and non-trade issues, an official said. Commerce and Industry Minister Piyush Goyal is in the US for trade talks. He is accompanied by senior officials of the ministry, including special secretary and...

New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, Wednesday approved the construction of the 4-lane Sahebganj-Areraj-Bettiah section of National Highway (NH) 139W in Bihar across a total project length of 78.942 km with an investment of Rs 3,822.31 crore....

New Delhi: In a major festive season push, the Union Cabinet Wednesday approved a Productivity Linked Bonus (PLB) worth Rs 1,866 crore for railway employees, benefiting over 10.90 lakh staff across the country. Union Railways Minister Ashwini Vaishnaw said the bonus, equivalent to 78 days...

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, Wednesday approved a comprehensive package of Rs 69,725 crore to revitalise India’s shipbuilding and maritime ecosystem. The overall package is expected to unlock 4.5 million Gross Tonnage of shipbuilding capacity, generate nearly 30 lakh...

Bhubaneswar: The recent tariff imposed by US on Indian goods has directly affected 62 seafood processing entrepreneurs and indirectly impacted 25,000 prawn farmers of Odisha, a state minister said Wednesday. While replying to a written query by BJD legislator Tusharkanti Behera in the Assembly, Fisheries...