Business

NEW DELHI: Finance minister Nirmala Sitharaman, who is due to present a record ninth consecutive budget, is working with a team of officials which is a mix of experience and fresh faces.It is likely that for the first time in recent years, she will not have a finance secretary, a first among equals, leaving it…

BENGALURU: Indian IT firms are expected to deliver a moderate performance in a seasonally weak Dec quarter, weighed down by furloughs (lesser number of working days in Dec). Demand remained subdued, with only limited recovery in discretionary spending, and growth was largely driven by clients’ cost-optimisation priorities. Brokerages estimate that enterprise technology spending is likely…

Hatsun Agro Product has reported an unusual corporate governance lapse after draft, unaudited financial details for the December 2025 quarter were mistakenly shared on a senior executive’s personal WhatsApp status.In a regulatory filing, the dairy products maker said one of its key managerial personnel accidentally uploaded a “first-cut draft” of the company’s unaudited financial statements…

Adani Enterprises Limited’s (AEL) Rs 1,000 crore public issue of non-convertible debentures (NCDs) was fully subscribed within just 45 minutes of opening on Tuesday.The base issue size of Rs 500 crore was fully subscribed in about 10 minutes, while overall subscription crossed Rs 1,000 crore, including the green shoe option, in under an hour. According…

File photo: Commerce and industry minister Piyush Goyal with European Union commissioner for trade and economic security Maros Sefcovic NEW DELHI: India and the European Union (EU) will hold ministerial-level discussions on January 8-9 in Brussels to bridge differences in the proposed free trade agreement and push for an early conclusion of negotiations, an official…

File photo (Picture credit: AP) Wall Street stocks moved higher on Tuesday, pushing major indices closer to record levels, as gains in technology shares and select healthcare stocks supported the market. Investors also remained focused on a busy week of US economic data that could shape expectations around future interest rate moves.As per news agency…

File photo: PM Modi with US President Donald Trump (Picture credit: ANI) US President Donald Trump has said Prime Minister Narendra Modi is “not that happy” with him because of the tariffs Washington has imposed on India over its purchases of Russian oil, linking trade pressure directly to New Delhi’s energy ties with Moscow.Speaking at…

File photo (Picture credit: AP) Venezuela’s main oil ports entered a fifth straight day without shipping crude to customers in Asia, the country’s biggest buyers, as US pressure on the OPEC producer intensified under an oil embargo, shipping data showed.The halt in deliveries risks worsening problems for state-run oil firm PDVSA, which is already struggling…

MUMBAI: Policybazaar has launched an online loan insurance product offering a cheaper, flexible alternative to bank-bundled covers sold offline.Loan insurance focuses on protecting families from loan liabilities in the event of a borrower’s death. Loan insurance in India has traditionally been sold offline and bundled with loans by banks, a model that has limited customer…

NEW DELHI: The commerce ministry’s arm, DGTR, has initiated an anti-dumping probe into imports of nylon chips and granules — used in the textiles industry, from China and Russia, following a complaint by a domestic manufacturer. The applicant has alleged that the dumping of Nylon 6 Chips and Granules with relative viscosity (RV) below 3…