Mumbai: The Enforcement Directorate on Thursday conducted simultaneous raids as part of an alleged Rs 3,000 crore worth bank loan fraud linked money laundering case against the companies of Reliance Group chairman Anil Ambani, official sources said. More than 35 premises in Mumbai belonging to 50 companies and 25 persons are being searched under the…
New Delhi: India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to USD 120…
New Delhi: Google Play and Android generated an estimated Rs 4 lakh crore in revenue for app publishers and the wider Indian economy in 2024, according to a latest report by economics, policy and opinion research consultancy Public First. India’s digital economy is one of the largest and fastest-growing in the world, experiencing unprecedented momentum…
New Delhi: Negotiations for the proposed bilateral trade agreement between India and the US were launched in March 2025, and so far, five rounds of talks have been held. Parliament was informed on Tuesday. Similarly, twelve rounds of negotiations have been held so far between India and the European Union (EU) for the proposed free…
New Delhi: Opposition MPs, including Congress leader Rahul Gandhi and Samajwadi Party chief Akhilesh Yadav, on Tuesday staged a protest in Parliament House complex against the Election Commission’s voter roll revision in Bihar. The opposition MPs gathered on the steps of Makar Dwar of Parliament and raised slogans against the Special Intensive Revision (SIR) of…
New Delhi: The State Bank of India (SBI) said on Monday that it has raised Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth. The committee of directors, at its meeting held on Monday, approved the closure of the issue pursuant to the receipt of application forms and the funds in the…
New Delhi: Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6. The trade…
New Delhi: Shares of HDFC Bank went up by over 2 per cent on Monday after the company reported a steady set of quarterly numbers. The heavyweight stock advanced 2.27 per cent to Rs 2,001.90 on both the BSE and NSE. “HDFC Bank reported a steady set of numbers,” VK Vijayakumar, Chief Investment Strategist, Geojit…
New Delhi: India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. The negotiations were held for four days (July 14-17) in Washington. “The Indian team is coming back,” the official said. India and the US teams have…
Mumbai: Axis Bank share price crashed over 7% in early trade on Friday after the private lender disappointed Dalal Street investors with weak Q1 results. Axis Bank shares fell as much as 7.4% to ₹1,073.95 apiece on the BSE. Axis Bank reported a 3.8% drop in its net profit for the fiscal first quarter ended June…
