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SBI cuts lending, retail deposit rates from Dec 15
New Delhi : The State Bank of India (SBI) has announced marginal reductions in key lending benchmarks and select term deposit rates, effective from December 15.
The bank reduced the rate on 2 to less than 3 years tenor to 6.40 per cent…
India’s life-insurance sector makes a strong rebound in Nov, LIC leads
New Delhi:India’s life-insurance sector made a strong rebound in November, with new-business premiums increasing by 23 per cent year-on-year to Rs 31,119.6 crore, according to a new report. The life-insurance industry continued its streak…
IT firm Methodhub Software lists at 20 pc discount
Mumbai:Methodhub Software made a weak debut on the stock market on Friday, as its shares listed at a steep discount compared to the IPO price. The stock opened at Rs 155.20 on the BSE SME platform, which is 20 per cent lower than the issue…
Rupee slides over weak global cues, FII outflows
Mumbai: The rupee fell to a new record low in early trade on Friday, slipping 24 paise to 90.56 against the US dollar. The currency came under pressure as uncertainty around the India-US trade deal and continued foreign fund outflows hurt…
Gold edges up, silver slips after record high
Mumbai; Gold prices inched up on Friday morning, while silver slipped as traders booked profits after the metal hit a fresh record high on the MCX. During early trade, MCX gold futures for February were trading 0.10 per cent higher at Rs…
Sensex, Nifty open higher on hopes of India–US trade deal
Mumbai: Indian stock markets opened on a strong note on Friday, taking cues from a global market rally and rising optimism that an India–US trade deal may soon be finalised.
The positive sentiment strengthened further after Prime Minister…
HSBC upgrades India to ‘Overweight’, predicts Sensex at 94,000 by 2026
New Delhi : Indian equities are set to be in a stronger position in 2026 on the back of lower inflation, tax reforms, and an easier monetary policy, a HSBC Global Research report stated on Thursday, putting India's outlook as 'overweight'…
Indian DTH companies’ revenue degrowth to moderate to 3-4 pc this fiscal: Report
New Delhi : Private direct-to-home (DTH) television providers will continue to see revenue decline this fiscal (FY26), but at a reduced rate of 3–4 per cent compared with 5 per cent last fiscal, as they expand into Internet Protocol…
IndiGo offers travel vouchers worth Rs 10,000 to severely impacted customers
New Delhi : Limping back to normalcy, IndiGo on Thursday offered travel vouchers worth Rs 10,000 to customers who were severely impacted during the flight disruption earlier this month.
The airline “regrettably acknowledged” that several…
SIP inflows in November stand at Rs 29,445 crore
Mumbai : SIP inflows in November remained almost steady at Rs 29,445 crore, slightly lower than the Rs 29,529 crore recorded in October, according to data released by the Association of Mutual Funds in India (AMFI) on Thursday.
Despite…
Australia’s world-first social media ban for under-16s comes into force
Sydney : Australia's world-first social media ban for under-16s came into effect on Wednesday, with 10 major platforms, including Facebook, YouTube, TikTok and X, required to prevent them from holding accounts.
In a video message to…
India on track to become world’s largest developer community by 2030: Satya Nadella
New Delhi : Microsoft Chairman and CEO Satya Nadella on Wednesday said India is on track to become the world’s largest developer community by 2030, highlighting the country’s growing talent and its emerging leadership in next-generation AI…
Apple expands retail presence in India with Noida store, 5th in country
Noida : In a boost to India’s electronics manufacturing growth story, US tech giant Apple on Wednesday previewed Apple Noida, its first retail store here and fifth in the country so far.
The new store brings together Apple’s full lineup…
E-commerce major Amazon to invest over $35 billion in India through 2030
New Delhi : US e-commerce major Amazon on Wednesday announced to invest more than $35 billion across all its businesses in India through 2030.
The US-headquartered company plans to spread this investment across what it calls its three…
India’s IPO pipeline in 2026 set to cross Rs 2.55 lakh crore amid strong investor demand
New Delhi : Indian companies have built an initial public offering (IPO) pipeline exceeding Rs 2.55 lakh crore for the coming calendar year as firms rush to tap buoyant investor demand.
For 2026, 88 companies have secured SEBI approval…
Indian stock markets open lower amid profit booking
Mumbai : Indian stock markets opened sharply lower on Tuesday as investors booked profits after the recent rally.
Sentiment weakened further after reports suggested that US President Donald Trump may consider imposing new tariffs on…
Gold, silver open flat ahead of the US Fed policy outcome
Mumbai : Gold prices were steady in early trade on Tuesday, as investors stayed cautious ahead of the US Federal Reserve’s interest rate decision.
On the Multi Commodity Exchange (MCX), gold February contracts were unchanged at Rs…
Centre approves Rs 68.67 crore for 25 new road projects in Tripura
New Delhi : The Ministry of Rural Development on Tuesday approved 25 new road projects in Tripura under the Road Connectivity component of the PM-JANMAN scheme.
These projects cover a total length of 65.38 kilometres and will be…
LT Foods drops over 6.5 pc, other Indian rice stocks also slide
Mumbai : Shares of leading Indian rice companies fell sharply on Tuesday, after US President Donald Trump hinted that he may impose fresh tariffs on agricultural imports, specifically targeting Indian rice and Canadian fertilisers.
The…
Nifty, Sensex open 0.7% down, as Trump’s fresh tariff threats on rice trigger heavy selling
Mumbai : Indian stock markets opened in heavy selling mode on Tuesday after fresh remarks by US President Donald Trump indicating an additional 25 per cent tariff on rice imports into the United States.
The comments have dampened any…
