Buisiness

NEW DELHI: Days before commerce & industry minister Piyush Goyal visits Washington for a fresh round of talks on the proposed bilateral trade agreement, govt has for the first time threatened to act against the US after a barrage of attacks by American President Donald Trump, who called India “tariff king”.Govt’s decision to initiate steps…

New Delhi: The Confederation of All India Traders (CAIT) on Tuesday wrote a letter to union commerce minister Piyush Goyal and consumer affairs minister Pralhad Joshi, demanding an immediate ban on the sale of Pakistani flags and related items on e-commerce platforms like Amazon and Flipkart.Amid the ongoing ‘Operation Sindoor‘, CAIT expressed concern over the…

The recent agreement between the US and China certainly warrants a closer look, particularly through the lens of its implications for India. (AI image) The US and China have announced a trade agreement which for the time being reduces the tariffs that each country imposes on the other by 115%. The agreement is to temporarily…

NEW DELHI: Union minister Piyush Goyal will head to Washington from May 17, leading a delegation of senior Indian officials for talks with US counterparts regarding the proposed bilateral trade agreement (BTA), according to an official’s statement on Tuesday.During the four-day visit from May 17 to 20, the Commerce and Industry minister is expected to…

NEW DELHI: EaseMyTrip founder and chairman Nishant Pitti has urged people to choose “Made in India” products over Chinese alternatives, days after he called on travelers to avoid visiting Turkey and Azerbaijan due to their open support for Pakistan amid the ongoing ‘Operation Sindoor’.Sharing a post on social media platform X, Pitti addressed the issue…

In a strategic move to expand its luxury footprint in Eastern India, ITC Hotels on Tuesday announced that it has signed a management agreement for a new property under its premium brand Mementos by ITC Hotels in Siliguri, West Bengal.The upcoming property, being developed by the LR Berlia Group, will be situated near Bagdogra Airport…

Pic source: Ram Mohan Naidu X post NEW DELHI: Union aviation minister Ram Mohan Naiduhas asked airlines to “resume normal schedules from Thursday (May 15) across all 32 airports” which were reopened on Monday morning after early six days. Naidu held a meeting with all airlines on Tuesday where he directed them to ramp up…

NEW DELHI: India’s major ports saw a 4.3 per cent increase in cargo handling, reaching 855 million tonnes in Fiscal Year 2024-25. The growth was led by higher volumes in container traffic (up 10%), fertilisers (13%), petroleum, oil and lubricants (POL) (3%), and miscellaneous commodities (31%), as compared to the previous fiscal year.The Government of…

Bharti Airtel on Tuesday reported a sharp jump in consolidated net profit to Rs 11,022 crore for the January–March 2025 quarter, marking a nearly five-fold increase from Rs 2,071.6 crore in the same period a year earlier.The strong performance was driven by the benefits of a tariff hike and a one-time tax gain.The telecom major…

State-run gas utility GAIL (India) Ltd on Tuesday reported a 6 per cent year-on-year decline in consolidated net profit for the January–March quarter, impacted by lower gas marketing margins and losses in the petrochemical segment. Net profit for the fourth quarter of FY25 stood at Rs 2,049.03 crore, down from Rs 2,176.97 crore in the…