Business
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RBI’s move to inject liquidity seen as a positive for bond prices
Mumbai: The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The…
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Rupee rises 27 paise to 84.96 against US dollar in early trade
Mumbai: The rupee appreciated 27 paise to 84.96 against the US dollar in early trade on Tuesday, supported by robust foreign fund inflows, stronger domestic data, and easing global tensions. Forex traders…
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Indian stock market opens higher, Nifty above 24,400
Mumbai: The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade. At…
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Need to target 1 billion UPI transactions a day in 2-3 years: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday underscored the need to target one billion Unified Payments Interface (UPI) transactions per day within the next 2–3 years, stressing on the importance of…
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India-Pakistan tensions: History shows Sensex bounced back stronger after every conflict
Mumbai: Even as tensions between India and Pakistan rise once again following the barbaric Pahalgam terror attack, Indian stock markets have showcased resilience every time the two neighbouring nations went into conflict.…
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Over 38 pc of equity MFs in India outperform respective benchmarks in March
Mumbai: Nearly 38.64 per cent of 298 open-ended equity diversified mutual funds in India outperformed their respective benchmarks in March 2025, a report said on Monday. The assets under management (AUM) of…
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Rupee rises 12 paise to 85.29 against US dollar in early trade
Mumbai: The rupee appreciated 12 paise to 85.29 against the US dollar in early trade on Monday, supported by strong domestic fundamentals, such as rising forex reserves and healthy capital inflows. Forex…
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Indian stock market opens higher, Sensex up 400 points in early trade
Mumbai: The Indian equity benchmark indices opened higher on Monday amid mixed global cues, as buying was seen in the PSU bank and financial service sectors in the early trade. At around…
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App Store facilitated Rs 44,447 cr in developer billings in India in 2024: Apple
New Delhi: The App Store ecosystem in India facilitated Rs 44,447 crore ($5.31 billion) in developer billings and sales in 2024, a new Apple study showed on Monday. The study was conducted…
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Market valuation of six top 10 firms jumps
Mumbai: The combined market value of six of India’s top 10 most valued companies surged by Rs 1,18,626.24 crore this week. During the week, the Sensex rose by 659.33 points, or 0.83…
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Indian stock market opens higher, Sensex above 80,000
Mumbai: The Indian equity benchmark indices opened higher on Friday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade. At around 9.27…
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Axis Bank’s Q4 profit falls 1.63 pc
Mumbai: Axis Bank on Thursday reported a 1.63 per cent year-on-year (YoY) drop in its consolidated net profit for the March 2025 quarter (Q4 FY25) to Rs 7,489.71 crore from Rs 7,613.55…
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Indian stock market opens higher, IT stocks shine
Mumbai: The domestic benchmark indices opened in green on Wednesday amid positive global cues, as buying was seen in the IT and auto sectors in the early trade. At around 9.32 am,…
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Adani Data Networks to transfer 400 MHz spectrum to Bharti Airtel
Ahmedabad: Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Limited (AEL), on Tuesday announced that it has signed definitive agreements with Bharti Airtel Limited and its subsidiary Bharti Hexacom…
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India’s real estate sector saw 47 pc jump in investments in Jan-March: Report
New Delhi: Institutional investments in the real estate sector during Q1 (January-March) this year reached $0.81 billion, marking a 47 per cent year-on-year increase, reflecting a renewed sense of confidence among investors,…
