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Home  Business

Business

India, Japan launch defence co-development pact and economic roadmap

India, Japan launch defence co-development pact and economic roadmap

  • Gold slips on profit booking; silver extends rally for third straight session

    Gold prices slipped on Thursday due to profit booking, while silver extended its gains for a third consecutive session. Investors are closely watching the US non-farm payrolls report, with expectations of a patient Federal Reserve supporting precious metal prices.
  • Sensex rises over 375 points, Nifty tops 24,100 in early trade as crude oil prices ease

    Benchmark equity indices opened higher on Thursday as easing crude oil prices and optimism over US-Iran talks lifted investor sentiment. IT stocks led the gains, while analysts cited improving macroeconomic conditions, robust auto sales and slowing FII outflows as additional positives.
  • Rupee rises 26 paise to 94.90 against US dollar in early trade

    The rupee strengthened by 26 paise to 94.90 against the US dollar in early trade on Thursday, aided by lower crude oil prices, stable global risk sentiment and renewed foreign inflows into Indian bond markets despite continued caution over RBI intervention.
  • Opinion: India’s Free Trade Agreement push

    With 15 FTAs in force and a few under negotiation, India’s trade success will depend not just on signing agreements, but also on how it leverages them to drive growth, competitiveness, and global integration
  • OXMIQ Labs raises 35 million dollars in Series A funding

    Raja Koduri-founded OXMIQ Labs has secured 35 million dollars in Series A funding, taking its total capital raised to 60 million dollars. The investment will help expand OxCore, the company's licensable GPU architecture designed for custom AI silicon and efficient AI infrastructure
  • US removes four Indian firms from sanctions list

    The United States has removed four Indian companies from its sanctions list, previously accused of supplying advanced technology and equipment to Russia’s military-industrial base. The firms — Hyderabad’s RRG Engineering Technologies and Lokesh Machines, Ahmedabad’s Galaxy Bearings, and New Delhi’s Shaurya Aeronautics — were de-listed from the Office of Foreign Assets Control’s Specially Designated Nationals list.
  • Rupee falls 5 paise to Rs 94.56 against US dollar

    The rupee depreciated by 5 paise to close at Rs 94.56 against the US dollar, weighed down by a stronger greenback and risk-off sentiment. Stable crude oil prices and expected central bank intervention helped limit losses during the trading session
  • Rupee falls 15 paise to 94.65 against US dollar on strong greenback

    The rupee fell 15 paise to close at 94.65 against the US dollar, pressured by a stronger greenback, month-end corporate demand and risk-averse sentiment. Stable crude prices and expected RBI intervention limited losses despite weak domestic equities and FII outflows
  • Government extends GSTAT appeal deadline to July 31

    The Finance Ministry has extended the deadline for filing appeals before the GST Appellate Tribunal to July 31, citing technical issues and heavy rush on the portal. Nearly 30,000 appeals were filed in the past 15 days.
  • UPI goes live in Greece, says Commerce Minister Piyush Goyal

    Commerce and Industry Minister Piyush Goyal announced that UPI services have gone live in Greece, enabling instant, low-cost money transfers. During his Athens visit, he met Eurobank CEO Fokion Karavias and urged Greek businesses to invest in India.
  • Opinion: India’s savings shift is reshaping banks

    While financialisation is strengthening capital markets, it is weakening low-cost deposit base that has long sustained bank lending and profitability
  • Sensex falls 372 points, Nifty slips below 24,000 amid West Asia tensions

    Indian benchmark indices ended lower on Monday as weakness in automobile, IT and PSU banking stocks, coupled with renewed geopolitical tensions in West Asia, weighed on sentiment. The Sensex fell 372 points, while the Nifty closed below the 24,000 mark.
  • Rupee falls 9 paise against US dollar amid geopolitical tensions

    The rupee closed 9 paise lower at 94.54 against the US dollar on Monday after renewed geopolitical tensions between the US and Iran dampened investor sentiment. Despite supportive crude oil prices and foreign inflows, the domestic currency ended the day weaker
  • Tata Motors targets annual CV sales of over one million units after Iveco deal

    Tata Motors aims to surpass one million annual commercial vehicle sales in the coming years as it moves ahead with the acquisition of Italy's Iveco Group. The deal is expected to strengthen its technology, global presence and manufacturing capabilities while boosting long-term growth
  • US federal judge seeks Department of Justice clarification in Adani case

    A US federal judge has asked prosecutors to provide a fuller explanation before dismissing criminal charges against Indian billionaire Gautam Adani. The Department of Justice is expected to file its detailed explanation by July 13, after which the case is likely to be dismissed.
  • Chandrababu Naidu, Bharti Mittal discuss Andhra’s digital push

    Andhra Pradesh Chief Minister N. Chandrababu Naidu met Bharti Enterprises founder Sunil Bharti Mittal in Amaravati to discuss strengthening the state’s digital infrastructure. The meeting comes as Airtel Nxtra partners in the $15 billion Google AI Data Centre project in Visakhapatnam.
  • Prestige Group holds Rs 65,000 crore unrecognised revenue, says chairman

    Prestige Estates Projects has around Rs 65,000 crore of unrecognised revenue following record housing sales over the past three years. The company is targeting Rs 35,000-36,000 crore in pre-sales this fiscal and expects stronger launches, subject to regulatory approvals
  • Stock market outlook: West Asia tensions and crude oil prices to drive sentiment

    Stock market sentiment this week is expected to be driven by geopolitical developments in West Asia, crude oil price movements, domestic macroeconomic data, foreign investor activity and the progress of the southwest monsoon, according to market analysts
  • Indian stock market ends holiday-shortened week higher as Nifty holds above 24,000

    Indian benchmark indices ended the holiday-shortened week on a positive note, with the Nifty closing above 24,000 and the Sensex posting gains. Analysts expect the recovery to continue if key resistance levels are crossed, supported by easing crude oil prices
  • Piyush Goyal launches India-UK CETA business manual ahead of July 15 rollout

    Union Commerce Minister Piyush Goyal launched a practical business utilisation manual for the India-UK CETA in London to help companies maximise trade opportunities before the agreement takes effect on July 15, promoting market access, investment and stronger bilateral economic cooperation
  • Nifty and Sensex post weekly gains as crude oil prices decline

    Indian equity benchmarks extended gains for a third straight week, supported by lower crude oil prices, easing geopolitical tensions and optimism over an India-US trade deal. Analysts expect corporate earnings and key domestic and global economic data to guide market direction
  • ITC CMD Sanjiv Puri’s remuneration falls 6.8 per cent to Rs 23.91 crore in FY26

    ITC Chairman and Managing Director Sanjiv Puri's total remuneration declined 6.8 per cent to Rs 23.91 crore in FY26 due to lower performance-linked incentives and commissions, although his basic salary and perquisites increased compared to the previous financial year
  • FIIs turn net sellers again, offload Rs 2,080 crore as DIIs continue buying

    Foreign institutional investors turned net sellers again, offloading Rs 2,080 crore during the week, while domestic institutional investors bought Rs 11,100 crore. Benchmark indices extended gains for a third straight week amid easing geopolitical tensions and softer crude oil prices.
  • US clears limited access to Anthropic’s Mythos 5 AI model

    The US government has allowed Anthropic to restore limited access to its Mythos 5 AI model for selected trusted partners after addressing national security concerns, while restrictions on the Fable 5 model remain in place pending further review
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