Business

MUMBAI: The Indian benchmark indices opened higher on Wednesday, after the US inflation data raised expectations of a Federal Reserve rate cut.

NEW DELHI: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks difficult, SBI Research said on Wednesday, adding that even a rate cut in December looks a tad difficult if growth numbers for Q1 and Q2 are taken into consideration.

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NEW DELHI: The Reserve Bank of India has, from time to time, underscored the importance of clear and accessible communication between banks and their customers, stressing the need to use the customer’s preferred language, the Parliament was informed on Tuesday.

NEW DELHI: India’s dealmaking environment remained resilient amid global macroeconomic headwinds, as the total deal value rose 2 per cent in the first half this year, from H2 2024, to touch $50 billion, a report said on Tuesday.

NEW DELHI: Indian Railways is providing free Wi-Fi facilities at 6,115 railway stations across the country, the Parliament was informed on Tuesday.

NEW DELHI: Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report.

NEW DELHI: Building materials and equipment company Astral Ltd's share price fell by nearly 8 per cent during the early trade on Tuesday after the firm reported a decline of over 30 per cent in its net profit for the first quarter of the current financial year (Q1 FY26).

NEW DELHI: Tesla and SpaceX owner Elon Musk on Tuesday threatened legal action against tech giant Apple, alleging that the company is unjustly favouring the OpenAI application in its App Store.

MUMBAI: The Indian benchmark indices opened flat on Tuesday amid mixed global cues after the US and China extended their trade truce overnight for another 90 days.

NEW DELHI: The Lok Sabha on Monday passed the Income Tax Bill, 2025, marking a significant step towards replacing India’s six-decade-old direct tax framework with the government seeking to balance investor confidence, taxpayer relief, and administrative efficiency with the new law.

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NEW DELHI: The Directorate General of Civil Aviation (DGCA) has carried out 171 regulatory audits from 2020 till June 2025 to ensure safety in India’s civil aviation sector, the Parliament was informed on Monday.

MUMBAI: The Indian equity market on Monday ended with around 1 per cent gains amid FII buying, bouncing back from the last trading session's correction.

NEW DELHI: Tata Group-owned Air India on Monday said it is suspending its services between Delhi and Washington, D.C., effective from September 1, 2025, due to a combination of operational factors.

RAIPUR: A technical snag in an Air India flight arriving from Delhi led to a tense hour-long delay at Raipur airport, leaving around 160 passengers, including a sitting MLA, stranded inside the aircraft with no immediate explanation.

MUMBAI: Indian benchmark indices began the week higher on Monday, led by gains in the PSU bank stocks. The BSE Sensex advanced 122 points or 0.15 per cent to 79,980 while the Nifty 50 inched up to 24,405, up 42 points or 0.17 per cent. The Nifty Bank rose 0.34 per cent to 55,194.

NEW DELHI: Union Finance Minister Nirmala Sitharaman was all set to introduce revised Income Tax Bill 2025 in the Lok Sabha on Monday.

MUMBAI: The Securities and Exchange Board of India (SEBI) has proposed a distinct alternative investment fund (AIF) scheme that would admit only "accredited investors".

NEW DELHI: Former G20 Sherpa Amitabh Kant on Saturday urged the need to strengthen the country’s tourism sector to earn big on exports, as well as tackle tariffs, imposed by US President Donald Trump.

MUMBAI: The Indian benchmark index Sensex fell 0.9 per cent this week, while the Nifty slipped almost the same, falling below the critical 24,400 level and closing at 24,363.

NEW DELHI: There has not been a single case of engine failure or breakdown reported since ethanol 20 (E20) became a base fuel over the last 10 months, Hardeep Singh Puri, Minister of Petroleum and Natural Gas, has said.

MUMBAI: The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters.

MUMBAI: The country’s largest lender State Bank of India on Friday reported a 12.5 per cent increase in net profit at Rs 19,160 crore for the April-June quarter of the current financial year, compared to the corresponding figure of Rs 17,035 crore in the same quarter of the previous fiscal.

NEW DELHI: Union Minister of Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, has underscored a unified approach to accelerate infrastructure growth in northeastern region (NER), an official statement said on Friday.

NEW DELHI: India is OpenAI’s second-largest market in the world after the US, and it may well become its biggest market in the near future, according to its CEO Sam Altman.

MUMBAI: The Indian benchmark indices opened lower on Friday amid the fresh US tariff jitters, as selling was seen in the IT and financial service sectors in the early trade.

SEOUL: South Korea will work to bolster its communication with the United States on sanitary and phytosanitary procedures (SPS) for agricultural imports as part of efforts to improve trade conditions between the two countries, the agriculture minister said on Thursday.

MUMBAI: The Indian stock market settled slightly up on Thursday after witnessing a highly volatile session, sidelining the US President Donald Trump's fresh tariff jitters.