BUSINESS

Indian economy likely to grow at 6.5 per cent in FY26: CII president

Indian economy likely to grow at 6.5 per cent in FY26: CII president

CII president asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in…
Trade talks: USTR Jamieson Greer plans to visit South Korea this week

Trade talks: USTR Jamieson Greer plans to visit South Korea this week

Greer is scheduled to arrive in South Korea on Thursday for a two-day stay to attend the Asia-Pacific Economic Cooperation…
No impact of India-Pak tensions on Basmati trade, says rice exporters body

No impact of India-Pak tensions on Basmati trade, says rice exporters body

All India Rice Exporters Association president Satish Goel said the recent increase in prices of the commodity was owing to…
Indian Overseas Bank clarifies about rumours of ATM closures as ‘false’, ‘unfounded’

Indian Overseas Bank clarifies about rumours of ATM closures as ‘false’, ‘unfounded’

“Indian Overseas Bank assures the public that all our ATMs are fully operational. The rumours circulating about ATM closures are…
SBI to sell 13 per cent stake in Yes Bank to Japanese SMBC for Rs 8,889 cr

SBI to sell 13 per cent stake in Yes Bank to Japanese SMBC for Rs 8,889 cr

The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44…
No shortage of fuel, Indian oil companies assure public

No shortage of fuel, Indian oil companies assure public

State-owned IOC, BPCL and HPCL in separate statements said India has ample fuel stocks available and there is no need…
Swiggy’s March quarter net loss nearly doubles to Rs 1,081 cr

Swiggy’s March quarter net loss nearly doubles to Rs 1,081 cr

Total expenses shot up to Rs 5,609.6 crore during the the March quarter of FY25, as against Rs 3,668 crore…
LG Electronics begins work on Rs 5,000-crore plant in Andhra Pradesh

LG Electronics begins work on Rs 5,000-crore plant in Andhra Pradesh

The South Korean giant’s investment in Andhra Pradesh is the largest single stage electronics investment in South India. Production at…
India’s services sector growth improves slightly in April

India’s services sector growth improves slightly in April

The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating…
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