Business

Mumbai: Reserve Bank of India's net short position of USD 239 billion in the forward market is likely to limit the rupee's appreciation despite a recovery in foreign portfolio investor (FPI) inflows, according to a report. The Reserve Bank of India's (RBI) forward book stood...

Mumbai: Market benchmark indices Sensex and Nifty ended higher Monday amid a correction in crude oil prices and buying in blue-chip bank and financial stocks. The 30-share BSE Sensex climbed 107.25 points, or 0.13 per cent, to settle at 81,106.65. During the day, it climbed...

Bangkok: China denied Monday that there was a spy plot to ensnare Nvidia CEO Jensen Huang, calling the spying allegations unsubstantiated and a smear campaign against Beijing. Huang has acknowledged to the Nvidia board that he had been intimate with a business executive who US...

New York: World shares and US futures advanced Monday after artificial intelligence stocks recovered some ground lost in last week's sell-offs. In early European trading, Germany's DAX climbed 0.6 per cent to 25,974.42, and the CAC 40 in Paris was up 0.4 per cent, at...

Thiruvananthapuram: Keralam Minister Anoop Jacob Monday said that random inspections were being carried out at petrol outlets in four districts following allegations in Karnataka that fuel was being sold with ethanol content above the prescribed limit. Jacob told the media that besides the findings in...

New Delhi: Revised Maximum Retail Prices (MRPs) of 1,364 anti-cancer formulations have come into effect from Monday, a move projected to save consumers an estimated Rs 3,540.38 crore annually, according to an official release. The National Pharmaceutical Pricing Authority (NPPA), functioning under the Department of...

San Francisco: Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday. The announcement came after Huang acknowledged to the board that he had been intimate with a business...

Mumbai: Benchmark indices Sensex and Nifty ended marginally lower in the special Diwali Muhurat trading session Sunday amid profit-taking by investors after a seven-day rally. After starting the special trading session to mark the beginning of Hindu calendar Samvat 2083 on a bullish note, the...

Mumbai: Benchmark indices Sensex and Nifty started the special Muhurat trading session on a bullish note on Sunday, supported by buying in blue-chips such as Sun Pharma, Tata Steel and ICICI Bank. Continuing the prevailing bullish trend in the equity market, the 30-share BSE Sensex...

New Delhi: Food Safety and Standards Authority of India has seized 3,280 tonnes of 'banned and non-compliant' food products worth Rs 82 crore during its nationwide inspection drive, which began September 1 to check adulteration during the festive season. Acting against food safety violations, the...