Business
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Sensex, Nifty open in red, IT stocks continue to lose
Mumbai: The Indian stock market opened in the red on Monday as information technology (IT) stocks saw selling pressure. At 9.29 am, Sensex slipped 242 points or 0.30 per cent at 81,220…
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Fed meet, Q1 earnings to drive Indian stock market next week
Mumbai: Factors like the upcoming US Federal Reserve meeting, ongoing corporate earnings, and release of important economic data such as Industrial Production (IIP) and HSBC Manufacturing PMI will play a major role…
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No plan to levy GST on UPI transactions exceeding Rs 2000, reiterates Centre
New Delhi: The government has reiterated that there is no plan to levy goods and services tax (GST) on unified payments interface (UPI)-based transactions exceeding Rs 2,000. Pankaj Chaudhary, Minister of State…
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Japan to invest USD 550B in US, Trump claims 90pc profits for America
Washington: President Donald Trump is bragging that Japan has given him, as part of a new trade framework, USD 550 billion to invest in the United States. It’s an astonishing figure, but…
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Indian markets fall for 4th week on weak Q1 earnings, global sentiment
Mumbai: The Indian equity market ended 0.26 per cent lower on a weekly basis, showing decline for the fourth consecutive week, due to subdued Q1 earnings and cautious global sentiment, analysts said…
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Rupee weakens 12 paise to settle at 86.52 against US dollar
Mumbai: The rupee declined 12 paise to settle at 86.52 against the US dollar on Friday, tracking negative domestic equity markets and surging global crude oil prices. A strengthening American currency overseas…
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Over 78 pc Indian Railways tracks upgraded for speed of 110 kmph & above
New Delhi: Over 78 per cent of railway tracks in the country have now been upgraded for speeds of 110 kmph and above, with the improvement in the Indian Railways network carried…
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IT sectors lease 50 pc office spaces in India in April-June
New Delhi: The Information Technology-enabled Services (ITeS) and IT sectors in India continue to dominate the commercial real estate (CRE) leasing segment, accounting for 50 per cent of absorption during April-June (Q2…
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Stock market opens in red, auto and metal stocks lead losses
Mumbai: The Indian stock market saw selling pressure in early hours of trading on Friday amid mixed global cues. At 9.23 am, Sensex declined 290 points or 0.35 per cent at 81,894…
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McDonald’s India operator Westlife Foodworld’s Q1 profit drops 62.5 pc in Q1
Mumbai: Westlife Foodworld, the company that operates McDonald’s restaurants in West and South India, on Wednesday reported a sharp 62.5 per cent drop in its consolidated net profit for the April–June quarter…
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Karnataka govt set to partner with Bajaj Auto to boost ITI job skills
Bengaluru: The Karnataka government is in the final stages of forging a partnership with Bajaj Auto, one of India’s leading automotive manufacturers, to provide industry-relevant employability skills to students in ITIs across…
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Railways spent 45 pc in subsidy on passenger travel in 2023-24: Govt
New Delhi: The Indian Railways provisionally spent Rs 60,466 crore in subsidy, 45 per cent of the cost of passenger travel, in the financial year 2023-24, the Centre informed the Lok Sabha…
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Andhra SIPB clears Rs 20,216 cr in fresh investments; 50,600 jobs in pipeline
Amaravati: The ninth SIPB meeting of Andhra Pradesh, chaired by Chief Minister N Chandrababu Naidu on Tuesday, approved four projects worth Rs 20,216 crore, with the potential to generate employment for 50,600…
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Silver hits record Rs 1.15L per kg, gold crosses Rs 1L mark again
New Delhi: Gold and silver prices surged sharply on Wednesday, with both precious metals scaling new heights in the domestic market amid mixed global cues. While 24-carat gold breached the Rs 1…
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India to be 3rd-largest economy by 2028: Morgan Stanley
New Delhi: A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035. Embedded…
