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Home  Business

Business

Pakistan Stock Exchange slumps amid escalating tensions with India

Pakistan Stock Exchange slumps amid escalating tensions with India

  • Rupee falls 19 paise to 85.15 amid India-Pakistan tensions and stronger dollar demand

    According to forex traders, escalating geopolitical tensions between India and Pakistan have triggered a risk-off sentiment in the market, weighing on the rupee. However, steady foreign fund inflows and stable crude oil prices helped limit the domestic currency’s decline.
  • Sensex, Nifty rebound after early losses amid US market rally and FII inflows

    The 30-share BSE Sensex slipped by 232.51 points to 80,055.87 in early trade, while the NSE Nifty dropped 67.15 points to 24,268.80. However, both indices later clawed back their losses and moved into positive territory, with the Sensex rising 76.72 points to 80,365.10 and the Nifty gaining 23.30 points to reach 24,359.25. 1/2
  • Opinion: The Double Burden — gender gap in unpaid labour

    While more women are participating in paid work, this has not been accompanied by a reduction in unpaid work
  • IndusInd Bank CEO Sumant Kathpalia resigns

    Bank’s Deputy CEO Arun Khurana had tendered his resignation on Monday in the wake of accounting lapses costing Rs 1,960 crore to the private lender
  • Nexus between renowned banks and builders: Supreme Court of India orders CBI probe

    Advocate Rajiv Jain, the amicus curiae, called Supertech the “main culprit” in defrauding homebuyers whereas Corporation Bank advanced more than Rs 2,700 crore to builders through subvention schemes
  • Paytm’s First Games to challenge Rs 5,712 crore GST notice

    The notice, received on April 28, 2025, relates to an ongoing Goods and Services Tax (GST) matter that has been under review across the online gaming industry for over 18 months.
  • Over half of Indian business leaders use AI for sustainability: Report

    Indian businesses are also optimistic about the future of AI. Nearly 79 per cent of leaders believe that AI will positively transform their industries -- much higher than the global average of 69 per cent.
  • HMD, Lava join hands to launch ‘Direct-to-Mobile’ phones in India

    The D2M technology is expected to be revolutionary, enabling affordable feature phones, smartphones, and tablets to receive broadcasted content directly
  • IndusInd Bank’s accounting lapses: Deputy CEO Arun Khurana resigns

    The private sector lender had informed that a bank-appointed external auditor has determined a cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as on March 31, which is similar to the amount disclosed on April 15
  • COAI backs govt move to tackle spam calls, messages from OTT platforms

    The Ministry of Electronics and Information Technology (MeitY) has decided to take the lead on this issue, as was conveyed during a recent meeting of the Joint Committee of Regulators (JCoR)
  • US Treasury Secretary says ‘India is likely to be one of first to finalise BTA with US’

    “We've had many countries come forward and present some very good proposals, and we're evaluating those.” “I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent said
  • India, Netherlands agree to strengthen bilateral trade and economic cooperation

    The Commerce Secretary Sunil Barthwal’s visit from April 24-26 underlined India’s commitment to strengthening its economic engagement with the Netherlands
  • Fire breaks out at Hyderabad-based Aurobindo Pharma’s plant

    The company temporarily suspends operations at the Penicillin-G production facility in Kakinada, Andhra Pradesh
  • RBI ask banks to ensure ATMs dispense Rs 100, Rs 200 notes

    According to the circular, by September 30, 2025, 75 per cent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette 
  • Editorial: Big shift in India’s nuclear policy

    The new FDI window could transform India’s nuclear landscape from an insular, slow-moving domain into a vibrant arena of investment and innovation
  • Hyderabad-based Dr Reddy’s to introduce Sanofi’s novel drug in India

    The company plans to introduce Beyfortus, which contains the monoclonal antibody nirsevimab, in a prefilled injection used for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants
  • Hyd-based CtrlS Datacenters to invest Rs 500 cr for greenfield data centre in Bhopal

    CtrlS Datacenters has announced an investment of Rs 500 crore for a greenfield data centre in Bhopal. A virtual groundbreaking ceremony of the facility took place with Madhya Pradesh Chief Minister Mohan Yadav presiding over the proceedings
  • Royal Enfield launches upgraded 2025 Hunter 350 with new features and colours

    The 2025 Hunter 350 was revealed at HunterHood, Royal Enfield’s inaugural street culture festival, held simultaneously in Mumbai and New Delhi. The event, designed to celebrate urban youth culture, provided the ideal platform for launching the new motorcycle.
  • India-US have continuous dialogue, communication over bilateral trade agreement: MoS Jitin Prasada

    Prasada made remarks while addressing members of the Indian-American community at an interactive session organised by the Consulate General of India in New York
  • Youngest son Anant Ambani appointed as whole-time director at Reliance Industries

    The decision was announced following a board meeting, and the appointment is set to take effect from May 1, 2025. Anant will serve in this role for five years.
  • Editorial: YouTube turns 20

    Twenty years later, YouTube, with over 20 billion videos and more than a billion monthly active users, is an integral part of our lives
  • Pahalgam attack: IndiGo says some international flights remain impacted

    Amid escalating tensions between India and Pakistan due to the Pahalgam terror attack, Pakistan has barred Indian airlines from using its airspace 
  • Sensex, Nifty plunge over one per cent amid geopolitical tensions

    Domestic benchmark indices opened flat to positive in morning trade but turned red during intra-day trade. Sensex and Nifty fell by more than 1 per cent as uncertainty over India-Pakistan relations affected investors' sentiment
  • Rupee rises 25 paise against dollar amid foreign inflows, hopes of US trade pact

    Forex traders said India is presenting a picture of quiet strength. The Reserve Bank of India, in its recent bulletin, emphasised India's growing economic resilience, driven by strong macro fundamentals, diverse trade ties, and rising global interest in Indian markets.
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