Business

New Delhi: The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers. Last week, the BSE benchmark climbed...

New Delhi: Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate...

New Delhi: As the Centre is set to present the Union Budget 2024-2025 July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism. The market anticipates a continuation of last year's incentives,...

New Delhi: The Indian startup ecosystem saw more than $200 million in funding this week in 25 deals -- a significant surge from nearly $116.26 million last week. Seed funding by homegrown startups grew by 17 per cent this week to $9.78 million from last...

Mumbai: Private sector lender Yes Bank Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000...

New Delhi: Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament July 22, a day ahead of the Union Budget, which will be a report card on the economy and also the growth outlook ahead. The survey gives a detailed account of the...

New Delhi: Prime Minister Narendra Modi received a congratulatory call from his New Zealand counterpart Christopher Luxon on his re-election as the two leaders agreed to advance their bilateral ties in sectors such as trade and economic cooperation, animal husbandry, pharmaceuticals, education and space among...

Mumbai: HDFC Bank's consolidated net profit grew 33.17 per cent to Rs 16,474.85 crore in the June 2024 quarter. The bank had posted a post-tax net profit of Rs 12,370 crore on a consolidated basis in the year-ago period, it said in a regulatory filing....

Mumbai: Airline systems across airports, which were impacted due to a global IT outage Friday, have started working normally, and all issues are likely to be resolved by noon Saturday, Civil Aviation Minister K Rammohan Naidu said. The ministry is constantly monitoring the operations at...

New Delhi: Centre Friday issued an advisory on Microsoft global outage owing to CrowdStrike agent 'Falcon Sensor' update. The IT ministry is in touch with Microsoft regarding global outage, Union Minister Ashwini Vaishnaw said Friday, adding that NIC network is not affected. In a post...