Vedanta emerges as preferred bidder for MP diamond block

Vedanta Ltd on Friday said it has been declared as preferred bidder for a diamond mine in Madhya Pradesh. Photograph: Danish Siddiqui/Reuters/Reuters The company said it is the highest bidder with a final price offer of 1.10 per cent. “The

India needs at least 20,000 pilots in coming years: Minister Naidu

Civil Aviation Minister K Rammohan Naidu on Thursday said India will need at least 20,000 pilots in the coming years to meet the rising air-travel demand in the country — one of the world’s fastest growing aviation market. Image used

Mysuru layoffs: Infosys denies using force, intimidation tactics

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. IMAGE: The

India, US to finalise broad contours of proposed trade deal soon

India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. Photograph: Dado Ruvic/Reuters During the recent

Sarbananda Sonowal: ‘MDF to generate Rs 1.5 trillion investment by 2030’

‘Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.’ IMAGE: A view of the newly commissioned three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation by Prime Minister

US pledges to boost technology ties with India

Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on

Prashant Ruia: ‘India can emerge as key player in global supply chain’

‘It can position itself as a China Plus One solution, fulfilling the demands of developed economies.’ Photograph: Kind courtesy Essar Group As President Donald Trump rolls out his Make in America plans, India’s Essar Group is finalising an additional $650

India’s forex kitty jumps $7.65 bn to $638.26 bn

India’s forex reserves jumped by $7.65 billion to  $638.26 billion in the week ended February 7, the RBI said on Friday. Photograph: Lisa Marie David/Reuters This is the third consecutive week of a jump in the kitty, which had increased

FPIs Sold $10 Bn Stocks In 2025 So Far

‘Expect FPIs to continue selling for several months until the rupee stabilises.’   Foreign portfolio investors (FPIs) have sold over $10 billion (more than Rs 97,000 crore/Rs 970 billion) worth of Indian equities in the first six weeks of 2025

Ahead of Modi-Trump meet, India revamps tariff structure

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani. IMAGE: Union Finance Minister Nirmala Sitharaman addresses a press conference, New