1. Business & Economy

Business & Economy

India, US ink pact on critical minerals to break China’s monopoly

New Delhi: India and the US on Tuesday signed a strategic agreement to deepen cooperation in critical minerals and rare earths which constitute key materials for making semiconductors, electric vehicles, solar panels and high-tech defence…

NITI Aayog sets ball rolling for big push to services sector

New Delhi: The first meeting of NITI Aayog’s high-powered ‘Education to Employment and Enterprise’ Standing Committee has decided to identify actionable recommendations to enhance employability, foster entrepreneurship, strengthen industry-relevant skilling, and accelerate growth in the…

Karnataka govt hikes minimum wages by 60 per cent; over 1 crore workers to benefit

Bengaluru: The Chief Minister Siddaramaiah-led Karnataka government has issued a notification on Saturday increasing minimum wages for workers by an average of 60 per cent, a move expected to benefit more than one crore labourers…

No evidence of bribery, case outside US jurisdiction: Top biz leaders back closure of Adani case

  Washington: Indian-American business leaders and policy voices on Friday welcomed the closure of the case against the Adani Group in the US, arguing that the matter was outside the jurisdiction of American law and…

India closely monitoring rupee slide, measures under consideration: Piyush Goyal

New Delhi: The government is actively working to address the sharp depreciation of the Indian rupee against the US dollar, with multiple measures currently under consideration to stabilise the domestic currency, Union Commerce and Industry…

India’s current account deficit expected at 2.1 pc in FY27: Report

New Delhi: India’s current account deficit (CAD) is likely to be about 2.1 per cent of GDP for FY27, assuming an oil average of $85 per barrel, a report said on Monday. The report from…

Delhi Cabinet cuts VAT rate on Aviation Turbine Fuel from 25 pc to 7 pc

New Delhi: The Delhi government Cabinet headed by Chief Minister Rekha Gupta has decided to reduce the VAT rate on Aviation Turbine Fuel (ATF) in the National Capital Region from 25 per cent to 7…

Amul raises milk prices by Rs 2 per litre across India from May 14

Gandhinagar: India’s largest dairy cooperative, Gujarat Cooperative Milk Marketing Federation (GCMMF), announced a nationwide increase of Rs two per litre in the prices of Amul fresh milk, with the revised rates set to come into…

RBI chief says fuel prices may go up if Iran war continues

New Delhi: RBI Governor Sanjay Malhotra said that if the Middle East conflict continues, India may be forced to raise petrol and diesel prices due to the soaring cost of crude oil in the global…

India has 60 days of crude oil and natural gas, 45 days of LPG rolling stock: Centre

New Delhi: The government on Monday said that there is no shortage of any petroleum product amid the West Asia crisis, as the country has 60 days stock of crude oil, 60 days of natural…

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