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Home  Business

Business

Rupee rises 6 paise to 90.89 against US dollar in early trade

Rupee rises 6 paise to 90.89 against US dollar in early trade

  • Bombay HC: Not every breach of RBI fraud rules warrants court review in Anil Ambani case

    The Bombay High Court has lifted the stay on three public sector banks, allowing them to classify Anil Ambani’s and Reliance Communications’ accounts as fraud. The division bench ruled that RBI’s Master Directions are meant to safeguard public money and cannot be diluted through judicial intervention.
  • Gold and silver prices dip amid profit booking as US dollar gains

    Gold and silver prices fell on Tuesday due to a stronger US dollar and profit-taking after previous gains. Geopolitical uncertainties, US-Iran talks, and tariff concerns moderated declines, while analysts maintained medium- and long-term optimism for bullion supported by industrial demand and supply constraints
  • Markets slump nearly 1 pc on IT rout; Trump tariff worries hit investor sentiment

    Benchmark indices Sensex and Nifty fell nearly 1 per cent in early trade, led by a sharp selloff in IT stocks amid AI disruption fears. Rising crude prices and fresh tariff concerns following US President Donald Trump’s remarks further dampened investor sentiment
  • Opinion: India’s Tobacco Tax 2026—Public health or revenue strategy?

    Tobacco control must go beyond taxation and reflect a moral commitment to prioritising public health over revenue
  • Rs 590-crore fraud: IDFC First Bank shares crash 20%

    Shares of IDFC First Bank plunged nearly 20 per cent after the lender disclosed a Rs 590-crore fraud involving Haryana government accounts. The Haryana government de-empanelled IDFC First Bank and AU Small Finance Bank from government business with immediate effect
  • IDFC Bank fraud: No systemic risk here, we’re watching developments, says RBI Governor

    RBI stated there is no systemic risk to the banking system following a Rs 590-crore fraud at IDFC First Bank’s Chandigarh branch. Four officials were suspended; the stock fell sharply amid ongoing investigation
  • Hyderabad becomes The Hartford’s first home in India

    The Hartford launched its first-ever Global Technology Centre in Hyderabad, spanning 1,60,000 sq. ft., focusing on AI, digital innovation, and engineering. The centre aims to scale to 1,200 employees, supporting global technology transformation
  • Precious metals surge over growing geopolitical tensions

    Gold and silver prices surged in Mumbai amid geopolitical tensions and a weaker US dollar. MCX gold rose 1.83% to Rs 1,59,749/10g, while silver gained 5.10% to Rs 2,65,836/kg, driven by Iran-US negotiations, US tariff rulings, and safe-haven demand
  • Stock markets trade higher in early session tracking rally in Asian peers

    Indian benchmark indices BSE Sensex and NSE Nifty 50 opened higher, tracking Asian gains after the Supreme Court of the United States struck down Trump-era tariffs. Banking stocks led advances, though analysts expect only a short-lived relief rally
  • iPhone becomes India’s top single export item worth $23 billion last year

    In 2025, Apple’s iPhone became India’s top export, with $23 billion shipped, driven by PLI incentives and supply chain diversification. Smartphones led exports, as India emerged as a major producer, while Apple expanded manufacturing, retail presence, and revenue growth
  • Opinion: Work from anywhere, belong nowhere

    Even the most ardent advocates of remote work often admit to feeling isolated, struggling to maintain professional momentum, or wondering if their contributions are visible in the virtual crowd
  • Editorial: Towards democratising the Artificial Intelligence

    Only by democratising AI can it become a tool for inclusion and empowerment, particularly for the Global South
  • Market cap of six top-10 firms jump Rs 63,478 crore

    India’s top-10 companies saw mixed market performance last week, with Larsen & Toubro and State Bank of India leading gains of Rs 28,523 crore and Rs 16,015 crore, while Bharti Airtel and ICICI Bank faced major valuation declines
  • Trump tariffs, GDP data and other cues likely to drive D-Street next week

    Indian markets in Mumbai will track US tariff developments, GDP data and February F&O expiry for direction. After a rebound in BSE Sensex and Nifty 50, analysts expect volatility amid global trade and macroeconomic cues
  • Rewind: No UPI, Only Cash – digital inclusion vs GST enforcement

    GST notices generated by UPI data sparked protests across Karnataka, exposing how data-led enforcement —without context or support — can undermine trust in Digital India
  • US cuts India’s reciprocal tariff to 10% after Supreme Court ruling: What it means for trade

    With reciprocal tariffs lowered to 10%, think tank GTRI urges India to reassess the trade pact. “Deals are not charity. Both sides must gain,” founder Ajay Srivastava said 
  • Investing made simple: Why you need a trading app and demat account

    A trading app and Demat Account have become the foundation of modern investing in India. If you are a beginner investor or someone moving from traditional stock trading to digital platforms, understanding these two tools is essential for your financial success.
  • India’s Viksit Bharat goal achievable with AI, but risks remain: IMF

    IMF Managing Director Kristalina Georgieva said artificial intelligence could raise global growth by 0.8 per cent, making India’s ambition of becoming a Viksit Bharat by 2047 achievable. She also cautioned that AI also poses significant risks to employment.
  • India joins US-led strategic alliance Pax Silica

    India joined the US-led Pax Silica to strengthen resilient supply chains for critical minerals and AI. Officials, including Ashwini Vaishnaw and US Ambassador Sergio Gor, highlighted enhanced economic security and bilateral cooperation
  • Tharoor breaks ranks, backs India’s AI summit as PM Modi charts global push

    Congress leader Shashi Tharoor defended the Bharat AI Impact Summit despite criticism from Rahul Gandhi and Mallikarjun Kharge. Narendra Modi highlighted equitable AI access, global consensus-building, and regulatory safeguards during the high-level international gathering
  • Stock markets bounce back after falling in early trade

    Benchmark indices BSE Sensex and NSE Nifty rebounded from early losses to trade higher, driven by banking and capital goods stocks. Investors weighed Middle East tensions, FII selling, and global cues, while Brent crude edged up and Asian markets showed mixed trends
  • Sensex, Nifty crash 1 per cent in mid-session amid profit-booking

    Mumbai equity markets slumped mid-session, with BSE Sensex down 869.96 points and NSE Nifty falling 251.6 points amid profit booking in realty, power, auto stocks, and rising global crude oil prices
  • K’taka showcases AI strength at India AI Impact Summit, woos global tech leaders

    At the India AI Impact Summit 2026 in New Delhi, Karnataka Minister Priyank Kharge highlighted the state’s AI leadership, global collaborations with companies like Anthropic, startup support, and pilot projects in healthcare, positioning Bengaluru as a deep-tech hub
  • India built what no one else did: Macron shares street vendor’s story

    At the India-AI Impact Summit 2026 in New Delhi, French President Emmanuel Macron praised India’s digital transformation, citing a Mumbai vendor’s journey to digital payments. He highlighted strategic AI cooperation with Narendra Modi, emphasising innovation, sovereignty, and responsible technology
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