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Business
Piyush Goyal embarks on UK visit to reinforce momentum on bilateral trade pact
18 Jun 2025 7:32 AM
New Delhi, June 18: Union Commerce and Industry Minister Piyush Goyal on Wednesday embarked on a high-level, two-day visit to the United Kingdom, to reinforce strategic momentum on India–UK Free Trade Agreement (FTA) and deepen bilateral economic cooperation.At a time of evolving global trade...
Business
Edible oil prices to come down as refiners pass on gains of customs duty cut
17 Jun 2025 8:52 AM
New Delhi, June 17: Domestic retail prices of edible oil, which saw firm trends during the first half of 2025 due to elevated global prices and currency depreciation, are expected to soften over the coming weeks as refiners pass on cost advantages to consumers.This is a result of the customs...
Business
Vishal Mega Mart shares tumble after Rs 10,488 crore block deal
17 Jun 2025 8:47 AM
Mumbai, June 17: The stock of Vishal Mega Mart on Tuesday saw a sharp decline of nearly 8 per cent in the early trade after a block deal.The drop came after a massive block deal worth Rs 10,488 crore in the stock market.The deal was carried out at an average price of Rs 115 per share, which...
Business
Oil prices continue to surge amid growing Israel-Iran tensions
17 Jun 2025 8:15 AM
New Delhi, June 17: Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a wider conflict in the Middle East.The prices jumped initially but later eased as the market stayed cautious about any major disruption in oil...
Business
EPFO tells members to avoid agents, use official portal for free services
16 Jun 2025 10:22 AM
New Delhi, June 16: EPFO has cautioned all its members against visiting or engaging with third-party companies or agents for EPFO-related services, as this may expose their financial data to third-party entities. These external entities are not authorised by EPFO and may charge unnecessary...
Business
1st commercial consignment of premium cherries heads to Saudi Arabia, UAE:...
16 Jun 2025 10:17 AM
New Delhi, June 16: The first commercial consignment of premium cherries from Jammu and Kashmir is heading to Saudi Arabia and the UAE, Commerce and Trade Minister Piyush Goyal said on Monday.In a post on X social media platform, the minister said a huge market opens up for cherry farmers, who...
Business
Hong Kong-Delhi flight undergoing checks after technical issue, passengers being...
16 Jun 2025 10:14 AM
New Delhi, June 16: An Air India Boeing 787-8 Dreamliner flight is currently undergoing technical checks after it returned to Hong Kong on Monday shortly after taking off to Delhi due to a technical snag, the airline said.The airline said in a statement that the aircraft, operating as AI315,...
Business
Debt recovery in stressed realty projects to rise 16% in 2025-26: Report
16 Jun 2025 10:11 AM
New Delhi, June 16: For Asset Reconstruction Companies (ARCs), the cumulative recovery rate of Security Receipts (SRs) issued towards stressed real estate projects will increase by 16 percentage points to 38 per cent during the current financial year, according to a Crisil Ratings report...
Business
Foreign investors infuse over Rs 3,346 crore into Indian stock markets this week
14 Jun 2025 10:13 AM
New Delhi, June 14: Foreign portfolio investors (FPIs) brought in Rs 3,346.94 crore into the Indian stock markets this week, as investor confidence received a strong boost following the Reserve Bank of India's (RBI) rate cut.According to data from the National Securities Depository Limited...
Business
US companies achieve record-breaking office leasing volumes in India: Report
14 Jun 2025 9:23 AM
Mumbai, June 14: US firms have achieved record-breaking office leasing volumes in India in the past couple of years, with 2024 marking the highest annual activity ever recorded, with global capability centres (GCCs) emerging as the primary growth driver, a report showed on Saturday.The leasing...
Business
Structural reforms in last 11 years reshaped India’s macroeconomic fundamentals:...
14 Jun 2025 9:09 AM
New Delhi, June 14: Structural reforms over the last 11 years under Prime Minister Narendra Modi’s vision reshaped India’s macroeconomic fundamentals, Finance Minister Nirmala Sitharaman said on Saturday.India’s emergence as the fastest-growing major economy is anchored on several favourable...
Business
India inflation likely to average around 2.5% for next 6 months: HSBC
13 Jun 2025 7:55 AM
India inflation is likely to average around 2.5 per cent for the next six months, lower than the RBI's forecast of 3.5 per cent
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