Business

US President Donald Trump has criticized the World Bank for loaning money to China on low-interest rates and urged the institution to stop lending to Beijing. "Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don't, they create it. Stop," Trump tweeted on ...

More than one and a half year after the Cambridge Analytica scandal first became public, US regulators have said that the now-defunct British data analytics and consulting company engaged in deceptive practices to harvest personal information from tens of millions of Facebook users for voter profiling and targeting....

India's water technology multinational company VA Tech Wabag Ltd will start assessing the sewage treatment plants in Agra and Ghaziabad in Uttar Pradesh and give a report to the state government, said a senior official. He also said the company will be foraying into the African market soon as the ...

US stocks closed higher as upbeat jobs report lifted investors' sentiment. On Friday, the Dow Jones Industrial Average was up 337.27 points, or 1.22 per cent, to 28,015.06. The S&P 500 increased 28.48 points, or 0.91 per cent, to 3,145.91. The Nasdaq Composite Index was up 85.83 points, or 1.00 per cent, to ...

The United States' headline unemployment rate fell by one-tenth of a percentage point in November to 3.5 per cent, matching the lowest level in a half century, while the number of new jobs added last month - 266,000 - far exceeded economists' expectations....

The slump in vehicle sales adversely impacted the financial performance of India's auto component manufacturing industry during the period between April and September 2019, industry data showed on Friday. According to data furnished by the Automotive Component Manufacturers ...

The domestic production of edible oils is not adequate to meet their demand in India and the gap between demand and production of edible oils is met through imports, said Minister of Consumer Affairs, Food and Public Distribution Ramvilas Paswan on Friday. ...

The country's largest telecom operator will shut its business and move towards insolvency if it does not get any relief regarding the over Rs 40,000 crore adjusted gross revenue-based (AGR) dues it has to pay the Department of Telecom, Kumar Mangalam Birla, Chairman of Vodafone Idea, said on Friday....

Brokerage firm Nomura has increased the target price for Reliance Industries (RIL) to Rs 2,020 from Rs 1,785. The increase in target price comes largely on the back of assumption that the average revenue per user (ARPU) of Reliance Jio would increase post the recent ...

The key Indian equity indices opened on a positive note Friday, tracking gains in the major Asian markets. At 9.36 a.m., the BSE Sensex was trading at 40,893.60, higher by 114.01 points or 0.28 per cent from the previous close of 40,779.59 points. It has so far ...