Category: Business

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Government clears seven projects under electronics component scheme

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Government clears seven projects under electronics component scheme

Minister for Railways, Information & Broadcasting Ashwini Vaishnaw, addressing a press conference in New Delhi on October 27, 2025. | Photo Credit: ANI The government has approved seven projects out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday (October 27, 2025). The Minister…

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Indian Oil’s Q2 profit rise more than 40-times YoY fuelled with better refining margins, lower base

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Indian Oil’s Q2 profit rise more than 40-times YoY fuelled with better refining margins, lower base

On October 27, scrips of Indian Oil closed 3.19% up at ₹155.15 apiece on the BSE, and 3.23% up at ₹155.23 apiece on the NSE. File | Photo Credit: Reuters State-owned refiner Indian Oil’s net profit rose more than forty-times (or 4,128%) on a year-over-year (YoY) basis, to ₹7,610.45 crore in the September-end quarter fuelled…

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Sensex jumps 567 points amid global stocks rally on hopes of U.S.-China trade deal, Fed rate cuts

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Sensex jumps 567 points amid global stocks rally on hopes of U.S.-China trade deal, Fed rate cuts

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers File | Photo Credit: PTI Benchmark BSE Sensex jumped by nearly 567 points and broader Nifty closed above 25,900 on Monday (October 27, 2025) following a sharp rally in global markets, as softer-than-expected U.S….

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Rupee slumps 43 paise to close at 88.26 against U.S. dollar

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Rupee slumps 43 paise to close at 88.26 against U.S. dollar

Image used for representative purpose only. | Photo Credit: Reuters The rupee plunged 43 paise to close at 88.26 (provisional) against the U.S. dollar on Monday (October 27, 2025), as broad strength in crude oil prices and month-end dollar demand from importers weighed on investor sentiment. Forex traders said the rally in crude oil prices…

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Supreme Court allows Centre to examine Vodafone Idea’s plea against DoT’s AGR demands

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Supreme Court allows Centre to examine Vodafone Idea’s plea against DoT’s AGR demands

The dispute over AGR, particularly its inclusion of non-telecom income, led to massive liabilities on telecom operators, with Vodafone Idea being among the hardest hit. | Photo Credit: Reuters The Supreme Court on Monday (October 27, 2025) permitted the Centre to consider telecom major Vodafone Idea Ltd’s plea seeking quashing of the Department of Telecommunication’s…

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Business

Rupee falls 12 paise to 87.95 against U.S. dollar in early trade

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Rupee falls 12 paise to 87.95 against U.S. dollar in early trade

Representative image | Photo Credit: Reuters The rupee depreciated 12 paise to 87.95 against the U.S. dollar in early trade on Monday (October 27, 2025), weighed down by rising crude oil prices supported by optimism over a potential U.S.-China deal. Forex traders said the rally in crude oil prices was driven by the potential U.S.-China…

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Stock markets trade higher mirroring sharp rally in global peers on hopes of U.S. Fed rate cuts

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Stock markets trade higher mirroring sharp rally in global peers on hopes of U.S. Fed rate cuts

Representative image | Photo Credit: ANI Benchmark indices Sensex and Nifty rebounded in early trade on Monday (October 27, 2025), mirroring a sharp rally in global markets, as softer-than-expected U.S. inflation report has reignited hopes of Fed rate cuts. Prospects of a U.S.–China trade deal and fresh foreign fund inflows also added to the markets’…

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India-EU FTA talks intensify, Piyush Goyal set to meet his counterpart in Brussels

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India-EU FTA talks intensify, Piyush Goyal set to meet his counterpart in Brussels

Union Minister of Commerce and Industry Piyush Goyal interacts with Berlin’s Indian diaspora during an official visit to meet Global Industry leaders, in Berlin on October 25, 2025. | Photo Credit: ANI Commerce and Industry Minister Piyush Goyal will visit Brussels on October 27 to 28 to hold high-level discussions with his counterpart in the…

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