Business

Mumbai: Stock market benchmark indices ended higher Monday, with the Sensex climbing 544.39 points and Nifty surging 1.60 per cent, Monday following a sharp decline in crude oil prices amid easing geopolitical tensions. Foreign fund inflows also added to markets' optimism. Extending the winning momentum...

Mumbai: The three-day meeting of the Reserve Bank of India's rate-setting panel started Monday amid expectations of a status quo on the benchmark repo rate, with the Monetary Policy Committee slated to announce its decision August 5. As global uncertainties and inflation risks persist, most...

New Delhi: Commerce and Industry Minister Piyush Goyal Monday invited businesses from India and Uzbekistan to co-invest, co-manufacture and co-innovate, while calling for concerted efforts to double bilateral trade between the two countries over the next three years. Addressing the India-Uzbekistan Business Forum here along...

New Delhi: India's manufacturing sector activity growth fell to a five-year low in July, due to slower rise in new business orders amid increasingly challenging market conditions, a monthly survey said Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index, fell from 54.2 in...

New Delhi: Willie Walsh took charge Monday as the CEO of the country's largest airline, IndiGo. A pilot and an aviation industry leader who just completed his tenure as the Director General of the global airlines' grouping IATA, Walsh's appointment as the CEO was announced...

New Delhi: India approved just one Chinese FDI proposal worth Rs 1 crore, while clearing 13 applications from Hong Kong worth Rs 610.42 crore in the last financial year, according to official data. These approvals are important as investments from countries sharing a land border...

New Delhi: The West Asia conflict and a surge in AI server demand have caused a shortage of printed circuit boards, a key hardware platform, which in turn has triggered a price rise in the electronics industry. This crunch in printed circuit boards (PCB) --...

New Delhi: The domestic stock market is entering a significant trading week, with the RBI's interest rate decision, West Asia situation involving the US-Iran conflict, and crude oil prices emerging as the major driving factors for investors' sentiment, analysts said. Besides, quarterly earnings and trading...

New Delhi: The combined market valuation of nine of the top-10 most-valued firms jumped Rs 2.51 lakh crore last week, with Bajaj Finance emerging as the biggest winner, in tandem with a positive trend in equities. Last week, the BSE benchmark Sensex climbed 2,034.87 points,...

New Delhi: After four straight months of selling, foreign investors turned net buyers of Indian equities in July, pumping in Rs 20,200 crore, aided by attractive valuations, improving corporate earnings and easing global headwinds. The latest inflow marks a sharp reversal from the preceding months,...