Business

Sensex and Nifty rebounded in early trade Monday, supported by IT stocks and positive global trends. Investors are monitoring a potential US-India trade deal, while FIIs sold equities and DIIs bought, amid a slight dip in Brent crude prices.

The Indian rupee gained 49 paise to 89.17 against the US dollar on Monday, aided by equity market gains, RBI intervention, and falling crude prices. Analysts warn of potential weakness ahead of an expected India-US trade deal by December-end.

The battle over ownership of Telegraph, a fixture on Britain's media landscape since 1855, began in 2023, when the Barclay family lost control of the company in a dispute with its lenders

Gold and silver prices were highly volatile this week amid easing global trade tensions, stronger US economic data, and fading hopes of a December Fed rate cut. Gold fluctuated sharply on MCX, while silver ended lower despite broader bullish sentiment

India will adopt FY 2022–23 as the new base year for GDP estimates, incorporating new datasets from corporate filings, LLPs, and unincorporated enterprises. The revised methodology aims to improve coverage of private companies, MSMEs, and service sector activities

Nifty and Sensex post modest weekly gains amid earnings surprises, easing inflation, and improved India-US trade outlook; IT leads, metals and realty underperform.

Indian banks need capital expansion, policy reform, and greater autonomy to break into the global big league

The US sanctioned several India-linked individuals and firms for involvement in Iranian petroleum sales, asserting the trade funds Tehran’s terrorist proxies and weapons programmes. The State and Treasury Departments expanded designations to disrupt Iran’s oil networks and intensify pressure under NSPM-2

Reliance Industries has stopped processing Russian crude at its export-only SEZ refinery in Jamnagar, Gujarat, effective November 20, to comply with European Union sanctions. From December 1, all exports will be derived from non-Russian oil, ensuring full compliance ahead of the January 2026 deadline. The move follows US sanctions on Rosneft and Lukoil, Russia’s largest oil exporters, and EU restrictions on fuels made from Russian crude.

Hyderabad is set to become a major hub in TCS’s ambitious AI data centre venture, Hypervault, backed by $2 billion equity from TCS and TPG. The project, part of a $6.5 billion plan to build 1 GW capacity, positions Hyderabad alongside Navi Mumbai and Chennai. TPG’s partnership through its Rise Climate initiative underscores the focus on sustainable, large-scale infrastructure.

Equity benchmark indices Sensex and Nifty hit their 52-week highs in early trade on Thursday, supported by a strong global rally, upbeat US tech earnings, and renewed FII and DII buying. Asian markets and firm crude prices further lifted investor sentiment.

The Enforcement Directorate has attached assets worth over Rs 1,400 crore in its latest action against Anil Ambani and his companies in a money laundering case. This follows earlier attachments of Rs 7,500 crore under the Prevention of Money Laundering Act

The rupee weakened by 18 paise to 88.66 against the US dollar on Thursday as the greenback gained on hawkish Fed minutes. Positive India-US trade signals, lower crude prices and firm equities capped losses, with forex analysts expecting stronger rupee momentum ahead.

Sources said lenders preferred Adani's plan primarily because it offered a higher upfront payment compared to competing proposals

Sensex and Nifty fell in early trade, weighed by weak global market trends and foreign fund outflows. While FIIs sold equities, domestic investors bought. Asian indices traded mixed, and Brent crude dipped amid cautious investor sentiment on AI and US Fed policy.

The rupee gained 9 paise to 88.51 against the US dollar, aided by lower crude prices. Investor sentiment remained cautious amid volatile global equities, FII outflows, domestic PMI data, and developments in the proposed India-US trade agreement.

The company aims to buy back 10 crore fully paid-up equity shares of face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital

Google CEO Sundar Pichai has urged users not to blindly trust AI outputs, warning that current models remain prone to errors. He also cautioned that no company, including Google, would be immune to a potential AI investment bubble burst

C-DOT has signed an MoU with the Andhra Pradesh government to establish a Centre of Excellence for quantum communication and security systems at the Amaravati Quantum Valley. The centre will support NQM-aligned research, privacy technologies, and quantum-safe infrastructure development

Union Commerce Minister Piyush Goyal urged industry leaders at FICCI’s AGM to adopt bold targets, increase domestic investment in startups and R&D, involve next-generation leaders, and expand engagement beyond major cities to strengthen India’s long-term economic growth

Air India will resume non-stop flights between Delhi and Shanghai from February 1, marking its return to mainland China after nearly six years. The airline also plans a Mumbai–Shanghai service in 2026 as diplomatic agreements restore suspended India–China air links

The government has tightened import rules for certain platinum jewellery by shifting it from the ‘Free’ to ‘Restricted’ category until April 30, 2026. Importers will now require DGFT licences. Similar curbs were earlier imposed on specific silver jewellery from Thailand

The Supreme Court has postponed for six weeks Sahara’s plea seeking approval to sell 88 properties to the Adani Group, asking the Centre to respond to objections raised by the amicus curiae and stating that disputes over sale documents require trial-level scrutin

Azimuth AI and Cyient Semiconductors have launched ARKA GKT-1, India’s first-generation intelligent-power platform-on-a-chip for edge AI and smart energy applications. Unveiled by Electronics and IT Minister Ashwini Vaishnaw, the chip integrates custom computing, sensing, memory, and power management into one efficient SoC