Business

Mumbai: Equity benchmark indices Sensex and Nifty surged Friday after four days of decline in tandem with a rally in global markets as a lower-than-expected US consumer price inflation data for November reinforced expectations of further interest rate cuts by the Federal Reserve. Fresh foreign...

Bhubaneswar: Odisha Thursday generated investment intent worth around Rs 38,700 crore on the first day of its two-day investors' meet in Hyderabad, an official statement said. Chief Minister Mohan Charan Majhi attended the opening day of the meet, as well as a roadshow organised by...

Muscat: Prime Minister Narendra Modi and Oman Sultan Haitham Bin Tarik Thursday held extensive discussions in Muscat on adding greater depth to the strategic partnership between both countries. The two leaders welcomed the signing of Comprehensive Economic Partnership Agreement (CEPA), terming it as a "milestone"...

Mumbai: IndiGo Chief Executive Officer Pieter Elbers, Thursday said the airline's focus now is on three things: resilience, root-cause analysis, and rebuilding, after the domestic carrier inconvenienced and caused hardship to lakhs of passengers across airports by cancelling thousands of flights earlier this month. In...

New York/Washington: The US views India as a “highly strategic potential partner” in supply chain security-related efforts and welcomes the opportunity to engage with the country, following New Delhi's exclusion from a recently launched Washington-led initiative on silicon supply chain. Under Secretary of State for...

Brussels: European Union leaders are gathering Thursday for a summit aimed at agreeing on a massive loan to cover Ukraine's military and other financial needs for the next two years. The leaders will also discuss migration, the bloc's enlargement policy, trade and economies, but working...

New Delhi: The Indira Gandhi International Airport (IGI) in the national capital issued a passenger advisory Thursday morning amid dense fog conditions, cautioning travellers that Low Visibility Procedures (LVP) had been implemented even as flight operations continued without major disruption. In a travel advisory issued...

Kochi: A major aviation mishap was averted Thursday when an Air India Express flight carrying around 160 passengers made an emergency landing at Kochi in Kerala after developing a technical snag mid-air. The flight, AIE 398, had originated from Jeddah in Saudi Arabia and was...

Islamabad: The fourth submarine in Pakistan Navy's Hangor-class series, named Ghazi, was launched at Shuangliu Base in China, the Inter-Services Public Relations (ISPR) said Wednesday. The fourth Hangor-class submarine has been built by all-weather ally China for the Pakistan Navy under an agreement for the...

New Delhi: Parliament Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance...