Business

Indian benchmark indices felt the heat with major corrections seen of around 2.50 per cent in the last two days keeping rupee at lower levels, Jateen Trivedi, VP Research Analyst said

The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation.

Zomato reported a profit of 20 million rupees ($241,861.37) for the quarter ended June 30.

The 30-share BSE Sensex fell 299.99 points to 65,482.79. The NSE Nifty declined 87.5 points to 19,439.05.

Sustained foreign fund outflows, strength of the American currency in the overseas market further dented sentiments, forex traders said.

They assert that the majority of the casualties will be concentrated in MSMEs and startups that host new-age business models.

This was the biggest single-day fall for rupee in nearly six months. The Indian currency had witnessed the steepest intra-day fall of 68 paise on February 6

GST Council on Wednesday decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at entry level

Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88.

India had eight companies in the Fortunes Global 500 list this year five of them from the public sector IOCL, LIC, ONGC, BPCL and SBI and just three from the private sector

Edible oil major Adani Wilmar had posted a net profit of Rs 194 crore in the year-ago period

Almost a fortnight ago, Indian stock indices had touched their fresh highs and in the process, the benchmark Sensex topped the 67,000 mark for the first time.

According to a statement from the company, the 'Yuva 2' smartphone, priced at Rs 6,999, will be available across Lava's retail network starting Wednesday.

Forex traders said the rupee is trading lower on strong dollar and foreign fund outflows over the past few days.

The country's largest airline by domestic market share has embarked on an ambitious international expansion

Hyundai Motor India presently operates with a network of 1,340 sales points and 1,502 service points across India.

The government has fixed the price of ethanol extracted from sugarcane juice or syrup at Rs 65.60 per litre for the supply year beginning December 2022

Ten people, including liquor baron Vijay Mallya and diamond merchant Nirav Modi, have been declared as fugitive economic offenders

GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in online gaming

The IT industry hiring continued to remain an area of concern, with a 46 per cent decline in new jobs created compared to July last year

Alibaba founder Jack Ma has invested in a fishery and agriculture startup in China, the media reported on Tuesday

GPT-3, the popular AI-powered tool, was found to reason as well as college undergraduate students, scientists have found

Hundreds of gamers from small towns and cities are getting together, taking to the streets, to appeal to the government for the withdrawal of the 28 per cent GST

According to S&P Global's India Manufacturing Purchasing Managers' Index, it marginally fell from 57.8 in June to 57.7 in July