business and finance

Rupee falls 1 paisa to all-time low of 84.38 against U.S. dollar in early trade

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows




business and finance

Markets decline in early trade amid unabated foreign fund outflows, muted earnings

Sensex and Nifty fall due to foreign fund outflows, disappointing earnings, and weak Asian markets, impacting investor sentiment




business and finance

CCI probe: Zomato, Swiggy say committed to complying with competition law

Zomato and Swiggy termed news reports on the Competition Commission of India's (CCI) investigation "misleading", maintaining that the CCI is yet to pass its final order on the matter of unfair business practices, including alleged preferential treatment to some restaurant partners




business and finance

EAM Jaishankar emphasises trade in national currencies ahead of intergovernmental meeting with Russia

The bilateral trade between India and Russia will touch $100 billion by 2030, says External Affairs Minister S. Jaishankar




business and finance

Vistara to make last flight today before Air India merger

Vistara, a joint venture between Tata Group and Singapore Airlines, will fully merge with Air India, also owned by Tata Group




business and finance

As its industry struggles, Germany services sector offers untapped growth potential




business and finance

Investors see safety in India as Trump win casts shadow on emerging markets




business and finance

What you need to know about China's $1.4 trillion debt package




business and finance

ADB increases climate finance after U.S., Japan give world's first sovereign guarantees




business and finance

Rupee falls 2 paise to hit new all-time low of 84.39 against U.S. dollar

The rupee hits new lifetime low of 84.39 against USD, weighed down by foreign fund outflows and equities




business and finance

Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings

The stock indices close flat amid Foreign Institutional Investors selling, weak earnings, and volatile trade; Asian markets trend lower




business and finance

Bank of India Q2 net profit rises 63% to ₹2,374 cr.




business and finance

Stanchart opens second International Banking Centre in Chennai




business and finance

Hindalco Q2 net profit surges 78% to ₹3,909 crore




business and finance

RPL stock case: SC dismisses SEBI's appeal against SAT order giving relief to Mukesh Ambani




business and finance

ONGC net profit rose 17% in Q2 to ₹11,984 crore as revenue fell 3% to ₹33,881 crore




business and finance

India’s retail equity investment cult rises to a new high amid record FPI outflows




business and finance

TVS Supply Chain Solutions posts consolidated Q2 net profit of ₹11 crore




business and finance

NMDC gets Board nod for 2:1 bonus issue, posts 23% yoy increase in Q2 net to ₹1,269 cr




business and finance

Karur Vysya Bank hopes to continue growth momentum in H2




business and finance

Ramco Cements Q2 standalone net skids to ₹26 cr. on weak demand




business and finance

Black Box Q2 PAT rises 60% to ₹51 crore




business and finance

Norton Motorcycles announces top level changes




business and finance

Carl Zeiss AG sets up maiden GCC in India; to scale up people front to 5,000 by 2027




business and finance

India can have global food brands: Yuvraj Singh

Starts his next venture Twiddles, a guilt-free indulgence healthy food brand targeted at the youth and athletes




business and finance

ITI Limited emerges as lowest bidder BharatNet Phase-3 Project worth ₹4559 cr.




business and finance

Flender India mulls multi-crore investment in Walajabad plant




business and finance

Inteva Products unveils ₹27 cr. expansion plan in Pune




business and finance

RBI announces rules to reclassify FPI investment as FDI once it crosses 10% holding in Indian firms

Investment made by foreign portfolio investor along with its investor group (hereinafter referred to as ‘FPI’) shall be less than 10% of the total paid-up equity capital on a fully diluted basis




business and finance

Rupee falls 2 paise to all-time low of 84.40 against U.S. dollar in early trade

Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank of India likely limiting any significant downside




business and finance

Carl Zeiss to help 1,00,000 persons with nearsightedness in rural Karnataka

The German company inaugurated its maiden Global Capability Centre (GCC) in India in Bengaluru




business and finance

Sensex, Nifty rally in early trade on sustained buying by DIIs

The BSE benchmark Sensex climbed 324.83 points to 79,820.98 in early trade. The NSE Nifty went up by 100.7 points to 24,242




business and finance

Nirmala Sitharaman to meet State FMs for pre-Budget, GST Council meet on Dec 21-22

The meeting assumes significance as State Finance Ministers will present their recommendations for the 2025-26 Budget to be unveiled on February 1, 2025




business and finance

Round 2 in the Trump-vs-Mexico matchup looks ominous for Mexico

Mexico is facing a second Donald Trump presidency, and few countries can match its experience as a target of Trump’s rhetoric: There have been threats to close the border, impose tariffs and even send U.S. forces to fight Mexican drug cartels if the country doesn’t do more to stem the flow of migrants and drugs




business and finance

Bitcoin has topped $87,000 for a new record high. What to know about crypto’s post-election rally

As money continues to pour into crypto following Donald Trump’s election victory, bitcoin has climbed to yet another record high




business and finance

Asian markets drop as Trump worries kick in after China disappoints




business and finance

In South America, Trump already losing a trade battle with China




business and finance

Sensex falls over 1% on selling pressure led by banking, auto stocks

Nifty plunges to 4.5 months low




business and finance

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

A SBI research report on November 11, 2024 said that the rupee may depreciate 8-10% against the US dollar during the Trump 2.0 regime.




business and finance

Market investors become poorer by ₹5.29 lakh crore amid massive correction in stocks

The BSE benchmark gauge tumbled 820.97 points or 1.03% to settle at 78,675.18




business and finance

What does winter melt hold this time round?




business and finance

Twin-monsoon failures of 2012 have left plantation sector numb




business and finance

Wet summer thus far in North, Northwest India




business and finance

Will it be a normal monsoon this time?




business and finance

Weather-proofing of Budget

“While, like last year, I seek the blessings of Lord Indra to bestow on us timely and bountiful monsoons, I would pray to Goddess Lakshmi as well. I think it is a good strategy to diversify one's risks.” – Pranab Mukherjee in Budget speech 2012-13.




business and finance

All's well in equatorial Pacific?

US and Australian lead forecasters believe they are able to see beyond the 'spring barrier' to conclude that the equatorial Pacific will stay 'neutral'during the Northern Hemisphere summer 2013.




business and finance

Late-winter snowstorm in Northwest Europe

The Arctic cold wave has made a late-winter dip towards far south of the normal to trigger the latest snowstorm across Northwest Europe, which is on a roll even as one is about to post this blog . This is akin to early-February freaky weather brought about by southward-dipping western disturbances (which are eastward-perturbations of the cold waves striking Northwest and South Europe)over Central and adjoining Peninsular India.




business and finance

Ebbs and flows in 'atmospheric rivers' and their impact

So when they swing up, these waves suck warm air from the tropics to Europe, Russia, or the US, and when they swing down, they do the same thing with cold air from the Arctic.




business and finance

Monsoon ball has been set rolling!

Expectations of a normal southwest monsoon for India are gaining ground




business and finance

Storm building in the Bay of Bengal?

Most forecasting agencies indicate the possibility of a storm building in the Southwest Bay of Bengal, just ahead of the onset of Southwest monsoon in these parts. What it holds for onset dynamics over mainland India has crucial signifcance for onward progress of seasonal rains.