Business

Prime Minister Narendra Modi flagged off two new Amrit Bharat Express trains in Assam on Sunday, marking another major step in expanding India’s long-distance rail network aimed at improving travel experience and connectivity for the common man. The newest Amrit Bharat trains are: Dibrugarh–Gomtinagar Amrit Bharat train and Kamakhya–Rohtak Amrit Bharat Express.Apart from these, PM…

China has pushed its holdings of US government debt down to their lowest level in nearly two decades, underscoring a steady recalibration of its foreign exchange reserves away from dollar assets and towards gold and overseas investments amid strained ties with Washington, PTI reported.Data released by the US Department of the Treasury shows that China’s…

European leaders have pushed back against US President Donald Trump’s latest tariff threat, warning that using trade penalties in connection with Greenland is “wrong” and could damage transatlantic ties.Trump, on Saturday, announced a 10% tariff on all goods entering the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland,…

Google has filed a notice to appeal a US federal court ruling that held it guilty of maintaining an illegal monopoly in online search, according to court records, AFP reported.A US district judge had ruled in 2024 that the internet major monopolised search and text advertising by using exclusive distribution agreements that made it the…

Financial Services Secretary M Nagaraju has asked the Life Insurance Corporation of India (LIC) to sustain its push on digital marketing and a mobile-first strategy to help achieve the national objective of “insurance for all”.Speaking at LIC’s strategy meet in Mumbai, Nagaraju said the insurer’s expanding digital outreach would be critical to widening coverage and…

MUMBAI: HDFC Bank, Yes Bank and RBL Bank reported improved profitability in the Dec quarter, supported by treasury gains, steady loan growth and lower provisions, even as operating costs rose due to labour code-related expenses.HDFC Bank posted an 11.5% year-on-year rise in net profit to Rs 18,654 crore in Q3 FY26 from Rs 16,736 crore….

ASUNCION: South American and European Union officials on Saturday signed a major trade deal, which they hailed as sending a powerful message at a time of tariff threats, global uncertainty and protectionism.The deal between the 27-nation European Union and Mercosur bloc members Brazil, Argentina, Uruguay and Paraguay creates one of the world’s largest free trade…

EW DELHI: The Directorate General of Civil Aviation (DGCA) has slapped IndiGo with the steepest fine ever for an Indian carrier – Rs 22.2 crore – for its massive flight disruptions last month.Additionally, the airline has to submit a bank guarantee of Rs 50 crore whose release is tied to implementing, among other things, the…

MUMBAI: The Sir Ratan Tata Trust (SRTT) cancelled its Saturday board meeting, which was expected to consider the induction of chairman Noel Tata’s son, Neville Tata, as a trustee. In contrast, board meetings of Sir Dorabji Tata Trust (SDTT) and Tata Education and Development Trust (TEDT) proceeded as scheduled.The cancellation suggests that Neville’s appointment may…

Mumbai: An RBI-directed reclassification of the bank’s agri loan portfolio led to ICICI Bank reporting a 4% year-on-year decline in net profit to Rs 11,318 crore for the quarter ended Dec 2025. The bank’s board also reappointed Sandeep Bakhshi for a further two years starting Oct 2026, 19 months before he turns 70 – the…