New Delhi: Shares of Adani Green Energy Ltd (AGEL) surged in early trade today after a massive block deal took place on the exchanges. Despite the company’s stock closing at ₹999.55 in the previous session, the block deal was executed at a lower price of ₹970, raising questions about who sold the shares at a … Read more
New Delhi: Indian equity markets continued to decline for the third consecutive session on Wednesday, as sustained selling in consumer durables, private banks and IT stocks dragged benchmarks lower. The BSE Sensex slipped 275.01 points (0.32%) to close at 84,391.27, marking its lowest level since November 11. During the session, it touched a high of … Read more
London: A rare 440-year-old gold coin from the era of Queen Elizabeth I has shattered previous records after being sold for an astonishing $372,000 (approx. ₹3.30 crore) at a recent Heritage Auctions event. Known officially as the “Elizabeth I Gold Ship Ryal,” the coin dates back to 1584–1586 and is considered one of the most … Read more
As India’s information technology sector heads into 2026, global brokerage Jefferies has issued a cautious outlook, highlighting multiple risks that could weigh heavily on the performance of IT stocks in the coming year. Despite enthusiasm surrounding AI adoption and hopes of a demand revival, Jefferies says the “growth outlook remains uncertain” for the sector. The … Read more
The U.S. Federal Reserve is expected to announce a possible interest rate cut on Wednesday, as rising inflation and a slowdown in hiring put pressure on the central bank’s policy stance. Top Federal Reserve officials appear divided over the move, with concerns growing about a potential “stagflation” scenario. Inflation has increased in recent months, while … Read more
Mumbai: The Adani Group has taken a significant step to strengthen its presence in the aviation sector by acquiring a major stake in Flight Simulation Technique Centre (FSTC). The deal has been completed at an enterprise value of approximately ₹820 crore. The acquisition was carried out by Adani Defence Systems and Technologies Limited (ADSTL) in … Read more
The Central Bureau of Investigation (CBI) has registered a case against Jai Anmol Anil Ambani — the son of industrialist Anil Ambani — and Reliance Home Finance Ltd. (RHFL) in connection with an alleged ₹228 crore bank fraud involving Union Bank of India, officials confirmed on Tuesday. Complaint Filed by Union Bank of India The … Read more
Business & Tech Desk – Latest Update India’s quick commerce sector — once the hottest space for global capital and rapid expansion — may be heading toward a sharp correction, according to Blinkit CEO Albinder Dhindsa. In an interview, the leader of India’s largest rapid-delivery platform said the industry is dangerously dependent on funding and … Read more
After decades of stability in its executive ranks, Apple is now navigating its most significant wave of leadership departures since the era of Steve Jobs — raising questions about the company’s future in AI, innovation and succession. Apple Inc., long regarded as Silicon Valley’s most stable executive fortress, is witnessing an unexpected leadership shake-up. In … Read more
New Delhi: India’s mining sector is entering a decisive phase as the country positions itself for a global shift toward clean energy, advanced manufacturing, and critical mineral security. While state-run giants like GMDC and Hindustan Copper continue to dominate headlines, a set of emerging players are quietly building capacity and acquiring strategic assets to ride … Read more
Crude oil prices were poised for weekly gains on Friday, with West Texas Intermediate (WTI) trading near $59.50 per barrel. However, analysts caution that the short-term outlook remains highly uncertain as the market swings between bearish supply fundamentals and bullish geopolitical risks. Despite the latest rebound, oil has lost nearly 16% of its value year-to-date, … Read more
New Delhi, December 6:India and the United States have jointly called for additional punitive measures — including global asset freezes and arms embargoes — against Pakistan-based terror organisations Lashkar-e-Taiba (LeT) and Jaish-e-Mohammad (JeM), along with their proxy groups, supporters and financiers. The demand was made during the meeting of the India-US Joint Working Group (JWG) … Read more
Ranchi — Left parties have launched a sharp attack on the Central government, alleging that it is deliberately pushing the Heavy Engineering Corporation (HEC) towards closure in order to facilitate the transfer of its vast land assets. Leaders of the CPI, CPI(M), and other Left organisations claim that a systematic effort has been underway for … Read more
Lucknow — In a significant boost for state finances, Uttar Pradesh recorded an increase of ₹608.06 crore in revenue collection in November, even though GST rates on several items were recently reduced. According to official figures, the state’s revenue in November of the current financial year surpassed that of the same month last year, highlighting … Read more
Bengaluru, India: In a transformative move for India’s biopharmaceutical landscape, Biocon Limited announced that it will fully integrate Biocon Biologics Limited (BBL) as a wholly-owned subsidiary in a transaction valuing the biosimilars business at $5.5 billion. The integration officially marks a strategic pivot away from the previously indicated plan for an initial public offering (IPO) … Read more
AT&T customers are set to face yet another price hike, adding to a series of unwelcome changes rolled out by the company throughout the year. Earlier in April, AT&T reduced its AutoPay discount from $10 to $5 for customers who pay using a debit card, while completely eliminating the discount for those who pay with … Read more
The global semiconductor industry has crossed an unprecedented milestone, surpassing $12 trillion in total market capitalization as of November 24, 2025. The sector — powering everything from smartphones and electric vehicles to artificial intelligence and defense systems — continues to solidify its role as the backbone of modern technology. A new visualization sourced from CompaniesMarketCap.com … Read more
New Delhi: India’s ecommerce penetration has the potential to eventually match the scale of WhatsApp usage in the country, driven by rapid growth from smaller cities and towns and accelerated by investments in technology and artificial intelligence, said Meesho Cofounder and Whole-Time Director Sanjeev Kumar. Speaking ahead of Meesho’s highly anticipated ₹5,421-crore IPO, Kumar highlighted … Read more
As overseas investments into Indian mutual funds continue to rise, Non-Resident Indians (NRIs) are increasingly reconsidering whether to route their India-linked finances through Non-Resident External (NRE) or Non-Resident Ordinary (NRO) accounts. Financial experts note that the choice between the two has direct implications for tax liability and the ease of transferring funds abroad. According to … Read more
India’s industrial growth slowed sharply in October, with the Index of Industrial Production (IIP) rising just 0.4%, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). The steep moderation has been attributed largely to fewer working days during the month, as major festivals including Dussehra, Diwali and Chhath curtailed production schedules … Read more
The National Capital Region Transport Corporation (NCRTC) has announced the invitation of bids for the licensing of commercial spaces across multiple stations on the Delhi–Meerut Namo Bharat corridor, opening up a major opportunity for businesses to partner with India’s first semi-high-speed regional rail network. According to NCRTC, the initiative is aimed at creating people-friendly commercial … Read more
Market analysts expect select banking and metal stocks to remain in focus this week, with Shrikant Chouhan of Kotak Securities recommending ICICI Bank and Gravita India as top ‘buy’ calls for investors seeking medium-term opportunities. ICICI Bank — BUY According to Chouhan, ICICI Bank continues to demonstrate strong financial and operational performance, supported by a … Read more
India’s Goods and Services Tax (GST) revenues experienced a noticeable slowdown in November, the first full month after the implementation of the rationalised GST 2.0 rate structure, signalling possible short-term turbulence for the indirect taxes regime. According to official data, net GST revenues grew only 1.3% year-on-year to ₹1.52 trillion, reflecting a sharp sequential moderation … Read more
Indian pharmaceutical major Lupin has received approval from the US Food and Drug Administration (US FDA) for Armlupeg (pegfilgrastim-unne), marking a historic milestone as the company’s first biosimilar approval in the United States — the world’s largest pharmaceutical market. Armlupeg is a biosimilar to Amgen’s blockbuster drug Neulasta and will be manufactured at Lupin’s state-of-the-art … Read more
