Business

New Delhi: Foreign investors have pulled out over Rs 23,710 crore from the Indian equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions. Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial...

New Delhi: The combined market valuation of eight of the top-10 most valued firms eroded Rs 1,65,784.9 crore last week, with Tata Consultancy Services (TCS) taking the biggest hit, in line with bearish trends in equities. Last week, the BSE benchmark declined 628.15 points, or...

Kottayam: Finance Minister Nirmala Sitharaman has highlighted the rapid pace of innovation in India and the country's leadership position in the adoption of artificial intelligence (AI). In her address at the convocation ceremony of IIIT Kottayam, she pointed out Microsoft CEO Satya Nadella's comment that...

New Delhi: Facing netizens' outrage over its newspaper advertisement, travel tech unicorn OYO on Friday clarified that the ad was meant to promote religious tourism in India and not hurt any religious sentiments. Several users took to social media platform X to raise objections to...

New Delhi: Stronger policy frameworks and robust macro fundamentals remain the key to resilience and fostering overall macroeconomic stability, according to RBI Governor Sanjay Malhotra. In the Monetary Policy Committee (MPC) meeting held earlier this month, the minutes of which were released by the central...

Mumbai: Snapping the three-week rising streak, India's forex reserves dropped by USD 2.54 billion to USD 635.721 billion in the week ended February 14, the RBI said Friday. In the previous reporting week, the reserves had increased by USD 7.654 billion to USD 638.261 billion....

Mumbai: Falling for the fourth straight day, benchmark Sensex declined by nearly 425 points Friday due to selling in auto, pharma and banking shares and relentless foreign fund outflows. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56 per cent to settle at 75,311.06....

Bhubaneswar: Odisha government has decided to set up electric vehicle (EV) charging stations at 100 places in the first phase, the Assembly was informed Thursday. Commerce and Transport Minister Bibhuti Bhusan Jena said 21 charging stations would be established in Bhubaneswar, 38 in various regional...

New Delhi: India is unlikely to experience any major short-term consequences due to the US tariff on semiconductors, as it is not a major exporter of chips to Washington, the industry body said Thursday. Moreover, India's import duty on semiconductors is already zero, meaning there...

Mumbai: High-frequency indicators point towards a sequential pick-up in momentum of India's economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin. In a challenging and increasingly uncertain global environment, the Indian economy...