Category: Business

Business

Centre suspends over 4000 fertiliser distributor licences on hoarding charges

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Centre suspends over 4000 fertiliser distributor licences on hoarding charges

The Department said its officials conducted 3,17,054 inspections and raids across the country to monitor the distribution network. Representational image. | Photo Credit: Getty Images/iStockphoto The Union Department of Fertilisers has cancelled or suspended 4,298 licences and the registration of fertiliser distributers for black marketing, hoarding, and diversion of stocks. The Ministry had earlier issued…

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Business

India, Nepal ink pact to step up trade ties

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India, Nepal ink pact to step up trade ties

Commerce and Industry Minister Piyush Goyal and Nepal’s Minister for Industry, Commerce and Supplies Anil Kumar Sinha met in New Delhi on Thursday, November 13, 2025. Photo credit: X/PiyushGoyal India and Nepal have amended the Treaty of Transit between the two countries to facilitate the movement of rail-based freight between Jogbani in India and Biratnagar…

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Business

Stock markets end with marginal gains amid volatile trade, foreign fund outflows

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Stock markets end with marginal gains amid volatile trade, foreign fund outflows

Stock markets’ three-day rally fizzled out, with benchmark indices Sensex and Nifty ending on a flat note amid a choppy trade on Thursday (November 13, 2025) as lacklusture sentiment across global equity markets fueled the outflow of foreign capital. After oscillating between gains and losses during the day, the 30-share BSE barometer Sensex ended with…

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Business

Rupee falls 6 paise to close at 88.68 against U.S. dollar

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Rupee falls 6 paise to close at 88.68 against U.S. dollar

At the interbank foreign exchange, the rupee opened at 88.66 against the U.S. dollar and touched an intra-day high of 88.63 and a low of 88.73 during the day. Representational file image. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day lower by 6 paise at 88.68 (provisional)…

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Business

Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

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Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

A CBDC, or central bank digital currency, is a digital form of central bank money [File] | Photo Credit: REUTERS Singapore’s central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem,…

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Business

PhysicsWallah IPO got fully subscribed on final day of bidding

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PhysicsWallah IPO got fully subscribed on final day of bidding

PhysicsWallah promoters Prateek Boob and Alakh Pandey. File | Photo Credit: Special arrangement The initial public offering of edtech unicorn PhysicsWallah got fully subscribed on the last day of the initial share sale on Thursday (November 13, 2025). The ₹3,480-crore initial share sale received bids for 20,84,88,107 shares, as against 18,62,04,143 shares on offer, translating…

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Business

Crude oil futures ease amid weak spot demand

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Crude oil futures ease amid weak spot demand

On the Multi Commodity Exchange, crude oil for December delivery fell ₹10, or 0.19%, to ₹5,213 per barrel in 10,100 lots. Image used for representative purpose only. | Photo Credit: Reuters Crude oil futures on Thursday (November 13, 2025) declined by ₹10 to ₹5,213 per barrel as participants trimmed their positions amid weak demand in…

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Business

Government revokes Quality Control Order on polyester fibre and yarn

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Government revokes Quality Control Order on polyester fibre and yarn

Central government has revoked the Quality Control Order (QCO) on polyester fibre and yarn, bringing relief to the textile industry. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Central government has revoked the Quality Control Order (QCO) on polyester fibre and yarn, bringing relief to the textile industry. In an order…

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Business

Stock markets stay flat amid highly volatile session

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Stock markets stay flat amid highly volatile session

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty started the trade on a weaker note on Thursday (November 13, 2025) but later quoted flat in a highly volatile trade amid mixed global cues. The 30-share BSE Sensex declined 138.36 points, or 0.16%, to 84,328.15 in the…

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Business

AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

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AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

Manikiran Chowhan said AI has vaulted up the priority list for Indian service leaders — from 7th position to 2nd position in just one year, and Indian service leaders’ top priorities remained the same over the years: better customer experience, security and accuracy. | Photo Credit: Reuters Salesforce, a Californian AI CRM firm, on Wednesday (November…

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