Business

As in the case of other non-north-eastern and hilly States, a substantial portion of the losses for Tamil Nadu were concentrated in the power sector. File | Photo Credit: The Hindu Tamil Nadu has been identified as one of the top three States in the country, which suffer from heavy losses incurred by State Public…

Our endeavour is to constantly increase the throughput and refinery utilisation with safety parameters in mind, Sanjiv Khanna, Chairman and Managing Director of Bharat Petroleum told The Hindu in an interaction at the sidelines of the India Energy Week in Goa last week. The state-owned refiner crude oil throughput in the December-end quarter spurred nearly…

Amid the heat of the ongoing Lok Sabha electioneering, the Centre has announced plans to significantly increase wheat purchase from non-traditional States of Uttar Pradesh, Rajasthan and Bihar and set a target of seven-fold jump in procurement to 50 lakh tonnes in the ongoing 2024-25 marketing year. Further, even as the ban on outbound shipments…

The Trump administration has made unprecedented equity investments and obtained other stakes in at least 10 companies over the past year. Many are in critical mineral companies as the White House plots a strategy to directly back mining companies to build a domestic supply chain and reduce dependence on China. But the investments also include…

Jennifer Garner, co-founder of Once Upon a Farm, center, and Cassandra Curtis, co-founder of of Once Upon a Farm, center right, during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images Once…

👉 Visit the Official SleepLean Website MUMBAI: Zero-duty access for diamonds and coloured gemstones to the US under the interim trade agreement framework will benefit the gems and jewellery sector, which was termed by industry leaders as a “critical inflection point” after bruising year for exports.The move could help reverse the sharp decline in shipments…

As is widely understood, the annual Budget is a political document responding to short to medium-term economic challenges. Formally, it is an annual revenue and expenditure statement outlining the government’s priorities. As with any financial statement, the fine print matters the most, not obvious from the media headlines. Yet, it is useful to read the…

Addressing a press conference, Union Minister Piyush Goyal said “There are several sectors that will attract zero duties when exported to the U.S., such as gems and diamonds, pharmaceutical products, smartphones will continue to attract 0% duty. Several agricultural exports will see zero duty from 50%, such as spices, tea, coffee, copra, coconuts and coconut…

Realty firm Embassy Office Parks REIT has declared a distribution of ₹613 crore to unitholders for the quarter ended December on better income. Revenue from operations rose 17% annually to ₹1,193 crore during the October-December period of this fiscal, while the net operating income (NOI) increased 19 per cent to ₹985 crore, according to a…

Amid an extended ban on onion exports, farmers and traders are miffed that some shipments allowed by the government to markets like the United Arab Emirates (UAE) have been sold at a pittance, even as global prices have soared, yielding windfall profits for selected importers. An Indian farmer is being paid just ₹12 to ₹15…