Business

Rupee falls to record low of 96.47 against US dollar in intraday trade

MUMBAI: The rupee slipped to a fresh record low of 96.47 against the US dollar in intraday trade on Tuesday, pressured by rise in crude oil prices, strong dollar and geopolitical uncertainties. The rupee is Asia's worst-performing currency in 2026,...

Peak power demand hits all-time high of over 257 GW on Monday

NEW DELHI: India's peak power demand hit an all-time high of 257.37 GW on Monday, primarily driven by increased usage of cooling devices such as air conditioners and desert coolers amid intensifying heat wave conditions, according to power ministry...

Haryana cabinet approves Industrial policy 2026, Rs 5 lakh crore investment targeted

CHANDIGARH: The Haryana Cabinet here on Monday approved the industrial policy-2026, which targets an investment of Rs 5 lakh crore. The cabinet meeting was held under the chairmanship of Chief Minister Nayab Singh Saini. "Make in Haryana Industrial policy 2026" has...

Fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis: Official

NEW DELHI: (May 18) The government's fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs of urea and other fertilisers amid the ongoing West Asia crisis, a...

BRICS delegation visits GIFT City in Gujarat, given overview of its evolving ecosystem

AHMEDABAD: A delegation comprising representatives from BRICS nations visited GIFT City here on Friday and were provided with an overview of India's evolving International Financial Services Centre (IFSC) ecosystem as well as growing opportunities in cross-border finance, fintech, trade...

Ola Electric Mobility to infuse Rs 2,000 cr into subsidiaries to boost EV, battery businesses

NEW DELHI: Ola Electric Mobility Ltd on Friday said its board has approved a combined investment of Rs 2,000 crore in its two arms – Ola Electric Technologies Pvt and Ola Cell Technologies Pvt Ltd. The company's board at its...

India’s textile Industry transformation

India's textile industry is undergoing a decisive transformation. Long recognised globally for cotton, handlooms, and ready-made garments, the sector is now being reshaped by a strategic pivot towards technical textiles, man-made fibres (MMF), and integrated manufacturing clusters. This shift...

India ready to extend all possible support for peace in West Asia: PM Modi in UAE

ABU DHABI: India is ready to extend all possible support to bring peace in West Asia, Prime Minister Narendra Modi said on Friday during his talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan. The Modi-Al Nahyan meeting...

Adani Airport Holdings signs pact with IHG Hotels & Resorts to develop 5 properties

MUMBAI: (May 15) Adani Airport Holdings has signed a deal with IHG Hotels & Resorts for developing five hotels across -- Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region (MMR) -- ”and is in advanced discussions with the British...

Petrol and diesel prices hike

Speaking about the hike in fuel prices, Arvind Kumar, Director (Refineries), IOCL, told ANI that amid global pressures, “it is a very small rise.” “It’s a very small rise, and you know a lot of pressure is there. But...
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Spain neutralised Messi, outclassed Argentina to lift World Cup: Indian football icons

NEW DELHI: Spain's complete domination, airtight defence and relentless pressing drew unanimous praise from India's former footballers, who said...
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