Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Stock markets drop in early trade on escalating US-Iran tensions
Mumbai: Stock market benchmark indices Sensex and Nifty declined in early deals on Thursday, June 11, tracking weak trends in global equities and rising crude oil prices amid escalating tensions between the…
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Centre waives excise duty on petrol with up to 30 pc ethanol
New Delhi: The Union government has exempted petrol blended with higher levels of ethanol from excise duty, including fuel variants containing 22 per cent, 25 per cent, 27 per cent and 30…
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HYDRAA protects 15 acre govt land worth 3,000 cr after HC verdict
Hyderabad: The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has completed fencing around 15 acre government land valued at Rs 3,000 crore in Khanamet village of Serilingampally mandal of Rangareddy district…
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SpaceX IPO opens door to retail investors, but here are the risks
New York: When SpaceX makes its debut on the US stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s…
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Meta, FPEL partner on 88 MW renewable energy projects in India
New Delhi: Fourth Partner Energy (FPEL) said on Wednesday, June 10, it has partnered with Meta Platforms Inc. on 88 megawatts alternating current (MWac) of renewable energy projects across India, as the…
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Stock markets climb in early trade on buying in blue-chips
Mumbai: Benchmark indices Sensex and Nifty climbed in early trade on Wednesday, June 10, amid buying in blue-chip stocks Reliance Industries, ICICI Bank and cooling crude oil prices. The 30-share BSE Sensex…
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Fitch cuts FY27 growth projection; War to slow down economy
New Delhi: Fitch Ratings on Tuesday, June 9, lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7 per cent, saying that the…
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Enforcement Directorate summons Zepto founders over FEMA probe
New Delhi: Zepto co-founders Aadit Palicha and Kaivalya Vohra received summons from the Enforcement Directorate (ED) in April this year, seeking information and documents related to foreign investments, financials, and the company’s…
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India auto sales hit record high in May; EV share tops 11 pc
New Delhi: India’s automobile retail sales grew 9.55 per cent to a record 25,31,067 units in May, while EV penetration crossed 11 per cent for the first time, as dealers saw a…
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Centre has coal reserves for 80 days, says Kishan Reddy
Hyderabad: Union Minister G Kishan Reddy on Monday, June 8, said that the Centre has adequate coal reserves to meet the requirements of power generation for 80 days. Speaking to reporters about…
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Oil prices surge, while global stocks skid as West Asia conflict
Tokyo: Global shares sank on Monday, June 8, after Wall Street ended last week with its worst day since October, while oil prices jumped more than USD 4 as fighting flared between…
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Hyderabad fintech Viyona joins Bharat BillPay network
Hyderabad: Hyderabad-based Viyona Fintech India Private Limited has secured certification as a Biller Operating Unit (BOU) under the Bharat Bill Payment System (BBPS), operated by NPCI Bharat BillPay Limited. The certification allows…
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Stock markets slump tracking sharp fall in global equities
Mumbai: Stock market benchmark indices Sensex and Nifty tumbled in early trade on Monday, June 8, tracking a sharp decline in global equities and a fresh spike in crude oil prices, amid…
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Rupee falls 17 paise to 95.35 against US dollar in early trade
Mumbai: Rupee fell 17 paise to 95.35 against US dollar in early trade on Monday, June 8, weighed down by the strength of the American currency in the overseas market amid strong…
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West Asia crisis, oil prices to drive stock market this week
New Delhi: Stock market this week will track simmering tensions in West Asia, its impact on crude oil prices, and the trading activity of foreign investors, analysts said. The trading week may…
