Business
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Govt eases norms for customs cargo service providers to boost global trade
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced key relaxations for Customs Cargo Service Providers to promote ease of doing business and cut logistics cost in order…
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Hyderabad activist urges action against ASBL Spectra’s ‘illegal’ constructions
Hyderabad: Congress leader and environmental activist Dr Lubna Sarwath has called on environment and forests minister Konda Surekha to take legal action against ASBL Spectra for building apartments in Puppalguda village without…
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SBI Q2 net profit jumps 23 pc to Rs 19,782 cr
Mumbai: SBI on Friday reported a 23 percent on-year jump in consolidated net profit at Rs 19,782 crore for the quarter ended September 30, 2024. The consolidated net profit for the corresponding…
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US Fed’s 2nd consecutive rate cut a booster for emerging markets like India
Mumbai: The US Fed’s second consecutive rate cut this year of 25 basis points should be bullish for emerging markets like India, market experts said on Friday. It wasn’t a surprise when…
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Hyundai Motor pips Volkswagen to become world’s 2nd-largest automaker
Seoul: Hyundai Motor Group has outperformed Volkswagen Group to become the world’s second-largest automaker in terms of operating profit, industry data showed on Thursday. According to automotive industry data, Hyundai Motor Group…
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Tata Steel bounces back with Rs 833 cr net profit in Q2
New Delhi: Tata Steel Ltd on Wednesday reported a net profit of Rs 833 crore for the July-Sept quarter (Q2) of the current financial year to bounce back from a loss of…
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Musk’s Tesla stock surges 15% in early US trade after Trump’s win
Washington: The stock of Elon Musk-run Tesla soared almost 15 per cent on Wednesday in early trade on Nasdaq (US time), making it one of the biggest winners in the S&P 500…
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Hyderabad: Dy CM tells banks to not worry about HYDRAA for constructions
Hyderabad: Deputy chief minister Bhatti Vikramarka has informed the bankers not to be worried about the prospects of the Hyderabad Disaster Response Assets Monitoring and Protection Agency (HYDRAA) giving permissions for constructions…
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US Dollar, Bitcoin soar to record highs as Trump wins Presidential election
As stats reflected Donald Trump’s win in the 2024 US Presidential elections, values of the US Dollar (USD) and the cryptocurrency Bitcoin surged on Wednesday, November 6, with the USD recording the…
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Bitcoin expected to hit USD 80,000 as crypto fan Trump edges closer to victory
New Delhi: As Donald Trump edged closer to victory in the US presidential election, Bitcoin surged to a record high of USD 75,060, fuelling investors’ excitement in the cryptocurrency sector. The world’s…
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Indian stock market opens in green ahead of US election outcome
Mumbai: As counting for the keenly-contested US presidential election went underway, the Indian stock market opened in green on Wednesday as buying was seen in sectors like realty, media, energy, private bank…
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Rupee falls 14 paise to all-time low of 84.23 against US dollar in early trade
Mumbai: The rupee fell 14 paise to an all-time low of 84.23 against the US dollar in early trade on Wednesday, dragged down by persistent foreign fund outflows and the strength of…
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US election: No long-term impact on Indian stock markets, say experts
New Delhi: India is a strong economy — on its way to becoming the third-largest one in the world — and the US election results may affect foreign inflows in the short…
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US election: Meta extends ban on new political ads till later this week
San Francisco: Meta has announced to extend ban on new political ads on Facebook and Instagram even after the US presidential election on November 5. In its political ads policy update, Meta…
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Indian stock market opens flat, all eyes on US election
Mumbai: The Indian stock market opened flat on Tuesday as buying was seen in metal, auto IT, PSU bank and pharma sectors during the early trade, as investors turned their attention to…
