Indian equity markets staged a strong recovery in early trade on Thursday, September 3, after declining for three consecutive sessions. Buying in major banking and financial stocks, along with improved global market sentiment and easing US bond yields, helped lift the benchmark indices. The 30-share BSE Sensex gained 334.16 points, or 0.44%, to reach 76,904.51...
India’s energy trade with the United States underwent a significant shift during the first quarter of financial year 2026-27, with imports of petroleum products, led largely by liquefied petroleum gas (LPG), registering a sharp increase even as purchases of American crude oil declined substantially. Government trade data showed that India’s imports of petroleum products from...
Uttar Pradesh has asserted that it has sufficient sugar stocks to help meet India’s consumption requirements for nearly two months, even as a sharp increase in sugar prices has triggered concerns about supply availability across the country. The state, India’s largest producer of sugarcane and the country’s second-largest sugar producer after Maharashtra, maintains that there...
Asian stock markets traded mixed on Tuesday as investors assessed the latest escalation in US economic pressure on Iran, while oil prices remained relatively stable after a sharp decline in the previous session. Market participants were also looking ahead to several potentially significant economic and corporate developments in the United States later this week. The...
TikTok and its parent company, ByteDance, have agreed to pay $400 million to settle a major US legal case concerning alleged violations of federal laws designed to protect children’s privacy online. The settlement, announced by the US Department of Justice, brings an end to litigation filed in 2024 that accused TikTok of failing to adequately...
Bank branches across India are closed on Saturday, August 22, 2026, as the date falls on the fourth Saturday of the month. Banks in India observe holidays on the second and fourth Saturdays every month, making August 22 a scheduled branch holiday. The closure means customers will not be able to access regular in-person services...
Indian benchmark equity indices ended lower on Monday, August 17, as persistent concerns over elevated crude oil prices and geopolitical tensions continued to weigh on investor sentiment. The decline extended the Nifty 50’s losing run to five consecutive sessions, while the Sensex also closed in negative territory after a volatile trading session. The BSE Sensex...
India’s Chief Economic Adviser V. Anantha Nageswaran has suggested that the government consider restoring a lower ethanol-blended petrol option, such as E10, alongside E20, as concerns continue to grow among vehicle owners over the nationwide shift to higher ethanol blending. Nageswaran made the recommendation in an opinion article co-authored with Akash Poojari, a consultant in...
The Securities Appellate Tribunal (SAT) has granted interim relief to Zee Entertainment Enterprises Ltd (ZEEL), allowing the company and its managing director and chief executive officer, Punit Goenka, to proceed with a proposed preferential issue of fully convertible warrants worth around ₹3,100 crore. The decision provides a crucial window for the company to complete a...
India’s proposed rules for implementing the SHANTI nuclear energy framework seek to establish strict conditions for the use of foreign reactor technology, requiring overseas designs to meet regulatory approval requirements and demonstrate operational experience before they can be deployed in the country. The draft framework is part of the government’s wider effort to expand nuclear...