Business

Islamabad: Pakistan Tuesday carried out an auction of 5G spectrum, marking a milestone in the country's digital development. The three bidders, including Zong, Jazz and Ufone, competed at 2600 megahertz for the key frequency band needed for the 5G service. Zong acquired 110MHz, Ufone 180MHz...

New Delhi: Pieter Elbers has resigned as the CEO of IndiGo, the country’s largest airline operated by InterGlobe Aviation Limited, following the low-cost carrier’s worst-ever flight crisis in December last year, it was informed Tuesday. In a filing to exchanges, the airline said that Rahul...

New Delhi: The Union Cabinet Tuesday approved the extension of Jal Jeevan Mission up to December 2028 with an enhanced outlay of Rs 8.7 lakh crore, Union Minister Ashwini Vaishnaw said. The project was launched by Prime Minister Narendra Modi in 2019 to provide safe...

New Delhi: There is no shortage of lower-denomination currency notes of Rs 10, Rs 20 and Rs 50 in circulation in the country, the government told the Parliament Tuesday. Minister of State for Finance, Pankaj Chaudhary, in a reply to a question in the Rajya...

Bhubaneswar: Concerned over the shortage in supply of commercial gas cylinders, the Hotel & Restaurant Association of Odisha (HRAO) Tuesday sought Petroleum Minister Hardeep Singh Puri's intervention for smooth provisions of LPG to hotels and restaurants. In its memorandum submitted to Puri, the association said...

New Delhi: The government Tuesday sought Lok Sabha approval for gross additional expenditure of over Rs 2.81 lakh crore in current fiscal year. The second batch of Supplementary Demands for Grants was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman. "Approval of Parliament...

New Delhi: The government Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken in a meeting of...

Bhubaneswar: Long queues were seen at LPG distribution centres in Bhubaneswar Tuesday amid concerns over possible supply disruptions due to ongoing Middle East tensions. Customers reportedly waited in long lines with gas passbooks at centres such as Khandagiri HP Gas. Some customers reported delays of...

Colombo: Sri Lanka has increased retail fuel prices by over 8 per cent with effect from midnight Monday in a bid to curb hoarding and panic buying amid rising global crude oil prices, officials said Tuesday. The price revision comes as global crude oil prices...

New Delhi: Commerce and Industry Minister Piyush Goyal Tuesday said the government is looking to extend help to exporters on the insurance front to help them deal with the ongoing West Asia crisis. He said an inter-ministerial group is keeping tabs on the developments on...