Bharat Petroleum Corporation Ltd (BPCL) on Friday said it has entered into a strategic agreement with Equinor India for the purchase of propane and butane for a period of one year. Equinor India is a wholly-owned subsidiary of Equinor ASA. BPCL said that the agreement ensures a reliable supply of these...
 Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for a business integration.   The automakers agreed to end their agreement regarding the consideration of the structure for a collaboration of the trio, their joint statement said. Honda Motor Co. and Nissan Motor Corp. announced in December...
As Artificial Intelligence (AI) continues to reshape industries and redefine the global technological landscape, India is emerging as a key player in this revolution, said global technology leaders amid the AI Action Summit in Paris. The third edition of the AI Action Summit is the latest in a series of...
India and Israel are set to enhance their economic and trade engagement through the India-Israel Business Forum and the India-Israel CEO Forum, both scheduled for February 11 in New Delhi. These platforms will bring together key business leaders, policymakers, and industry stakeholders from both nations to explore opportunities for...
World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to heavy-handed red tape that businesses say stifles innovation. Eagerness to rein in AI has waned since previous AI summits in Britain and South Korea...
The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data. The overall reserves had increased by $5.574 billion to $629.557 billion in the previous week. The forex reserves had increased to an all-time high of...
RBI Governor Sanjay Malhotra introduced a new ‘.bank.in’ internet domain for Indian banks and stricter authentication protocols for digital transactions on Friday, as part of his unveiling of the Monetary Policy. “The Reserve Bank shall implement the bank.in exclusive internet domain for Indian banks,” Malhotra said. In a bid to reduce...
The trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, sources said. They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump’s first tenure. After coming to...
India and the UK are expected to resume the talks for the proposed free trade agreement from February 24, an official said. The UK trade minister is likely to visit the national capital soon, the official said.     The talks for the proposed FTA began in January 2022. The 14th round of...
In a major announcement, Finance Minister Nirmala Sitharaman on Saturday said the government will introduce a new Income Tax Bill next week. The new Income Tax Code will be announced next week, and the I-T Department will “trust first, scrutinise later”, the Finance Minister said while presenting the Budget 2025-26. The...