BUSINESS

Lilavati Kirtilal Mehta Medical Trust (LKMMT) or its permanent trustee Prashant Kishore have denied any outstanding amounts to HDFC Bank, a communication from the Trust said. “It has never borrowed a single rupee from the bank nor are they connected...

Srinagar: A security personnel at a checkpost near a deserted Srinagar International Airport, Wednesday, May 7, 2025. A few airports, including Srinagar, have been shut for operations in the wake of the armed forces carrying out missile strikes on terror...

Fertiliser compan IPL is also into sugar, ethanol, dairy and cattle feed business Fertiliser company Indian Potash Ltd (IPL), on Tuesday, announced record Profit Before Tax (PBT) of ₹1,776.38 crore for FY25, a jump of 71 per cent while its...

Despite a directive from the Department of Telecommunications (DoT) urging states to utilize the services of state-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) for internet, landline, and leased line requirements, State departments largely remain hesitant. This reluctance...

Union Finance Minister Nirmala Sitaraman with RBI Governor Sanjay Malhotra during the 29th meeting of the Financial Stability and Development Council (FSDC), at RBI headquarters in Mumbai on Tuesday | Photo Credit: PTI The Financial Stability and Development Council (FSDC)...

A worker cuts a metal plate inside an industrial tank manufacturing factory on the outskirts of Ahmedabad | Photo Credit: AMIT DAVE Capital expenditure by major companies is seen doubling to $800-850 billion over the next five years with the...

Russia’s crude shipments rose in the four weeks to June 8 after a strong rebound in weekly flows. A Japanese refiner took the first cargo delivered to the G-7 nation in more than two years, underlining a growing ease among buyers in resuming...

Union Minister of Power Manohar Lal Khattar | Photo Credit: Shahbaz Khan Union Power Minister Manohar Lal on Tuesday said there has been no shortage of electricity in the county in the past two months and India is emerging as...

The central bank is rolling out aggressive monetary easing to revive consumption and investment in the world’s fifth-largest economy, but the pay-off hinges on whether banks ramp up credit and companies want to take on more debt in uncertain economic...