More From Economy
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Demand slowdown, global uncertainties impacting India's exports
September 07, 2022 13:52 ISTThe US and EU are impacting exports of key sectors including engineering, gems, and jewelry, and may have implications on India's exports in case the global situation does not improve in the coming months.
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Benchmark indices fall in early trade amid weak global markets
September 07, 2022 10:39 ISTFrom the Sensex pack, IndusInd Bank, Bharti Airtel, HCL Technologies, Axis Bank, Tech Mahindra, Kotak Mahindra Bank, HDFC, Infosys, HDFC Bank, and Reliance Industries were major laggards in early trade.
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Rupee falls 11 paise to 79.93 against US dollar in early trade
September 07, 2022 10:22 ISTAt the interbank foreign exchange market, the rupee opened at 79.93 against the greenback, registering a decline of 11 paise over its last close.
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Gautam Adani honoured with Global Leadership Award
September 07, 2022 14:19 ISTThe Global Leadership Award recognises top corporate executives from India and the US, who demonstrate an active and dynamic commitment to strengthening the US-India partnership.
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NSE illegal phone-tapping: ED arrests former CEO Ravi Narain
September 07, 2022 0:01 ISTNSE illegal phone-tapping: Narain is understood to have been arrested in the tapping case under the criminal sections of the Prevention of Money Laundering Act (PMLA).
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India would be happy to discuss trade pact with US: Piyush Goyal
September 06, 2022 16:20 ISTIndia is negotiating all trade pacts to boost the country's exports and create jobs in the domestic market. It is aiming to take exports of goods and services to USD 2 trillion by 2030.
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Markets extend previous day gain in early trade
September 06, 2022 13:25 ISTPower Grid, NTPC, Bharti Airtel, Reliance Industries, Titan, Maruti, HDFC Bank, Hindustan Unilever and Bajaj Finance were among the major gainers in initial trade.
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Rupee falls 12 paise to 79.90 against US dollar in early trade
September 06, 2022 13:24 ISTAt the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell further to 79.90, registering a decline of 12 paise over its last close.
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Reliance Industries to acquire majority stake in US-based SenseHawk
September 06, 2022 9:45 ISTReliance Industries Limited and SenseHawk's deal value is worth USD 32 million.
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Rupee rises 5 paise to 79.82 against US dollar in early trade
September 05, 2022 15:02 ISTThe rupee opened at 79.84 against the dollar and touched 79.82 in initial deals, registering a gain of 5 paise over the last close.
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Sensex gains over 280 pts in early trade; Nifty above 17,600
September 05, 2022 15:02 ISTICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank, and HDFC Bank were the major gainers in early trade.
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Shapoorji Pallonji group suffers 2nd personal loss this year
September 05, 2022 15:00 ISTThe SP Group's interest spans from engineering & construction under its flagship Afcons, real estate, consumer goods, and solar power, from the last two it had exited recently as part of deleveraging. The group employs more than 50,000 people in more than 50 countries today.
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Who is Cyrus Mistry? A reclusive scion who fought for honour after being fired by Tatas
September 04, 2022 19:58 ISTWho is Cyrus Mistry? A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as the head of the over USD 100 billion, salt-to-software Tata group.
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Paytm says no link with Chinese loan merchants under ED scanner
September 04, 2022 18:49 ISTPaytm said that none of the funds frozen by the Enforcement Directorate (ED) belongs to it or any of its group firms.
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Cyrus Mistry dies at 54: Maharashtra Deputy CM Fadnavis orders probe into fatal accident
September 04, 2022 18:29 ISTCyrus Mistry killed in road accident: Fadnavis said he was shocked and deeply pained to know about the demise of Mistry (54) in the unfortunate accident near Palghar adjoining Mumbai.
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Cyrus Mistry, former Tata Sons chairman, killed in road accident near Mumbai
September 04, 2022 22:52 ISTCyrus Mistry dies in car accident: Mistry was traveling from Ahmedabad to Mumbai when his car hit the divider. There were four people in the car out of which two succumbed to injuries. The other two have been admitted to a local hospital in Kasa.
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Automakers maneuvering with different gears to shift towards Electric vehicles
September 04, 2022 13:07 ISTIn India, it is mainly the battery electric vehicles (BEVs) and hybrids which are being rolled out by the leading automakers.
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India set to become 3rd largest economy by 2030, say experts
September 04, 2022 8:01 ISTIndian economy news: "India is moving up the power scale and according to my earlier forecast by 2028-2030, we will become the third largest economy in the world," said Arvind Virmani, Former Chief Economic Advisor.
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ED raids offices of Razorpay, Paytm, Cashfree in Chinese loan apps case
September 03, 2022 15:31 ISTED, the federal probe agency said it has seized Rs 17 crore worth funds kept in "merchant IDs and bank accounts of these Chinese persons-controlled entities", during the raids.
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Hotels, homestays nearly full as north Bengal braces for 'revenge travel' during Durga Puja
September 03, 2022 14:40 ISTThe Northeast Frontier Railway has also decided to operate four new toy train joy rides in Darjeeling during the festive season. The rides will run between Darjeeling and Ghum from October 1.
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India beats UK to become world's fifth largest economy
September 03, 2022 9:02 ISTIndia world's fifth largest economy: The report stated that the size of the Indian economy in 'nominal' cash terms in the March quarter was $854.7 billion.
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Markets end flat after choppy day; Sensex ends at 58,803, Nifty at 17,539
September 02, 2022 17:48 ISTThe BSE Sensex oscillated between gains and losses throughout the session after finally settling 36.74 points or 0.06 per cent higher at 58,803.33 while Nifty dropped 3.35 points or 0.02 per cent ending at 17,539.45.
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Markets rebound in early trade
September 02, 2022 11:52 ISTNTPC, ITC, Bajaj Finance, Kotak Mahindra Bank, Larsen & Toubro, Titan, Mahindra & Mahindra, and Asian Paints were among the gainers in early trade.
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Starbucks names Indian-origin Laxman Narasimhan as new CEO
September 02, 2022 9:54 ISTLaxman Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company.
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UPI records 657 crore transactions worth Rs 10.72 lakh crore in August
September 01, 2022 17:45 ISTThe growth in UPI volumes is up almost 100 percent (year-on-year) and amounts transacted grew by 75 percent YoY in the month of August.
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Sensex, Nifty fall over 1% amid weak global trends
September 01, 2022 16:57 ISTThe BSE Sensex fell 770.48 points or 1.29 percent to settle at 58,766.59. During the day, it tanked 1,014.5 points or 1.70 percent to 58,522.57. Similarly, the NSE Nifty declined 216.50 points or 1.22 percent to close at 17,542.80.
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Moody's slashes India's economic growth forecast to 7.7% for 2022
September 01, 2022 13:43 ISTBusiness news updates: This is a sharp 1.1 percentage points cut from the growth projection of 8.8 per cent for current year made in May by Moody's.
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India's air traffic to grow nearly 7 pc through 2040: Boeing
September 01, 2022 12:56 ISTThe projection is based on an over 20-year horizon and the growth could be much higher in the near-term.
Top News
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Big setback for Hemant Soren government as Jharkhand High Court stays order cancelling JPSC exams
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Gangster Vinod Panu alias Kana shot dead outside Hisar court gate; 12 rounds fired
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Supreme Court sets up high-powered committee to investigate police action against student protesters
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How much did Prithviraj Sukumaran's Khalifa earn on Day 1 at the box office, as per early estimates?
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Lalithaa Jewellery IPO allotment expected today, here's step-by-step guide to check status online
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'They should do this in London': Foreign tourists praise Delhi Metro's women's coach after first rid
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Supreme Court sets up high-powered committee to investigate police action against student protesters
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How much did Prithviraj Sukumaran's Khalifa earn on Day 1 at the box office, as per early estimates?
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Claims regarding permission for protest at Jantar Mantar over reservation reform fake: Delhi Police
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UP man eats grass and straw during Nag Panchami ritual, villagers claim Mahishasura 'possessed' him
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Russian influencer who slammed Rs 60 Mumbai pani puri says she was 'wrong' after seeing Dubai price
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Woman offered double her salary to return to corporate job, shares 5 reasons why she didn't go back
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'Doggy brother' stages unusual protest at Khandwa Collectorate over stray dog menace, video viral
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Massive crocodile enters Goa home, residents rush indoors as panicked stray dogs bark