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  • Stock markets stage sharp recovery as Trump delays tariffs on neighbours; Sensex jumps 1,397 points
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Category: Business

Business

Over 17,600 companies shuttered, 1.38 lakh companies registered this fiscal: Government data

Posted on February 4, 2025 By admin
Over 17,600 companies shuttered, 1.38 lakh companies registered this fiscal: Government data

Representative image | Photo Credit: Reuters As many as 17,654 companies have been closed down till January 26 in the current financial year and a total of 1,38,027 firms were registered during the same period, according to official data. The data was shared by Minister of State for Corporate Affairs Harsh Malhotra to the Rajya…

Read More “Over 17,600 companies shuttered, 1.38 lakh companies registered this fiscal: Government data” »

Business

Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar

Posted on February 4, 2025 By admin
Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar

According to exchange data, FIIs offloaded equities worth ₹3,958.37 crore in the capital markets on a net basis on Monday, February 3, 2025. Photo: V.V.Krishnan The rupee recovered 3 paise from its all-time low level to close at 87.08 (provisional) against U.S. dollar on Tuesday (February 4, 2025), as the American currency index retreated from…

Read More “Rupee recovers 3 paise from all-time low to close at 87.08 against U.S. dollar” »

Business

Stock markets stage sharp recovery as Trump delays tariffs on neighbours; Sensex jumps 1,397 points

Posted on February 4, 2025 By admin
Stock markets stage sharp recovery as Trump delays tariffs on neighbours; Sensex jumps 1,397 points

Photo used for representation purpose only. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty rebounded nearly 2% on Tuesday (February 4, 2025) in line with a recovery in Asian peers after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81%…

Read More “Stock markets stage sharp recovery as Trump delays tariffs on neighbours; Sensex jumps 1,397 points” »

Business

Hindenburg’s Nate Anderson says stands by Adani report, closure not due to any threat

Posted on February 4, 2025 By admin
Hindenburg’s Nate Anderson says stands by Adani report, closure not due to any threat

Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat — legal or otherwise — and that he stands by all its reports. Mr. Anderson told PTI that Hindenburg’s January 2023 report accusing Adani Group of “the…

Read More “Hindenburg’s Nate Anderson says stands by Adani report, closure not due to any threat” »

Business

BMC presents over ₹74,000 crore budget for 2025-26

Posted on February 4, 2025 By admin
BMC presents over ₹74,000 crore budget for 2025-26

BMC Commissioner Bhushan Gagrani at the presentation of the Budget 2025-26, in Mumbai, Tuesday, Feb. 4, 2025 | Photo Credit: PTI The Brihanmumbai Municipal Corporation (BMC), considered the richest civic body in the country, on Tuesday (February 4, 2025) presented its budget of ₹74,427 crore for the year 2025-26. The civic body is under an…

Read More “BMC presents over ₹74,000 crore budget for 2025-26” »

Business

Markets bounce back in tandem with rally in Asian peers

Posted on February 4, 2025 By admin
Markets bounce back in tandem with rally in Asian peers

Image used for representative purpose only | Photo Credit: PTI Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday (February 4, 2025) in line with a recovery in Asian peers after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month. Imposition of tariffs on Canada, Mexico…

Read More “Markets bounce back in tandem with rally in Asian peers” »

Business

Rupee recovers 13 paise from its all-time low against dollar

Posted on February 4, 2025 By admin
Rupee recovers 13 paise from its all-time low against dollar

Representational image. | Photo Credit: Getty Images The rupee recovered 13 paise from its all-time low closing level to 86.98 against the US dollar in early trade on Tuesday (Feburary 4, 2025), after President Donald Trump agreed to pause tariffs on Mexico and Canada for 30 days. Forex traders said the US dollar index, which…

Read More “Rupee recovers 13 paise from its all-time low against dollar” »

Business

Railway Budget 2025: Funds to railway in West Bengal has been increased three times since Mamata was Minister says Vaishnaw

Posted on February 4, 2025 By admin
Railway Budget 2025: Funds to railway in West Bengal has been increased three times since Mamata was Minister says Vaishnaw

File picture of Union Minister Ashwini Vaishnaw. | Photo Credit: The Hindu Union Railway Minister Ashwini Vaishnaw on Monday (February 3, 2025) said funds to railway projects in West Bengal have been increased three times since Mamata Banerjee was in charge of the Ministry of Railways. “The allocation which was in Mamata Didi’s (Banerjee) time…

Read More “Railway Budget 2025: Funds to railway in West Bengal has been increased three times since Mamata was Minister says Vaishnaw” »

Business

Delhi’s gender budget: its decline and impact

Posted on February 4, 2025 By admin
Delhi’s gender budget: its decline and impact

Students celebrating their success after the announcement of the CBSE class 10th exam results, on May 12, 2023. | Photo Credit: SHIV KUMAR PUSHPAKAR There are 71 lakh women voters in Delhi, which is nearly half of the total electorate. Further, women have a high turnout rate as well. So, it is no surprise that…

Read More “Delhi’s gender budget: its decline and impact” »

Business

How will the govt. produce the required fuel ethanol? | Explained

Posted on February 4, 2025 By admin
How will the govt. produce the required fuel ethanol? | Explained

A worker removing weeds from a maize field near Kanchikacherla in NTR district in 2024. | Photo Credit: RAO G.N. The story so far: Union Minister Nitin Gadkari said that India will achieve its target of 20% ethanol blending of petrol in the next two months, at least a year ahead of what was originally…

Read More “How will the govt. produce the required fuel ethanol? | Explained” »

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