India, US trade talks likely to resume in Washington

An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. Photograph: Mike Blake/Reuters The visit, which comes

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

India’s second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore

Dubai offers India Inc a low-tariff launchpad into EMs

Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president

Gensol promoters used firm like personal piggy bank: Sebi

Gensol Engineering’s promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives,

In India, Apple meets environment target

iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Photograph: Lucas Jackson/Reuters Globally, Apple has set a goal to replenish

Sensex regains 77,000-mark; Nifty climbs 108.65 points

Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Wednesday following buying in blue-chip banking stocks and fresh foreign fund inflows as retail inflation slipping to near six-year lows raised hopes of further rate cuts.

Wholesale inflation eases to 2.05% in March on cheaper food items

Wholesale price inflation declined to a 6-month low of 2.05 per cent in March as prices of vegetables, potato and other food items eased, government data showed on Tuesday. Photograph: Amit Dave/Reuters Wholesale price index (WPI) based inflation was 2.38

Exports inch up; trade deficit hits $21.54 bn in March

India’s exports turned positive after four months recording a marginal 0.7 per cent increase to $41.97 billion in March, while the trade deficit widened to $21.54 billion, the government data showed on Tuesday. Photograph: Wolfgang Rattay/Reuters Imports increased by 11.3

Retail inflation dips to nearly 6-year low of 3.34% in Mar

Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to decline in prices of vegetables, eggs and protein-rich items, raising hope for a third rate cut by the RBI as it remains below

Sensex, Nifty surge over 2% on rally in global markets

Benchmark equity indices Sensex and Nifty surged over 2 per cent on Tuesday, tracking a rally in global markets after US President Donald Trump relaxed some of the tariffs on electronics products and hinted at duty revision for automobiles. Photograph: