Category: Business

Business

Stock markets fall for second day on weak global trends, fresh foreign fund outflows

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Stock markets fall for second day on weak global trends, fresh foreign fund outflows

Reversing its early gains, the 30-share BSE Sensex declined 297.07 points or 0.36% to settle at 82,029.98. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty ended lower on Tuesday (October 14, 2025) amid weak trends in Asian and European markets and fresh foreign fund outflows. Reversing its early gains, the 30-share BSE…

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Business

WPI inflation eases to 0.13% in September

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WPI inflation eases to 0.13% in September

Image used for representation purpose only. | Photo Credit: Getty Image/iStockphoto Wholesale price index (WPI) inflation softened to 0.13% in September on easing in prices of food articles, fuel and manufactured items, government data showed on Tuesday (October 14, 2025). WPI-based inflation was 0.52% in August and 1.91% in September last year. “Positive rate of…

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Rupee falls 9 paise to 88.77 against U.S. dollar in early trade

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Rupee falls 9 paise to 88.77 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 9 paise to 88.77 against the U.S. dollar in early trade on Tuesday (October 14, 2025) weighed down by the broad strength of the American currency in the overseas market. Forex traders said the optimism surrounding the India-U.S. trade talks was…

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Markets bounce back in early trade on buying in IT counters, optimism over India-U.S. trade talks

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Markets bounce back in early trade on buying in IT counters, optimism over India-U.S. trade talks

Representative image | Photo Credit: Special Arrangement Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (October 14, 2025), driven by buying in IT stocks, optimism over India-U.S. trade talks, and a sharp rally in the U.S. markets. Meanwhile, retail inflation slowed to an over 8-year low of 1.54% in September and…

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Business

OpenAI announces Broadcom deal as spending spree continues

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OpenAI announces Broadcom deal as spending spree continues

The partnership is the latest in a series of recent announcements by OpenAI [File] | Photo Credit: REUTERS OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its own specialised computer processors for artificial intelligence. The partnership is the latest in a series of recent…

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ONGC eyes 15% cost reduction to address lower oil price regime

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ONGC eyes 15% cost reduction to address lower oil price regime

The company expects scaling up at the base would help augur more than ₹1,000 crore in savings. File. | Photo Credit: Reuters Oil and Natural Gas Company (ONGC) is seeking to reduce 15% costs organisation-wide via varied optimisation measures, Director for Production Pankaj Kumar told reporters in New Delhi. Mr. Kumar enumerated primary areas of focus…

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Hike in PF pension under consideration of Cabinet: Minister

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Hike in PF pension under consideration of Cabinet: Minister

Union Minister Mansukh Mandaviya, in a release, said the meeting took a number of path-breaking decisions, including simplification and liberalisation of the EPF partial withdrawal provisions. File | Photo Credit: PTI Union Labour Minister Mansukh Mandaviya told a meeting of the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) in New…

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