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Business

Showing 12 articles

Rupee Strengthens to 89.96 per Dollar as Oil Prices Ease, RBI Support Seen
Business

Rupee Strengthens to 89.96 per Dollar as Oil Prices Ease, RBI Support Seen

The Indian rupee staged a notable recovery in early trade on Friday, appreciating 24 paise to 89.96 against the U.S. dollar, buoyed by steady corporate...

Dec 19
3 min read
ICICI Prudential AMC Shares Debut with 20% Premium, Capping One of India’s Most Sought-After IPOs
Business

ICICI Prudential AMC Shares Debut with 20% Premium, Capping One of India’s Most Sought-After IPOs

Shares of ICICI Prudential Asset Management Company (AMC) made an emphatic debut on Dalal Street on Friday, December 19, listing nearly 20% above the issue...

Dec 19
3 min read
AI Services Emerge as Major Growth Driver for TCS, Revenue Touches $1.5 Billion
Business

AI Services Emerge as Major Growth Driver for TCS, Revenue Touches $1.5 Billion

Tata Consultancy Services (TCS) CEO K Krithivasan has said that the company’s annualised revenue from artificial intelligence (AI) services has reached $1.5 billion, marking a...

Dec 18
3 min read
India’s Top-Performing Stock Turns Cautionary as AI Hype Meets Regulatory Scrutiny
Business

India’s Top-Performing Stock Turns Cautionary as AI Hype Meets Regulatory Scrutiny

The world’s best-performing stock has begun to emerge as a warning sign for investors chasing extraordinary gains from the artificial intelligence boom. Little known until...

Dec 18
4 min read
Sensex Slides Over 500 Points Amid Foreign Outflows, Weak Rupee, and Global Cues
Business

Sensex Slides Over 500 Points Amid Foreign Outflows, Weak Rupee, and Global Cues

The Indian stock market faced a sharp correction on Tuesday, with the Sensex tumbling 533.50 points to settle at 84,679.86, while the Nifty 50 dropped...

Dec 17
2 min read
Rupee Volatility Surges Amid FPI Outflows and U.S. Trade Uncertainty
BREAKINGBusiness

Rupee Volatility Surges Amid FPI Outflows and U.S. Trade Uncertainty

The Indian rupee experienced sharp swings in early Wednesday trade, reflecting the tug-of-war between easing crude oil prices and ongoing uncertainty over the India-U.S. trade...

Dec 17
2 min read
Elon Musk’s Fortune Rockets to $677 Billion as SpaceX Soars, Paving Way for Potential Trillionaire Status
Business

Elon Musk’s Fortune Rockets to $677 Billion as SpaceX Soars, Paving Way for Potential Trillionaire Status

Elon Musk, already the wealthiest individual on Earth, has seen his net worth skyrocket to $677 billion, fueled largely by the meteoric valuation of SpaceX,...

Dec 17
3 min read
Rupee Breaches 91 Mark Amid FII Outflows and Trade Uncertainty
Business

Rupee Breaches 91 Mark Amid FII Outflows and Trade Uncertainty

The Indian rupee weakened 36 paise to trade at 91.14 against the US dollar, breaching the 91-mark for the first time in intra-day trade on...

Dec 16
2 min read
Corona Remedies Shares Surge on Debut, List at Nearly 38% Premium After Blockbuster IPO
Business

Corona Remedies Shares Surge on Debut, List at Nearly 38% Premium After Blockbuster IPO

Corona Remedies made an emphatic entry into the stock market on Monday, delivering strong listing gains after one of the most heavily subscribed initial public...

Dec 15
2 min read
Markets Open Lower as Global Weakness, FII Outflows and Trade Uncertainty Weigh on Sentiment
Business

Markets Open Lower as Global Weakness, FII Outflows and Trade Uncertainty Weigh on Sentiment

Indian equity benchmarks slipped in early trade on Monday, mirroring weakness across Asian markets and continued selling by foreign investors. Lingering uncertainty over a possible...

Dec 15
3 min read
US Launches ‘Pax Silica’ Tech Alliance, Leaving India Out of Founding Group
Business

US Launches ‘Pax Silica’ Tech Alliance, Leaving India Out of Founding Group

The United States has unveiled a new high-technology and supply chain partnership, dubbed Pax Silica, aimed at securing critical semiconductor and artificial intelligence ecosystems—but India...

Dec 15
4 min read
SBI Cuts Lending Rates After RBI Move, Cheaper Loans From December 15; IOB Follows Suit
Business

SBI Cuts Lending Rates After RBI Move, Cheaper Loans From December 15; IOB Follows Suit

India’s largest lender, State Bank of India (SBI), has announced a fresh round of lending rate cuts, passing on the Reserve Bank of India’s latest...

Dec 14
3 min read