Business
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Bull rally takes valuation of BSE-listed companies above Rs 450 lakh crore
Mumbai: With the ongoing rally in the Indian stock market, Bombay Stock Exchange (BSE) listed companies’ market cap has once again crossed Rs 450 lakh crore. Sensex and Nifty soared more than…
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Three-day RBI MPC meet begins
New Delhi: The three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting began on Wednesday, as the central bank seeks to balance fostering economic growth with managing inflation. The focus…
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India sold more two-wheelers than China in 2023 as rural consumption surges
New Delhi: Driven by the surge in rural consumption, India sold more two-wheelers than China in 2023, as entry-level manufacturers in the country expanded their reach to the rural areas of the…
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Rupee stays flat at 84.68 against US dollar in early trade
Mumbai: The rupee traded flat against the US dollar at 84.68 on Wednesday morning as foreign inflows offset the impact of a strengthening greenback. A strengthening dollar against overseas currencies and a…
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5 carmakers to recall nearly 300,000 vehicles for faulty parts
Seoul: Hyundai Motor, BMW Korea and three other carmakers will voluntarily recall nearly 300,000 vehicles due to faulty components, the transport ministry here said on Wednesday. The five companies, including Kia, Honda…
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2 Indian companies among 35 sanctioned by US for Iranian oil transport
Washington: The United States on Tuesday imposed sanctions on 35 entities and vessels, including two from India, for transporting Iranian oil to other countries. The two India-based entities are Vision Ship Management…
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IndiGo sues Mahindra Electric for using ‘6E’ in new EV SUV, automaker replies
New Delhi: After InterGlobe Aviation, which operates IndiGo airline, filed a trademark infringement lawsuit against Mahindra Electric for using ‘6E’ in its new car, the automaker said on Tuesday they do not…
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India’s domestic air passenger traffic to see 7-10 pc growth in FY25
New Delhi: India is projected to see 7-10 percent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday. In the first half this…
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PhonePe launches dengue, malaria insurance at Rs 59 per year
New Delhi: PhonePe on Tuesday announced the launch of a new and affordable insurance plan for dengue and malaria on its platform, starting at just Rs. 59 per year. The affordable health…
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Centre has released Rs 50,571 crore to states as special assistance
New Delhi: The Centre has released Rs 50,571.42 crore to states as part of its ‘special assistance for capital investment’ scheme to step up expenditure in various development projects during the first…
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Adani Group on solid financial footing despite US-related developments: Bernstein
New Delhi: The US-headquartered financial research major Bernstein has published a report on Adani Group companies, stating that the Group is currently in a much stronger position than it was during the…
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Area sown under Rabi crop crosses 428 lakh hectares mark
New Delhi: The area covered under the sowing of the Rabi crop in the ongoing season has gone up to 428.28 hectares as on December 2 up from 411.8 lakh hectares, according…
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India to seek closer ties with US under Trump 2.0, says Jaishankar
New Delhi: External Affairs Minister S. Jaishankar on Monday said that India would be exploring more “collaborative possibilities” with the US once the Donald Trump-led administration takes over. Addressing the CII Partnership…
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India passenger vehicle sales up 4 pc in Nov
New Delhi: The passenger vehicle (PV) sales in India increased about 4 per cent (year-on-year) at 3,50,000 units in the month of November, data showed on Monday. The total domestic PV wholesales…
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UPI transactions may touch 25 billion a month towards 2025 end
New Delhi: The mega success story of Unified Payments Interface (UPI) continues, and it would be no surprise if the number of UPI transactions touches 25 billion a month towards the end…
