Business

New Delhi: The Indian government has neither directed its oil companies to halt nor continue the purchase of Russian oil, instead allowing them the freedom to make procurement decisions purely based on economic considerations, HPCL's chairman said Friday. Russian crude oil made up for just...

New Delhi: India, currently OpenAI's second-largest market, could soon become its largest globally, CEO Sam Altman said Wednesday as the company unveiled its next-generation model, GPT-5, which will be available free to all users. Hailing India as an "incredibly fast-growing" market, Altman noted the remarkable...

New York/Washington: US President Donald Trump has ruled out the possibility of trade negotiations with India, until the issue of tariffs is resolved. “No, not until we get it resolved,” Trump said in the Oval Office Thursday in response to a question on whether he...

New Delhi: Domestic export sectors such as leather, footwear, gems and jewellery, textiles and shrimp will be severely impacted by the imposition of the 50 per cent tariff by the US, say industry experts. US President Donald Trump Wednesday slapped an additional 25 per cent...

Mumbai: The Reserve Bank of India (RBI) kept its policy interest rate unchanged Wednesday as it appeared to have taken a wait-and-watch approach to assess the full unveiling of US President Donald Trump's trade policies as well as transmission of past rate cuts. The six-member...

Washington: US President Donald Trump Wednesday announced that he has signed an executive order imposing an additional 25 per cent tariff on imports from India, citing the country’s continued purchase of Russian oil. The White House said the decision is aimed at strengthening measures taken...

New Delhi: As part of its digital transformation under IT 2.0, India Post has undertaken a massive nationwide rollout of the Advanced Postal Technology (APT) application, the Ministry of Communication said Wednesday. This transition from the legacy system marks a major step toward delivering faster,...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Wednesday met Union Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi in New Delhi, urging the Centre to enhance the rice procurement target from the state for the upcoming Kharif season. In a post on social...

Mumbai: Benchmark BSE Sensex reversed its early gains to close lower by 160 points Wednesday due to selling in IT and healthcare shares amid the RBI policy decision to keep the key interest rates unchanged. The 30-share BSE Sensex fell 166.26 points or 0.21 per...

Mumbai: The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said Wednesday, days after US President Donald Trump's remark of India being a dead economy. The country is expected to grow 6.5 per...