Business

US President Donald Trump (AP photo) US President Donald Trump on Monday issued a fresh warning to India, reiterating that the US will raise tariffs on New Delhi “if they don’t help on Russian oil issue,” once again tying his threat to the Russia-Ukraine war and India’s alleged role in bolstering Moscow through continued crude…

NEW DELHI: A US-led takeover or restructuring of Venezuela’s oil sector could deliver a benefit to India, potentially unlocking close to $1 billion in dues while accelerating the revival of crude production from fields it operates in the sanctions-hit Latin American country, analysts and industry sources said.India was once a major processor of Venezuelan heavy…

MUMBAI: Fino Payments Bank plans to hive off its business correspondent (BC) arm and expand secured lending through its merchant network once it transitions into a small finance bank, its MD & CEO Rishi Gupta said.Fino received in-principle approval from RBI in early Dec 2025 to convert into a small finance bank, a move that…

MUMBAI: Electricity, chemicals and metals accounted for 60% of the proposed investments in terms of sectors while in terms of geography, Andhra Pradesh, Odisha and Maharashtra account for half of the total investments proposed in the country in the first nine months of FY26.According to a Bank of Baroda Economic Research note, new investment announcements…

Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…

CHENNAI: What was once seen as optional is increasingly viewed as essential: uptake of overseas travel insurance among Indian outbound travellers has nearly doubled in six years, driven by rising medical costs abroad and heightened awareness of travel disruptions in the post-pandemic era. According to Irdai’s annual report, 96.7 lakh lives were covered under 27.9…

BHOGAPURAM: With more mega airports coming up in India, the country has decided to use a multi-pronged strategy to give a boost to international flights from these upcoming hubs. Instead of just raising bilaterals or flying rights with other countries to have more flights to foreign shores, govt is keen both Indian airports and airlines…

BENGALURU: Zomato founder and group CEO Deepinder Goyal said the company terminates around 5,000 delivery partners every month, pushing back against claims of arbitrary firings and unsafe delivery practices. He framed the figure as routine enforcement within a large, high-churn gig workforce rather than punitive mass action. Speaking on a podcast with entrepreneur and creator…

Bought Gold in Dubai Last Year? Here’s How Much You Made as Prices Soared 60% Dubai’s gold market delivered a giant surprise in 2025, marking one of the most dramatic rallies in recent history. What started as a modest year for bullion turned into a breakout performance, with the price of 24-carat gold climbing by…

India is watching developments in Venezuela with a mix of caution and concern as geopolitical churn around the oil-rich nation raises questions about global supply, price volatility and long-term energy security.Driving the newsPresident Donald Trump said on Saturday that the United States would take temporary control of Venezuela and tap its vast oil reserves for…