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Vehicles line up at a petrol pump amid heavy rush for fuel in Odisha’s Bhubaneswar. (PTI)
Posted in Business

OMCs still losing ₹750 crore a day: Govt

State-run oil marketing companies (OMCs) are still losing ₹750 crore a day on the sale of auto fuels and cooking gas even after petrol and…

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Posted in Economy

State Banks & insurers told to cut global travel, switch to EVs in austerity push

New Delhi: The finance ministry has asked state-run banks and insurance companies to follow austerity measures, including reducing foreign travel for key executives, holding meetings…

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Posted in Economy

RBI likely to pay a big dividend to Centre

MUMBAI: The board of the Reserve Bank of India (RBI) will meet on May 22 to consider a record surplus transfer to the government for…

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Posted in Economy

Free trade pact by year-end: EU Chief

New Delhi: European Commission president Ursula von der Leyen announced that the India-EU Free Trade Agreement (FTA) will be inked by the end of 2026…

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Posted in Economy

Go for making products usually imported: Piyush Goyal

New Delhi: Commerce and industry minister Piyush Goyal Monday asked Indian manufacturers to identify goods that can be produced locally for eliminating their imports, noting…

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Posted in Economy

Govt working on plan to rollout water metro transport system in 18 cities

New Delhi: The government is working on a plan to rollout water metro transport system in 18 cities across the country, the shipping and waterways…

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Posted in Economy

Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay Malhotra

Mumbai: The Reserve Bank is keeping a close vigil on whether and when supply shocks get embedded in the general price level, warranting monetary policy…

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Posted in Economy

Credit card transactions jump 2.6 times in four years: RBI report

Mumbai, Credit card transactions in the country rose over 2.6 times between calendar years 2021 and 2025, with private sector banks further increasing their market…

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Captain Polyplast starts production at new Ahmedmad facility
Posted in Economy

Captain Polyplast starts production at new Ahmedmad facility

Mumbai: Solar EPC firm and micro-irrigation products maker Captain Polyplast Limited on Saturday announced that it has started production at its newly constructed manufacturing facility…

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Posted in Economy

India should increase investment in R&D to 2 per cent of GDP: Niti Aayog

New Delhi: India should significantly enhance its investment in research and development from the current level of 0.64 per cent to at least 2 per…

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