Business

Mumbai: Benchmark BSE Sensex closed lower by 53 points in a volatile trade Tuesday, snapping its four-day winning run due to profit-taking in banking and energy shares. The 30-share Sensex declined by 53.49 points or 0.06 per cent to settle at 82,391.72 with 14 of...

Islamabad: Pakistan will unveil Tuesday its annual federal budget for the next fiscal which is likely to see a substantial hike in defence expenditure. The total budget size is expected to be Rs 17.6 trillion. Finance Minister Muhammad Aurangzeb will present the budget document as...

New Delhi: The government Monday said it has approved the proposals from Micron Semiconductor Technology India and Hubballi Durable Goods Cluster (Aequs Group) for setting up SEZs for manufacturing of semiconductors and electronic components. Micron will establish its SEZ facility in Sanand, Gujarat, over an...

Mumbai: Benchmark equity indices Sensex and Nifty closed higher for the fourth day in a row Monday following a rally in global markets and upbeat investors' sentiment after the RBI's jumbo 50 basis points rate cut. The 30-share BSE Sensex climbed 256.22 points or 0.31...

New Delhi: Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted. "Going forward, market...

New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's...

New Delhi: Maharashtra and Karnataka accounted for 51 per cent of the foreign direct investment (FDI) inflows into the country during the last financial year 2024-25, according to the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra attracted maximum...

New Delhi: Nine of the top-10 most valued firms together added Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank stealing the show with maximum gain, in line with an optimistic trend in equities. Last week, the BSE benchmark Sensex...

New Delhi: After investing a staggering amount in May, foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of this month, triggered by renewed US-China trade tensions and rising US bond yields. This...

New Delhi: In a significant feat under Prime Minister Narendra Modi's visionary government, India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022–23 from 27.1 per cent in 2011–12, latest World Bank...