US President Donald Trump's trade war with China is backfiring and impacting the American economy, his former chief economic adviser Gary Cohn has said. ...
The Enforcement Directorate on Thursday said it has attached assets worth over Rs 480 crore of REI Agro Ltd, which claims to be the world's largest basmati rice processing firm, under the Prevention of Money Laundering Act (PMLA). The ED in 2016 had registered a money laundering case against the company. It ...
Sensex plunged by over 500 points to fall below the 37,000-point mark during the afternoon trade on Thursday. Indian equities in line with global markets fell as the US Federal Reserve after slashing the interest rates by 25 basis points, first since 2008, said it ...
People in the national capital will not have to pay anything for consuming up to 200 units of power, Delhi Chief Minister Arvind Kejriwal announced on Thursday. "People consuming till 200 units of electricity won't have to pay the electricity bills. Their bills will be waived from August 1," he said....
BlackRock, the world's largest fund manager with $6.5 trillion of assets under management -- bigger in value than the third largest economy in the world -- continues to ignore the serious financial risks of putting money into fossil fuel dependent companies, a new report found on Thursday. ...
The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex down over 180 points. The domestic indices traded in line with global indices, as Asian markets also were largely trading in the red....
US stocks traded higher on Wednesday, as the market was buoyed by Apple's strong quarterly earnings, and investors anticipated the US Federal Reserve to deliver its latest monetary policy, which could possibly lead to the first interest rate cut in more than a decade. ...
The US Federal Reserve on Wednesday cut its benchmark interest rate by a quarter-percentage point to a target range of between 2-2.25 per cent. ...
Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla's solar production numbers on the micro-blogging platform. ...
The popular retail chain Cafe Coffee Day (CCD) decided to shut shop on Wednesday across the country in memory of its founder-chairman V.G. Siddhartha, who died in Karnataka under mysterious condition, a company source said. "All our 1,750 retail outlets in about 240 cities will remain shut for the day ...