Business

Indian consumers may soon feel the pinch a little harder.Your budget could be heading for a price hike, even if the warning signs haven’t fully reached the grocery bill yet. Global analytics firm Crisil has flagged that a sharp surge in wholesale inflation may soon enter everyday household expenses, and today’s relatively soft retail inflation…

Gig workers have called for a temporary nationwide strike on Saturday, asking app-based drivers and delivery workers to cease services from 12 pm to 5 pm to protest against rising fuel prices and low payment rates.The Gig and Platform Services Workers Union (GIPSWU) has appealed to workers to join the shutdown, arguing that increasing petrol…

NEW DELHI: India and the UK are working on a “unique and creative solution” to address issues arising from Britain’s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the…

A US delegation is expected to visit India next month for trade negotiations under the proposed bilateral trade agreement (BTA), Commerce Secretary Rajesh Agrawal said on Friday, PTI reported.“We expect the US team to visit soon..not this month..may be next month,” Agrawal told reporters.However, he said the dates for the visit have not been finalised…

NEW DELHI: India and the United Arab Emirates (UAE) on Friday signed seven key agreements during Prime Minister Narendra Modi’s brief stopover in the Gulf nation, the first leg of his five-country tour that will now take him to Europe.“Substantive outcomes that will add further vigour to the India-UAE friendship,” PM Modi posted on X…

New Delhi: Strengthening its International feed from Punjab, Air India has started a twice-daily service between Delhi and Ludhiana (Halwara) from Friday. The airline expects a very strong connecting traffic from this flight at its Delhi hub to feed its widebodies operating to rest of the world from IGIA. Ditto on the way back. Meanwhile,…

NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by around Rs 3 a litre across metros on Friday, which was lower than expected. Piped kitchen gas prices were, however, left unchanged.Oil company executives did not rule out the possibility of a further increase…

Tata Steel on Friday reported a more than two-fold jump in consolidated net profit to Rs 2,965 crore for the January-March quarter of FY26, supported by higher revenues from its India operations and improved volumes, PTI reported. The company had posted a consolidated net profit of Rs 1,201 crore in the corresponding quarter of the…

The finance ministry has approved Dubai-based Emirates NBD Bank’s proposal to acquire up to 74 per cent stake in private sector lender RBL Bank, PTI reported citing a regulatory filing on Friday.RBL Bank said Emirates NBD Bank (P.J.S.C) has received a letter from the Department of Financial Services dated May 14, 2026 approving the proposed…

MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by Dutch technology investor Prosus at a valuation of $3 billion, higher than its last valuation of $2.3 billion it attained when Swiggy sold its stake in the startup in a secondary transaction in September…