Business

Track the latest in business and finance—from market trends and economic updates to startup stories and global trade analysis.

Energy outreach: Oil minister Hardeep Singh Puri pitches India’s growth story to oil majors; Opec ties, LNG push top agenda

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Oil minister Hardeep Singh Puri met top global energy leaders on the sidelines of the 9th Opec International Seminar in Vienna, holding bilateral discussions to bolster India’s energy security and expand partnerships across the hydrocarbons value chain, according to an official statement.During his meeting with Kuwaiti Oil Minister and KPC Chairman Tareq Sulaiman Al-Roumi, Puri … Read more

Currency watch: Rupee ends 3 paise higher at 85.70 vs dollar; equities dip as tariff talks loom

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The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the red.The local currency opened at 85.62 and moved between 85.53 and 85.70 during the session before settling 3 paise higher than Wednesday’s close of 85.73, … Read more

Earthquakes, floods & calamities: Why home insurance is essential to protect your assets – explained

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Home insurance: It costs very little to cover your most expensive asset against damage from manmade and natural disasters. (AI image) NEW DELHI: On the morning of July 10, an earthquake shook Delhi and its surrounding areas, reminding us how unpredictable and powerful natural calamities can be. While we can’t control when or where disasters … Read more

US joblessness data: Applications for benefits remain in historically healthy range; fell to 227,000 last week

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Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s labour market even as major companies announce job cuts and concerns grow over the economic impact of tariffs.According to data released by the US labour … Read more

Corporate diversity: India’s most inclusive firms post 50% higher profits, says study; flags poor women representation in top roles

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Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their less diverse peers.According to the ‘Marching Sheep Inclusion Index 2025’, a study conducted by HR advisory firm Marching Sheep, around 8 out of 10 sectors … Read more

Trade relief in Singapore: Indian firms to gain from new adaptation grant; US tariffs push government to act

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Indian enterprises operating in Singapore are expected to benefit from a new Business Adaptation Grant unveiled by the city-state to help local firms manage the challenges arising from global tariff shifts, including those tied to recent US trade measures.The Singapore Indian Chamber of Commerce and Industry (SICCI) welcomed the government’s announcement, calling the grant a … Read more

Gold demand: Gold ETF inflows hit 5-month high at Rs 2,081 crore in June; investor rush lifts AUM close to Rs 65,000 crore

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Investor appetite for gold-backed mutual funds surged in June, with Gold Exchange Traded Funds (ETFs) attracting net inflows of Rs 2,081 crore, the highest in five months, amid resilient gold prices, market volatility, and geopolitical tensions.According to data from the Association of Mutual Funds in India (Amfi), the June inflows mark a sharp jump from … Read more

Banks to shut inactive Jan Dhan accounts? Government clarifies; check details

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NEW DELHI: The Department of Financial Services (DFS) under the Ministry of Finance has refuted media reports claiming it instructed banks to shut dormant Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts. In an official statement issued on July 8, the ministry clarified that no such directive has been given and that the reports are “factually incorrect.”“In … Read more

US visa fee hike! Pay around Rs 40,000 in visa application fees from 2026; details here

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For Indian nationals, the average tourist visa costs are anticipated to rise by 2.5 times, reaching ₹40,000. Seeking a US visa? You will soon have to shell out approximately Rs 40,000! The United States has implemented a new $250 ‘Visa Integrity Fee’ on all non-immigrant visa applications, which will affect technology companies by raising their … Read more

India-US trade deal: Indian team to visit Washington for another round of talks; Donald Trump’s tariff deadline looms

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NEW DELHI: An Indian commerce ministry team is set to visit Washington soon for another round of talks with the United States over the ongoing tariff dispute and a proposed bilateral trade agreement, a government official said on Thursday.The dates for the visit are yet to be confirmed, but the team is likely to visit … Read more