Sensex tanks 1,000 points; Nifty drops below 24,000-level

Equity benchmark indices Sensex and Nifty declined sharply in morning trade on Friday dragged lower by Axis Bank and growing concerns over geopolitical tensions following the terror attack at Pahalgam, in Jammu & Kashmir. Photograph: Francis Mascarenhas/Reuters Wiping out all

NSE pledges Rs 1 cr to Pahalgam victims’ families

The National Stock Exchange (NSE) chief Ashish Kumar Chauhan expressed deep sorrow over the tragic terrorist attack in Jammu and Kashmir’s  Pahalgam that claimed the lives of 26 people and the bourse pledged Rs 1 crore to the next of

India could double US energy purchases this year to offset tariff threat

India’s purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. Photograph: Sergei Karpukhin/Reuters The surge comes in the wake of the then-incoming Donald Trump administration’s announcement that

Sensex drops 315 points at close; HUL down 4%

Equity benchmark indices Sensex and Nifty ended lower on Thursday amid profit-taking after a seven-day rally and disappointing earnings from Hindustan Unilever. Photograph: Danish Siddiqui/Reuters Selling in blue-chips ICICI Bank, Bharti Airtel and a largely muted trend in Asian and

HUL Q4 net profit down 3.3% to Rs 2,475 cr

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a decline of 3.35 per cent in its consolidated net profit at Rs 2,475 crore for the fourth quarter ended March 31, 2025. Photograph: Danish Siddiqui/Reuters The company had logged a

Startups face I-T department heat over funding through Singapore

The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The

In a first, machines overtake humans in NSE’s cash market trades

The next time you buy or sell shares, a machine is more likely to be at the other end of the trade than a human being. Photograph: ANI Photo A larger value of stocks bought and sold on the stock

Handbags, wrist watches, other luxury items above Rs 10 lakh to attract 1% TCS

Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. Photograph: Henry Nicholls/Reuters TCS at 1 per cent

T T Ram Mohan: Tariffs are integral to Trump’s vision for US economy

Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional, asserts T T Ram Mohan. IMAGE: US President Donald Trump salutes as he attends the annual White House Easter

Belgian court rejects Mehul Choksi’s bail plea

A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case. Photograph: ANI Photo The three-judge bench, which conducted the hearing in Dutch, ruled against