Business

Petrol, diesel price hiked by 87-91 paise per litre

NEW DELHI: Petrol and diesel prices were increased by up to 91 paise per litre on Saturday, the third increase in less than 10 days. Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs...

Adani Power to acquire 24 pc stake in JPVL, thermal assets for Rs 4,194 cr

NEW DELHI: Adani Power on Thursday said it has entered into definitive agreements to acquire a 24 per cent stake in Jaiprakash Power Ventures and other thermal assets from Jaiprakash Associates for about Rs 4,193.59 crore. According to a regulatory...

Southwest Airlines opens GIC in Hyderabad

HYDERABAD: Southwest Airlines on Wednesday announced the opening of its Hyderabad Office, which will serve as the airline’s GIC and marks a significant step in expanding its global business and technology capabilities. The Global Innovation Centre (GIC) is supported by...

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...
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Nepal flash floods death toll surges to 768; authorities warn of rising water levels in Bhotekoshi River

KATHMANDU: The water levels in the Bhotekoshi River rose again on Sunday, days after a devastating flash flood struck...
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