Business

India’s Services sector PMI surges to 58.7 in April; sees stronger growth

India’s services sector kicked off the new financial year with a positive note, with April’s PMI rising to 58.7 from 58.5...

Vedanta looks to repay $920mn debt in FY26

NEW DELHI: Anil Agarwal-led Vedanta Resources, as part of its deleveraging exercise, has proposed to repay $920-million debt in the current fiscal year...

Warren Buffett to exit as CEO: Stakeholders weigh on Berkshire Hathaway’s future under Greg Abel’s leadership

Warren Buffett to pass baton to Greg Abel Shareholders of Berkshire Hathaway are contemplating the future of the conglomerate following Warren Buffett's...

CBI arrests Oil India official, private company executive for bribery

The CBI has arrested a deputy general manager of Oil India Limited posted in Assam's Duliajan and a private company executive...

Buffett hands Abel a giant cash pile & many questions

Warren Buffett, the 94-year-old architect and face of Berkshire Hathaway, will hand energy executive Greg Abel the keys to a $1.2-trillion behemoth. Abel...

India-UK trade pact talks may take longer as key issues remain unresolved: Sources

The conclusion of talks on the proposed free trade agreement (FTA) between India and the UK, along with two other pacts,...

Iron ore output soars 15% for NMDC in April, pellet production sets new record

State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise...

Kotak Mahindra net profit dips 14%

MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March...

Sebi imposes Rs 58.5 crore penalty on Seya Industries’ top executives for financial fraud and fund diversion

Markets regulator Sebi has imposed a total penalty of Rs 58.5 crore on four senior officials of Seya Industries Ltd, including...

Temu halts shipping goods from China directly to US customers

Temu, the Chinese e-commerce giant, has stopped shipping products directly from China to US customers. Instead, all orders will now be...

Poonam Gupta takes charge as RBI deputy governor

Govt has appointed PoonamGupta as deputy governor of RBIfor a three-year term beginning May 2. She fills the vacancy left after...

Donald Trump’s 2026 budget pushes spending cuts, expands national security focus

Office of Management and Budget Director Russel Vought at White House (AP) US President Donald Trump’s 2026 budget proposal outlines sweeping cuts...

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