Indian benchmark equity indices opened lower on Tuesday as elevated crude oil prices and renewed geopolitical uncertainty weighed on investor sentiment. The Sensex and Nifty came under pressure in early trading, with investors adopting a cautious approach amid concerns over developments surrounding the Strait of Hormuz and uncertainty over negotiations between the United States and...
The future of a potential stock market listing for Tata Sons remains uncertain as the Reserve Bank of India (RBI) prepares to release a revised list of Non-Banking Financial Companies classified under its Upper Layer (NBFC-UL) category. The central bank has indicated that the updated classification system will follow a more principle-based approach, raising questions...
A significant legal development has placed one of India’s leading fast-moving consumer goods (FMCG) companies under scrutiny after a court directed Dabur to stop using allegedly misleading “100%” claims on several of its products. The ruling highlights the increasing emphasis on truthful advertising practices and consumer protection, sending a strong message to companies about ensuring...
The US dollar witnessed a sharp decline against the Japanese yen on Monday after officials from both the United States and Japan confirmed their involvement in currency market interventions. The development triggered renewed attention among global investors over the stability of exchange rates and the possibility of further government actions to manage currency movements. The...
Global home furnishing brand IKEA has strengthened its presence in the national capital with the opening of its second store in Delhi at DLF Avenue, Saket. The new outlet aims to provide customers with a more interactive and personalised shopping experience, allowing them to explore, test and understand products before making purchase decisions. The store...
Indian equity markets opened sharply higher on Wednesday, July 29, as renewed buying interest pushed the benchmark indices significantly upward in early trading. The Sensex surged nearly 700 points during the opening phase, while the Nifty also advanced by more than 200 points, signalling a strong start to the trading session. The rally was supported...
Indian equity markets opened lower on Thursday as a sharp rise in international crude oil prices and renewed concerns over escalating tensions in West Asia weakened investor sentiment and increased risk aversion. The benchmark indices came under pressure in early trading, with the BSE Sensex falling 230.95 points, or around 0.30 per cent, to 76,521.02....
Indian equity markets opened the trading session on a weak note, with benchmark indices witnessing a sharp decline during early trade as investors reacted to selling pressure in heavyweight banking stocks and a fresh rise in global crude oil prices. The market mood remained cautious amid concerns that higher energy costs could increase inflationary pressures...
India’s ambitious Smart City Mission is entering a critical phase as the financial support provided under the central government’s flagship urban development programme is expected to be exhausted by September. The approaching end of funding has sparked concerns among city administrations over the long-term sustainability of smart infrastructure, technology-driven public services, and maintenance of completed...
Axis Bank has begun the new financial year on a strong note, reporting a significant increase in its first-quarter earnings. The private sector lender posted a 23% year-on-year rise in consolidated net profit, reaching ₹7,114 crore for the quarter ended June 30. The strong financial performance reflects healthy business expansion, steady credit growth, disciplined cost...