Business

The United States has told India it can soon resume purchases of Venezuelan oil to reduce its reliance on Russian crude, Reuters reported. India had pledged to slash Russian oil imports after Washington imposed higher tariffs linked to those purchases.The move is part of a broader US effort to redirect India’s oil imports away from…

New Delhi: Business news channel ET NOW will deliver “wall-to-wall” budget coverage on Sunday, complete with insights, real-time analysis, and expert perspectives.Coverage will start at 7am, setting the context, leading to the finance minister’s budget speech at 11 am, and will be followed by in-depth decoding of key announcements.ET NOW Think Tank is led by…

Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…

Bengaluru: Apple CEO Tim Cook said the iPhone maker delivered a “terrific” first quarter of the 2026 fiscal year, with India emerging as a key highlight. “We did set a quarterly revenue record during Dec. And to go a little further down, we set quarterly revenue records on iPhone and Mac and iPad, and an…

New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…

In recent FTAs, including with the EU, India has given up its reluctance to lower tariffs for automobiles, wine and, even for some fruits such as apples and pears. Since you are negotiating several deals, and will come across what have traditionally been no-go areas, what will be your strategy for calibrated opening up?This is…

Gold and silver prices plunged sharply on Friday, with investors rushing to book profits after recent record highs. On the Multi Commodity Exchange (MCX), silver futures for March delivery fell 16.97 per cent, or Rs 67,891, to Rs 3,32,002 per kilogram, marking one of the steepest single-day declines in recent months. Gold futures for February…

CJ Roy, founder and chairman of real estate firm Confident Group, was found dead at his office in Bengaluru following ongoing Income Tax raids, officials said on Friday.Bengaluru City police commissioner Seemanth Kumar Singh said Roy died from self-inflicted bullet injuries.“An incident occurred today within the limits of Ashok Nagar police station, where the chairman…

NEW DELHI: Union finance minister Nirmala Sitharaman will interact with around 30 college students from across the country after presenting the Union Budget 2026–27 on Sunday, the ministry said.Sitharaman is set to present her record ninth Budget, including two interim budgets, on February 1. As part of the initiative, the students will witness the live…

Kevin Warsh is President Donald Trump’s pick to be the next chairman of the US Federal Reserve. He is expected to succeed the current Fed chief Jerome Powell in May this year. Powell has been at the receiving end of Trump’s wrath for several months, with repeated verbal attacks for not lowering interest rates as…