Business

NEW DELHI: Minister of State (MoS) for Road Transport and Highways Ajay Tamta in a meeting with experts from IIT Delhi, School of Planning and Architecture, Delhi, and industry partners on Friday, emphasised that the future of India's infrastructure lies in innovation-led, safety-integrated, and context-sensitive road planning.

NEW DELHI: The Finance Ministry announced on Friday that the tax benefits available under the National Pension Scheme (NPS) will apply mutatis mutandis to the Unified Pension Scheme (UPS), as it is an option under the former.

MUMBAI: The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable rate reverse repo (VRRR) auction.

MUMBAI: Defence stocks were trading in positive territory on Friday, a day after the union government approved the purchase of defence equipment worth Rs 1.05 lakh crore.

MUMBAI: Shares of Nuvama Wealth management plummeted over 10 per cent on Friday after the Securities and Exchange Board of India (SEBI) barred Jane Street, a US-based trading entity, from accessing the domestic equity market, asking them to deposit alleged illegal gains of Rs 4,843.5 crore in an account in favour of the market's regulator.

NEW DELHI: Steel Authority of India Limited (SAIL) has inaugurated its first representative office for the Middle East in Dubai, marking a significant step in the public sector steel giant's global expansion strategy.

NEW DELHI: To further deepen the India-US collaboration, Nasscom on Friday said it is launching the US CEO Forum at the Consulate General of India in New York on July 9.

NEW DELHI: Air India has denied allegations from British law firm Stewarts Law that it forced families of the AI 171 crash victims to disclose financial dependency on the deceased to get compensation. Over 40 families represented by Stewarts Law have accused the airline of coercion and intimidation as they pursue claims related to the crash of the London-bound Boeing plane crash at Ahmedabad in which over 241 passengers and crew were killed.

SEOUL: South Korea's current account surplus widened in May from a month earlier, despite falling exports, due mainly to falling global oil prices and an increase in dividend income, central bank data showed on Friday.

NEW DELHI: The Centre for Development of Telematics (C-DOT) should stand shoulder-to-shoulder with global tech leaders like Nokia, Ericsson and Huawei by 2047, Minister of State for Communications and Rural Development, Dr Pemmasani Chandra Sekhar, has said.

MUMBAI: The domestic benchmark indices opened marginally higher on Friday amid mixed global cues, as buying was seen in the IT, PSU bank and financial service sectors in the early trade.

The rate of Canada visa refusal remains significant, especially for applicants from countries with high demand. But a refusal doesn't mean the end; it means it's time to reset, understand what went wrong, and come back stronger.

MUMBAI: The Indian stock markets ended lower on Thursday after a day of cautious trading, as late selling pressure erased earlier gains. Investors remained watchful amid hopes of a possible trade agreement between the US and India.

NEW DELHI: HDFC Bank CEO and Managing Director Sashidhar Jagdishan has filed a petition in the Supreme Court to quash the first information report (FIR) lodged against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, alleging that he has accepted a bribe of Rs 2.05 crore.

MUMBAI: The Indian stock market saw strong performance across all segments in June, with the Nifty Smallcap 250 index leading the way with a sharp gain of 5.73 per cent, a new report said on Thursday.

NEW DELHI: HDFC Bank Managing Director and CEO, Sashidhar Jagdishan, has approached the Supreme Court to quash an FIR filed against him by the Lilavati Kirtilal Mehta Medical Trust, which runs Mumbai’s Lilavati Hospital.

NEW DELHI: An Air India flight AI 103 from Delhi to Washington, D.C., was cancelled due to a technical snag that the aircraft faced during its fuel stop in Vienna, the airline said on Thursday.

NEW DELHI: Domestic capital surged by 53 per cent to $1.4 billion in the country's real state market, accounting for 48 per cent of the total inflows in the January-June period (H1 2025), a report showed on Thursday.

MUMBAI: The Indian benchmark indices opened higher on Thursday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade.

MUMBAI: The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump's firm stand on the upcoming tariff deadline.

MUMBAI: India’s Exchange-Traded Funds (ETFs) have seen tremendous growth over the last five years, with total Assets Under Management (AUM) rising more than five times and retail investor folios increasing eleven-fold, a new report said on Wednesday.

NEW DELHI: Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 2025–26 from 39.53 million tonnes in the same quarter of the previous year, according to official figures released on Wednesday.

HYDERABAD: Five flights arriving here from various destinations were diverted to other cities due to bad weather during the night, said officials here, adding that the operations were back to normal now.

NEW DELHI: Ahead of the second Test against England in Birmingham, starting Wednesday, former India batting coach Sanjay Bangar shared his insights on how Gill and Co. can bounce back by sharpening close-in fielding and said the visitors real focus on developing a best catcher in the gully and slips, area where a lot of those catches go.

NEW DELHI: India's manufacturing activity accelerated to a 14-month high in June, triggered by a surge in international sales that boosted production and led to record-breaking hiring, according to a latest survey.

NEW DELHI: India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said.

MUMBAI: The Indian benchmark indices opened higher on Wednesday amid positive global cues, as buying was seen in the IT and auto sectors in the early trade.

SPAIN: India supports reforms to the international financial architecture to enhance inclusivity and equity, including Multilateral Development Bank (MDB) reforms and fairer credit rating systems, Finance Minister Nirmala Sitharaman has stressed.

MUMBAI: The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record $135.46 billion, according to data compiled by the RBI.

India's Golden Triangle—Delhi, Agra, and Jaipur—is one of the most popular travel circuits in the country. Thousands of travellers hit the Delhi to Jaipur route every year, soaking in the royal palaces, vibrant markets, and desert charm of Rajasthan. But beyond the usual hotspots lies a lesser-known treasure that often escapes the tourist radar: Abhaneri Stepwells.

MUMBAI: The Indian benchmark indices opened higher on Tuesday amid positive global cues, as buying was seen in the auto and IT sectors in the early trade.

SPAIN: Finance Minister Nirmala Sitharaman had several bilateral meetings on the sidelines of the International Business Forum Leadership Summit here, where she discussed cooperation in mutual areas of interest in defence, education, technology and agriculture, among other sectors.

NEW DELHI: India’s Goods and Services Tax (GST) collection for the financial year 2024–25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the previous year, the government announced on Monday.

NEW DELHI: Union Minister Dr Jitendra Singh on Monday said the first phase of India’s Deep Ocean Mission is on track for sea trials in early 2026.

MUMBAI: Shares of IDBI Bank rose by 4 per cent to Rs 105 apiece on Monday after reports suggested that the government is preparing to invite financial bids for the lender.