Business

India should widen its collaboration with friendly countries to strengthen its capabilities in rare-earth material development, industry experts said at the CII Conference on Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localisation held in Chennai on Friday.According to news agency ANI, R Saravanabhavan, deputy adviser (minerals) at Niti Aayog, said that India’s…

File photo: Union minister Piyush Goyal with New Zealand’s minister for trade Todd McClay (Picture credit: X/@PiyushGoyal) The fourth round of negotiations on the proposed India–New Zealand Free Trade Agreement (FTA) concluded successfully in Auckland and Rotorua after five days of discussions, according to a press release from the ministry of commerce and industry. Both…

File photo: State Bank of India Chairman CS Setty (Picture credit: ANI) State Bank of India (SBI) is targeting a place among the world’s top 10 most valued banks by 2030, a day after crossing the Rs 100 lakh crore business mark. Chairman CS Setty said the country’s largest lender by market capitalisation now aims…

Mobile users will soon start seeing the names of unknown callers displayed on their phone screens, as telecom operators have begun testing the Calling Name Presentation (CNAP) service in Haryana and Himachal Pradesh. The feature aims to help users identify callers more easily and curb the rising number of spam and scam calls across the…

More than 1,000 flights were cancelled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal govt shutdown. Forty airports were slated for cuts, including major hubs in Atlanta, Newark, Denver, Chicago, Houston and Los Angeles.The flight reductions took effect…

Representative image (Picture credit: AP) The Nasdaq Composite ended slightly lower on Friday but posted its sharpest weekly loss since early April, as investors questioned how long the artificial intelligence boom could sustain recent market highs. The index slipped 0.21% to 23,004.54, bringing its total weekly fall to around 3%, while chipmakers and technology shares…

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has directed the justice department to investigate major meatpacking companies for alleged collusion and price manipulation amid record-high beef prices. In a post on Truth Social, Trump accused meat firms of “driving up the price of beef through illicit collusion, price fixing,…

Indian Railways launches four new Vande Bharat Express trains Four new Vande Bharat Express trains! Prime Minister Narendra Modi will on Saturday flag off four new Vande Bharat Express trains on important Indian Railways’ routes. Vande Bharat Express trains have become the face of new age railway travel in India, with an aim to offer…

RBI Governor Sanjay Malhotra addresses the 12th SBI Banking Economics Conclave, in Mumbai on Friday. (ANI) MUMBAI: Indian banks are now much bigger and stronger than they were a decade ago and the economy more resilient, which has emboldened the RBI to remove various restrictions, allowing banks greater exposure to capital market risks and to…

MUMBAI: RBI deputy governor T Rabi Sankar said the fight against digital fraud is far from over, noting that the decline seen earlier this year reversed in July, with cases rising again.He said fraud levels had been falling since the start of the year before showing an uptick mid-year, suggesting that such trends may be…