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Economy / The Economic Times

China commerce ministry bans some US firms including Boeing from import, export activities

China's Commerce Ministry has banned certain US firms from importing and exporting related activities to China, including one selling arms to Taiwan. The ministry also forbids them from making new investments in China. Senior executives of these companies will be prohibited from entering China, and their work permits will be revoked.

20 May 2024 8:04 am
UP Lok Sabha Polls 2024 Phase 5: BSP President Mayawati casts vote in Lucknow, says she is hopeful of change

UP Lok Sabha Polls 2024 Phase 5: In the fifth phase of the Lok Sabha elections 2024, Bahujan Samaj Party (BSP) chief Mayawati emphasized the importance of development and welfare issues while casting her vote in Lucknow. She urged all political parties to prioritize these issues. Mayawati expressed hope for a change in power this election, noting the public's silent but observant demeanor. Over 8.95 crore voters across various states and union territories will decide the fate of 695 candidates.

20 May 2024 7:49 am
Centre may get around 1 lakh crore in RBI dividend

Last week, the RBI announced a steep cut in the government's borrowing through Treasury Bills, reducing the amount of funds that the Centre would have garnered through these short-term instruments by 60,000 crore.

20 May 2024 5:30 am
KKR in talks to buy into healthcare BPO company Infinx

Launched in 2012 as Tandon Information Solutions, Infinx is also into medical transcription, eligibility and benefit verification, complete medical billing, medical coding (across specialty) and comprehensive account receivable management services.

20 May 2024 1:15 am
BJD MLA Samir Dash joins BJP

BJD Nimapara MLA Samir Ranjan Dash joins BJP in Odisha, supporting Pravati Parida for elections. Dash resigned due to denied ticket, expressing loss of confidence in BJD leadership. He joins other dissatisfied members like Ramesh Chandra Sai and Arabinda Dhali.

20 May 2024 12:04 am
Lok Sabha elections: Caste, bread & butter factors competing with temple tide in Ayodhya

Ayodhya's historic Lok Sabha election post Ram temple inauguration sees competition between caste and convenience. BJP's Lallu Singh eyes third term amidst fielding of nine-time Dalit SP MLA Awadhesh Prasad, attracting Dalit, Muslim, and Yadav voters. CPIM's Arvindsen Yadav and BSP's Sacchidanand Pandey add complexity to the race, challenging SP's prospects in the keenly contested constituency.

19 May 2024 11:56 pm
SRH beat Punjab Kings by 4 wickets in IPL

Hyderabad: Sunrisers Hyderabad crushed Punjab Kings by four wickets to end the league phase of the Indian Premier League with 17 points here on Sunday. Chasing 215, SRH overhauled the target with five balls to spare after opener Abhishek Sharma hammered a 28-ball 66 (6x6s, 5x4s). SRH were also bolstered by contributions from Rahul Tripathi (33), Nitish Reddy (37) and Heinrich Klaasen (42) along the way. Earlier in the contest, Punjab Kings were helped by Prabhsimran Singh's quick fire 71 as well

19 May 2024 7:45 pm
Antarctica meetings begin in Kochi on May 20

The 46th Antarctic Treaty Consultative Meeting begins in Kochi on Monday under the shadow of the Ukraine-Russia conflict, an issue that has been affecting the discussions for the past two years. The 10-day deliberations among signatory nations to the Antarctic Treaty are expected to focus on collaboration between parties on research and exchanging information on plans for sustainable management of resources in the icy continent. Also on the agenda for the Antarctic Treaty Consultative Meeting (A

19 May 2024 5:22 pm
54 candidates in fray for 3 Lok Sabha seats in Jharkhand

As many as 54 candidates are in the fray for polls in three Lok Sabha seats, while 11 candidates including Kalpana Soren, wife of jailed former Jharkhand Chief Minister Hemant Soren, are contesting in the Gandey assembly by-election, the official said.

19 May 2024 5:03 pm
NC chief demands probe into twin terror attacks in J-K, asks Pakistan to stop terrorism

Farooq Abdullah urges Centre to probe Jammu and Kashmir terror attacks, asks Pakistan to stop supporting terrorism. Terrorists kill Aijaz Sheikh in Shopian, injure tourist couple from Rajasthan in Anantnag. Abdullah questions Delhi's stance on terrorism post Article 370 abrogation, demands probe into attacks in Mendhar, Poonch. Calls for investigation into attacks on tourists in Anantnag.

19 May 2024 5:00 pm
Slovak PM's life no longer in danger

Slovak Prime Minister Robert Fico's life is no longer in danger following an assassination attempt, Deputy Prime Minister Robert Kalinak said on Sunday.Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen.He has emerged from the immediate threat to his life, but his condition remains serious and he requires intensive care, Kalinak, Fico's closest political ally, told reporters.The Slovak premier underwent a five-hour surgery on Wednesday and

19 May 2024 3:41 pm
Weight loss comparison: Stairs vs strolls which is more effective?

When it comes to weight loss, both stair climbing and walking have their advantages, but their effectiveness can vary depending on individual factors and preferences.

19 May 2024 2:27 pm
Govt recovers Rs 852 crore under amnesty scheme for exporters

The government recovered Rs 852 crore under the amnesty scheme for exporters for one-time settlement of default in export obligation. The scheme, part of the new foreign trade policy, aims to settle default in export obligation by holders of advance and EPCG authorisations. Small exporters in Ludhiana have urged an extension of the scheme.

19 May 2024 1:53 pm
Visiting Central Delhi today? Delhi Police advise commuters to avoid these roads and metro stations

Delhi Police have heightened security around BJP headquarters ahead of an AAP protest announced by Arvind Kejriwal. AAP didn't seek permission for the demonstration. Traffic police issued an advisory, warning of heavy traffic and road closures near the BJP office. The DMRC closed ITO Metro Station nearby. Kejriwal accused PM Modi of targeting AAP leaders, vowing to protest at the BJP office. Residents adjust travel plans amid heightened security concerns.

19 May 2024 1:04 pm
Tata Motors hikes investment outlay for FY25

Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about Rs 30,000 crore) and Rs 8,000 crore for Tata Motors -- a total of about Rs 38,000 crore. Investment by JLR ended at 3.3 billion pounds (more than Rs 33,000 crore), and Tat

19 May 2024 10:57 am
Trading journal is the most underrated risk mitigation technique. Heres a 5-step guide

This week Finance Minister Nirmala Sitharaman was addressing brokers in BSE. She appealed to the exchanges to maintain stability and mitigate systemic risk to protect the retail investor. The regulators have done a fantastic job of protecting the investors. But the onus shouldnt be theirs alone. As a responsible individual, you too must do a few things to protect yourselves. I have already shared a few articles on how you can succeed as a trader here, here, and here. Today, I am going to talk ab

19 May 2024 9:43 am
Elon Musk in Bali to launch Starlink

Elon Musk arrived in Indonesia's resort island of Bali on Sunday to launch Starlink satellite internet service in the world's largest archipelago nation. The billionaire head of Tesla and SpaceX and owner of social platform X arrived by private jet on the idyllic island of the gods, which is renowned for its tropical beaches, terraced rice paddies, mystical temples and colorful spiritual offerings. Musk is slated to launch the service alongside Indonesian President Joko Widodo in a ceremony late

19 May 2024 8:09 am
CEA Nageswaran calls on industry to reciprocate deregulation efforts

Flagging reports of Indian automobiles failing safety standards, and of misleading labelling on food products, Chief economic adviser V Anantha Nageswaran said the industry has to make a compact with society as well.

19 May 2024 5:30 am
IMEC: Indian team in UAE discusses start of work on trade route

An Indian delegation visited ports in the United Arab Emirates, including the Port of Fujairah, to discuss kickstarting the India-UAE leg of the proposed India-Middle East-Europe Economic Corridor (IMEC) with customs authorities. The visit aimed at preparing the India-UAE leg of the IMEC while awaiting peace in the region for the Israel part.

19 May 2024 5:30 am
FMCG demand most in five southern states: Discretionary or essential, sales go north in south

South India leads post-Covid demand recovery with increased FMCG sales, higher consumer spending, and more shopping trips in 2023, as per Kantar report. Retail sales growth in the peninsula region outperforms the rest of India. The region's rapid recovery is fueled by a young workforce, new-age sectors, and robust manufacturing investment.

19 May 2024 5:30 am
Most states out with draft rules under new labour codes, about 3 cr job opportunities in 2022-23: Labour secretary

Labour secretary Sumita Dawra said the labor reforms have been put in place with an eye on ease of doing business, simplification, and reduction in compliance burden, decriminalization and seamless dispute resolution, promotion of labor market flexibility at the same time in harnessing female participation, leveraging technologies, and meeting the scale needs of the economy, whether at the national or international level.

18 May 2024 7:26 pm
Connaught Place: History, area, owner, rent, other unknown facts

Delhi's Connaught Place (CP) is the beating heart of the city, capturing its commercial, cultural, and historical essence.

18 May 2024 5:37 pm
Centre to evaluate PM KISAN scheme to assess its impact on farmers

To be undertaken by the Development, Monitoring and Evaluation Office of NITI Aayog, the evaluation is being done to understand the success of the scheme in supplementing the financial needs of the farmers, its impact on farm income and the extent to which it has reduced dependence on moneylender. The scheme costs the government Rs 60,000 crore a year.

18 May 2024 3:04 pm
Southwest Monsoon likely to advance into South Anadaman Sea around Sunday: IMD

The India Meteorological Department forecasts the Southwest Monsoon in South Andaman Sea, Southeast Bay of Bengal, and Nicobar Islands. Heavy rainfall expected in Peninsular India. Heatwave conditions continue in Northwest, East, and Central India with alerts for multiple states.

18 May 2024 3:03 pm
Delhi heatwave alert: Temperature may soar above 45 today

Met department forecasts a partly cloudy sky, heatwave, and strong surface winds for the day. Heatwave conditions, defined as a maximum temperature exceeding 4.5 degrees above normal, reaching at least 45 degrees Celsius, are expected.

18 May 2024 11:06 am
Modi's allegation of insult to Uttar Pradesh, a cheap tactic says DMK chief M K Stalin

DMK President M K Stalin criticizes PM Narendra Modi for divisive propaganda and neglecting key issues like reservation and welfare schemes in Tamil Nadu, accusing him of obstructing development projects and spreading lies during elections.

18 May 2024 11:05 am
Hindus not represented in USCIRF, says Indian diaspora body

The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.

18 May 2024 11:00 am
Celebrity Kangana vs 'royal' Vikramaditya on Himachal's Mandi seat: Clash of richest titans

In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.

18 May 2024 10:59 am