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Home  Business

Business

Sensex, Nifty volatile after early rebound as crude, bond yields weigh

Sensex, Nifty volatile after early rebound as crude, bond yields weigh

  • India negotiating with world as $4 trillion economy: Piyush Goyal

    Commerce and Industry Minister Piyush Goyal said India is negotiating global trade partnerships as a $4 trillion economy, while its purchasing power parity-based economy is around $20 trillion. He highlighted India’s $30 trillion ambition, semiconductor demand and deep-tech ecosystem
  • Coca-Cola India scales up festive partnerships and retail reach

    Coca-Cola India and bottling partner Hindustan Coca-Cola Beverages are expanding their festive presence across Maharashtra and other states through retail networks, community partnerships and quick-commerce platforms, while promoting PET bottle collection, recycling and upcycled art initiatives during the festive season
  • Rupee slips to 95.96 amid crude oil spike and market sell-off

    The rupee fell 23 paise to close at 95.96 against the US dollar, pressured by higher crude oil prices, a stronger greenback and heavy domestic equity selling. Rising US bond yields and geopolitical uncertainties also weighed on investor sentiment
  • Govt cuts crude sunflower oil import duty to nil, lowers soybean and palm oil duty to 5 pc

    The government cut Basic Customs Duty on imported crude edible oils to ease domestic prices and inflationary pressures. Duty on crude sunflower oil was reduced to zero, while soybean and palm oil duties fell to 5 per cent, supporting consumers and domestic refiners
  • Maruti Suzuki India commissions green hydrogen plant at Manesar

    Maruti Suzuki commissioned a 300 kW green hydrogen electrolyzer at its Manesar plant to produce hydrogen using renewable energy and blend it with natural gas for manufacturing. The pilot supports cleaner operations, solar utilization and the company’s target to reduce carbon emissions
  • Sensex tanks 564 points, Nifty slips below 23,250 amid global yield concerns

    Indian benchmark indices opened sharply lower on Thursday, with the Sensex dropping over 560 points and the Nifty falling more than 200 points, as rising US Treasury yields and weak global sentiment outweighed support from softer crude oil prices.
  • Opinion: Hormuz is open, but far from normal

    Uncertainty should not be mistaken for normality: an open Hormuz can still impose substantial economic costs
  • RBI absorbs Rs 75,026 crore through VRRR auction amid surplus liquidity

    The RBI absorbed Rs 75,026 crore through an overnight VRRR auction as surplus liquidity in the banking system remained high. Banks submitted bids worth Rs 87,993 crore, while the central bank continued using VRRR auctions and OMO sales to manage excess liquidity
  • Sensex gains 299 points, Nifty rises 118 points as equities rebound

    Indian benchmark indices rebounded on Wednesday, with the Sensex gaining 299 points and the Nifty rising 118 points. Gains in metal and financial stocks, along with stabilising crude oil prices and easing energy-cost concerns, supported investor sentiment
  • Rupee falls 12 paise to close at 95.74 against US dollar

    The rupee declined 12 paise to close at 95.74 against the US dollar, pressured by a stronger greenback and higher crude prices. Positive domestic equities provided some support, while traders monitored US Fed comments and developments involving US-Iran tensions
  • AI doom fears overstated, global pause unrealistic: Zoho Co-founder Sridhar Vembu

    Zoho cofounder Sridhar Vembu said catastrophic AI predictions are overstated and a global development pause is unlikely. He urged India to pursue strategic autonomy, invest in foundational R&D, protect human skills and address AI’s impact on jobs and education
  • Centre to launch incentive scheme for lithium, nickel processing

    The Centre plans to launch an incentive scheme for domestic lithium and nickel processing. Mines Secretary Keshav Chandra said four states have been identified for critical mineral processing plants, with separate focus areas including lithium, nickel and rare earths
  • Goyal proposes integrated Commerce and Industry offices in major cities

    Commerce and Industry Minister Piyush Goyal outlined plans for integrated offices in major cities and a network of 1,000 trained personnel to support exporters. He also highlighted the Trade Connect platform and ongoing measures to simplify trade processes
  • Zuckerberg gets $25 billion richer as Meta shares soar 12 per cent

    Mark Zuckerberg's net worth rose by an estimated $25 billion in a day as Meta shares surged nearly 12 per cent. Forbes estimated his fortune at $253.6 billion, with investor sentiment boosted by Meta's artificial intelligence plans and product announcements.
  • RBI could implement 2 rate hikes in 2026 amid sticky inflation: Report

    Nomura’s Rob Subbaraman expects the RBI to raise rates in October and December as inflation may exceed 6 per cent. He forecasts 7 per cent FY27 growth, stronger foreign investment, and sees further US Fed tightening amid persistent global inflation pressures
  • Rupee gains 13 paise to 95.65 against US dollar in early trade

    The rupee strengthened by 13 paise to 95.65 against the US dollar in early trade on Tuesday, supported by easing crude oil prices and positive domestic market sentiment despite continued foreign fund outflows.
  • Google faces $463 million GDPR fine over location data breaches

    Google has been fined $463 million by Ireland’s Data Protection Commission for violating EU privacy rules through unlawful and non-transparent handling of users’ location data across services such as Web & App Activity, Location History and Android’s Location Accuracy feature.
  • Opinion: BRICS must look beyond dollar dominance

    A common currency may not be the answer; BRICS can reduce dependence through local-currency trade, digital payments and diversified reserves
  • Mobile retailers warn proposed UPI charges could squeeze thin margins

    The All India Mobile Retailers Association has urged the Finance Ministry to exempt small and medium mobile retailers from any proposed UPI MDR or transaction charges. AIMRA said a 0.4 per cent fee could further squeeze already thin margins
  • Maruti Suzuki aims to raise female intake at Manesar JIM to 30pc

    Maruti Suzuki India aims to raise female student intake at its Manesar Japan-India Institute for Manufacturing to 30 per cent by 2028-29 from 9 per cent currently. The automaker has introduced fee waivers and plans a dedicated hostel for female trainees
  • Tata Steel seeks talks with UK govt over Port Talbot EAF project delays

    Tata Steel CEO T V Narendran said the company is seeking discussions with the UK government over delays affecting power supply for its 3.2-million-tonne electric arc furnace project at Port Talbot. The company said there was no delay in its construction
  • Rupee rises 15 paise to 95.81 against US dollar as crude prices fall

    The rupee strengthened 15 paise to close at 95.81 against the US dollar on Monday, supported by lower crude oil prices, improved global risk sentiment, positive domestic equities and softer US Treasury yields amid expectations of US-Iran diplomatic talks
  • Sensex jumps 564 points, Nifty rises for fourth day amid global gains

    Indian benchmark indices ended higher on Monday, with the Sensex gaining 564 points and the Nifty rising for a fourth consecutive session. Cooling crude prices, foreign fund inflows and positive global equities supported market sentiment, while UltraTech Cement led major gainers
  • Sensex, Nifty post early gains over correction in crude prices

    Indian equity markets opened higher on Monday, with Sensex gaining 411 points and Nifty rising 33 points, supported by realty and auto stocks and softer crude prices. Asian markets also advanced, while mixed sectoral trends and elevated bond yields remained concerns
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