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
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance
Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. Photograph: ANI Photo The country’s
Airlines waive cancellation and rescheduling fees and boost flight capacity from Srinagar. IMAGE: An Indigo aircraft arrives at the Srinagar airport. Photograph: Adnan Abidi/Reuters Airfares from Srinagar have seen a “notable reduction” in the past two days, with a Srinagar–Delhi
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
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’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
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
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
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
