Category: Business

Global shares traded on mixed cues on Tuesday as investors focused on high-stakes trade negotiations between the US and China, while awaiting key economic data and central bank decisions later this week.France’s CAC 40 rose 1.1% to 7,887.57, Germany’s DAX advanced 1% to 24,191.38, and the UK’s FTSE 100 was up 0.3% in early trade. […]

The Ministry of Information Technology is monitoring developments following TCS‘s announcement to reduce its workforce by over 12,000 staff, according to PTI sources. Officials, cited by the news agency, claimed the IT Ministry is closely following the situation and maintaining communication with the technology company. The ministry seeks to understand the root causes behind this […]

Market experts anticipate continued pressure due to varied Q1 results, ongoing FII outflows and stalled progress in India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,700, BSE Sensex was hovering near 80,900. At 9:19 AM, Nifty50 […]

BENGALURU: India’s venture-backed startups raised over Rs 44,000 crore ($5.3 billion) from public markets in FY25, more than double the late-stage capital they secured from private investors during the same period, according to The Rainmaker Group’s RainGauge Index FY25 Annual Update. The data points to a decisive shift in the startup funding lifecycle with IPOs, […]

Coal and Mines Minister G Kishan Reddy on Monday informed Parliament that promising reserves of rare earth elements (REE) have been discovered in the Singrauli coalfields of Madhya Pradesh, following detailed research and appraisal by Coal India Ltd (CIL).REEs — including elements like scandium and yttrium — are essential components in clean energy systems, electronics, […]

Gold price prediction: Gold prices edged lower last week after briefly touching the ₹1 lakh mark domestically. (AI image) Gold price prediction today: Gold prices are likely to trade sideways as the safe haven appeal of the yellow metal somewhat diminishes with the US sealing trade deals with many countries. Manav Modi, Senior Analyst, Commodity […]

Kotak Mahindra Bank reported a consolidated net profit of Rs 4,472 crore for the June quarter, marking a significant drop from Rs 7,448 crore in the same period last year. The previous year’s figure, however, included a one-time gain of over Rs 3,000 crore from the sale of a stake in its general insurance business, […]

Union minister Piyush Goyal (left) and Britain’s secretary of state for business and trade, Jonathan Reynolds, shake hands after they signed the free trade agreement. (Picture credit: AP) India has secured the right to impose temporary trade safeguards under its newly signed free trade agreement (FTA) with the United Kingdom, the commerce ministry confirmed on […]

NSDL IPO: For its upcoming Initial Public Offering (IPO), the National Securities Depository Limited (NSDL) has set a price band of Rs 760–800 per share. The precise band has taken investors by surprise since its at around a 22% discount from its last traded value in the unlisted market. Earlier this month, the stock was […]

8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees […]