Business

West Asia conflict a ‘war’, government firms can invoke ‘force majeure’ clause

The clause allows relief in extraordinary circumstances beyond human control, such as war, and frees parties from contractual liability NEW DELHI: The...

Banking panel to review PSB constraints, credit flow: DFS Secretary

A proposed High-Level Committee on Banking for Viksit Bharat will examine balance sheet constraints faced by public sector banks and ways...

EPS-95 pension hike likely? Minimum pension may rise above Rs 1,000; check who could benefit most

A long-pending demand of EPFO pensioners may finally move forward, with the labour ministry reportedly examining a revision in the minimum...

US raises tariff on EU cars, trucks: Trump claims bloc not complying with trade deal

US President Donald Trump said the United States will raise tariffs on cars and trucks imported from the European Union to...

Dollar slides against yen after Japan action, sharpest weekly fall since February

The US dollar was set for a second straight day of losses against the Japanese yen on Friday after Japan was...

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