Can India become a global innovation hub?

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a partnership with the Startup Policy Forum (SPF), a premier industry organisation representing India’s leading new-age companies. This strategic collaboration

Sensex, Nifty tank nearly 1% on selloff in banking, IT stocks

Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season starting next week. Photograph: PTI Photo from

Premium devices demand to push India smartphone mkt to over $50 bn in 2025

Rising demand for premium devices, led by Apple and Samsung, is expected to increase India’s smartphone market size to over $50 billion (about Rs 428,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. Photograph: Francis

Forex reserves drop by $4.11 billion to $640.27 billion

India’s forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. Ketan Parekh (Right) Photograph: Lisa Marie David/Reuters In the previous reporting week, the overall kitty had dropped by

Indices snap two-day gaining streak, Nifty 50 back below 24,100

Sensex Today | Stock Market Highlights: The Sensex tumbled 721 points to settle at 79,223, while the Nifty dropped 184 points, ending the session at 24,004. Financial stocks led the decline, with HDFC Bank and ICICI Bank emerging as the

Mukul Agrawal portfolio stock: Multibagger PTC Industries shares rise 9% to 4-month high. Here’s why

Shares of PTC Industries, a leading Indian manufacturer of precision metal components for critical applications, closed 10% up at a 4-month high of ₹14,466 apiece on Friday, January 3. This rally followed the company’s announcement that its wholly-owned subsidiary, Aerolloy

Nestaway co-founder accuses Tiger Global, Goldman of fraud

Bengaluru-based Nestaway’s co-founder Amarendra Sahu has filed an First Information Report (FIR) alleging fraud, cheating, forgery of documents and criminal intimidation against Tiger Global, Chiratae Ventures and Goldman Sachs, in a rare instance of a startup founder filing a criminal

India’s job market ends 2004 on a high; white-collar hiring up 9%

White-collar hiring activity in December witnessed a 9 per cent increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday. According to Naukri JobSpeak, the index reached an impressive

Sebi to continue proceedings against Zee, Puneet Goenka

Markets watchdog Sebi on Thursday said it will slap a fresh show cause notice on ZEEL founder chairman Subhash Chandra, and his son Punit Goenka as it vowed to continue the investigation into alleged violation of listing norms against the

Sensex, Nifty surge nearly 2% on buying in financial, IT stocks

Benchmark Sensex rallied 1,436 points to close at a two-week high on Thursday on buying in financial, auto and IT shares. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark Sensex jumped 1,436.30 points or 1.83 per cent