Category: Business

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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Business

Silver Price Today: Futures jump 6% to record ₹2.54 lakh/kg; cross $80/ounce in global markets

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Silver Price Today: Futures jump 6% to record ₹2.54 lakh/kg; cross /ounce in global markets

Image used for representative purpose only. | Photo Credit: Reuters Silver prices extended their record-breaking rally for a sixth straight session on Monday (December 29, 2025), surging 6% to touch a lifetime high of ₹2,54,174 per kilogram in futures trade amid strong investor demand and bullish global trends. On the Multi Commodity Exchange (MCX), silver…

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Business

Stock markets gather momentum after muted beginning

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Stock markets gather momentum after muted beginning

Representative image | Photo Credit: Getty Images/iStockphotos Stock market benchmark indices Sensex and Nifty eked out marginal gains in early trade on Monday (December 29, 2025) but later picked up momentum, tracking a firm trend in Asian peers and sustained buying by domestic institutional investors. The 30-share BSE Sensex went up by 22.24 points to…

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Business

Rupee falls 5 paise to 89.95 against U.S. dollar in early trade

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Rupee falls 5 paise to 89.95 against U.S. dollar in early trade

Representative image. | Photo Credit: Getty Images/iStockphotos The rupee fell 5 paise to 89.95 against the U.S. dollar in early trade on Monday (December 29, 2025) amid foreign fund outflows and a muted opening in the domestic equity markets. Forex traders said foreign portfolio investors continue to offload Indian equities, which has been weighing on…

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