Business

Mumbai: Benchmark equity indices Sensex and Nifty crashed 1.6 per cent Monday due to an across-the-board selloff, as concerns over third-quarter earnings growth and the continued flight of foreign capital sapped risk appetite. Besides, traders said that the new HMP virus scare, depreciating rupee and...

New Delhi: Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar Thursday, analysts said. Macroeconomic data announcements and the rupee-dollar trend would also dictate market trends, experts noted. "The Q3...

New Delhi: Foreign investors pulled out Rs 4,285 crore from Indian equities in the first three trading days of the month driven by apprehensions ahead of the third-quarter earnings season and high valuations of domestic stocks. This came following an investment of Rs 15,446 crore...

Meerut: Couples looking for a cosy weekend getaway at OYO hotels in Meerut may want to rethink their plans, or at least carry a 'relationship certificate' alongside their luggage. In a move that’s causing raised eyebrows, the travel and hotel booking giant has rolled out...

New Delhi: The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India suffered erosion from...

New Delhi: Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in. Under the revised policy, all couples will be asked to present...

New Delhi: Rural poverty has declined significantly to 4.86 per cent in the fiscal ending March 2024 from 25.7 per cent in 2011-12 mainly driven by government support programmes, said a SBI research released Friday. Urban poverty too is estimated at 4.09 per cent, down...

Washington: President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based US Steel — affirming his vow in March to block the acquisition. “We need major US companies representing the major share of US steelmaking capacity...

Mumbai: India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said Friday. In the previous reporting week, the overall kitty had dropped by USD 8.478 billion to USD 644.391 billion. The reserves have...

New Delhi: Commerce and Industry Minister Piyush Goyal on Friday said the electric vehicle (EV) companies present in the meeting have unanimously agreed that they would no longer need subsidies once the existing subsidy regime ends. Stakeholders from the EV sector held deliberations with the...