Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Photograph: PTI Photo from the Rediff Archives Its consolidated net profit of Rs 18,540
US Markets Highlights: US inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit. Wednesday’s (January 15) report from the Labor Department showed that the
Infosys Q3 results: Indian information technology (IT) company, Infosys announced its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) today, Thursday, January 16, 2025. The company posted a new profit of ₹6,806 crore in the quarter under review as
Raising overseas debt has become prohibitively expensive due to the depreciating rupee. Photograph: Kind courtesy Jatinder Jeetu/Pixabay Indian companies’ foreign borrowings plunged 20.2 per cent to $23.33 billion in 2024, down from $29.22 billion a year earlier. With the Indian
Benchmark indices Sensex and Nifty edged higher on Wednesday on buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. Photograph: Shailesh Andrade/Reuters The 30-share BSE index climbed 224.45 points or 0.29
Bookings as well as airfares for flights to Prayagraj have jumped multi-fold as more people travel for the Maha Kumbh, with the air ticket prices rising up to 21 per cent for the Delhi-Prayagraj flights. Photograph: Ritesh Shukla/Reuters According to
India’s trade deficit narrowed to $21.94 billion in December after last month’s shocking surge to a lifetime high on the back of miscalculations in gold imports, government data showed on Wednesday. Photograph: Kim Kyung-Hoon/Reuters Exports contracted for the second month
Stocks of Ujjivan Small Finance Bank and Easy Trip Planners have given up 50% of their gains from their record highs. However, the retail investors have consistently increased their holding in these two companies over the last few quarters. At
Top Gainers and Losers Today : **The Top Gainers and Losers Today:** The Nifty index concluded the trading session at 23,176.05, reflecting an increase of 0.16%. Throughout the day, the Nifty reached a high of 23,293.65 and a low of
The government, in the forthcoming Budget, could consider levying higher tariffs on imports to check the significant decline in rupee value witnessed in the past few months, said EY Chief Policy Advisor DK Srivastava. The noted economist argued that higher
