Sensex ends down 314 points due to selling in IT and auto shares

Stock markets closed lower for the third consecutive session on Tuesday with the benchmark Sensex sliding nearly 314 points due to selling in IT and auto shares as foreign fund outflows dampened investor sentiment. Photograph: Francis Mascarenhas/Reuters In a volatile

Moody’s cautions about tax cut impact on Indian economy

Moody’s Ratings on Tuesday said tax cuts in the current fiscal has dented India’s revenue growth, leaving less scope for fiscal policy support for the economy. Photograph: Anushree Fadnavis/Reuters “Revenue growth has been fairly weak and there are probably some

Auto: Tata Sierra stuns with head-on collision safety display

The wait is finally over. After teasing enthusiasts at the Bharat Mobility Expo 2025 and a spectacular unveiling at the historic Mukesh Mills in Mumbai, the Tata Sierra is officially here at an inaugural starting price of Rs 11.49 Lakh

How New Labour Code Will Change The Workplace

India’s labour landscape is undergoing one of the biggest transformation in decades. The government has consolidated 29 pre-Independence and early post-Independence labour laws — many of them drafted between the 1930s and 1950s — into four comprehensive labour codes: the

Centre races to rescue failing power discoms

After four failed reform drives, a new plan aims to rescue India’s debt-laden power discoms through privatisation, accountability and long-term financial fixes. Kindly note the image has been published for representational purposes only. Photograph: Reuters For the electricity sector in

Air India expects to induct 26 new planes in 2026: CEO Campbell Wilson

Air India Group expects to induct 26 wide-body and narrow-body planes, and operate 81 per cent of its international flights with upgraded aircraft by the end of 2026, while overall capacity will remain almost unchanged next year. “2026 will be

Sensex drops over 331 points on last-minute selling

Benchmark stock indices Sensex and Nifty declined on Monday amid last-minute selling by cautious investors and lack of any major triggers. Photograph: Danish Siddiqui/Reuters Paring early gains, the 30-share BSE Sensex declined by 331.21 points or 0.39 per cent to

Neville Tata Steps Out Of Shadow

As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards. Illustration: Dominic Xavier/Rediff   One can often find Neville Tata, 32, the new trustee of the Sir Dorabji Tata Trust and

Forex reserves jump $5.54 bn to $692.57 bn

India’s forex reserves jumped $5.54 billion to $692.57 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday. Photograph: Lisa Marie David/Reuters The overall reserves had dropped

Why steel tycoon Lakshmi Mittal is leaving UK

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shake-up for the super-rich nears, according to