Mumbai: Indian equity markets witnessed a sharp sell-off on Monday, with benchmark indices closing deep in the red as escalating tensions between the US and Iran rattled investor sentiment. The BSE Sensex plunged 1,836.57 points, or 2.46%, to settle at … read more
Mumbai — Tata Capital has received a tax reassessment order amounting to ₹413 crore from the Mumbai Income Tax Department for the financial year 2017–18. The company has stated it will take necessary steps to file a rectification appeal. The … read more
New Delhi: India’s pharmaceutical sector has grown into a globally integrated and policy-driven industry, now ranking third in the world by volume and 11th by value, according to an official factsheet released on Saturday. With over 3,000 companies and 10,500 … read more
New Delhi — The Centre has rolled out a new scheme, Resilience and Logistics Intervention for Export Facilitation (RELIEF), with an outlay of around Rs 500 crore to support Indian exporters facing disruptions due to the ongoing crisis in West Asia. … read more
New Delhi — The ongoing conflict involving Iran in the Middle East is shaking global energy markets, and its impact is being felt more sharply in refined fuels like jet fuel and diesel than in crude oil itself, according to … read more
New Delhi- Indian smartphone manufacturers could face a difficult phase as rising global RAM prices begin to affect production costs and shipment volumes, according to a new report. Brokerage firm CLSA noted that smartphone shipments in India declined sharply in … read more
New Delhi: Gold prices declined 0.73 per cent during the week as investors booked profits after the metal touched multi-week highs, while a stronger US dollar and shifting interest-rate expectations weighed on sentiment. On Friday, gold futures on the Multi … read more
New Delhi— Companies listed on the Nifty 500 reported a strong performance in the third quarter of FY26, registering a 16 per cent year-on-year increase in profits — the highest growth recorded in the last eight quarters, according to a … read more
New Delhi: Global financial services firm Nomura has projected that India’s economy will grow by 7 per cent in FY27, indicating resilience despite rising geopolitical tensions in West Asia and concerns over higher energy prices. However, the brokerage has slightly … read more
New Delhi — Rising crude oil prices remain a major concern for India’s economy, but strong services exports and stable remittance inflows could help soften the impact, according to a report by DSP Netra released on Wednesday. The report notes … read more