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Seoul to discuss cooperation with US in shipbuilding, energy at trade consultation
Business

Seoul to discuss cooperation with US in shipbuilding, energy at trade...

Seoul has highlighted such cooperation as a way of addressing the trade imbalance between the allies, which has prompted Washington to impose hefty import tariffs on South Korea under its broader tariff scheme affecting all its major trading partners
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Business

Sensex, Nifty extend winning streak for sixth day, rise nearly 8% in 6 sessions

The Indian stock market continued its upward journey for the sixth straight trading session on Tuesday, supported by gains in fast-moving consumer goods (FMCG) and private banking stocks.
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Business

RBI issues new LCR guidelines for banks

The Liquidity Coverage Ratio (LCR) is a regulatory standard developed by the Basel Committee on Banking Supervision. It requires banks to hold a buffer of High Quality Liquid Assets (HQLA) that can cover expected net cash outflows over a 30-day stress scenario.
Sensex jumps 855 points, Nifty ends above 24,100; banks, IT lead rally
Business

Sensex jumps 855 points, Nifty ends above 24,100; banks, IT lead rally

Mumbai, April 21: The Indian stock market continued its strong rally for the fifth day in a row on Monday, as investors showed heavy buying interest in banking, IT, and auto stocks.The Sensex jumped 855.30 points, or 1.09 per cent, to close at 79,408.50. Similarly, the Nifty index of the National...
EPFO adds 16.1 lakh members in February as employment rises
Business

EPFO adds 16.1 lakh members in February as employment rises

New Delhi, April 21: The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year. The year-on-year analysis reveals a growth of 3.99 per cent in net payroll additions compared to the same month last year, reflecting increased...
Hyundai Motor makes first-ever delivery of electric buses in Japan
Business

Hyundai Motor makes first-ever delivery of electric buses in Japan

Seoul, April 21: Hyundai Motor said on Monday it has delivered five electric buses to the transportation unit of Japan's Iwasaki Group, marking its first commercial electric bus delivery in the neighbouring country.The South Korean automaker held a delivery ceremony for the Elec City Town buses with...
Govt directs Google to remove Chinese app for showing wrong map of India
Business

Govt directs Google to remove Chinese app for showing wrong map of India

New Delhi, April 21: The Ministry of Electronics and Information Technology (MeitY), along with the Survey of India (SoI), has directed US tech giant Google to remove the Chinese chat app ‘Ablo’ from its Play Store, as the app is not correct in its depiction of India’s territorial borders.The...
HDFC Bank posts nearly 7% rise in net profit at Rs 17,616 crore in Q4
Business

HDFC Bank posts nearly 7% rise in net profit at Rs 17,616 crore in Q4

Mumbai, April 19: India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.However, the bank reported a 9.4 per cent decline in...
FHRAI raises unfair practices, GST compliance concerns against Agoda
Business

FHRAI raises unfair practices, GST compliance concerns against Agoda

New Delhi, April 19: The Federation of Hotel and Restaurant Associations of India (FHRAI) on Saturday expressed serious concerns over unilateral changes made by global online travel agency Agoda to its commission structure and terms of engagement with Indian hospitality partners.The FHRAI, the apex...
Data Users’ Conference to boost evidence-based policy formulation, effective governance
Business

Data Users’ Conference to boost evidence-based policy formulation, effective...

New Delhi, April 19: In a bid to boost evidence-based policy formulation and effective governance, the government on Saturday announced to organise a "Data Users’ Conference" in collaboration with the Indira Gandhi Institute of Development Research (IGIDR) in Mumbai.In line with its continued...
India’s pharma exports surpass $30 billion in FY25, US top market
Business

India’s pharma exports surpass $30 billion in FY25, US top market

New Delhi, April 19: In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country's pharma exports.According to official trade data, the pharmaceutical exports...
NCLAT dismisses Byjus settlement plea, upholds insolvency
Business

NCLAT dismisses Byju's settlement plea, upholds insolvency

Chennai, April 18: The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju's and to consider the settlement between the beleaguered edtech company and...
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