BUSINESS

Rupee rises 6 paise to 85.44 against US dollar as crude prices ease and dollar weakens

Rupee rises 6 paise to 85.44 against US dollar as crude prices ease and dollar weakens

The rupee gained 6 paise to 85.44 against the US dollar in early trade on Monday, supported by lower crude…
Sensex, Nifty slip after four-day rally as profit-taking hits banking stocks

Sensex, Nifty slip after four-day rally as profit-taking hits banking stocks

Sensex and Nifty opened lower on Monday after a four-session rally, led by profit-booking in bank stocks. Sensex dropped 182…
Indian cement sector sees 9 per cent year-on-year growth in May

Indian cement sector sees 9 per cent year-on-year growth in May

India’s cement sector recorded 39.6 million MT production in May 2025, marking 9% YoY growth. ICRA projects continued demand from…
Anant Ambani to earn Rs 10–20 crore annually as Reliance Executive Director

Anant Ambani to earn Rs 10–20 crore annually as Reliance Executive Director

Anant Ambani, son of Mukesh Ambani, has been appointed Executive Director of Reliance Industries. He will earn ₹10–20 crore annually…
India’s ban on Pakistani cargo ships raises freight costs, delays shipments

India’s ban on Pakistani cargo ships raises freight costs, delays shipments

Pakistani importers now depend on feeder vessels, causing delays of up to 50 days, with limited but rising export-related costs…
India’s auto sector powers $5 trillion economy dream; contributes over 7 per cent to GDP

India’s auto sector powers $5 trillion economy dream; contributes over 7 per cent to GDP

India’s booming automobile sector, contributing over 7 per cent to GDP, is key to its $5 trillion economy goal. With…
Shell denies reports of BP takeover talks

Shell denies reports of BP takeover talks

The British oil giant reaffirmed its focus on simplifying its business and clarified that no approach or discussions had taken…
PhonePe, HDFC announces launch of co-branded RuPay credit card

PhonePe, HDFC announces launch of co-branded RuPay credit card

The co-branded RuPay credit card, offers up to 10 per cent rewards on UPI and app-based spending. Available in two…
Post offices across India to accept digital payments from August

Post offices across India to accept digital payments from August

Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique…
Hyderabad-based Aurobindo Pharma recalls over 4,000 bottles of pain relieving drug

Hyderabad-based Aurobindo Pharma recalls over 4,000 bottles of pain relieving drug

US-based unit of the drug major is recalling Acetaminophen Tablets (325 mg) in the US due to cGMP (Current Good…
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