Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff
Gold prices rose by Rs 70 to hit yet another record high of Rs 98,170 per 10 grams in the national capital on Thursday amid firm global demand, according to the All India Sarafa Association. Photograph:Heinz-Peter Bader/Reuters On Wednesday, the
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. Photograph: Mike Blake/Reuters The visit, which comes
India’s second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore
Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president
Gensol Engineering’s promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives,
iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Photograph: Lucas Jackson/Reuters Globally, Apple has set a goal to replenish
Equity benchmark indices Sensex and Nifty closed higher for the third straight day on Wednesday following buying in blue-chip banking stocks and fresh foreign fund inflows as retail inflation slipping to near six-year lows raised hopes of further rate cuts.
Wholesale price inflation declined to a 6-month low of 2.05 per cent in March as prices of vegetables, potato and other food items eased, government data showed on Tuesday. Photograph: Amit Dave/Reuters Wholesale price index (WPI) based inflation was 2.38
India’s exports turned positive after four months recording a marginal 0.7 per cent increase to $41.97 billion in March, while the trade deficit widened to $21.54 billion, the government data showed on Tuesday. Photograph: Wolfgang Rattay/Reuters Imports increased by 11.3
