Category: Business

Business

Silver futures hit new peak of ₹2.32 lakh/kg as global prices cross $75-mark

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Silver futures hit new peak of ₹2.32 lakh/kg as global prices cross -mark

Image used for representative purpose only. | Photo Credit: Reuters Extending its blistering rally for the fifth straight session, silver prices on Friday (December 26, 2025) surged ₹8,951 to hit a fresh record high of ₹2,32,741 per kilogram in futures trade as the white metal breached the $75-per ounce-mark in the global market. On the…

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Business

Stock markets trade lower in early deals

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Stock markets trade lower in early deals

From the 30-Sensex firms, Bajaj Finance, Sun Pharma, Eternal, Tata Steel, Tata Consultancy Services, and Bharti Airtel were among the biggest laggards. Representational file image. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Friday (December 26, 2025) amid foreign fund outflows as sentiment remained fragile amid low trading…

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Business

Rupee falls 23 paise to 89.94 against U.S. dollar in early trade

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Rupee falls 23 paise to 89.94 against U.S. dollar in early trade

This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 23 paise to 89.94 against the U.S. dollar in early trade on Friday (December 26, 2025), weighed down by foreign fund outflows and recovery in crude oil prices. Forex traders said a negative trend in domestic equities, dollar demand…

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Business

Why manufacturing has lagged in India

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Why manufacturing has lagged in India

For representative purposes. | Photo Credit: Getty Images A reason why India has lagged behind certain non-Western economies — such as China and South Korea — despite starting from roughly equivalent positions early in the 20th century is the relative underperformance of its manufacturing sector. While China and South Korea have seen significant increases in…

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Business

Stock markets end lower in volatile trade

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Stock markets end lower in volatile trade

Image used for representational purpose only. File | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty ended lower in a volatile trade on Wednesday (December 24, 2025) as trading volumes remained subdued amid the year-end holiday-shortened week and mixed trends in global markets. The 30-share BSE Sensex dropped by 116.14 points, or 0.14%,…

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Rupee falls 16 paise to close at 89.79 against U.S. dollar

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Rupee falls 16 paise to close at 89.79 against U.S. dollar

Image used for representational purpose only. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day lower by 16 paise at 89.79 (provisional) against the U.S. dollar on Wednesday (December 24, 2025), fuelled by persistent capital withdrawals from foreign investors, alongside heightened greenback demand from bullion importers. Forex traders said…

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Bharti, Warburg Pincus pick up 49% stake in Haier India

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Bharti, Warburg Pincus pick up 49% stake in Haier India

Bharti Enterprises and Warburg Pincus on Wednesday (December 24, 2025) announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group — picking up a collective 49% stake in the company. The size of the deal was not disclosed. According to a release, the strategic collaboration will accelerate Haier’s growth…

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Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance

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Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance

The Bombay High Court on Wednesday (December 24, 2025) granted interim relief to Anil D. Ambani, restraining Bank of Baroda, IDBI Bank and Indian Overseas Bank from acting on show-cause notices and fraud classification orders issued against him on the basis of a forensic audit report prepared by BDO LLP (Binder Dijker Otte Limited Liability Partnership). Justice Milind N. Jadhav…

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