Category: Business

Business

Stock markets slip more than 1% as U.S. rejects Iran’s response to peace deal

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Stock markets slip more than 1% as U.S. rejects Iran’s response to peace deal

A view of the Bombay Stock Exchange. FIle | Photo Credit: Getty Images Investors got back to selling of Indian stocks aggressively after a few weeks of calm as U.S. President Donald Trump rejected Iran’s response to the peace proposals and Prime Minister Narendra Modi “advised” citizens to cut buying forex depleting goods and services….

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Rupee crashes 139 paise to 94.90 against U.S. dollar

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Rupee crashes 139 paise to 94.90 against U.S. dollar

Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The rupee crashed 139 paise to 94.90 against the greenback in early trade on Monday (May 11, 2026) after President Donald Trump rejected Iran’s response to the U.S.’s peace proposal, following which crude oil prices surged rapidly. A strengthening U.S. dollar and steep FPI…

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Prevalence of fake currency still a reality post-demonetisation

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Prevalence of fake currency still a reality post-demonetisation

Concept of black money showing Pile of Indian currency on table in dark room istock photo for BL | Photo Credit: lakshmiprasad S On November 8, 2016, Prime Minister Narendra Modi announced the demonetisation of ₹1,000 and ₹500 notes with immediate effect, stating that the move would serve as a major assault on black money,…

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After govt. pulls up private firms on investment, CII says capex grew 67% in September 2025

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After govt. pulls up private firms on investment, CII says capex grew 67% in September 2025

India’s private sector capital expenditure grew 67% to ₹7.7 lakh crore in September 2025 in comparison to September 2024, according to data sourced by the industry body Confederation of Indian Industry (CII). This comes at a time when officials in the Finance Ministry have publicly lamented that the private sector is not investing enough. The…

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Business

Global jitters keep FPIs on edge, ₹14,231 crore pulled out in May

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Global jitters keep FPIs on edge, ₹14,231 crore pulled out in May

With this, the total outflow of Foreign Portfolio Investors (FPIs) from the equity market has crossed ₹2 lakh crore in 2026, which is higher than the ₹1.66 lakh crore pulled out during the entire 2025, according to data with the NSDL. | Photo Credit: Reuters Foreign investors continued to pare their exposure to Indian equities,…

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FMCG companies bracing for another round of price increases amid inflation

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FMCG companies bracing for another round of price increases amid inflation

Daily essential products such as soaps, detergents, biscuits, packaged foods, and beverages are expected to get costlier as leading FMCG companies are preparing for calibrated price hikes on account of rising crude-linked inflation, higher packaging costs, and fuel expenses from geopolitical disruptions which are squeezing margins. The executives of FMCG (fast-moving consumer goods) makers, which…

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Business

Air India has terminated over 1,000 staff in last 3 years for ethical breaches: CEO

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Air India has terminated over 1,000 staff in last 3 years for ethical breaches: CEO

Campbell Wilson. | Photo Credit: PTI Air India has terminated more than 1,000 staff in the last three years for ethical breaches, including those for misusing the employee leisure travel system, according to the airline’s chief Campbell Wilson. Flagging that hundreds of employees are terminated every year due to non-compliance, Mr. Wilson has also emphasised…

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₹1,600-1,700 crore a day, ₹1 lakh crore in 10 weeks: Cost of insulating India from global energy shock

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₹1,600-1,700 crore a day, ₹1 lakh crore in 10 weeks: Cost of insulating India from global energy shock

Image used for representational purposes. File | Photo Credit: K.V.S. Giri About ₹1,600-1,700 crore per day, over ₹1 lakh crore in 10 weeks. That’s the cost that state-owned oil firms incur for insulating Indian consumers from the global energy shock but ever-widening losses are now raising questions on how long they can continue bearing the…

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Business

Government working on FTA utilisation plan to maximise benefits for businesses

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Government working on FTA utilisation plan to maximise benefits for businesses

Union Minister Piyush Goyal. File | Photo Credit: ANI With India signing a series of free trade agreements with developed countries, the government is working on an FTA utilisation plan to help maximise benefits from these pacts, an official said. Since 2021, India has finalised free trade agreements (FTAs) with Mauritius, Australia, the UAE, Oman,…

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