business news

SpiceJet CMD Ajay Singh has termed these ATF prices “not sustainable” and said an immediate “minimum 10-15% increase in fares is required”. Comments from other airlines were sought and awaited till the time of going to press. Source…

GENEVA: Just around 24 hours ago, WTO trade talks appeared headed for another abject failure as members could find few landing zones on most issues. But a series of small group meetings, including several involving India, seemed to have…

GENEVA: Talks for a first trade agreement in almost a decade were precariously poised just when it appeared that World Trade Organisation (WTO) members were close to sealing a deal on Thursday to check subsidies on unregulated fishing…

NEW DELHI: Only 6.3% of males from rural areas worked as legislators, senior officials and managers while 3.2% women from rural backgrounds figured among such occupations, the Periodic Labour Force Survey (PLFS) for 2020-21 has shown.In…

Mumbai: Panic-stricken Dalal Street investors pulled the sensex down by more than 1,700 points from the day’s high during Thursday’s session, and it finally closed with a loss of 1,046 points, or 2%, at 51,496 — a 52-week low level. The…

MUMBAI: India is better placed than many other countries to avoid the risks of a potential stagflation with recovery broadly on track, notwithstanding an increasingly hostile external environment, as per an RBI article on the state of…

NEW DELHI: India is proposing to settle trade with Russia in rupees, according to a person with knowledge of the matter, as the South Asian nation presses ahead with purchases of oil and weapons from the sanctions-hit country. New Delhi…

NEW DELHI/ZURICH: Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021…

NEW DELHI: Soon, a person sending photograph of a wrongly parked vehicle may get a reward of Rs 500 in case the fine works out to be Rs 1,000, union road transport and highways minister Nitin Gadkari said on Thursday. Addressing an event…

NEW DELHI: The retail businesses across India witnessed a growth of 24 per cent in May this year against the pre-pandemic level of the same month in 2019, according to industry body RAI. As per the latest 'retail business survey' by the…