Business
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Stock market opens higher as hope rises for India-US trade deal
Mumbai: The domestic benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the IT, PSU bank and financial services sectors in the early trade. At around…
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Bank Nifty in focus after robust Q4 results by leading private lenders
Mumbai: Robust results by leading private lenders like HDFC Bank and ICICI Bank reflect rising investor confidence in the sector’s fundamentals, and the stock market is likely to respond positively to their…
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Market Outlook: Q4 results, PMI and FII data key triggers for next week
Mumbai: The market outlook for next week will be guided by several domestic and global factors such as Q4 results, minutes of RBI’s Monetary Policy Committee meeting, Purchasing Managers Index (PMI) and…
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Equity MF inflows double in FY25, AUM jumps 23 pc on SIP surge
Mumbai: Active equity mutual fund (MF) schemes closed the financial year 2024–25 (FY25) with record-breaking inflows — more than twice the amount seen in the previous year — as fund houses capitalised…
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Nothing to ramp up exports from India amid global trade uncertainty: CEO
New Delhi: Amid growing global trade uncertainty and tariff challenges, London-based consumer electronics company Nothing is considering ramping up exports from India, its CEO Carl Pei has said. Pei said during a…
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Google loses landmark antitrust case, Meta faces similar battle
Sydney: Tech giant Google has just suffered another legal blow in the United States, losing a landmark antitrust case. This follows on from the company’s loss in a similar case last year.…
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No plan to levy GST on UPI transactions over Rs 2,000: Govt
New Delhi: The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000. “The…
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Indian stock market opens in red, IT stocks drag
Mumbai: After three consecutive days of gains, the domestic benchmark indices opened in red on Thursday amid weak global cues, as selling was seen in the IT and auto sectors in the…
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Indian stock market opens flat, Sensex above 76,700
Mumbai: The domestic benchmark indices opened flat on Wednesday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.29 am, Sensex…
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India aims for 10% power tool, 25% hand tool global share
New Delhi: India has the potential to capture a larger share of the global trade market for power and hand tools, targeting $25 billion in exports over the next decade, which could…
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RBI set for deeper easing cycle, Sensex at 82000 by Dec: Morgan Stanley
New Delhi: Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan…
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White House responds to China on rare earths
Washington: Kevin Hassett, a top economic adviser to President Trump, said China’s decision to stop exports of some rare earth minerals was “concerning.” Rare earths are critical ingredients for technology and electronic…
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Sensex, Nifty surge over 2 pc as positive global cues boost investors’ sentiment
Mumbai: India’s frontline equity indices on Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors’ sentiment. After the opening bell, the Nifty 50 was…
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Rupee surges 39 paise to 85.71 against US dollar in early trade
Mumbai: The rupee sustained its gaining momentum and jumped 39 paise to 85.71 against the US dollar in early trade on Tuesday, buoyed by a robust rally in domestic equity markets and…