Business
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E-commerce platform Flipkart’s losses widen to Rs 5,189 cr in FY25
Mumbai: Walmart-owned e-commerce major Flipkart India Private Limited has reported a wider consolidated loss of Rs 5,189 crore loss in the financial year ending March 2025 (FY25). According to data shared by…
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Apple sees strong demand for ‘Made in India’ iPhone 17
New Delhi: The demand for Apple’s new iPhone 17 series is rising fast in India, with industry sources saying pre-orders have been stronger than last year. The surge comes at a time…
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US Fed interest rate decision key driver for stock markets: Analysts
New Delhi: Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said.…
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Telangana’s SCCL to diversify into thermal, solar, green energy: Vikramarka
Hyderabad: Telangana Deputy Chief Minister Mallu Bhatti Vikramarka on Friday said state-run miner Singareni Collieries would diversify into other sectors, including thermal and solar power and green energy, instead of limiting itself…
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SC allows release of Rs.5,000 cr to Sahara investors; extends deadline
New Delhi: The Supreme Court on Friday ordered the disbursal of Rs 5,000 crore of over Rs 24,000 crore deposited by Sahara Group with market regulator Securities and Exchange Board of India…
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India, EU maximising efforts to finalise FTA negotiations by year end
New Delhi: India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing…
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‘Causes a rift’, Trump on imposing tariffs on India for purchasing Russian oil
New York: US President Donald Trump said imposing tariffs on India for buying Russian oil is not an easy thing to do, and it “causes a rift with India.” “Look, India was…
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Rupee recovers 9 paise from all-time low level to close at 88.26 against US dollar
Mumbai: The Indian rupee recovered from all-time lows and settled for the day higher by 9 paise at 88.26 against the US dollar on Friday, on weakness in the US dollar index…
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Infosys shares climb over 2 pc on largest-ever share buyback programme
New Delhi: The stock of Infosys climbed over 2 per cent on Friday morning trade after the IT services giant said its board has approved the largest-ever share buyback programme worth Rs…
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Inflation likely rose last month as Trump’s tariffs boost goods prices
Washington: US inflation likely ticked higher last month as the Trump administration’s import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets…
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Digital gaming company Games24X7 to lay off 70 pc employees
New Delhi: Digital gaming company Games24X7 has started the process to lay off around 70 per cent or around 500 employees, following the government’s ban on all forms of money-based online games,…
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Sebi cancels registration of 18 investment advisers for fee non-payment
New Delhi: Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations. “…of the intermediaries regulations, 2008, hereby…
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Aim to make India’s auto industry no. 1 globally in 5 years: Gadkari
New Delhi: The government’s aim is to make India’s automobile industry number one in the world within five years, Union Minister Nitin Gadkari said on Wednesday. The future of Indian automobile industry…
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SC to quickly consider if Trump has power to impose sweeping tariffs
Washington: The Supreme Court on Tuesday granted an unusually quick hearing on whether President Donald Trump has the power to impose sweeping tariffs under federal law. The justices will hear arguments in…