Business

The two sides have agreed to conclude the agreement in two phases on account of the uncertain global trade environment, particularly due to the US tariff actions under President Donald Trump

CII president asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in the backdrop of increasing trade barriers

Greer is scheduled to arrive in South Korea on Thursday for a two-day stay to attend the Asia-Pacific Economic Cooperation (APEC) trade ministers meeting, which will be held on the southern resort island of Jeju

Total expenses shot up to Rs 5,609.6 crore during the the March quarter of FY25, as against Rs 3,668 crore in the corresponding period of the previous year

State-owned IOC, BPCL and HPCL in separate statements said India has ample fuel stocks available and there is no need for panic buying

The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44 crore shares or equivalent to 13.19 per cent stake in Yes Bank, for a consideration of Rs 8,888.97 crore, SBI said

"Indian Overseas Bank assures the public that all our ATMs are fully operational. The rumours circulating about ATM closures are false and unfounded", the bank said

All India Rice Exporters Association president Satish Goel said the recent increase in prices of the commodity was owing to higher demand and not due to the ongoing India-Pakistan tensions

DPIIT, Ministry of Commerce and Industry, has notified the expansion of the CGSS, which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore

According to forex traders, escalating geopolitical tensions between India and Pakistan have triggered a risk-off sentiment in the market, contributing to the rupee's decline. Additionally, rising demand for the US dollar has further dampened investor confidence.

On Thursday night, India promptly intercepted and neutralized Pakistan's renewed attempts to target military installations using drones and missiles in areas including Jammu and Pathankot, following earlier similar strikes at 15 locations across the northern and western regions, escalating tensions and raising concerns of a broader conflict.

The Mukesh Ambani-run firm was the first to apply for a patent on May 7 and was followed by three more — a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer

The South Korean giant’s investment in Andhra Pradesh is the largest single stage electronics investment in South India. Production at the home appliance factory is expected to begin at the end of next year

The benchmark indices showed range-bound movement during morning trade, with the BSE Sensex down by 87.81 points at 80,553.26 and the Nifty slipping 16.55 points to 24,365.05.

Markets witnessed sharp volatility in early trade, with the Sensex swinging between a high of 80,844.63 and a low of 79,937.48, while the Nifty fluctuated from a peak of 24,449.60 to a low of 24,220.

Early Wednesday, the Indian armed forces launched missile strikes on nine terrorist targets in Pakistan and Pakistan-Occupied Kashmir, targeting key locations such as the Jaish-e-Mohammad stronghold in Bahawalpur and the Lashkar-e-Taiba base in Muridke.

The pact lowers tariffs on 99 per cent of Indian goods to zero in the UK market while allowing Indian workers to travel to the UK for work without changing Britain’s point-based immigration system

Though there is little clarity just yet, the fear is that it will impact the footfall for Indian movies screened in the US, according to a section of industry insiders, including Shibasish Sarkar, president of the Producers Guild of India, filmmaker Vivek Agnihotri and exhibitor-distributor Akshay Rathi

The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output

Prayas Chakravorty, a deputy general manager (DGM) of Oil India Limited (OIL), had allegedly demanded a bribe from Jyoti Kumar Singh, the DGM of Noida-based United Drilling Tools Limited, for the award of a certain contract in favour of the private company, they said

The solution was piloted with over 250 businesses across sectors, including banking, retail, food delivery, mobility, Quick commerce, courier and logistics

The output of iron ore, which accounts for 70 per cent of the total mineral production by value, increased to 289 million metric tonnes (MMT) in FY 2024-25, breaking the earlier production record of 277 MMT achieved in FY 2023-24, registering a 4.3 per cent growth

The development follows Apple CEO Tim Cook’s recent statement during the company’s Q2 2025 earnings call, where he disclosed that most iPhones sold in the US during the ongoing April–June quarter would be manufactured in India.

Iyer will represent India on the IMF Board as the slot has fallen vacant following the recall of KV Subramanian as the country’s executive director, six months ahead of his three-year tenure