BUSINESS

Rupee trades flat with mild volatility ahead of RBI rate decision
June 7, 2025

Rupee trades flat with mild volatility ahead of RBI rate decision

The rupee moved in a narrow range in early trade on Friday, ahead of the RBI’s monetary policy announcement. Forex…
Sensex, Nifty slip ahead of RBI policy outcome; foreign fund outflows weigh on sentiment
June 7, 2025

Sensex, Nifty slip ahead of RBI policy outcome; foreign fund outflows weigh on sentiment

Equity benchmarks Sensex and Nifty fell in early trade on Friday ahead of the RBI’s monetary policy announcement. Weak global…
Investors dump Tesla on bet Trump may lash out at Musk
June 7, 2025

Investors dump Tesla on bet Trump may lash out at Musk

Shares of Elon Musk’s electric vehicle maker plunged more than 14% in a stunning wipe-out as investors dumped holdings amid…
Hiring of staff in India’s services sector at all-time high in May
June 6, 2025

Hiring of staff in India’s services sector at all-time high in May

The seasonally adjusted HSBC India Services PM Business Activity Index registered 58.8 in May, broadly in line with April’s reading…
Hyderabad-based Dhruva Space enters strategic partnership with French Sodern ArianeGroup
June 6, 2025

Hyderabad-based Dhruva Space enters strategic partnership with French Sodern ArianeGroup

Dhruva Space has partnered with France-based Sodern ArianeGroup to deploy the HORUS star tracker on a 2026 mission. The collaboration…
Rupee weakens past 85.95 as dollar demand rises ahead of RBI policy outcome
June 6, 2025

Rupee weakens past 85.95 as dollar demand rises ahead of RBI policy outcome

The rupee slipped 9 paise to 85.96 against the US dollar in early trade on Thursday amid strong dollar demand…
Sensex, Nifty rise in early trade on Reliance buying, foreign inflows
June 6, 2025

Sensex, Nifty rise in early trade on Reliance buying, foreign inflows

Benchmark indices Sensex and Nifty opened higher on Thursday, supported by gains in Reliance Industries and foreign institutional inflows. A…
Adani Group’s tax payments rise 29 per cent to Rs 75,000 crore in FY25
June 6, 2025

Adani Group’s tax payments rise 29 per cent to Rs 75,000 crore in FY25

The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network –…
India can increase imports of shale gas, LNG, crude oil from US
June 5, 2025

India can increase imports of shale gas, LNG, crude oil from US

India’s exports to the US are rising, and it can increase imports of products like shale gas, LNG, and crude…
RBI’s monetary policy panel starts deliberations; decision on June 6
June 5, 2025

RBI’s monetary policy panel starts deliberations; decision on June 6

The decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on June…
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