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From the Sensex firms, Infosys, Sun Pharma, Asian Paints, HDFC Bank, Maruti and TCS were among the major gainers. File | Photo Credit: The Hindu Benchmark indices Sensex and Nifty rallied in early trade on Thursday (August 14, 2025) amid buying in blue-chip stocks such as HDFC Bank and TCS, along with a positive trend…
Read More “Equity markets climb in early trade on buying in HDFC Bank, TCS” »
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Representational file image. | Photo Credit: Reuters Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported more than doubling of its first quarter net profit, as marketing margins surged because of holding retail prices despite a drop in input oil cost. Its consolidated net profit of ₹6,839.02 crore in April-June — the first quarter of the…
Read More “BPCL Q1 net profit more than doubles on bumper retail fuel margin” »
The balance in the savings bank account of ICICI Bank earns an interest of 2.5% per annum, ICICI Bank said. File | Photo Credit: Reuters In a U-turn, ICICI Bank has slashed the minimum monthly average balance (MAB) requirement to ₹15,000 from the earlier steep hike of ₹50,000, citing “valuable feedback” from customers. The minimum balance…
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In a freewheeling conversation withThe Hinduin Gujarat’s Anand, the brand’s headquarters, Mr. Jayen Mehta said that while India maintained a uniform 30% import duty on all dairy products, the U.S. imposed much steeper tariffs ranging from 40-75% on items like ghee, butter, cheese, flavoured milk, cream, and shrikhand. How is Amul going to deal with…
Read More “Tariff king is the U.S., not India, says Amul MD Jayen Mehta” »
Representative image | Photo Credit: The Hindu The Indian government is tweaking its earlier plans for an Export Promotion Mission to make it more targeted towards specific sectors in the wake of the increased tariffs imposed by the U.S. on imports from India, The Hindu has learnt. This would entail reducing the cost of credit…
Chief Economic Advisor V. Anantha Nageswaran on Wednesday (August 13, 2025) said U.S. tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent…
Read More “U.S. tariff impact not to last more than six months, says CEA Anantha Nageswaran” »
Stock markets rebounded on August 13, 2025, as the Sensex closed higher by 304 points on buying in metal, auto, and pharma shares. File | Photo Credit: Reuters Stock markets rebounded on Wednesday (August 13, 2025) with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady U.S….
Representative image | Photo Credit: Reuters The rupee appreciated 20 paise to close at 87.43 (provisional) against the U.S. dollar on Wednesday (August 13, 2025), as a weak greenback and a positive momentum in domestic equity markets enthused investors. Forex traders said weak crude oil prices and cooling domestic inflation supported the rupee, but uncertainties…
Read More “Rupee rises 20 paise to close at 87.43 against U.S. dollar” »
Markets regulator SEBI has banned Dewan Housing Finance Corp Ltd’s former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years and imposed a penalty totalling ₹120 crore on them for diverting funds and fabricating books. Additionally, they have been restrained from holding any key position in…