Business

NEW DELHI: The Department of Posts (DoP) has collaborated with the Association of Mutual Funds in India (AMFI) to streamline KYC (Know Your Customer) verification for approximately 24.13 crore mutual fund investors.

MUMBAI: The Indian stock market settled in negative territory on Thursday following selling in IT and banking stocks amid Q1 earnings, and FII outflows due to trade deal concerns.

NEW DELHI: Union Minister of Petroleum and Natural Gas Hardeep Singh Puri on Thursday said India has diversified its sources for buying oil in the global market, due to which the government is not “unduly worried” over any US crackdown on Russia’s oil exports.

AHMEDABAD: Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.

NEW DELHI: Worldwide IT spending is expected to total $5.43 trillion in 2025, an increase of 7.9 per cent compared to 2024, a report said on Thursday.

NEW DELHI: The Indian stock markets are expected to continue their upward trajectory, backed by strong macro fundamentals and policy support, a report said on Thursday, adding that with the Nifty50 rebounding from March lows, resistance is expected at 26,300, and a breakout could see the index reach over 27,500 by year-end.

NEW DELHI: Minister of Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday said that he expects the new round of hydrocarbon exploration being launched in India to strike several big Guyana-sized oilfields, particularly in the Andaman Sea.

NEW DELHI: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday said that ‘Urja Varta 2025’ will play a key role in accelerating India’s exploration and production (E&P) sector.

MUMBAI: The Indian stock markets ended with marginal gains on Wednesday after a volatile trading session as investors remained cautious amid ongoing corporate earnings and concerns over a potential India-US trade deal, which kept market sentiment in check.

NEW DELHI: As India achieves 50 per cent of its installed electricity capacity from non-fossil fuel sources, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved enhanced delegation of power to NTPC Ltd for investing in NTPC Renewable Energy Ltd. and its other joint ventures/subsidiaries to set up renewable energy capacity with an outlay of up to Rs 20,000 crore.

NEW DELHI: India’s largest Public Sector Bank, the State Bank of India (SBI), is likely to launch its Rs 25,000 crore Qualified Institutional Placement (QIP) very soon, according to multiple reports.

BHOPAL: Madhya Pradesh Chief Minister Mohan Yadav is scheduled to address the 'Invest in Madhya Pradesh' forum in Madrid on Wednesday.

CHENNAI: A 50-year-old passenger travelling from Kuala Lumpur to Tiruchy in Tamil Nadu on an AirAsia flight died of a suspected heart attack mid-air on Wednesday morning, despite desperate efforts by the airline crew to revive him.

MUMBAI: The Indian equity indices opened in the red on Wednesday due to mixed cues from global markets.

MUMBAI: The Indian stock market ended the first trading session of the week in negative territory on Monday, amid selling in IT stocks and fresh global trade tensions over US tariffs.

NEW DELHI: After the Aircraft Accident Investigation Bureau’s (AAIB) preliminary report into the fatal Air India crash was made public last week, airlines have started checking the locking mechanism in the fuel switches of Boeing 787 aircraft.

NEW DELHI: Union Minister of State for Rural Development and Communications, Dr Pemmasani Chandra Sekhar, on Monday called for a renewed push to transform villages into ‘Viksit Gaon’ (developed villages), as a necessary step towards achieving the goal of a ‘Viksit Bharat’ (developed India) by 2047.

NEW DELHI: India’s inflation based on the Wholesale Price Index (WPI) plummeted to the negative zone at 0.13 per cent in June for the first time this year as prices of food and fuels declined during the month, according to data released by the Commerce and Industry Ministry on Monday.

NEW DELHI: Corporate social responsibility (CSR) spending on skilling needs to improve substantially to unlock India’s workforce potential on the global stage, according to a report on Monday.

NEW DELHI: Leading cryptocurrency Bitcoin surged past the $1,21,000 milestone for the first time on Monday. According to data from CoinMarketCap, the cryptocurrency went up 2.75 per cent at $1,21,097.94 in early trade.

MUMBAI: The Indian equity indices opened lower on Monday due to the ongoing US trade policy uncertainty and mixed global cues.

SEOUL: South Korea's exports of information and communication technology (ICT) products rose 5.8 per cent in the first half from a year earlier, driven by robust semiconductor sales amid growing demand for data centres, government data showed on Monday.

NEW DELHI: Recent reductions in income tax burdens, benign inflation, lower interest rates and a favourable outlook for agricultural production are expected to support rural incomes and bolster overall consumption in India, according to a new report.

NEW DELHI: Tech giant Google has roped in Indian-origin Varun Mohan, co-founder and CEO of coding AI startup Windsurf, in a major move in the ongoing AI talent race.

MUMBAI: Markets drifted lower during the week and lost over a per cent, primarily pressured by the lingering uncertainty surrounding global tariffs and a disappointing start to the earnings season, analysts said on Saturday.

NEW DELHI: While the final report will take about an year, the preliminary findings by the Aircraft Accident Investigation Bureau (AAIB) into the fatal crash of Air India flight AI 171 — a Boeing 787-8 Dreamliner that went down shortly after take-off from Ahmedabad on June 12 — has revealed simultaneous engine shutdown, cockpit voice recordings between the two pilots and further safety advisories.

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NEW DELHI: The gold prices in international markets are in a consolidation phase, and such consolidation prepares a fertile surface for the yellow metal to move in an upward trend, a report said on Friday.

MUMBAI: The Indian stock market ended lower on Thursday as investors awaited key triggers in the Q1 earnings reports.

NEW DELHI: With supportive policies, fiscal incentives, reduced tariff barriers and new market access through free trade agreements (FTAs) developed countries including Australia, the UAE, the European Free Trade Association (EFTA) nations, and the UK, the agriculture sector has witnessed significant progress, Commerce Minister Piyush Goyal has said.

MUMBAI: Public sector banks (PSBs) are likely to demonstrate stronger earnings resilience in Q1 FY26, supported by relatively milder margin compression and higher treasury gains, according to a report on Thursday.

NEW DELHI: Commerce Minister Piyush Goyal on Thursday said he had a productive meeting with Tzafrul Aziz, Malaysian Minister of Investment, Trade and Industry, during which he discussed the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA).

VIENNA: Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, has emphasised India’s strong partnership with OPEC, discussing ways to ensure that oil markets remain balanced to ensure smooth global transition into green and alternative energies.

MUMBAI: The Indian benchmark indices opened flat on Thursday amid mixed global cues as selling was seen in the auto and IT sectors in the early trade.

PATNA: An IndiGo flight from Patna to Delhi made an emergency landing at Jai Prakash Narayan International Airport in Bihar's state capital shortly after take-off on Wednesday following a bird hit, causing panic among the 169 passengers on board.