Business

New Delhi/Angul: State-owned NLC India Ltd Monday said that it has bagged a coal mine in Odisha’s Angul district. The coal produced from the mine will address the energy security of the country. The coal mine has total reserves of around 1.38 billion tonnes with...

New Delhi: India's merchandise exports in June increased 2.56 per cent to $35.2 billion from $34.32 billion in the year-ago month, according to government data released Monday. Imports rose by about 5 per cent to $56.18 billion in June against $53.51 billion a year ago....

Mumbai: Rupee depreciated 11 paise and settled for the day at an all-time low of 83.62 (provisional) against the US dollar Monday, weighed down by the overall strength of the American currency in the overseas market. Forex traders said a positive trend in domestic equities,...

Mumbai: Benchmark Sensex and Nifty closed at new record high levels Monday helped by fresh foreign fund inflows and buying in State Bank of India. The 30-share BSE Sensex climbed 145.52 points or 0.18 per cent to settle at a new record high of 80,664.86....

Mumbai: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15). Interest rates on loans linked to MCLR are also likely to go up following the...

New Delhi: Food delivery platforms Zomato and Swiggy have once again hiked platform fee to Rs 6 per order from an earlier Rs 5, a 20 per cent increase. Currently being charged in Delhi and Bengaluru, the platform fee is different from delivery fee, goods...

New Delhi: Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent on account of rise in prices of food articles, especially vegetables and manufactured items. The wholesale price index (WPI) based inflation was 2.61 per cent in...

New Delhi: As the results season kicks in, the quarterly earnings numbers of several blue-chip firms -- such as Infosys and Reliance Industries -- along with global trends and trading activity of foreign investors, will determine equity market movement in the holiday-shortened week ahead, according...

New Delhi: The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions. Last week, the domestic startup ecosystem raised nearly $176 million in funding across 16 deals. This week, four startups raised...

New Delhi: Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month, driven by the government's commitment to ongoing reforms, low US Federal rates, and strong domestic demand. The upcoming Union Budget will be one of the most watched...