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Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…

PTI   


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Sensex and Nifty extend losses amid inflation woes and FII selling pressure

Despite domestic investors buying shares, sectors like FMCG and energy faced pressure. However, rea…

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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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Konkan's cashew industry faces uphill battle with rising costs, labor shortages and limited raw material

In recent years, however, the Konkan region's once-thriving cashew processing industry has faced es…

ANI   


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India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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Market Morning: JSW Steel, UltraTech Cement in action

Grasim, Dr. Reddy's, JSW Steel and Tata Steel were amongst the other stocks that were trading in gr…

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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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Facing fines, PSUs tell stock exchanges power to appoint directors vests with govt

Public sector undertakings (PSUs) that have been fined by stock exchanges have told them that the a…

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Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Rupee falls 1 paisa to close at 83.50 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.52 and hit the intraday h…

PTI   


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Closing call: Nifty, Sensex end on a flat note, IREDA, Hindalco and Airtel shine

Out of the 2,741 stocks traded during the day, 1,204 saw advances while 1,457 saw declines. 80 rema…

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SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…

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Muhurat trading 2024: 5 stock picks you can consider this time around

Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…

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4 mins read

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

The profit was, however, higher quarter-on-quarter when compared to Rs 17,265 crore in October-…

PTI   


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Oil India's Dibrugarh oil fields start operations after 15 years

After almost 15 years, state-owned Oil India Limited's (OIL) Khagorijan oil field in eastern Assam'…

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Coal India embarks on overseas acquisition of critical mineral assets

In a bold move to diversify its operations and integrate further into the value chain, Coal India L…

PTI   


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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI