Business

Mumbai: Equity benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following an impressive rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire. Rallying for the fifth day in a...

Mumbai: The Reserve Bank Wednesday projected retail inflation for the current financial year at 4.6 per cent, well within the government-mandated inflation target range of 4 per cent with a tolerance band of +/- 2 per cent. Before the outbreak of the West Asia conflict,...

Mumbai: The Reserve Bank Wednesday projected India's GDP growth for the current financial year at 6.9 per cent, lower than 7.6 per cent estimated for 2025-26, driven by concerns over elevated commodity prices and supply chain disruptions originating from the West Asia crisis. Unveiling the...

Mumbai: The Reserve Bank Wednesday expectedly kept interest rates unchanged amid hopes of a global recovery on the back of the ceasefire in the six-week-long US/Israel-Iran conflict. The policy decision comes as a month and a-half-long West Asia conflict has disrupted energy supplies, shot up...

Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points...

New Delhi: Global crude oil prices Wednesday plunged sharply up to 20 per cent, after US President Donald Trump announced a two-week ceasefire with Iran that includes a pledge to restore navigation through the Strait of Hormuz -- the narrow waterway at the heart of...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Tuesday urged mining leaseholders and industries to increase mineral production to meet the growing demand for iron ore amidst the state's rapid industrialisation. Presiding over a high-level meeting with mining leaseholders and industrialists, Majhi assured that the government...

Mumbai: Stock market benchmark indices Sensex and Nifty ended higher Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped...

New Delhi: India and New Zealand are expected to sign a Free Trade Agreement (FTA) April 24 here, which will provide tariff-free access to domestic exporters for their goods in the island nation's market, and will bring in USD 20 billion of investment over the...

New Delhi: Air India Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The...