Business

Mumbai: Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. The 30-share BSE barometer declined 239.31 points or 0.29 per cent to settle...

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, Wednesday approved the continuation of the interest subvention component under the modified interest subvention scheme (MISS) for loans to farmers during the financial year 2025-26, and approved the required fund arrangements, according to an...

New Delhi: With a team of US officials expecting to visit India next month for trade talks, there is a possibility that the two countries may agree on an interim trade pact by June 25, sources said. "Talks are moving. Things are on track," they...

New Delhi: India's FDI inflows increased to $81.04 billion in FY 2024-25, marking a 14 per cent increase from $71.28 billion in FY 2023–24, according to a statement issued by the Ministry of Commerce and Industry on Tuesday. There has been a steady rise in...

New Delhi: Income Tax department Tuesday extended the due date for filing ITRs for Assessment Year (AY) 2025-26 to September 15 from July 31. The extension applies to individuals, HUFs and entities who do not need to get their accounts audited. They can now file...

Mumbai: Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent Tuesday, snapping the two-day rally after profit-taking in banking, IT and auto shares. The 30-share BSE Sensex dropped 624.82 points or 0.76 per cent to settle at 81,551.63, in a volatile session. During...

Frankfurt: Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting programme as the automotive industry faces challenges from trade tensions and resulting economic uncertainty. The company said Monday that around 1,200 of the job reductions would come among workers in Sweden, with...

Mumbai: Benchmark indices Sensex and Nifty surged Monday due to a host of positive triggers like India emerging as the fourth largest economy in the world and US President Donald Trump delayed 50 per cent EU tariffs to July 9. The 30-share BSE benchmark gauge...

New Delhi: The US, despite reporting a USD 44.4 billion trade deficit with India, runs a USD 35-40 billion overall surplus when revenues from education, digital services, financial activities, royalties, and arms trade are factored in, economic think tank GTRI said Monday. It said for...

New Delhi: Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties....