Category: Business

Business

Sensex, Nifty decline in early deals amid persistent foreign fund outflows

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Sensex, Nifty decline in early deals amid persistent foreign fund outflows

On December 29, 2025, the Sensex declined by 345.91 points or 0.41% to settle at 84,695.54. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday (December 30, 2025) as persistent foreign fund outflows and a muted trend in global equities dented investors’ sentiment. The 30-share BSE…

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Business

Rupee rises 3 paise to 89.95 against U.S. dollar in early trade

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Rupee rises 3 paise to 89.95 against U.S. dollar in early trade

Image used for representation | Photo Credit: Getty Images/iStockphotos The rupee rose 3 paise to 89.95 against U.S. dollar in early trade on Tuesday (December 20, 2025), buoyed by a weaker greenback and strong IIP numbers. However, FII outflows, marginally higher crude oil prices, and a weaker opening in the domestic equity markets capped sharp…

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Business

Gujarat tops in okra production

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Gujarat tops in okra production

Representational file image. | Photo Credit: H. Vibhu Gujarat has emerged as the country’s leading producer of okra, with the Saurashtra–Kutch region increasingly positioning itself as a major growth engine for horticulture ahead of the Vibrant Gujarat Regional Conference (VGRC) 2026 to be held in Rajkot, officials said on Monday (December 29, 2025).  According to…

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Business

Arvind Fashions to acquire 31.25% stake of Flipkart in Arvind Youth Brands for ₹135 crore

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Arvind Fashions to acquire 31.25% stake of Flipkart in Arvind Youth Brands for ₹135 crore

Arvind Fashions Ltd on Monday said it will acquire Flipkart group’s 31.25% stake in Arvind Youth Brands Pvt Ltd for ₹135 crore. Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name ‘Flying Machine’. It had a turnover of ₹432.16 crore…

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Business

WOG Technologies files draft papers with SEBI; eyes ₹375 crore via fresh issue

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WOG Technologies files draft papers with SEBI; eyes ₹375 crore via fresh issue

WOG Technologies has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO) comprising a fresh issue of shares worth ₹375 crore. Apart from the fresh issue, there will be an offer-for-sale (OFS) component of 43.28 lakh equity shares by promoters and existing shareholders, according to the…

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Business

India said to claim $30 billion from RIL, BP on gas output

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India said to claim billion from RIL, BP on gas output

India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas. It says the companies failed to produce from offshore fields, as per three people with knowledge of the matter. A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater…

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Business

Australia to remove tariffs on 100% of Indian exports from January 1, says Piyush Goyal

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Australia to remove tariffs on 100% of Indian exports from January 1, says Piyush Goyal

Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: PTI Australia will provide duty-free access to all Indian exports from January 1, 2026 under the Economic Cooperation and Trade Agreement (ECTA) between the two countries, Commerce Minister Piyush Goyal said on Monday (December 29, 2025). The Minister was commenting on the third…

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Business

IIP growth jumps to 25-month high of 6.7% in November 2025, driven by manufacturing recovery

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IIP growth jumps to 25-month high of 6.7% in November 2025, driven by manufacturing recovery

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Growth in the Index of Industrial Production surged to a 25-month high of 6.7% in November 2025, driven by a broad-based improvement led by the manufacturing and capital goods sectors, data released by the government on Monday (December 29, 2025) shows. The data released by…

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Business

Sensex sheds 346 points, declines for fourth day on foreign fund outflows, thin year-end trading

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Sensex sheds 346 points, declines for fourth day on foreign fund outflows, thin year-end trading

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark stock indices Sensex and Nifty closed lower on Monday (December 29, 2025) due to selling in oil & gas and IT shares, foreign fund outflows and thin year-end trading. Extending the downtrend to the fourth day running, the 30-share BSE Sensex declined by…

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Business

Rupee falls 8 paise to close at 89.98 against U.S. dollar

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Rupee falls 8 paise to close at 89.98 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated eight paise to close at 89.98 (provisional) against the U.S. dollar on Monday (December 29), weighed down by foreign fund outflows and a negative trend in domestic equities. Forex traders said persistent capital withdrawals from foreign investors, alongside heightened dollar demand…

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