Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan. Photograph: Shailesh Andrade/Reuters The 30-share Sensex declined by 411.97 points
S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support. Photograph: Sharafat Ali/Reuters S&P, which rates
Average housing prices across Mumbai Metropolitan Region (MMR), Delhi-NCR, Chennai and Pune remained stable during the January-March period compared to the previous quarter while rates appreciated 4-5 per cent in the other four major cities, according to PropTiger. Illustration: Dominic
The government has issued Letter of Intent to Starlink for satcom services, sources said on Wednesday. Illustration: Dado Ruvic/Reuters Starlink is a satellite internet service developed by SpaceX — the American aerospace manufacturer and space transportation company founded in 2002
India, the world’s third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy rates continues, Icra said Wednesday.
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. Kindly note the image has been published
Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday due to profit booking, mainly in banking and oil shares, and investors staying on the sideline amid escalating tensions between India and Pakistan. Photograph: Arko Dutta/Reuters Snapping
India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. Illustration: Uttam Ghosh/Rediff The other regions and countries with which India has signed such agreements include the
India and the UK on Tuesday sealed an ambitious free trade deal along with a double contribution convention with Prime Minister Narendra Modi saying that the landmark pacts will catalyse trade, investment, growth and job creation in both the economies.
Shriram Finance’s (SHFL’s) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). Photograph: Kind courtesy Shriram Finance/Instagram The FY25 PAT (excluding exceptional gain) grew 15
