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Category: Business

Business

Rupee rises 19 paise to close at 89.96 against U.S. dollar

Posted on December 4, 2025 By admin
Rupee rises 19 paise to close at 89.96 against U.S. dollar

The Rupee rebounded from its all-time low levels and appreciated by 19 paise to close at 89.96 against the U.S. dollar on Thursday (December 4, 2025), on weakness in the U.S. dollar index and on reports of the Reserve Bank of India’s supposed intervention. Forex traders said the greenback fell after Automatic Data Processing (ADP)…

Read More “Rupee rises 19 paise to close at 89.96 against U.S. dollar” »

Business

Stock markets bounce back after four days of decline; Sensex climbs 158 points

Posted on December 4, 2025 By admin
Stock markets bounce back after four days of decline; Sensex climbs 158 points

The 30-share Sensex edged higher by 158.51 points while Nifty climbed 47.75 points. File | Photo Credit: PTI Snapping the four-day losing run, benchmark stock indices Sensex and Nifty rebounded on Thursday (December 4, 2025) on buying in tech and IT shares. The 30-share Bombay Stock Exchange (BSE) index Sensex edged higher by 158.51 points…

Read More “Stock markets bounce back after four days of decline; Sensex climbs 158 points” »

Business

Health, National Security Cess not on essential commodities, revenues to be shared with States: FM

Posted on December 4, 2025 By admin
Health, National Security Cess not on essential commodities, revenues to be shared with States: FM

Union Finance Minister Nirmala Sitharaman in Lok Sabha during the winter session of Parliament, in New Delhi on Wednesday. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Thursday (December 4, 2025) said the proposed Health and National Security Cess will not be levied on essential commodities, and the proceeds will be shared with…

Read More “Health, National Security Cess not on essential commodities, revenues to be shared with States: FM” »

Business

India cuts Russian oil imports by 38% in October 2025, sharpest fall so far

Posted on December 4, 2025 By admin
India cuts Russian oil imports by 38% in October 2025, sharpest fall so far

Representational image only. File | Photo Credit: Reuters India cuts its oil imports from Russia by 38% in value terms and 31% in volume terms in October 2025 as compared to last year, with the cuts driven by a high base effect as well as an overall reduction in India’s oil imports.  The latest official…

Read More “India cuts Russian oil imports by 38% in October 2025, sharpest fall so far” »

Business

Suzlon to start three new AI-enabled smart blade factories

Posted on December 4, 2025 By admin
Suzlon to start three new AI-enabled smart blade factories

Representational image of a Suzlon wind mill near Jasdan, Gujarat | Photo Credit: AP Suzlon Energy, India’s largest wind turbine manufacturer, announced on Wednesday (December 4, 2025) that it will set up three new AI-enabled smart blade factories, two of which will come up in Gujarat and Karnataka, with the third location to be finalised…

Read More “Suzlon to start three new AI-enabled smart blade factories” »

Business

Odisha Government terminates empanelment of IT firm ‘involved’ in recruitment scam

Posted on December 4, 2025 By admin
Odisha Government terminates empanelment of IT firm ‘involved’ in recruitment scam

Logo of Silicon Tech Lab Pvt Ltd as seen in its LinkedIn profile. Photo: LinkedIn/Silicon Techlab Pvt. Ltd. The Odisha Government terminated the empanelment of an IT firm, which was allegedly involved in the sub-inspector recruitment scam, according to a notification. The Tier-1 empanelment of Bhubaneswar-based Silicon Tech Lab Pvt Ltd was terminated by the…

Read More “Odisha Government terminates empanelment of IT firm ‘involved’ in recruitment scam” »

Business

Mumbai’s Worli houses 40% of India’s entire ultra-luxury apartment market: Report

Posted on December 4, 2025 By admin
Mumbai’s Worli houses 40% of India’s entire ultra-luxury apartment market: Report

Representational image only. File Worli in central Mumbai, once a nondescript industrial zone, has transformed into ultimate destination of ultra-luxury homes commanding 40% share of all apartment transactions worth ₹40 crore each across India in the last two years totalling more than ₹5,500 crore.  “Worli in the Mumbai Metropolitan Region has officially crossed the threshold…

Read More “Mumbai’s Worli houses 40% of India’s entire ultra-luxury apartment market: Report” »

Business

Lean manpower, hiring freeze caused current disruption for IndiGo: Pilots’ body

Posted on December 4, 2025 By admin
Lean manpower, hiring freeze caused current disruption for IndiGo: Pilots’ body

The Pilots’ body Federation of Indian Pilots (FIP) has alleged that IndiGo, despite getting a two-year preparatory window before the full implementation of new flight duty and rest period norms for cockpit crew, “inexplicably” adopted a “hiring freeze.” The FIP said it has urged the safety regulator, Directorate General of Civil Aviation (DGCA), not to…

Read More “Lean manpower, hiring freeze caused current disruption for IndiGo: Pilots’ body” »

Business

Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade

Posted on December 4, 2025 By admin
Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade

The Indian Rupee logo is seen inside the Reserve Bank of India (RBI) headquarters in Mumbai | Photo Credit: Reuters The rupee slumped 28 paise to an all-time low of 90.43 against the U.S. dollar in early trade on Thursday (December 4, 2025), amid substantial Foreign Institutional Investor (FII) outflows and restrained intervention from the…

Read More “Rupee slumps 28 paise to 90.43 against U.S. dollar in early trade” »

Business

Stock markets bounce back after falling in early deals

Posted on December 4, 2025 By admin
Stock markets bounce back after falling in early deals

Representational image of Bombay Stock Exchange in Mumbai. File.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty slipped in early trade on Thursday (December 4, 2025), but later bounced back to trade in positive territory, amid value buying at lower levels. The 30-share Bombay Stock Exchange (BSE) Sensex declined 156.83 points to 84,949.98…

Read More “Stock markets bounce back after falling in early deals” »

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