Of the 4.4 million tonnes of basmati rice shipped by India in the 2018/19 fiscal year, Iran accounted for 1.4 million tonnes

Budget 2020: Auto industry seeks bold fiscal measures to revive growthIn middle of a prolonged slowdown, the automobile industry has asked the government to take bold fiscal measures to revive the sector that has reported its worst-ever sales decline in two decades during 2019, industry sources said.In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encoura...

Foreign Secretary Dominic Raab in a statement called the arrest 'a flagrant violation of international law'

Iran-US conflict: A leader of Iran's opposition Green Movement, Mehdi Karroubi, called on Iran's Supreme Leader Ayatollah Ali Khamenei to step down over the handling of the downed airliner

Crude oil prices rose to a three-month high of almost $72 a barrel soon after Iranian air strikes at US-Iraqi military bases, but cooled off amid speculation that Tehran is opting for limited retaliation over the killing of its top general

US Iran conflict: USA might relax restrictions on flying space for pilots,India could also do so. Here's all you need to know

US Iran conflict: USA might relax restrictions on flying space for pilots,India could also do so. Here's all you need to know

Amidst several denials, Iran announced on Saturday that its military shot the Boeing jetliner carrying 176 passengers 'unintentionally'. Here's all you need to know

Muilenburg was fired from the job in December as Boeing failed to contain the fallout from a pair of fatal crashes that halted output of the company's bestselling 737 MAX jetliner and tarnished its reputation with airlines and regulators

Flipkart former CEO Sachin Bansal acquires DHFL General Insurance for Rs 100 croreFlipkart co-founder and former CEO Sachin Bansal has reportedly acquired DHFL General Insurance from Wadhawan Group Capital (WGC) for around Rs 100 crore. The deal is seen as a distress sale for Kapil Wadhawan-led financial services group, which used to run the debt-laden DHFL. With this acquisition, Bansal has entered into insurance business. The investment is also seen as part of his strategy to en...

Trudeau said Canada had intelligence from multiple sources indicating the plane had been shot down by an Iranian surface-to-air missile, quite possibly by accident

At the interbank foreign exchange market, the rupee opened marginally lower at 71.25 but soon stabilised to trade at 71.14.

Twitter Inc will test new features early this year to allow users to control who can reply to their tweets, as it looks to limit abuse and harassment on the platform; The government is considering to assess and rate its national highways on benchmarks such as safety and mobility etc. It wants to undertake this exercise in order to improve the quality of highways network in the country; U.S. President Donald Trump said on Wednesday Iranian missile strikes on bases in Iraq had not harmed any U.S. troops stationed there and damage was minimal, an outcome he said showed Tehran wanted to prevent an escalation into conflict. This and more news on News Blast.

World Bank cuts India's FY20 growth estimates to 5% from earlier 6%The World Bank on Wednesday cut its forecast for India's growth for financial year 2020 to 5 per cent from the estimated growth of 6 per cent earlier. The multilateral development lender also expects India's growth to pick up slightly to 5.8 per cent in the next fiscal. World Bank's Global Economic Prospects report stated weakness in credit from non-banking financial companies (NBFCs) as one of the primary reasons ...

Iran-US conflict: Trump said no Americans were hurt in the overnight attacks. The Pentagon said Iran had launched 16 short-range ballistic missiles

At the interbank foreign exchange market, the rupee opened strong at 71.44 against the greenback.

Share Market Update : Domestic indices gained on Thursday on back of bullish global equities after remarks by US President suggested that US and Iran were refraining from further military action.

He urged world powers to quit a 2015 nuclear accord with Iran that Washington withdrew from in 2018 and work for a new deal, an issue that has been at the heart of rising tension between Washington and Tehran

Iran-US conflict: Air India has decided to reroute its flights that use the Iranian airspace amid the escalating tensions

This rerouting may lead to increase in flying time by approximately 20 minutes for flights from Delhi and 30 to 40 minutes for flights from Mumbai, Air India said in a statement