Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Benchmark BSE Sensex soared by 1,006 points to close above 80,000 level on Monday as a sharp rally in Reliance Industries and private banks, and foreign fund inflows helped stock markets cut short two days of fall amid India-Pakistan border

India draws up blueprint to reduce US trade surplus

Govt nudges industry stakeholders to raise imports from Washington Photograph: Martin Pollard/Reuters India is exploring strategies to reduce its over $40 billion trade surplus with the US – a key concern for the Donald Trump administration — to fast-track the

Accounting lapses in derivatives to cost IndusInd Bank Rs 1,960 crore in FY25

IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. Photograph: Anushree Fadnavis/Reuters A bank-appointed external auditor has determined cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as

Factors that will drive the markets this week

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week,

The Stunning Mumbai Airport’s Terminal 2!

With 5,500 pieces, the art museum at Mumbai’s T2 is one of Asia’s largest public art projects. Ahead of World Heritage Day, a walk through its mural-filled corridors. Photographs: Rajesh Karkera/Rediff Unless they miss a flight or two, many of

Algorithmic management of work led to decline in job quality: ILO report

Algorithmic management (AM) in India has led to a decline in job quality, with “clear” evidence of increased monitoring, surveillance and work intensity, noted International Labour Organisation (ILO) in its latest report. Illustration: Uttam Ghosh/Rediff Citing a 2024 joint study

Amid global layoff, Google may rejig roles in Bengaluru, Hyderabad offices

Google is likely to rejig the roles of some of the engineering talent from its Hyderabad and Bengaluru offices and move some of its employees to more revenue-generating projects instead of letting them go for now, sources told Business Standard.

Industry bodies seek safeguards against influx of Chinese goods

Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks. Photograph: Soo Hoo Zheyang/Reuters Though the recent volume of most

Skoda India gears up for EV play with local push

Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). IMAGE: Skoda’s new SUV, the Kylaq. Image used for representation purpose only.

Forex reserves swell $8.31 bn to $686.14 bn

India’s forex reserves jumped $8.31 billion to $686.14 billion for the week ended April 18, the RBI said on Friday. Illustration: Dado Ruvic/Reuters This is the seventh consecutive week of a rise in the kitty, which had jumped by $1.57