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Home  Business

Business

Rupee falls 22 paise to 85.98 amid rising crude prices, trade slowdown

Rupee falls 22 paise to 85.98 amid rising crude prices, trade slowdown

  • SBI organises cyber fraud awareness drive across Telangana

    The campaign was held at more than 40 public locations—including parks, metro stations, indoor stadiums, supermarkets, panchayat offices, schools, and pensioners’ associations—reaching citizens from all walks of life
  • Tesla drives into India with Model Y, price starts at Rs 59.89 lakh

    The mid-sized electric SUV Model Y, once the world’s best-selling car, will be offered in India in two variants — rear-wheel drive with base price at Rs 59.89 lakh and long-range rear wheel drive at a base price of Rs 67.89 lakh
  • New SMS rules make it easier to spot spam

    Cellular Operators Association of India, however, expresses concern over spammers taking the route of over-the-top or internet messaging apps which remain unregulated
  • Hyderabad-based Aurobindo Pharma to produce, supply long-acting HIV treatment drug

    Aurobindo Pharma will manufacture and supply these injectable HIV treatment across 133 countries, including several low and middle-income markets
  • Tesla enters Mumbai, plans to open Delhi showroom soon

    The electric vehicle giant launches its ‘Experience Centre’ in Mumbai, will also set up four new charging stations in New Delhi
  • BSE building gets bomb threat, turns out to be hoax

    Mumbai's iconic BSE building received a bomb threat via email, prompting a police search that found nothing suspicious. The threat, referencing RDX IEDs, was later declared a hoax. A case has been registered, and efforts are underway to trace the sender
  • Starbucks tightens return-to-office policy, urges relocations for corporate leaders

    Starbucks will require corporate employees to work in-office four days a week and mandate relocation for people leaders to Seattle or Toronto, aligning with broader corporate shifts toward in-person work
  • India eyes US market gains as tariffs hit China, Mexico

    NITI Aayog said India’s exports to the US could gain significantly as Washington imposes steep tariffs on China, Canada, and Mexico. India is also negotiating tariff relief and trade concessions during bilateral talks aimed at finalising a trade pact
  • Samosas, jalebis to carry oil and sugar warnings in govt eateries

    The Health Ministry has mandated “oil and sugar boards” in all central government eateries to raise awareness about sugar and fat content in common snacks like samosas and jalebis
  • Wholesale inflation dips into negative territory on food, fuel deflation

    India’s wholesale price inflation entered the negative zone in June 2025 after 19 months, declining by 0.13 per cent due to falling food and fuel prices
  • NSE becomes world’s fourth-largest exchange by fundraising

    This strong performance comes at a time when expectations are rising for NSE's own public listing -- a long-anticipated move that could mark a historic moment in India's capital markets
  • Jane Street deposits Rs 4,843 crore in escrow, asks Sebi to lift restrictions

    US hedge fund Jane Street has deposited Rs 4,843.57 crore in an escrow account in compliance with Sebi's interim order. It has now requested that certain market restrictions be lifted. Sebi is currently examining the plea as part of due process
  • India, US to resume bilateral trade negotiations amid tariff concerns

    An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim deal
  • Ola Electric posts Rs 428 crore loss in Q1 FY26 as revenue halves

    Ola Electric reported a Q1 FY26 net loss of ₹428 crore as revenue fell nearly 50% YoY to ₹828 crore. E-scooter deliveries dropped sharply, and share prices continue to slump amid rising losses and operational consolidation efforts
  • Sensex and Nifty fall amid IT selloff, FII outflows, and trade tariff uncertainty

    Sensex and Nifty fell in early trade Monday, dragged down by IT stocks and continued FII outflows. Investors await clarity on the US-India trade deal, with hopes that a resolution could revive market sentiment. Global cues remained mixed.
  • Bitcoin surges past $1,21,000 milestone for first time

    Bitcoin surged past $1,21,000 for the first time, driven by institutional demand, ETF inflows, and macroeconomic factors. Ethereum also rose. Experts cite regulatory clarity, tokenization progress, and US policy support as key drivers of this sustained crypto market rally
  • Rupee falls 17 paise to 85.97 against US dollar amid FII outflows, trade tariff concerns

    The rupee slipped 17 paise to 85.97 against the US dollar on Monday due to a strong greenback and FII outflows. Market sentiment was also weighed by uncertainty over US tariffs, even as India remains exempt for now.
  • Opinion: The rise of digital death

    Immortalising the dead through code risks short-circuiting the fragile, necessary process of grief
  • Centre eases FGD norms for power plants, electricity costs likely to fall

    India has relaxed mandatory FGD installation at most coal power plants, limiting it to areas near large cities or pollution hotspots. The move, based on scientific studies, aims to cut electricity costs while maintaining air quality through targeted, evidence-driven regulation
  • Andhra Pradesh: BITS Pilani to invest over Rs 2,200 cr on expansion, new ‘AI+ Campus’ at Amaravati

    BITS Pilani will invest over Rs 2,200 crore in a five-year expansion, including a futuristic AI+ Campus in Amaravati. The initiatives aim to increase student capacity, enhance research, and launch digital education programs to reach over 1 lakh learners
  • Vedanta donates Rs 97 crore to BJP in FY25, Nearly 4x rise

    Vedanta Ltd nearly quadrupled its political donations to the BJP to ₹97 crore in FY25, while slashing funds to Congress. Total political contributions rose to ₹157 crore, as per its annual report, alongside a rise in brand and management fees
  • Kamarajar, Paradip, Deendayal ports to accommodate cape-size vessels

    India is enhancing port infrastructure to support larger vessels and boost transshipment capacity. With ports like Vadhavan and Galathea Bay under development, the government aims to reduce dependence on foreign hubs and position India as a major transshipment center
  • Visakhapatnam Port Authority to host second BIMSTEC conclave on July 14, 15

    Visakhapatnam will host the second BIMSTEC Ports Conclave on July 14–15. Focusing on the blue economy, green energy, and regional trade, the event will bring together BIMSTEC nations to boost maritime cooperation, investment, innovation, and sustainable connectivity
  • Keep working hard in tariff talks: Trump tells countries

    US President Donald Trump made the remarks even as countries strive to reach deals with the US to avoid or minimise the impact of steep “reciprocal” tariffs that are set to take effect on August 1
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