Stay Connected. Stay Informed.
Business
NEW DELHI India’s reforms process needs to move from solely concentrating on ease of doing business to also addressing the speed of doing business, new president of the Confederation of Indian Industry R. Mukundan told The Hindu in an interview. Further, at a time when government officials such as the Chief Economic Adviser have pulled…
Image used for representational purposes only. | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty faced heavy selling pressure on Tuesday (June 23, 2026), dropping over 1%, tracking a bearish trend in global markets along with weakness in HDFC Bank and IT firms. Fresh foreign fund outflows also led to the weak trading…
Read More “Stock markets go into tailspin; Sensex, Nifty drop over 1%” »
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee declined 11 paise to close at 94.74 (provisional) against the U.S. dollar on Tuesday (June 23, 2026), weighed down by a firm greenback and weak domestic markets. However, a decline in global crude oil prices cushioned against a sharper decline in the…
Read More “Rupee falls 11 paise to settle at 94.74 against U.S. dollar” »
Commerce and Industry Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer on Tuesday (June 23, 2026) began bilateral talks in New Delhi on issues related to the first phase of the bilateral trade agreement. Mr. Greer is in New Delhi on an official visit for the trade pact talks. “Warm welcome to @USTradeRep Amb…
Read More “Piyush Goyal, U.S. Trade Representative Jamieson Greer begin talks on trade pact” »
Cred founder Kunal Shah’s appointment as WhatsApp’s global head is, at first brush, an unexpected appointment. But while Mr. Shah has built his career as a founder in two large fintech ventures — the previous being the mobile wallet firm FreeCharge — he has also been a large investor focused on building up ventures. For…
India’s imports of liquefied petroleum gas (LPG) from the U.S. are set to top 1 million metric tons in June, a record high, industry sources said, as New Delhi turned to costlier suppliers to offset disruption from West Asia. File | Photo Credit: PTI India’s imports of liquefied petroleum gas (LPG) from the U.S. are…
Read More “India’s LPG imports from U.S. set to cross 1 million tons in June, sources say” »
Last week, the benchmark indices rallied in four trading sessions out of five. (Representational image) | Photo Credit: Getty Images/iStockphoto Stock market benchmark indices Sensex and Nifty were trading flat in a subdued trading on Tuesday (June 22, 2026), as investors stayed on the sidelines after the recent rally. Weak trends in Asian markets and…
Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee fell 6 paise to 94.69 against the U.S. dollar in early trade on Tuesday (June 23, 2026) as the greenback strengthened further to hover around its 13-month high. FII outflows and a weaker start to the morning trade at the domestic equity…
Read More “Rupee falls 6 paise to 94.69 against U.S. dollar in early trade” »
In the times when RBI increased rates, weighted average deposit rates increased 259 basis points, more than the repo rate increase of 250 points in the period. File. | Photo Credit: PTI Transmission of the 50 basis points (bps) rate cut between March and April 2026 , was uneven across sectors, according to Reserve Bank…
Read More “Rate cuts transmission moderated in May 2026: RBI” »
State-owned miner NMDC as part of its plans to launch branded iron ore has selected Rail Vikas Nigam (RVNL) to establish a nearly ₹3,000 crore blending yard in Visakhapatnam. A letter of award of contract, from NMDC, for setting up a buffer stockpiles and blending yard with a capacity to handle 10 million tonnes per…
Read More “RVNL to shape NMDC’s branded iron ore plans with ₹3,000 crore blending yard” »