BUSINESS

Rupee rises 13 paise to 95.81 against US dollar as crude prices retreat

Rupee rises 13 paise to 95.81 against US dollar as crude prices retreat

The rupee gained 13 paise to close at 95.81 against the US dollar on Wednesday, helped by an overnight decline…
Sensex slips 49 points, Nifty falls 96 points as market extends losses

Sensex slips 49 points, Nifty falls 96 points as market extends losses

Indian benchmark indices Sensex and Nifty ended lower for the third straight session on Wednesday. The Sensex declined 48.78 points…
Petroleum Amendment Bill proposes up to Rs 25 crore fine for unlicensed activities

Petroleum Amendment Bill proposes up to Rs 25 crore fine for unlicensed activities

The government proposed amendments to the Petroleum Act, 1934, including decriminalising minor licence breaches and introducing graded penalties. The draft…
Noel Tata seeks review of Tata Sons restructuring plan to avoid listing

Noel Tata seeks review of Tata Sons restructuring plan to avoid listing

Tata Trusts Chairman Noel Tata has urged the Tata Sons board to review a restructuring proposal that could help avoid…
RBI now has less room to keep interest rates unchanged: Report

RBI now has less room to keep interest rates unchanged: Report

Rising crude oil prices, inflation and higher bond yields globally have narrowed the Reserve Bank of India’s room to hold…
Up to 60 pc talent shortage in GenAI, Cloud spurs huge market opportunities

Up to 60 pc talent shortage in GenAI, Cloud spurs huge market opportunities

India’s tech industry faces a 53–60 per cent talent gap in GenAI and Cloud, with only 16 per cent of…
Gold, silver trade up to 1 pc lower amid elevated US yields, geopolitical tensions

Gold, silver trade up to 1 pc lower amid elevated US yields, geopolitical tensions

  Gold and silver prices fell on MCX amid elevated US yields and uncertainty over the US-Iran standoff. Gold declined…
Indian conglomerate Essar to build ‘largest US steel plant’ in Iowa​‌

Indian conglomerate Essar to build ‘largest US steel plant’ in Iowa​‌

US President Donald Trump announced that India’s Essar Group will invest USD 15 billion to build what he described as…
Tata Trusts propose merger of TESS, TCE with Tata Sons to avoid listing

Tata Trusts propose merger of TESS, TCE with Tata Sons to avoid listing

Tata Trusts have proposed merging TESS and Tata Consulting Engineers with Tata Sons, saying the move could take the holding…
SpaceX launches Starship toward orbit for first time in major test

SpaceX launches Starship toward orbit for first time in major test

SpaceX launched Starship toward orbit for the first time, aiming to circle Earth six times during a nearly 10-hour mission.…
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