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Category: Business

Business

‘India was much more corrupt, less able to react 20 years ago’: Google X co-founder Sebastian Thrun

Posted on June 4, 2026 By admin
‘India was much more corrupt, less able to react 20 years ago’: Google X co-founder Sebastian Thrun

Sebastian Thrun, co-founder of Google X | Photo Credit: Mario Soho Twenty years ago, India was much more corrupt and less able to react as a global marketplace and that’s changing right now, Google X Co-Founder Sebastian Thrun told The Hindu. However, he also added that India was “not anywhere near” either the U.S. or…

Read More “‘India was much more corrupt, less able to react 20 years ago’: Google X co-founder Sebastian Thrun” »

Business

Govt. rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri

Posted on June 4, 2026 By admin
Govt. rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri addresses during the launch of India’s first flex-fuel car by Maruti Suzuki, in New Delhi on Thursday, June 4, 2026. | Photo Credit: ANI The government is rolling out 50-100 ethanol fuel stations in Delhi-NCR, Pune, Mumbai and Nagpur, with an aim to reduce imports…

Read More “Govt. rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri” »

Business

Stock markets end flat ahead of RBI’s monetary policy decision

Posted on June 4, 2026 By admin
Stock markets end flat ahead of RBI’s monetary policy decision

Image used for representational purposes. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty ended almost flat in a choppy trade on Thursday (June 4, 2026), as investors preferred to stay on the sidelines amid continuing uncertainty in West Asia and relentless foreign fund outflows. Caution also prevailed in the market ahead of the…

Read More “Stock markets end flat ahead of RBI’s monetary policy decision” »

Business

Rupee falls 7 paise to close at 95.83 against U.S. dollar

Posted on June 4, 2026 By admin
Rupee falls 7 paise to close at 95.83 against U.S. dollar

Representative image. | Photo Credit: Reuters The rupee depreciated 7 paise to close at 95.83 (provisional) against the U.S. dollar on Thursday (June 4, 2026), as heightened geopolitical tensions between the U.S. and Iran drove energy volatility and aggressive safe-haven buying. Forex traders said the prolonged West Asia crisis poses a major risk for India,…

Read More “Rupee falls 7 paise to close at 95.83 against U.S. dollar” »

Business

India set for $2-billion drone order in biggest buy, industry body says: report

Posted on June 4, 2026 By admin
India set for -billion drone order in biggest buy, industry body says: report

India is likely to order more than $2 billion worth of military drones ‌from domestic firms this year in its biggest such purchase, an industry body working with ​the government told Reuters, as global and regional conflicts boost demand. The plans are ⁠in advanced stages with deliveries expected over 18 to 24 months, for a…

Read More “India set for $2-billion drone order in biggest buy, industry body says: report” »

Business

Gold rises in futures trade as investors seek safety amid global uncertainty

Posted on June 4, 2026 By admin
Gold rises in futures trade as investors seek safety amid global uncertainty

Gold bars | Photo Credit: Reuters Gold prices climbed by ₹926 to ₹1.59 lakh per 10 grams in futures trade on Thursday (June 4, 2026), driven by fresh buying by traders amid geopolitical uncertainties and a firm trend in the overseas markets. On the Multi Commodity Exchange, the yellow metal for August delivery appreciated by…

Read More “Gold rises in futures trade as investors seek safety amid global uncertainty” »

Business

Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency

Posted on June 4, 2026 By admin
Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency

The initiative comes amid a broader regulatory focus on consumer protection, transparent labelling and sustainable packaging practices. File | Photo Credit: The Hindu The Union government is preparing to introduce norms to standardise edible oil pack sizes, a move industry executives say could improve price transparency for consumers and create a more level playing field…

Read More “Centre plans to standardise edible oil pack sizes; industry expects greater consumer transparency” »

Business

Stock markets slide in early trade tracking weak global peers, foreign fund outflows

Posted on June 4, 2026 By admin
Stock markets slide in early trade tracking weak global peers, foreign fund outflows

This image is used for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty drifted lower in early deals on Thursday (June 4, 2026), tracking weak trends in global markets amid continuing uncertainty in West Asia and relentless foreign fund outflows. The 30-share BSE Sensex declined 229.69 points to 74,139.32 in early…

Read More “Stock markets slide in early trade tracking weak global peers, foreign fund outflows” »

Business

Rupee trades in narrow range against U.S. dollar in early trade

Posted on June 4, 2026 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Image for representational purposes only. | Photo Credit: Reuters The rupee traded in a narrow range against the U.S. dollar in early trade on Thursday (June 4, 2026) as rising equity outflows and dimming prospects of U.S.-Iran truce renewed pressure on the domestic unit. Forex traders said prolonged West Asia crisis poses a major risk…

Read More “Rupee trades in narrow range against U.S. dollar in early trade” »

Business

​Base and framework: On the latest Index of Industrial Production

Posted on June 3, 2026 By admin
​Base and framework: On the latest Index of Industrial Production

Earlier this week, the Ministry of Statistics and Programme Implementation released the latest Index of Industrial Production (IIP), a key barometer of India’s industrial health. The April 2026 print assumes added significance as it is the first release under the new 2022-23 base series and the second full month following the U.S.-Israeli war on Iran….

Read More “​Base and framework: On the latest Index of Industrial Production” »

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