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  • Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows
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Category: Business

Business

Powergrid observes vigilance week – The Hindu

Posted on November 4, 2025 By admin
Powergrid observes vigilance week – The Hindu

State-owned energy transmission firm, Power Grid, observed vigilance awareness week across its 300 establishments across the country, from October 27 to November 2. The event began with Ravindra Kumar, CMD, administering the integrity pledge to the staff. As part of the awareness week, the PSU organised a variety of outreach programmes including walkathon, cyclathon, puppet…

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Business

SEBI stresses on cyber security besides compliance

Posted on November 4, 2025 By admin
SEBI stresses on cyber security besides compliance

SEBI Chairperson Tuhin Kanta Pandey. | Photo Credit: Emmanual Yogini Securities and Exchange Board of India (SEBI) stresses the importance of securing cyber security besides focussing on compliance, according to its chairperson Tuhin Kanta Pandey. Citing the introduction of framework to facilitate safer participation of retail investors in algorithmic trading, Mr. Pandey, while speaking at…

Read More “SEBI stresses on cyber security besides compliance” »

Business

SBI Q2 net profit jumps 10%

Posted on November 4, 2025 By admin
SBI Q2 net profit jumps 10%

The headquarters of State Bank of India, in Mumbai. | Photo Credit: Reuters The country’s biggest lender, State Bank of India (SBI), on Tuesday (November 4, 2025) reported a 10% improvement in standalone profit to ₹20,160 crore in the quarter ended September 30, 2025. The bank had earned a profit of ₹18,331 crore in the…

Read More “SBI Q2 net profit jumps 10%” »

Business

G20 Report: India’s top 1% grew its wealth by 62% since 2000

Posted on November 4, 2025 By admin
G20 Report: India’s top 1% grew its wealth by 62% since 2000

Image for representation only | Photo Credit: Getty Images/iStockphoto India’s richest 1% expanded its wealth by 62% between 2000 to 2023, according to a report commissioned by the South African Presidency of the G20. The study, led by Nobel laureate Joseph Stiglitz, warns that global inequality has reached “emergency” levels, threatening democracy, economic stability, and…

Read More “G20 Report: India’s top 1% grew its wealth by 62% since 2000” »

Business

Samsung SDI says discussing supplying Tesla with ESS batteries

Posted on November 4, 2025 By admin
Samsung SDI says discussing supplying Tesla with ESS batteries

Tesla did not have an immediate comment [File] | Photo Credit: REUTERS South Korea’s Samsung SDI is discussing supplying ESS (Energy Storage System) batteries to Tesla in an order reported to be worth around 3 trillion won ($2.11 billion) or more. The deal, if signed, would mark the latest push by Tesla to reduce reliance…

Read More “Samsung SDI says discussing supplying Tesla with ESS batteries” »

Business

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Posted on November 4, 2025 By admin
Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

A view of the BSE, Mumbai. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty were trading lower in early trade on Tuesday (November 4, 2025) amid persistent foreign fund outflows and weak trend in Asian markets. The 30-share BSE Sensex dropped 55 points to 83,923.48 in early trade. The 50-share NSE Nifty…

Read More “Stock markets decline in initial trade on foreign fund outflows, weak Asian peers” »

Business

Rupee jumps 21 paise to 88.56 against U.S. dollar in early trade

Posted on November 4, 2025 By admin
Rupee jumps 21 paise to 88.56 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: The Hindu The rupee rebounded from record low level and gained 21 paise to 88.56 against the U.S. dollar in early trade on Tuesday (November 4, 2025) on the back of lower crude oil prices overseas. The Indian currency, however, remained under pressure due to a…

Read More “Rupee jumps 21 paise to 88.56 against U.S. dollar in early trade” »

Business

AI adoption accelerates, tech layoffs continue globally

Posted on November 4, 2025 By admin
AI adoption accelerates, tech layoffs continue globally

Last week, online retail giant Amazon announced that it would reduce its global corporate workforce by about 14,000 people. Amazon CEO Andy Jassy had already flagged the possibility of job cuts in June, saying the increased use of Artificial Intelligence (AI) tools and agents would lead to more corporate job cuts. A week before Amazon’s…

Read More “AI adoption accelerates, tech layoffs continue globally” »

Business

India’s bioeconomy sector to reach $300 billion by 2030: NITI Aayog report

Posted on November 3, 2025 By admin
India’s bioeconomy sector to reach 0 billion by 2030: NITI Aayog report

“The real impact of frontier technologies will come from how well we customise solutions – whether for a smallholder or a commercial cultivator; a farmer growing staples or a horticulturist,” NITI Aayog CEO B.V.R Subrahmanyam | Photo Credit: The Hindu India’s rapidly advancing bioeconomy sector, encompassing agriculture, forestry, fisheries, and aquaculture, is projected to reach…

Read More “India’s bioeconomy sector to reach $300 billion by 2030: NITI Aayog report” »

Business

India, New Zealand begin fourth round of FTA talks, focus on goods, services and rules of origin

Posted on November 3, 2025 By admin
India, New Zealand begin fourth round of FTA talks, focus on goods, services and rules of origin

Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: ANI India and New Zealand began the fourth round of negotiations towards a free trade agreement, with the Indian team visiting Auckland until November 7, the Ministry of Commerce and Industry announced on Monday (November 3, 2025). “Negotiations in this round are focusing…

Read More “India, New Zealand begin fourth round of FTA talks, focus on goods, services and rules of origin” »

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