business

India has stood its ground, continuing buying crude from Russia, despite repeated objections from US President Donald TrumpIn October, crude oil worth $2.5 billion flowed into the country from Moscow, making it the world’s second-largest buyer. India was second only to China, which purchased $3.7 billion, according to the Helsinki-based Centre for Research on Energy…

Hindustan Zinc Ltd (HZL) has secured a composite licence from the Andhra Pradesh government to explore and mine a tungsten and associated mineral block, marking a major step in the Vedanta Group company’s strategy to diversify beyond zinc, lead and silver, PTI reported.In a statement on Saturday, HZL said it has been formally declared the…

Toy exporters, who began the financial year with strong dispatches due to early festive shipments and advance buying from US customers, are now having to cut prices and change packaging to cope with the slowdown. The slump comes after American buyers shifted to other sourcing markets following the United States’ decision to impose a 50%…

Commerce and industry minister Piyush Goyal has indicated that India is keeping every option open as it looks at the possibility of restarting free trade agreement (FTA) talks with Canada. His comments follow a fresh round of ministerial interactions aimed at lifting bilateral engagement. “All options open…” Piyush Goyal on ongoing India-Canada talks after two…

Infosys announced its latest round of performance-linked payouts for the September quarter, issuing bonus letters on Friday to employees across several job levels. The Bengaluru based company, which is also India’s second-largest in the IT sector, has granted an average bonus of 75% of the eligible or target amount for the period. Employees told ET…

US President Donald Trump on Friday gave a sigh of relief to American consumers with the announcement of cutting tariffs on a range of products such as beef, coffee, tropical fruits and other commodities. This comes as a major shift in his trade policy as the White House moves to address rising costs for US…