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US orders Air India to pay USD 121.5 million as passenger refunds and USD 1.4 million as fines

Washington: The US has ordered Tata-group owned Air India to pay a whopping USD 121.5 million as refunds and USD 1.4 million as penalties for extreme ...

WPI inflation eases to 19-month low of 8.39 pc in Oct

New Delhi: The wholesale price-based inflation declined to a 19-month low of 8.39 per cent in October, on easing prices of fuel and manufactured items...

Rupee falls 15 paise to 80.93 against US dollar

Mumbai: The rupee witnessed heavy volatility in early trade on Monday and depreciated 15 paise to 80.93 against the US dollar in line with a muted tre...

Markets climb in early trade, turn volatile later

Mumbai: Benchmark indices rallied in early trade on Monday amid positive cues from global markets and unabated foreign fund inflows, but later faced v...

LIC net profit soars to Rs 15,952 crore in September quarter

Mumbai: State-owned insurer LIC on Friday reported a multi-fold jump in net profit to Rs 15,952 crore in the September quarter, boosted by profits fro...

India to be one of top three economic powers in next 10-15 years: FM Nirmala Sitharaman

New Delhi: India has emerged as one of the fastest-growing major economies in the world and is expected to be one of the top three economic powers glo...

India's Industrial Output jumps 3.1% in September against 0.8% fall in August

New Delhi: India’s industrial output, as measured by the Index of Industrial Production (IIP), grew 3.1 per cent in September, supported by a double-d...

Gross Direct tax collections till Nov 10 of this fiscal continue to register steady growth

New Delhi: Ministry of Finance has said that the provisional figures of Direct Tax collections up to 10th November of this fiscal continue to register...

UPI transfer service to start soon between India and Singapore

Unified Payments Interface (UPI)-based money transfers between India and Singapore will shortly begin, and technical work to connect UPI and PayNow ha...

Sensex rises 809 points in early trade

Mumbai: Equity benchmark Sensex climbed 809.64 points in early trade on Friday, helped by heavy buying in IT counters amid a rally in global markets a...

Rupee gains 71 paise to 80.69 against US dollar in early trade

Mumbai: The rupee appreciated 71 paise to 80.69 against the American currency in early trade on Friday, as moderating US CPI data coupled with the fal...

Amazon unveils design of new Prime Air delivery drone

San Francisco: E-commerce giant Amazon has unveiled the design of its new Prime Air delivery drone, which will handle high temperatures and light rain...

I will remove all legacy Blue badges in coming months: Musk

New Delhi: Elon Musk on Friday said that there are too many corrupt and fake legacy Blue “verification” checkmarks on Twitter and he is going to remov...

Municipal corporations across India must explore ways to foster alternative and sustainable resource mobilisation through municipal bonds, says RBI

The Reserve Bank of India yesterday said that municipal corporations across India must explore ways to foster alternative and sustainable resource mob...

PhonePe first player to enable UPI activation with Aadhaar

New Delhi: Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar-based OTP authentication.PhonePe is the...

Finance Minister Nirmala Sitharaman approves Sovereign Green Bonds framework

Finance Minister Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India. Green bonds are financial instruments that genera...

US-India CEO Forum officially launched

Washington: US Secretary of Commerce Gina Raimondo and Indian Commerce and Industry Minister Piyush Goyal have officially launched the US-India CEO Fo...

Pi Square Technologies opens Global Delivery Centre with 300 people in Hyderabad

Hyderabad: Detroit headquartered US Tech firm Pi Square Technologies opened its Global Delivery Centre (GDC) in Hyderabad Monday. The Centre will focu...

Bumper Saffron crop cheers up farmers in Kashmir Valley

In the Kashmir Valley, farmers are happy with the bumper Saffron crop this year. The GI Certification of Kashmiri Saffron by Geographical Indications ...

Textiles Minister Piyush Goyal holds 3rd interactive meeting with Textile Advisory Group in New Delhi

New Delhi: Textiles Minister Piyush Goyal held a third interactive meeting with the Textile Advisory Group in New Delhi to review the progress of init...

Bandhan Bank launches special limited-period FD

Hyderabad: Banking and financial services company Bandhan Bank has unveiled a special limited-period fixed deposits scheme. Under the special FD, the ...

Three prominent Indian businesswomen among 20 Asian lady entrepreneurs in Forbes November issue

Singapore: Three top Indian businesswomen are featured in the Forbes Asia November issue highlighting 20 Asian women who came up with varying strategi...

Govt allows export of sugar upto 60 Lakh Metric Tonnes in sugar season

New Delhi: The government has allowed the export of sugar upto 60 Lakh Metric Tonnes during the sugar season 2022-23. The measure is aimed at balancin...

SBI logs highest-ever quarterly profit at Rs 13,265 cr in 2nd quarter

The country's biggest bank State Bank of India (SBI) has reported its highest-ever quarterly profit of 13,265 crore rupees for the second quarter ende...

India's forex reserve goes up by 6.561 bn to reach 531.081 bn US Dollars, says RBI

Mumbai: Reserve Bank of India has said that India's forex reserves increased by 6.561 billion to reach 531.081 billion US Dollars for the week ended O...

Markets climb in early trade after two days of fall

Mumbai: Benchmark indices bounced back in early trade on Friday, after falling in the past two days, helped by continuous buying from foreign institut...

Rupee gains 25 paise to 82.63 against US dollar in early trade

Mumbai: The rupee appreciated 25 paise to 82.63 against the US dollar in early trade on Friday as the American currency retreated from its elevated le...

India needs to become quality-conscious nation & adopt quality as an integral part to be developed nation by 2047: Piyush Goyal

New Delhi: Commerce and Industry Minister, Piyush Goyal has said, to become a global manufacturing power, India will have to both- expand its manufact...

Mamata writes to Modi, seeks export tax exemption for Gobindobhog rice

Kolkata: West Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Narendra Modi, urging him for exemption of 20 per cent export tax on the s...