Business

New Delhi: Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first...

New Delhi: Six of the top-10 most valued firms together added Rs 86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. Last week, the BSE benchmark climbed...

Mumbai: The rupee fell the steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected central bank intervention helped recover some of its losses and settled 23 paise lower at a record low of 85.50 (provisional) against the US...

Mumbai: The country's forex reserves dropped by a further $8.478 billion to $644.391 billion for the week ended December 20, the RBI said Friday. In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.869 billion. The reserves...

Mumbai: India's current account deficit (CAD) moderated marginally to $11.2 billion or 1.2 per cent of GDP year-on-year in the July-September quarter of 2024-25, according to Reserve Bank data released Friday. The CAD, an indicator of the country's external payment scenario, was $11.3 billion or...

New Delhi: Osamu Suzuki, the man who took a risk and bet on India when no one else believed in having a viable automobile company in the country, has died at the age of 94, according to information shared by Japan's Suzuki Motor Corporation Friday....

Mumbai: The rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected central bank intervention helped recover some of its losses and settled 23 paise lower at a record low of 85.50 (provisional) against the US dollar...

Mumbai: Benchmark indices Sensex and Nifty ended higher Friday amid buying in bank and auto stocks. The 30-share BSE Sensex climbed 226.59 points or 0.29 per cent to settle at 78,699.07. During the day, it jumped 570.67 points or 0.72 per cent to 79,043.15. The...

New Delhi: Billionaire Gautam Adani, Tata Sons Chairman N Chandrasekaran and business tycoon Anil Ambani led India Inc. in paying tributes to former Prime Minister Manmohan Singh, calling him the architect of economic reforms and one of the tallest leaders. Singh, who opened up the...

New Delhi: Former prime minister Manmohan Singh was the architect of economic reforms, shaping modern India, opened its doors to the world with intellect, grace, and integrity, industry leaders Gautam Adani and Harsh Goenka said Thursday. Mourning the death of Singh, who passed away this...