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Lower purchases of oil from the Middle East dragged OPECs share of Indian oil imports to a record low. (Photo: PTI/File)

Business

Middle East's share of India's oil imports hits 25-month low

Asia's third-largest economy imported about 4.2 million barrels per day (bpd) of oil in May

24 Jun 2021 11:19 AM IST

Warren Buffett, the chairman and chief executive of Berkshire Hathaway, also said Wednesday that he is halfway to reaching his goal of giving away the entirety of his shares in the conglomerate, and that hes making another USD 4.1 billion in donations. (AFP Photo)

Business

Warren Buffett resigns from Bill and Melinda Gates Foundation

Bill Gates was formerly the world's richest person and his fortune is estimated at well over $100 billion

23 Jun 2021 8:55 PM IST

Twitter has to appear before the panel on June 18 at 4 pm and give representation on how to prevent misuse of social media and online news. (Photo: PTI/File)

Business

Twitter loses 'safe harbour' shield in India over non-compliance to IT...

Earlier this month, the government had given one last chance to Twitter to comply with the new IT rules

16 Jun 2021 12:37 PM IST

While the Consumer Price Index (CPI)-based inflation rose from 4.23 per cent in April to a six-month high of 6.3 per cent, food inflation soared from 1.96 per cent to 5.01 per cent in May. (Representational Photo:AP)

Business

Retail inflation hits 6-month high of 6.3 pc in May on costlier food,...

Wholesale price-based inflation too accelerated to a record 12.94 per cent in May

14 Jun 2021 11:55 PM IST

Business

Gold, silver prices fall as demand decreases

Gold contracts for the August delivery traded lower by Rs 476, whereas silver contracts for the July delivery tumbled by...

14 Jun 2021 4:34 PM IST

$\We hope to be able to quickly make it available through this approval,\ said Biophore CEO Jagadeesh Babu Rangisetty. (File image: Youtube)$ Business

Biophore applies to DCGI for emergency-use approval for COVID...

The company plans to commence commercial production of the product immediately after the approval is received

11 Jun 2021 11:29 AM IST

The 30-share BSE index was trading 54.44 points or 0.10 per cent higher at 52,382.95 in initial deals. (Photo: PTI/File)

Business

Sensex, Nifty start on choppy note

Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent

8 Jun 2021 10:03 AM IST

In the previous session, Sensex ended 132.38 points or 0.25 per cent lower at 52,100.05. (Photo: PTI/File)

Business

Sensex jumps over 150 points in opening trade; Nifty tests 15,700

PowerGrid was the top gainer in the Sensex pack

7 Jun 2021 9:58 AM IST

ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day. (PTI Photo)

Business

Petrol crosses Rs 100/litre mark in Leh, Andhra Pradesh, Telangana

Petrol price was increased by 27 paise per litre and diesel by 28 paise a litre

4 Jun 2021 1:36 PM IST

Reserve Bank of India (RBI) governor Shaktikanta Das. PTI photo

Business

RBI lowers GDP growth projection to 9.5 pc for 2021-22

The RBI Governor said the RBI will 'continue to think and act out of the box', planning for the worst and hoping for the...

4 Jun 2021 11:55 AM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

Business

Coronavirus eats into Indian economy, GDP shrinks 7.3%

The 7.3 per cent contraction is the worst-ever economic performance that India has witnessed in over four decades

1 Jun 2021 1:20 AM IST

Japanese automaker Honda has also beefed up its digital play. (Photo: File/Honda)

Business

Leading automakers in India take digital route to push sales amid...

South Korean carmakers Kia and Hyundai have also lined up digital initiatives

30 May 2021 12:50 PM IST