Business

New Delhi: China on Wednesday said it has "taken note" of the Supply Chain Resilience Initiative launched by India, Japan and Australia and hoped that the three countries would "respect" the laws of market economy and free trade rules.Asked...

Tokyo: Japan's upper house of parliament on Wednesday approved the world's largest free trade deal, which comprises 15 Asia-Pacific countries and the 10-member Association of Southeast Asian Nations (ASEAN).The House of Representatives, the lower house of the parliament gave...

Brussels: The European Parliament ratified on Wednesday the agreement on trade and cooperation between the European Union and the United Kingdom in a 660-5 vote.The document must now be approved by EU member states to enter into force officially.The...

New Delhi: India's largest car manufacturer, Maruti Suzuki, on Tuesday said its net profit for the financial year 2020-21 has decreased by 25.1 per cent."Net Profit for the period stood at INR 42,297 million, decreasing by 25.1 per cent...

New Delhi: Institutional investments continued the momentum during the first quarter (Jan-March) of 2021, registering 21 per cent growth in volumes at USD 922 million, indicating sustained investor interest in India’s real estate market, according to JLL’s Capital Markets...

Beijing: The Chinese Ministry of Finance has fined 19 pharmaceutical companies for violating the country's accounting law and artificially inflating prices for medicines, according to the ministry's website.The ministry and the National Healthcare Security Administration launched an inspection of...

Kolkata: Celebrating its illustrious legacy of 127 years of service to the nation, Punjab National Bank has launched a unique pilot project PNB@Ease outlet.The model offers "Banking-on-the-Go" service where every transaction undertaken by a bank branch will be initiated...

Beijing: The Chinese State Administration for Market Regulation said on Saturday it had fined the e-commerce giant Alibaba 18.228 billion yuan ($2.78 billion) over anti-monopoly violations.The body launched an investigation into Alibaba’s anti-monopoly violations in late 2020, with the...

Mumbai: Following a spurt in Coronavirus cases and the imposition of fresh restrictions to check the virus spread, the Reserve Bank of India (RBI) on Wednesday decided to maintain the status quo on the benchmark repo rate — the...

Bhubaneswar: India’s largest strategic petroleum reserve at a cost of Rs 10,000 crore will come up at Chandikhol in Odisha’s Jajpur district.The Indian Oil Strategic Petroleum Reserve Limited (ISPRL) will establish the “World Class Reserve” for petroleum products at...