Business
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Ola Electric misses cell manufacturing deadline at its Gigafactory
New Delhi: As it continues to struggle on various fronts amid job cuts, Ola Electric Mobility has now failed to kick off cell manufacturing at its Gigafactory on time. According to a…
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Stock market opens higher, Sensex above 73,300
Mumbai: The Indian benchmark indices opened higher on Wednesday amid mixed global cues, as buying was seen in auto, IT and PSU Bank sectors in early trade. At around 9.31 am, Sensex…
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Rupee gains 13 paise to settle at 87.19 against US dollar
Mumbai: The rupee rebounded from initial losses and settled with a gain of 13 paise at 87.19 against the US dollar on Tuesday on the back of a weak American currency index…
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Paytm shares plunge over 3 pc after ED issues notice over FEMA violations
New Delhi: Shares of Paytm’s parent company, One97 Communications Limited, fell over 3 per cent in early trading on Tuesday after the Enforcement Directorate (ED) issued a notice against the firm. The…
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Credit card spending in India sees 14 pc growth in Jan
Mumbai: Total credit card spending in India reached Rs 1,84,100 crore (Rs 1,841 billion) in the month of January, marking a strong 14 per cent growth (year-on-year), a report showed on Tuesday.…
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Stock market opens lower as global tariff war deepens, Nifty below 22,000
Mumbai: The Indian benchmark indices opened lower on Tuesday amid weak global cues, as selling was seen in the auto and IT sectors in the early trade. At around 9.30 am, Sensex…
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HC asks ACB not to act till Mar 4 on order for FIR against ex-Sebi chief
Mumbai: The Bombay High Court on Monday asked the ACB not to act until March 4 on an order directing it to lodge an FIR against former Sebi chairperson Madhabi Puri Buch…
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Indian stock market opens higher over strong GDP growth data
Mumbai: The Indian benchmark indices opened higher on Monday as key economic indicators, including GDP growth and strong GST collections, were in line with the expectations. Buying was seen in the auto…
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India’s growth becoming more balanced as private consumption’s share in GDP rises
New Delhi: The good news is that India’s growth is becoming more balanced as private consumption’s share in GDP rose in fiscal 2025, according to a Crisil report. The mild revision of…
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India will be at forefront of AI era: Piyush Goyal
Mumbai: With the Modi government’s sound policies playing the role of an enabler for entrepreneurs and innovators to take advantage of the new digital wave, India will be at the forefront of…
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Hyundai, Kia post record sales in US in February
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 3 per cent from a year ago in February, marking its biggest sales for the month, the…
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Stock market: Important period for investors to focus on long-term opportunity
New Delhi: Despite the short-term sell-off, the combination of strong macro fundamentals, robust earnings growth, and attractive valuations makes this an important period for investors to focus on the long-term opportunity rather…
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Paytm gets ED notice for FEMA violations in acquisition of 2 firms
New Delhi: The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with…
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RBI says 98.18 pc of Rs 2000 notes returned
Mumbai: The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes are still…