Stand by Adani report, closure not due to threats, says Hindenburg founder

Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat — legal or otherwise — and that he stands by all its

Volkswagen moves HC over $1.4 bn tax notice

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about $1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units. The company

RBI may cut interest rate by 25 bps on Feb 7

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be

Trade war fears spook markets; Sensex falls 319 points

Benchmark stock indices Sensex and Nifty closed lower on Monday tracking weak global markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex declined 319.22 points or

Dow Futures plunge 575 points as Trump imposes new tariffs on Canada, Mexico and China

Global Markets Crash LIVE Update: US stock futures sold-off sharply on Sunday night, in response to Donald Trump’s tariff imposition on Canada, Mexico and China. As of 2:30 pm IST, the S&P 500 futures are down close to 1.5%, while

Top Gainers and Losers today on 3 February, 2025: Bajaj Finance, Mahindra & Mahindra, Larsen & Toubro, Oil & Natural Gas Corporation among most active stocks; Check full list here

Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 23482.15, reflecting a decline of 0.52%. Throughout the day, the Nifty reached a high of 23381.6 and a low of 23222.0.

The Regret About This Budget Is…

‘…that it once again shies away from renewing its commitment to strategic divestment,’ points out A K Bhattacharya. IMAGE: Finance Minister Nirmala Sitharaman shows the Budget tablet at the finance ministry before heading to Parliament to present the Union Budget

Factors that will guide the markets this week

RBI’s interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors

‘AI is no longer a futuristic concept but an economic multiplier’

The government’s focus on AI-driven innovation — through initiatives like the DeepTech Fund of Funds and 10,000 fellowships for research at IITs and IISc — will propel India’s leadership in AI and automation. Budget 2025 lays down a transformational roadmap

A Budget that balances prudence with growth: Birla

The estimated Rs 1 trillion revenue forgone from direct taxes and Rs 2,600 crore from indirect taxes has been carefully accounted for within the fiscal consolidation road map, ensuring stability while boosting demand. Budget 2025-26 delivers a carefully calibrated strategy—stimulating