Business

A lackluster domestic equity market and continuous foreign fund outflows exerted pressure on the local currency. However, easing crude oil prices provided some support, according to forex traders. At the interbank foreign exchange, the rupee opened weaker at 87.24 amid high volatility, hitting a low of 87.34 before stabilizing at 87.25 against the US dollar in early trade, marking a 30-paise decline from its previous close.

FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, has now come down to 11.4 per cent in 2023 and will decrease further

Three lessors - NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million

India's External Affairs Minister S Jaishankar's visit to Ireland is the first high-level political visit from India since the visit of Prime Minister Narendra Modi in 2015

CIL has green-flagged a grant of Rs 98 cr to IITH for a duration of five years for setting up Centre of Excellence on the institute’s campus

The government plans to launch EPFO 3.0 app by May or June this year which will offer banking-like convenience along with several digital features to make transactions easier

BRS working president demands answers from Prime Minister Modi and Finance Minister Nirmala Sitharaman on the sweeping powers being granted to I-T officials under the new Bill

When you are at a stage of development when your own industry has to grow, you will tend to make sure that, as per the WTO norms, whatever is the trade tariff which you can levy... you will levy, says Union Finance Minister

US-based short seller Hindenberg had made allegations against Pandey’s predecessor Madhabi Puri Buch circling around potential conflicts of interest based on whistleblower documents

India is home to over 7,000 active women-led startups, accounting for 7.5 per cent of all active startups in the country.

India's largest airline has been ranked next only to Qatar Airways, which clocked a 10.4 per cent growth in seat capacity over the previous year, according to the latest data from the Official Airline Guide (OAG)

Company’s chairman and managing director S N Subrahmanyan recently faced flak for comments asking employees to put in 90-hours a week and not keep staring at their wives

Enhancing technical skill sets of the working population will provide them with better bargaining power

If India has to emerge as a high-income nation — the much-touted ‘Viksit Bharat’ status —, per capita income should touch $14,000

The service is currently available for departures from six Indian airports -- Hyderabad, Delhi, Mumbai, Chennai, Bengaluru, and Kolkata

The cautionary statement comes after Sebi discovered that some individuals or entities are illegally purchasing, encroaching/trespassing the properties of the company

India, according to CREA, bought fossil fuels worth EUR 205.84 billion from Russia from the beginning of the war until March 2, 2025

The company is also limiting the presence of its physical stores, slashing marketing budgets and merging Reliance Brands Ltd, with its umbrella retail entity, according to report

As part of a significant restructuring effort, BP (formerly the British Petroleum) has initiated a strategic evaluation of its Castrol lubricants division, stating that it could have a valuation of nearly $10 billion

The long-term outlook for silver remains strong due to its increasing industrial usage. The precious metal is a key component in electronic devices, circuit boards, solar panels, and EV batteries

Forex traders noted that the local currency initially gained support following the US decision to postpone higher tariffs on Canada and Mexico. Additionally, the RBI's move to inject Rs 1.9 trillion liquidity into the banking system further strengthened the domestic unit. However, they added that volatile equity markets dampened sentiment, dragging the currency into negative territory.

Now that Trump has made no exceptions and gone ahead with reciprocal tariff policy, India will have to gear up for the impact

Ultraviolette Shockwave, with raised fenders, rugged-looking suspensions and dual purpose tyres, is a typical dirt bike design.

Combined wealth of Indian billionaires is estimated at $950 billion, ranking the country third globally, behind the US ($5.7 trillion) and Mainland China ($1.34 trillion). Millionaire population up 6 per cent in 2024: Knight Frank