Business News

FPIs withdraw 13,100 crore from equities in 2 weeks

Companies hunt for margin, pricing balance

RBI: Only disputed amount can be frozen under new norms

From policy to code: DPDP creates new privacy roles

Bank holiday on Ganesh Chaturthi: Where are banks closed on September 14? Check state-wise list

On September 14, banks in various Indian states will shut down in observance of Ganesh Chaturthi. It's important for customers to check their specific branch's holiday hours, as additional regional…

India completes its 2,843 km Dedicated Freight Corridor network; why it’s a game-changer for railways

India's Dedicated Freight Corridor project has finally reached a milestone that was years in the making. With the commissioning of the last remaining sections of the Western Dedicated Freight…

India’s semiconductor sector attracts $1.4 billion in funding across 281 companies

India's semiconductor sector has attracted $1.4 billion in equity funding across many companies. Nearly half of this investment occurred since 2025, showing rapid growth. The nation is preparing to…

FPIs turn sellers again: Rs 13,138 crore pulled out of Indian equities

In 2023, foreign portfolio investors have pulled out an astonishing Rs 2.37 lakh crore from Indian equities. The latest round of selling experienced in early September is attributed to global…

Stock market outlook: Fed, crude prices and more to guide Dalal Street this week

Dalal Street is gearing up for a condensed trading week, with investors keenly awaiting pivotal global and domestic data. The focus will be on the US Federal Reserve's interest rate decision and…

India supplies 70% of Russia’s record fuel imports as Ukrainian drones hit refineries

In August, India became Russia's largest supplier of fuel amidst significant disruptions to Russia's domestic production caused by drone attacks from Ukraine. Remarkably, India accounted for seventy…

Also covered by: The Hindu - Industry

India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge

India's gem and jewellery exports saw a 3.14% increase in August, reaching $2.30 billion. This growth was primarily fueled by a significant rise in studded gold jewellery shipments. Diamond export…

Brics 2026: Piyush Goyal hails unanimous adoption of New Delhi Declaration

At the latest summit, BRICS leaders unanimously endorsed the New Delhi Declaration, marking a significant step toward a resilient strategic partnership. This declaration focuses on fostering…

HDFC Bank sends names of 2 CEO candidates to RBI

HDFC Bank has presented two candidates to the RBI for the upcoming role of managing director and CEO. The board has also sanctioned the promotion of Jimmy Tata to executive director while seeking an…

RBI rejects Tata Sons' bid to stay private, directs listing

Tata Sons' bid to relinquish its core investment company registration has been turned down by the Reserve Bank of India, pushing the Tata Group's holding firm nearer to a public stock offering. Tata…

Sebi for changes to CAS timing, derivatives settlement prices

Sebi has put forth new proposals aimed at modifying the Closing Auction Session timings and derivatives pricing. Following the recent launch of the session, traders have noted an uptick in market…

Brics nations to have a common currency? Here’s what MEA said

Brics nations are discussing local currency trade settlements to reduce transaction costs. There is currently no proposal for a common Brics currency among member states. This initiative aims to…

Canada 'wants to make a deal very badly,' says Donald Trump

President Trump stated Canada desires a trade deal soon and wants farmers treated better. He also expressed a wish for Ireland to be unified eventually. Trump met with Irish Prime Minister Micheal…

Zomato introduces additional fee for cash-on-delivery orders

Data centre boom: India’s infrastructure opportunity could hit $90 billion

India's data centre industry is poised for a substantial $90 billion opportunity by FY35, catalyzed by rising demand for construction, cooling, and power infrastructure. The surge in artificial…

CAS closing price under review: Sebi proposes 2 options for expiry settlement

The Securities and Exchange Board of India (Sebi) is actively exploring modifications to how derivative settlement prices are calculated. Two alternative methods are currently up for review, inviting…