Browsing Category
Business News
SEBI board likely to discuss asset disclosure norms, mutual fund and broker rule overhaul
Mumbai : India’s market regulator, the Securities and Exchange Board of India (SEBI), is expected to discuss major reform proposals at its upcoming board meeting on Wednesday, including a recommendation to make asset disclosures mandatory…
India has added 2,361 MW biomass capacity in last 10 years: Minister
New Delhi : India has added 2,361 MW biomass capacity, 228 MWe waste-to-energy capacity, and 2.88 lakh biogas plants in the last 10 years, propelled by various incentives provided by the government in the push for green energy, the…
RBI chief sees key interest rates staying low for a long period
New Delhi : Reserve Bank of India (RBI) Governor Sanjay Malhotra expects the key policy rates to remain low for a “long period” based on the RBI’s projections as the Indian economy is recording robust growth while inflation is well under…
Sensex, Nifty slip for 3rd straight session
Mumbai : Indian equity benchmark indices ended lower for the third straight session on Wednesday as selling pressure in media, realty and consumer durables stocks weighed on market sentiment.
At the close of trade, the Sensex settled at…
Toyota Kirloskar Motors inks MOU with NISE in the presence of Union Minister Pralhad Joshi
With a driving range of approx. 650 km and a refueling time of under 5 minutes, it is among the world’s most advanced zero-emission mobility solutions, aver the Mission Director Abhey Bakre
Rupee records another low, nearing 91 over FPI outflow, US trade deal uncertainty
New Delhi : About a fortnight after breaching the 90 mark, the Indian Rupee is inching towards 91, hitting a fresh all-time low. At the time of filing this report, the Rupee was trading at 90.904 per US dollar, with an intraday high of…
BHEL pays dividend cheque of over Rs 109 crore to govt
New Delhi : Bharat Heavy Electricals Limited (BHEL) handed over a dividend cheque of over Rs 109 crore to the government for the financial year 2024-25, it was announced on Monday.
The FY25 dividend payout, received by H.D. Kumaraswamy,…
India’s EV sales could reach 22 million units by 2035: Report
New Delhi : Electric vehicle (EV) sales in India could reach 22 million units by 2035, with EV penetration crossing 50 per cent across most vehicle segments, a report said on Monday.
This growth will be supported by favourable demand…
India’s WPI inflation stays in negative zone in Nov, overall outlook benign
New Delhi : India’s inflation rate based on wholesale prices remained in the negative zone in November, as prices declined by (-) 0.32 per cent last month compared to the same month of the previous year, according to figures released by the…
Govt plans to serve local cuisine in Vande Bharat trains
New Delhi : Railways Minister Ashwini Vaishnaw on Saturday discussed with officials on providing local cuisine of the region in Vande Bharat trains, and then roll it out across the railway network in the future.
Interacting with…
Nifty 50, Nifty Midcap 150 emerge as top indices in November: Report
New Delhi, Dec 13 (IANS) Nifty 50 and Nifty Midcap 150 emerged as best-performing indices in November, with a growth of 1.87 per cent and 1.59 per cent, respectively, a report said on Saturday.
Meanwhile, Nifty 50 outperformed with a…
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…
