Business

Mumbai: Indian rupee weakened further and closed at a record low of 96.35 (provisional) against the US dollar Monday, pressured by rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar. Forex traders said the global market sentiments continue to...

Bhubaneswar: Volatility has shot up in the financial markets due to the ongoing West Asia conflict, but the Indian bourses have the capacity to "absorb different types of shocks", SEBI Chairman Tuhin Kanta Pandey said Monday. When there is a crisis in one part of...

Kandla: A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla in Gujarat after crossing the Strait of Hormuz amid the West Asia crisis, officials said Sunday. The Marshall Islands-flagged MV SYMI started its journey from Qatar...

New Delhi: India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean, people familiar with the matter said...

New Delhi: The US-Iran conflict, FII flows and crude oil prices will be the major drivers for Dalal Street this week, with inflation adding to investor anxiety, say analysts. Besides, the rupee's movement, which crashed below the 96 mark against the US dollar last week,...

New Delhi: Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 27,048 crore so far this month, indicating cautiousness among global investors amid an evolving global macroeconomic and geopolitical environment. With this, total outflows by Foreign Portfolio Investors (FPIs) from the equity...

New Delhi: The combined market valuation of nine of the top 10 valued firms eroded by Rs 3.12 lakh crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex plunged by 2,090.2 points, or 2.7 per cent, while the...

The Hague: Driven by shifting global geopolitics, India and the Netherlands elevated their ties to a strategic partnership and inked 17 agreements to boost cooperation in defence, critical minerals and other key sectors during talks between Prime Minister Narendra Modi and his Dutch counterpart Rob...

New Delhi: Global oil prices surged sharply this week, with benchmark crude contracts ending Friday’s session more than 3 per cent higher, after renewed tensions between the United States and Iran dampened hopes of a near-term breakthrough over the Strait of Hormuz -- one of...

New Delhi: The government has revised export taxes on petroleum products, imposing a special additional excise duty (SAED) of Rs 3 per litre on petrol exports while reducing the duty on diesel to Rs 16.5 per litre, effective from Saturday. The notification by the Ministry...