Business News
Indian equities extended their decline for a second consecutive session on Tuesday, with both the Sensex and Nifty closing lower. Persistent fore
PM Modi proposes to double India-Jordan trade to $5 billion in next 5 years
King Abdullah II noted that Jordans free trade agreements and Indias economic power could be combined to create an economic corridor between Sout
VC firm Lightspeed raises $9B to invest in new-age start-ups
Lightspeed Venture Partners, a leading global venture capital firm, has raised over $9 billion across six multi-stage funds.
BHIVE to raise Rs 400 crore pre-IPO fund to accelerate expansion and IPO listing
Coworking major BHIVE Workspace is in advanced talks to raise up to Rs 400 crore in a pre-IPO round, combining debt and equity funding. The capit
Streaming platforms are playing it safeand new shows are paying the price
Streaming originals are experiencing a decline in weekly viewership as platforms rely on established franchises, leading to audience saturation.
Silver breaks 40-year trend, surges ahead of oil for first time. How far can this rally go?
Silver has surpassed crude oil in price for the first time in over four decades, driven by a powerful rally fueled by industrial demand, safe-hav
Gold, silver futures drop as investors book profits ahead of US data
On the Multi Commodity Exchange, gold futures for February delivery fell by 341, or 0.25 per cent, to 1,33,789 per 10 grams in a business turnove
Gujarat Kidney and Super Speciality has set a price band of 108114 for its 251 crore IPO, which will open for subscription from December 22 to 24
Gold prices saw a decline in futures trade as traders booked profits and awaited the US non-farm payrolls report for clues on the Federal Reserve
Vedanta shares jump 4%, hit 52-week high after NCLT approves demerger plan
Vedanta shares surged to a 52-week high after the NCLT approved its demerger plan, creating five distinct entities. This approval provides signif
Elon Musks net worth surged past $600 billion after a sharp one-day jump, driven by a major revaluation of SpaceX. The rise has widened the gap b
National Herald case: Delhi court declines cognisance of ED chargesheet against Gandhis
ED to file an appeal against Special Judge Vishal Gogne order which said the chargesheet was based on a probe into a complaint by a private indiv
Gujarat Kidney and Super Speciality IPO to open on December 22, price band set at 108114
The company has fixed the price band at 108 - 114 per equity share, with a face value of 2 each
India's private sector growth slows to 10-month low in December
India's private sector activity witnessed a major slowdown in December, marking its weakest growth in 10 months.
These 9 stocks added by over 15 MFs in November 25 surge up to 115% in FY26. Do you own any?
Mutual funds stepped up equity buying in November 2025, adding nine stocks across multiple schemes amid strong inflows. These stocks witnessed ri
Wealth Company MF launches gold ETF linked to domestic prices
The New Fund Offer will be open for subscription from Tuesday to December 22
Japan's Nikkei slumps as AI stocks tumble ahead of US jobs data
Japan's Nikkei share average dropped more than 1% on Tuesday, weighed down by declines in chip and other artificial intelligence-linked stocks ah
One nation, one portfolio: How AI biases could leave us all holding the same bag
Generative AI is quietly reinforcing one of our most persistent investing biases familiarity thanks to inherent disparities in training data. I
Largecaps seen as safer harbour in stock pickers market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-u
European shares edge lower ahead of crucial US jobs data
European shares drifted lower on Tuesday, pulling back after robust gains in the previous session, while investor caution ahead of crucial U.S. j
Zepto to file $500M IPO in India next week
Zepto, a significant player in the grocery delivery space, is gearing up to file for an initial public offering (IPO) worth some $500 million.
A-1 Ltd fixes Dec 31 as record date for bonus, stock split
Shares of the company were up 5% at 2,055 on Tuesday
Equity markets offer selective opportunities across autos, banks and consumption, says Sandip Sabharwal. He prefers Bajaj Auto on export-led marg
TTML shares jump 12% on heavy volume
The telecom services provider, which operates under the Tata Tele Business Services brand, has seen its stock climb into the top gainers list on
PB Fintech shares decline 6% amid reports of regulatory push to cap insurance agent commissions
PB Fintech shares fell amid concerns that the proposed Insurance Bill 2025 could allow IRDAI to cap insurance agent commissions, raising regulato
IT, FMCG and Pharma offer better risk-reward in near term: Nitin Bhasin
Market expert Nitin Bhasin anticipates a phase of moderation for 2026, with largecaps likely to trade sideways while midcaps and smallcaps face s
Indian rupee breaches 91 against USD, hits lifetime low
The Indian rupee has hit a new record low, breaching the 91-per-dollar mark for the first time.
Sugar production touched 78.25 lakh tonnes in the first 75 days of the current sugar marketing season as against 61.28 lakh tonnes last year
Russia seeks to buy more from India to beat Wests sanctions, use surplus rupee balance
Russian companies from sectors such as food, agri, home textiles, auto parts, footwear, to come for a follow-up visit in January, say exporters
Sensex, Nifty stay under pressure, Axis Bank, JSW Steel among top losers
Market breadth remained weak, with 3,083 stocks traded during the session
Luxury goods company Kering and Ardian finalise New York property deal
Gucci owner Kering and private equity firm Ardian said on Tuesday they had completed a joint venture agreement for a New York property deal value
Gross office absorption in India to cross 80 million sq ft in 2025, GCCs lead
Gross office absorption in India is expected to cross 80 million square feet in 2025, reaffirming the country's position as a global talent and e
Indri maker Piccadily Agro under pressure as stock slips in trade
The stock traded near 560 after opening higher, with selling pressure emerging as the session progressed.
Why US has suspended its 31B tech investment in UK
The United States has temporarily suspended its multi-billion-pound investment in British technology, a major blow to US-UK relations.
Meet Archna Vyas, Gates Foundation's first woman India director
The Bill & Melinda Gates Foundation has announced the appointment of Archna Vyas as its new Country Director for India.
HDFC Bank can now acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved a plan by HDFC Bank's subsidiaries to acquire up to a 9.5% stake in IndusInd Bank.
This OpenAI-backed biotech company has raised $130M at $1.3B valuation
Chai Discovery, a biotech start-up backed by OpenAI, has raised $130 million in a Series B funding round at a $1.3 billion valuation.
Zepto said to plan filing for $500 Million India IPO next week
The 10-minute delivery platforms offering is expected to include a fresh issue as well as secondary share sales by existing investors, with proce
India's business expansion continued in December, though at a moderated pace. The composite PMI index dipped to 58.9, reflecting slower growth in
Parliament Winter Session: Govt tables bill for new rural employment policy set to replace MGNREGA
A new rural employment bill, VB-G RAM-G, was introduced in Lok Sabha by Union Minister Shivraj Singh Chauhan. This bill is set to replace the exi
IPL 2026 to be held between March 26 and May 31 window
The mini-auction for IPL 2026 will be held in Abu Dhabi today with three-time winners Kolkata Knight Riders coming in with the biggest purse
ICICI Prudential AMC IPO sails through with 5.81x subscription so far on final day
Strong demand from institutional and non-institutional investors boosts momentum
Shakti Pumps surges 4.5% on orders worth 539 crores
The stock has gained 37.51 per cent over the past week
Third largest economy soon! PM Modi highlights Indias growth story in Jordan - growth above 8%
Prime Minister Modi announced India's economic ascent, projecting it to become the world's third-largest economy with over 8% growth fueled by pr
OpenAI's communications chief resigns amid ongoing leadership churn
OpenAI's Chief Communications Officer (CCO), Hannah Wong, has announced her decision to leave the company in January 2026.
SEPC bags 270-crore North Western Railway project
The order has been awarded to the VPRPLSBEL joint venture, with SEPC responsible for executing formation and civil works on the MandpiyaChanderiy
MB Bank implements Nucleus Softwares debt collection platform
The shares of Nucleus Software Exports Limited were trading on the NSE today at 949.25 up by 22.40 or 2.42% at 12.30 pm
Marine exports see 20% growth in past few months: Piyush Goyal
In the last 12 months, 102 marine fish export establishments have been registered in the European Union, a bloc of 27 nations, says Piyush Goyal
Bengaluru gives India another billionaire. Who is IIT engineer & Meesho cofounder Vidit Aatrey?
Meesho co-founder and CEO Vidit Aatrey has joined Indias billionaire club after the newly listed e-commerce firms shares surged 13% to a fresh hi
Hindustan Zinc shares have surged on a record rally in silver prices, rising 15% in six sessions and adding 32,000 crore in market value, as silv
Indian investors increasing widening their investment portfolio in overseas market: Report
According to the report, broadening access to research, digital tools, and education has played a critical role in shaping this shift, especially
Sensex falls 395 points, Nifty slips below 25,910 amid weak global cues
Broader markets underperformed, with midcap and smallcap indices declining sharply
SEPC shares zoom 8% on Rs 270 crore railway order win from North Western Railway
C jumped after the company won a 269.69 crore railway infrastructure contract for the AjmerChanderiya Doubling Project under North Western Railwa
Elon Musk has become the first person ever worth USD 600 billion, fueled by the success of SpaceX, Tesla, and his AI startup xAI. SpaceX's potent
Women to emerge as major consumer force
The addition of 11 crore women to Indias workforce will fundamentally reshape consumption patterns across all sectors
KSH International IPO sees muted demand at 7% subscription by midday
The company is aiming to raise 710 crore through the public issue, which is priced in a band of 365 to 384 per share
Budget 2026: How Union Budget can establish foundation for sustainable growth - top expectations
India's 2026-27 Union Budget could be historic, shifting focus to the debt-to-GDP ratio for increased spending. The expert expects simplified inc
Elon Musk on way to becoming worlds first trillionaire
New Delhi: Tesla and SpaceX CEO Elon Musk has taken another step towards becoming the worlds first trillionaire, according to reports. With his c
India's exports surged 19.4% in November, defying US tariffs, with shipments to China and the US showing significant growth. Engineering and elec
Historic low! Rupee breaches 91-mark for the first time; currency reaches 91.07 against US dollar
The Indian rupee hit an all-time low, breaching 91 against the US dollar amid sustained foreign fund outflows and trade uncertainty. The currency
Goa nightclub blaze: Luthra brothers deported from Thailand amid probe
The brothers, who had left India after the December 6 blaze, were detained in Phuket following intervention by the Indian mission.
Indias natural gas demand to decline by 4-5% in 2025
According to Balance Point Research, gas demand in Indias nearly 200 million standard cubic meters per day (MSCMD), or roughly 7 billion cubic fe
Himgiri Plantation fraud case: Main accused arrested in Uttarakhand after decades
Superintendent of Police Surjit Singh Panwar said Mohan was on the run since 2001 after allegedly duping investors by promising high returns thro
Rupee Breaches 91-Mark Against US Dollar For First Time In Intra-Day Trade
The rupee plunged 36 paise to breach the 91-mark against the US dollar for the first time in intra-day trade on Tuesday, weighed down by sustaine
Rupee hits new record low, slips past 91-mark against US dollar for first time today
The Indian rupee reached a new low against the US dollar on Tuesday. Foreign institutional investors are selling Indian assets. Uncertainty over
B. Sairam takes over as new chief of Coal India
He would be taking charge from Sanoj Kumar Jha, also the Additional Secretary at the Ministry of Coal, who held interim charge at Coal India.
SEBI panel to recommend easing rules for commodity derivatives, sources say
The panel will recommend lifting a ban on derivatives trading in seven agricultural commodities including paddy, wheat, crude palm oil
India's efforts to diversify trade across geographies and sectors is paying off: Commerce Secretary
Indias Commerce Secretary Rajesh Agrawal said the countrys exports have remained resilient despite global economic challenges, supported by diver
Industry-ready engineers: Jyothi Engineering College inks MoU with Technovalley
The partnership will provide hands-on training, internships, curriculum enrichment, certification pathways, and placement support aligned with em
Shakti Pumps shares gain 40% in just 4 days. What's fuelling the rally?
Shakti Pumps shares surged for the fourth consecutive day, driven by multiple large solar pump orders across Maharashtra, Jharkhand, and Madhya P
How forex volatility is quietly rewriting global portfolio strategies
As global investing expands, currency swings are increasingly shaping portfolio outcomes. From Indian investors in US assets to global funds navi
HSBC Composite PMI slips to 58.9 in December as business growth slows
The December reading pointed to the softest growth in business output since February, but it continued to signal a steep expansion across the pri
National Herald Case: Delhi Court Refuses To Take Cognisance Of ED Chargesheet Against Gandhis
New Delhi, Dec 16: A court here on Tuesday refused to take cognisance of the Enforcement Directorates money laundering charge against Congress le
Axis Bank shares tumble 4% as Citi Research sees no upside, reiterates Neutral stance
Axis Bank shares slid up to 4% after Citi Research reiterated a Neutral rating with a Rs 1,285 target, indicating no upside. While margins are ex
Nasdaq is proposing to extend stock trading hours to nearly 23 hours a day, five days a week, seeking regulatory approval. This move aims to cate
IITian Vidit Aatrey joins billionaire club as Meesho shares rocket 74% from issue price
Meesho Ltds shares surged more than 74% from their issue price days after listing, lifting co-founder Vidit Aatrey into the billionaire club as i
India market regulator panel to recommend easing rules for commodity derivatives, sources say
India's market regulator SEBI's panel will soon suggest easing curbs on commodity derivatives. The report will propose making these markets more
Bitcoin and Ethereum fell 4.62% and 6.93% respectively amid heavy liquidations, with BTC at $85,507 and ETH at $2,904. The global crypto market c
Elon Musks fortune breaks the $600 billion mark as new SpaceX valuation ignites wealth surge
Elon Musk has reached a new financial milestone. His net worth has crossed $600 billion for the first time. This surge is thanks to a fresh valua
Stock markets decline during early trade
Sensex and Nifty dragged down by persistent foreign fund outflows and weak global market trends that dented investors' sentiment
Gold price prediction today: Gold prices are poised for a rise, supported by a weak rupee and a dovish Federal Reserve. Despite some volatility,
Meesho co-founder Vidit Aatrey enters billionaire club
Vidit Aatrey, the co-founder and CEO of Meesho, has officially become a billionaire.
India's private sector growth hits 10-month low as year ends on softer note, PMI shows
India's private sector activity slowed in December, reaching its weakest point in ten months. New orders declined, impacting both manufacturing a
As China tightens grip, German wind majors look to India for rare earth magnets
With China controlling most rare earth magnet supplies, German offshore wind players are in early talks to assess Indias manufacturing potential.
Mutual Funds: Want to accumulate 50 lakh in next 12 years? You will need SIP of this amount
The amount of SIP is contingent on the rate of return on your investment. Higher the return, lower the SIP needed. Conversely, lower the return,
Japan bonds drift ahead of US jobs data, BOJ policy meeting
Japanese government bonds saw little movement on Tuesday. Investors are waiting for crucial U.S. jobs figures and a Bank of Japan policy decision
Flipkart gets NCLT nod to shift domicile to India, moves closer to IPO
The approval allows the amalgamation of eight Singapore-incorporated entities with India-based Flipkart Internet. The combined entity will be cal
Delhi govt directs schools to shift to online mode up to class-5 as air quality deteriorates
Physical classes for students from nursery to Class 5 have been discontinued across all government, government-aided and unaided private recognis
India bonds search for direction, state debt auction may provide some clues
Indian government bonds held steady as investors awaited key state debt sales and the central bank's bond purchases for direction. The benchmark
US Fed move: Reserve management or quantitative easing?
Liquidity injection may not be positive for Indian markets in terms of FII flows

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