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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Govt opens bids for 12th round of coal mine auctions
New Delhi: The Nominated Authority of the Coal Ministry on Monday opened the bids for the 12th round of commercial coal blocks’ auction in which as many as 41 bids have been…
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Gold falls Rs 170 to Rs 1,01,370/10g amid weak global cues
New Delhi: Gold prices fell Rs 170 to Rs 1,01,370 per 10 grams in the national capital on Monday, June 16, amid weak global trends, according to the All India Sarafa Association.…
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Oil prices jump as Middle East tensions escalate
New Delhi: Oil prices in the international market jumped further on Monday after the Mideast tensions escalated between Israel and Iran. Brent climbed as much as 5.5 percent before paring most gains…
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Indian stock markets open in green despite Middle East tensions
Mumbai: The Indian equity indices opened in the green on Monday despite rising Mideast tensions, and there was no panic seen during the early trade. At 9:21 am, Sensex was up 265.05…
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Stock markets brace for volatility amid geopolitical tensions
Mumbai: The coming week is expected to be crucial for Indian stock markets, as global geopolitical developments, crude oil prices, the upcoming US Fed policy decision, and key domestic economic data are…
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Air India offers Rs 25 lakh interim compensation to crash victims’ families
New Delhi: Air India on Saturday announced that it will provide an interim compensation of Rs 25 lakh to the families of each person who lost their life in the tragic plane…
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SpiceJet Q4 revenue drops 16 pc, net profit jumps to Rs 325 cr
New Delhi: Low-cost Indian airline SpiceJet on Saturday announced that its revenue from operations fell 16 per cent year-on-year (YoY) to Rs 1,446.37 crore in Q4 FY25, down from Rs 1,719.3 crore…
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Rupee dives 59 paise against US dollar on spike in crude oil prices
Mumbai: The rupee plummeted 59 paise to 86.11 against the US dollar on Friday due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle…
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CRISIL predicts additional RBI rate cut as inflation eases
New Delhi: Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday. Lower…
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Mukesh Ambani pledges full Reliance support for Air India crash victims
New Delhi: Richest Asian Mukesh Ambani on Friday offered full support of his oil-to-telecom group to the relief operations for the victims of the Air India plane crash. In a statement, Ambani,…
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Plots auctioned in Hyderabad yield 142 cr to Telangana government
Hyderabad: The auction of open plots at the Kukatpally Housing Board (KPHB) Colony’s open plots in phase 7 by the state government has set new records with regard to the price per…
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Indian stock market opens nearly flat, remains in consolidation phase
Mumbai: The Nifty 50 and Sensex opened almost flat on Wednesday, as buying was seen in sectors like oil and gas and metal, while FMCG and PSU Bank were trading in the…
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SIP inflows hit all-time high in May
New Delhi: Systematic Investment Plan (SIP) inflows reached an all-time high of Rs 26,688 crore in May, from Rs 26,632 crore in April, according to data released by the Association of Mutual…
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India’s defence exports surged by 1,100 pc in last 10 years: Nirmala Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman said on Tuesday that under the leadership of Prime Minister Narendra Modi, India has transformed into an emerging defence exporter, strengthening national security and becoming a…
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Indian corporates to double capital spending over next 5 years
New Delhi: Indian corporates are projected to double their capital spending to $800 billion-$850 billion over the next five years, which will be largely financed by operating cash flows and facilitated by…
