23 C Business News
View News by News Source
Mint Explainer | Dirty air trick: How North Indian rice farmers outsmart satellites
With 28,000 square kilometres of crop area lit in 2025 in Punjab and Haryana, the contribution of farm fires to North Indias bad air is likely to
AI bubble or euphoria? Howard Marks warns you not to bet the house on future
Howard Marks says AI may be a transformational inflection bubble, urging investors to avoid going all-in or all-out. He highlights soaring valuat
Telangana CM sanctions 1,000 cr for Osmania University revamp
The historic University will be developed as a global institution in infrastructure, academic excellence
India, US step up talks on bilateral deal, trade ties
Indias Commerce Secretary Rajesh Agrawal met U.S. Deputy Trade Representative Rick Switzer in New Delhi to advance negotiations on a bilateral tr
Vikas Khemani warns that nearly 80% of upcoming IPOs are poor-quality businesses, saying only a handful are worth investor attention. With Indias
CBI exposes Chinese-led cyber syndicate in 1,000 cr HPZ token fraud
The scam was orchestrated through a fake mobile application titled HPZ Tokens, launched by Shigoo Technology Pvt Ltd, a company reportedly owned
Brookfield India REIT raises Rs 3,500 cr via QIP
Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to investors and will use this amount to fund the acquisition of a
Rupee falls 9 paise to close at 89.96 against U.S. dollar
Commerce and Industry Minister Piyush Goyal on Wednesday (December 10) said talks with the U.S. on the proposed bilateral trade agreement are pro
Free Trade Agreement talks with Oman, New Zealand at last leg: Piyush Goyal
Sensex, Nifty extend losses for third day as fag-end selloff erases gains
The 50-share NSE Nifty fell by 81.65 points, or 0.32%, to close at a month's low of 25,758. In the intraday session, it hit a high of 25,947.65 a
SBI Mutual Fund begins process to rope in merchant bankers for IPO
SBI Mutual Fund, the biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilit
Meesho shines on debut with 53% gains; Aequs, Vidya Wires also gain
Meesho shares close at 170.20 on the BSE, and at 170.09 on the NSE
Gold price today: How much 22K, 24K costs in Delhi, Mumbai - Check rates
Gold prices experienced a mixed trend on Tuesday, with domestic futures seeing a slight increase while international rates declined. February gol
Kaynes Tech selloff spills to Dixon Tech, Amber, PG Electroplast as shares fall up to 9%
Shares of EMS companies Dixon, Amber, and PG Electroplast declined sharply on Wednesday, tracking the fall in Kaynes Technology and extending the
IndusInd Bank chairman Sunil Mehta to step down in January: Report
IndusInd Bank Chairman Sunil Mehta plans to resign after his term ends amid significant losses and governance issues. The bank is undergoing rest
DGCA summons IndiGo CEO Pieter Elbers to explain mass flight cancellations
Elbers has been instructed to submit a complete report and appear before the DGCA on December 11, 2025
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026, su
Elon Musk's Starlink is set to launch satellite internet in India, with prices expected between Rs 2,500-3,500 monthly for consumers. The company
Krystal Integrated Services wins 9-crore sanitation contract from Jindal Steel
The contract covers comprehensive cleaning and maintenance of toilets across Jindal Steels Jindal Nagar facility in Odisha
Rupee falls 9 paise to close at 89.96 against US dollar
At the interbank foreign exchange market, the rupee opened at 90.00, then fell to an intra-day low of 90.10 against the US dollar and finally set
Temasek, top funds bid in Swiggys $1.1 billion share sale
Global investors including Temasek and Capital Group, along with major Indian asset managers such as SBI MF, ICICI Prudential, and HDFC AMC, have
Indian rupee dips after choppy trading, Fed's rate decision in focus
The Indian rupee slipped on Wednesday, ending a session of back-and-forth price action shaped by portfolio flows, likely maturity of positions in
Silver price today: Silver crosses Rs 1.91 lakh mark; hits new lifetime high
Silver futures hit a new record high on Wednesday, fueled by investor optimism for US Federal Reserve rate cuts and tight supply. Gold prices als
Over two lakh entities recognised as startups by government so far
The Commerce and Industry Ministry said that the recognised units under the Startup India initiative are eligible to avail incentives such as inc
Starlink can bring fast and reliable internet even to places where cables cannot be laid. However, Jio and Airtel already cover more than 90 per
India and the European Union are moving closer to a free trade agreement. A preliminary outline is ready. Both sides are keen on an early deal. D
Vietnam raises $302 million in government bond auction
Vietnam's State Treasury raised 7.95 trillion dong ($302 million) in a weekly government bond auction on Wednesday, up from $298 million raised l
Germany's 10 year yield hits fresh nine-month high, Fed in focus
Germany's 10-year borrowing costs hit fresh multi-month highs on Wednesday as traders price out any chance of further European Central Bank rate
SpiceJet plans to add 100 more daily flights to meet winter demand
The airline said it is looking to ramp up its flight operations amid the growing demand across key routes this winter, and also to ensure adequat
IPO verdict: Meesho has levers, Aequs has margins, Vidya Wires needs time, says Sunny Agrawal
SBI Cap Securities Sunny Agrawal assesses the market debuts of Meesho, Aequs and Vidya Wires, calling Meeshos 45% listing gain strong but advisin
Park Medi World IPO Day 1: Issue subscribed nearly 40% so far. Check GMP, review & other details
Park Medi Worlds IPO, valuing the hospital chain at Rs 920 crore, saw a 39% subscription on Day 1. Trading at a grey market premium of Rs 21-22,
Air India admits compliance culture needs overhaul after flying without permit
An Airbus A320 flew passengers between New Delhi, Bengaluru, Mumbai and Hyderabad on November 24 to 25 without the mandatory Airworthiness Review
India-US trade talks progressing, US team in Delhi for negotiations: Goyal
A delegation led by Deputy US Trade Representative Rick Switzer is in the national capital for two-day trade talks with his Indian counterpart Ra
Looking for least expensive stocks? Here are top 5 with lowest price-to-earnings ratio
Five stocks currently trade at among the lowest price-to-earnings levels, indicating relatively inexpensive valuations. Power Finance Corporation
AI chip smuggling crackdown: Nvidia builds location-tracking tech; Monitor entire AI GPU fleet
Nvidia is set to introduce a pioneering location verification tool for its AI chips, an initiative influenced by US calls to restrict advanced te
DGCA asks IndiGo CEO to appear on December 11 with full data on flight disruptions, updates
IndiGo has been asked to present information on flight restoration, recruitment plan of pilots and crew, with updated position of pilot and cabin
Kia Seltos unveiled in India, bookings open from Dec 11
Hyderabad: Kia India on Wednesday unveiled the all-new Kia Seltos, marking the return of what it calls the benchmark-setter in the segment. The c
11 stocks surge over 50% in 3 months, 3 become multibaggers Do you own any?
Eleven high-momentum Indian stocks surged over 50% in three months, with three turning into multibaggers, highlighting standout performers amid b
SpiceJet to add 100 additional daily flights in winter schedule amid IndiGo disruption
In its statement, SpiceJet said that, due to rising demand for air travel across key routes this winter, it is launching 100 additional daily fli
Satya Nadella says India must control its own destiny as the company expands AI and cloud infrastructure
State Bank of India MD says Account Aggregators single consent mechanism not okay
SBI MD warns of ban if there are no proper safeguards
What to do when banks refuse to reduce home loan interest rates
While banks use varied benchmark rates, they often slow interest rate reductions and cut EMIs, but not tenure. Borrowers can still benefit from t
MNRE asks REIAs to move from vanilla-solar energy tenders
Solar-plus-storage configurations are also being preferred over wind-solar hybrid projects, particularly due to their ability to supply power dur
India-US trade deal: US team in Delhi; Piyush Goyal shares important update, says talks are
India and the US are actively pursuing a bilateral trade agreement, with a US delegation currently in Delhi for crucial discussions. Both nations
IndiGo crisis: Delhi HC tells airline to begin passenger compensation, flags surge in airfares
The court also asked how other airlines could take advantage of the crisis situation and charge hefty sums for tickets from the passengers
Large Indian refiners return to Russian crude as discounts deepen
IOC, BPCL and others pick up fresh Urals cargoes while Reliance steps back from a once-dominant trade
RBI rate cut: Time to rethink your home loan strategy?
The latest RBI rate cuts will particularly benefit borrowers who took home loans in 2020-2022 at rates of 6-6.5%, but saw the rates rise to 9-9.5
Rough outline ready: India, EU committed to early conclusion of FTA negotiations, says Goyal
India and the EU are nearing a free trade agreement, with a rough outline now prepared. Commerce Minister Piyush Goyal expressed confidence in an
Hindalco, Tata Steel lift metals as HDFC Bank, IndiGo drag markets in volatile session
Of the 3,115 stocks traded on the NSE, nearly 1,621 stocks advanced, 1,400 declined and 84 remained unchanged
RBI floating rate savings bonds explained: Returns, eligibility and key rules
The government introduced RBI floating rate saving bonds for individual investors in 2020, replacing the 7.75% savings bonds.
US Fed FOMC Meeting: Powell's speech live time, date, expectations & where to watch
US Fed December 2025 Meet: The US Federal Reserve has begun its two-day policy meeting, with the rate decision due Wednesday. After a 25 bps cut
Nephrocare Health IPO Day 1: Issue subscribed 7%; no GMP. Should investors apply?
Nephrocare Health IPO consists of a 353-crore fresh issue and a 518-crore offer for sale. Of the fresh issue funds, Nephrocare Health Services in
After 12 long years, NSEL investors hopes of getting back their money brightens
NCLT clears 1,950-crore one-time settlement scheme proposed by 63 moons
Indias tea exports rise 6.5% during Jan-Oct to 228.52 million kgs
In value terms, the tea shipments stood at 6882.91 crore for the Jan-Oct period, an increase of 18% over corresponding last years 5831.1 crore
One out of 5 shopping centres vacant over 40% across 32 cities: Knight Frank
There are 74 ghost shopping centres -- those with vacancy of more than 40 per cent -- out of 365 such retail properties across the top 32 cities,
The Mutual Fund Advisor: Choosing the right fund: A 5-step shortcut that actually works
Forget quick tips; a decade-long investment requires a structured approach. The article outlines a five-step checklist, starting with fund catego
Indias FY26 growth aim goes up to 7.2% as tax cuts fuel demand: ADB
India's economic growth forecast for FY26 has been boosted to 7.2 percent by the Asian Development Bank. This upgrade is driven by robust domesti
European shares slip on caution ahead of Fed decision
European shares inched lower on Wednesday, as investors refrained from placing big bets ahead of the U.S. Federal Reserve's interest rate decisio
817 credit score: The hidden advantages and loan offers you can expect
An 817 credit score unlocks faster approvals, lower interest rates and access to premium credit products, highlighting how strong financial disci
ADB lifts Indias growth forecast for FY26 by 70 bps to 7.2%
Strong domestic consumption, tax cuts, and faster-than-expected Q2 growth drive sharp upward revision
India-US trade talks progressing, US team in Delhi for negotiations: Piyush Goyal
India and the US are progressing in talks on a bilateral trade agreement (BTA), with US officials visiting New Delhi for two-day negotiations. Th
IndiGo faces potential competition law investigation following thousands of flight cancellations due to crew shortages. India's competition watch
Meeshos growth story is still in its early stages: Vidit Aatrey
Meesho is democratizing internet commerce in India. The company aims to bring millions of businesses and hundreds of millions of consumers online
Some Indian IPOs are being mispriced: Barclays India CEO
Concerns around stretched valuations have intensified in recent weeks, most notably with Lenskart Solutions Ltd., the eyewear retailer founded by
Renaissance Investment Managers CIO Pankaj Murarka expects Indian markets to deliver low-teens returns as growth resets and valuations peak. He s
Mr. Nadella has announced an investment of $17.5 billion by 2030 to help build infrastructure and sovereign capabilities for India's AI-first fut
Commercial tower in Dubai named after Shah Rukh Khan sold out for over Rs 5k cr
The echoes of success resonate throughout Dubai, as Danube Group announces the total sell-out of their landmark project, 'SHAHRUKHZ by Danube'. T
IndiGo cancels over 60 flights from Bengaluru despite CEO claiming operations stable
IndiGo has cancelled 61 flights on Wednesday, including 35 arrivals and 26 departures, a source said
Waaree Energies becomes first Indian solar panel manufacturer to hit 1 GW monthly output
Waaree has domestic capacity of 19.7 GW and 2.6 GW in the US, taking the total capacity to 22.3GW globally
It added the company was extending all possible assistance to the family members of the deceased and missing crew member
Pakistan economy regains short-term stability; still burdened by high debt, weak investment: IMF
Pakistans population also continues to grow at a high pace, with mid-2025 official figures citing 2.55%, while World Bank data points to 1.8-1.9%
Japan's Topix index touches record high in tentative trade before Fed, BOJ
Japan's Topix stock index reached an unprecedented high on Wednesday before paring gains. Investors are closely watching central bank decisions i
Corona Remedies IPO demand soars nearly 32x while Wakefit struggles at 0.60 times on closing day
Corona Remedies was commanding robust demand with an overall subscription of 31.59 times, while Wakefit trailed with a more subdued 0.60 times su
India's new flight duty norms appear more restrictive compared to other jurisdictions: IATA DG
The second phase of the Flight Duty Time Limitations (FDTL) norms have restricted the number of night landings a pilot can make, among other aspe
SpiceJet is significantly boosting its winter operations, adding up to 100 daily flights to meet surging demand amid IndiGo's widespread cancella
Nephrocare Health Services IPO receives muted response on Day 1
The issue was subscribed just 0.04 times by midday on Wednesday
Australian shares edge lower as rate hike concerns loom
Australian shares closed marginally lower as caution over a higher-for-longer interest rate outlook and the upcoming U.S. Fed decision weighed on
Vidya Wires shares gain 12% after flat market debut. What should investors do?
Vidya Wires shares surged 12% after a flat debut, listing at its IPO price of Rs 52. The Rs 300-crore IPO saw strong demand, with investors advis
Kaynes Technology slipped 6% on Wednesday, reversing yesterdays brief rebound and extending a bruising week-long slide triggered by governance co
US stock market in 2025: A volatile year led by tech and AI
The US stock market in 2025 experienced significant ups and downs. Technology and AI companies led the charge, driving major indices to strong ye
Amazon to invest $35B in India by 2030
Amazon has announced plans to invest over $35 billion in India by 2030.
SpaceX plans $30B IPO in 2026 at $1.5T valuation
SpaceX, Elon Musk's ambitious space exploration company, is gearing up for an initial public offering (IPO) in mid-to-late 2026.
Slack chief heads to OpenAI as its chief revenue officer
Denise Dresser, the current CEO of Slack, is set to join OpenAI as its new Chief Revenue Officer (CRO).
Fed likely to cut interest rate by 25 bps in 2025s final policy - what it means for Indian markets
The US Federal Reserve is widely expected to announce a 25 bps rate cut on Wednesday, its final policy decision of the year. Policymakers face th
Meesho's shares list at 46% premium: Hold or book profit?
Meesho, a SoftBank-backed e-commerce platform, has made a stellar debut on the stock market today.
India's strong growth, tech demand brighten prospects for developing Asia: ADB
ADB projects that the region will grow at 5.1% in 2025, up from 4.8% forecast in September; it has also raised the growth forecast for 2026 to 4.
Despite recent operational disruptions and flight cancellations, HSBC maintains a 'Buy' rating on InterGlobe Aviation, citing the airline's stron
Bitcoin steady near $92K; Ethereum rallies past $3,300 ahead of Fed policy outcome
Bitcoin and Ethereum surged ahead of the US Fed policy outcome, with Bitcoin nearing $92,000 and Ethereum jumping nearly 7%. Major altcoins also
