Business

The U.S. Securities and Exchange Commission is examining claims from a whistleblower that Rio Tinto was aware of problems at its underground copper mine extension project of Oyu Tolgoi in Mongolia months before the miner confirmed the project would face d...

The commission's chairman N K Singh said as the pandemic has created a more uncertain world, the commission did not brush aside the suggestion, however, a final decision on providing a range as fiscal deficit targets is yet to be taken.

Since its start as a grocery pushcart, the Fauchon delicatessen has been on the same spot in central Paris for 134 years where it was buffeted by two World Wars, countless mass demonstrations, strikes and riots.

Commerce and Industry Minister Piyush Goyal on Friday said the animation, visual effects (VFX) and gaming industry holds huge export potential for India and the segment can add a lot in the country's foreign exchange earnings. He also said that startup...

The government on Friday said clean energy developers can furnish letter of undertaking issued by IREDA, PFC or REC in lieu of bank guarantees under state auctions for renewable power projects. The move will further improve ease of doing business for...

The government on Friday asked all ministries /departments to review appointments of consultants, curtail functions and ban use of imported paper for printing as part of measures to rationalise nonpriority expenditure. The finance ministry has issue...

Gold prices rose on Friday, as U.S. Treasury yields fell and a pullback in global equities bolstered demand for the safehaven metal ahead of U.S. nonfarm payrolls data, but a strong dollar put bullion on track for a weekly decline.

Yum China is set to raise $2.22 billion in its secondary Hong Kong listing after indicating that its shares would be priced at HK$412 each, according to two sources with direct knowledge of the matter.

The U.S. Transportation Department said Thursday it planned to restore the ability of Indian air carriers to conduct ground handling operations at U.S. airports.

Campbell Soup reported strong fiscal fourthquarter earnings on Thursday, boosted by people making more food at home because of the coronavirus pandemic.

Oil prices fell on Thursday, at one point touchig their lowest since early August as U.S. unemployment data fed fears of a slow recovery for the economy and fuel demand a day after weak U.S. gasoline demand data.

A gauge of global stocks tumbled on Thursday from a record high in its biggest oneday decline in nearly three months as the technology sector sold off, while the dollar continued its bounce from more than twoyear lows.

Stateowned Energy Efficiency Services on Thursday said it has placed order to procure 250 electric vehicles from Tata Motors and Hyundai Motor India. Tata Motors will supply 150 Nexon XZ+ electric compact SUVs, while Hyundai Motor India will provide 10...

U.S. business activity and employment ticked up through late August, the Federal Reserve said on Wednesday, but economic growth was generally sluggish as COVID19 hotspots hampered reopening efforts that fueled an earlysummer rebound.

Brazil's Senate passed a bill on Wednesday that tightens the safety rules and inspection for dams in the mining industry, setting fines of up to 1 billion reais ($187 million) for failure to comply.

French consulting and IT services provider Capgemini said on Thursday it expected revenue growth at constant exchange rates of between 12.5% and 14.0% this year as it sees gradual recovery in the second half of the year.