Business / The Siasat Daily
New Delhi: Air India on Friday said it does not comment on competitors, as a media report claimed that it lobbied the government to cancel IndiGos lease with state-backed Turkish Airlines. In a statement to IANS, the Tata Group-owned airline denied the allegation. Air India denies the gross misrepresentation and mischievous reporting on a competitors Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi
Mumbai: Economists expect the Reserve Bank of Indias (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale of dollars to prop up the rupee as it sharply depreciated during 2024-25, are reported to have shot up. This higher profit will Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downlo
Mumbai: The domestic benchmark indices opened lower on Friday amid mixed global cues as selling was seen in the IT, financial services and pharma sectors in the early trade. At around 9.29 am, Sensex was trading 231.64 points or 0.28 per cent down at 82,299.10, while the Nifty declined 49,95 point or 0.20 per cent Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also down
United Nations: Indias economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said. The UN on Thursday launched a report titled The World Economic Situation and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram
Doha: President Donald Trump has suggested that India has offered to drop tariffs on US goods to zero, something not immediately acknowledged by New Delhi. Trump made the comments during a business roundtable in Doha, Qatar, on his Mideast tour, first discussing Apples plans to build manufacturing plants for its iPhone there. Also ReadTrump says Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
Mumbai: Shares of Muthoot Finance on Thursday slipped 7.25 per cent or Rs 163.90 to hit an intra-day low of Rs 2,096 on the national Stock Exchange (NSE) amid Reserve Bank of Indias (RBI) draft loan-to-value (LTV) norms. .On the Bombay Stock Exchange (BSE), the shares were trading at Rs 2,096.40, down by Rs 166.35 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also down
Mumbai: The Indian equity indices opened in the red on Thursday as selling pressure was seen among heavyweights, like Power Grid, Kotak Mahindra Bank and Sun Pharma stocks. At 9:26 am, Sensex was down 208 points or 0.26 per cent at 81,122 and Nifty was down 54 points or 0.22 per cent at 24,612. Buying Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app
New Delhi: Indias annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March and 2.38 per cent in February, according to data released by the Ministry of Commerce and Industry on Wednesday. The month-over-month change in Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downloa
Mumbai: The Indian frontline indices opened in the green on Wednesday after retail inflation hit multi-year low and geo-political tensions eased. At around 9:25 am, Sensex was up 414 points or 0.51 per cent at 81,562 and Nifty was up 136 points or 0.55 per cent at 24,712. Buying was seen in the midcap and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our
Mumbai: The ceasefire between India and Pakistan has paved the way for a sharp rally in the market and with this, foreign institutional investors (FIIs) are likely to resume their equity purchases in India, analysts said on Monday. Sensex and Nifty surged more than 2.7 per cent in the morning trade. According to market watchers, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo
Mumbai: The domestic indices surged on Monday with Sensex jumping over 1,900 points in the morning trade, as India-Pakistan tensions eased with Operation Sindoor marking a significant demonstration of Indias military and strategic prowess. Buying was seen in the PSU bank, IT and auto sectors in the early trade. At around 9.34 am, Sensex was Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our
Mumbai: The Indian equity indices opened almost flat on Thursday as geopolitical tensions remained high after Operation Sindoor. At 9.26 am, Sensex was up 25 points at 80,772 and Nifty was down 3 points at 24,410. Buying was seen in the largecap and midcap stocks. Nifty midcap 100 index was up 166 points or 0.30 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downlo
New Delhi: Sapphire Foods India, the operator of KFC and Pizza Hut outlets in India and Sri Lanka, on Wednesday reported a 25 per cent drop in its consolidated net profit for the March quarter (Q4), which fell to Rs 17.91 crore from Rs 23.9 crore in the same period last fiscal (Q4 FY24). This Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Andro
Bengaluru: Amid heightened security across the country, a passenger was deboarded from an Air India flight at Kempegowda International Airport (KIA) here on Wednesday evening, airport sources said. The passenger was travelling on flight AI-2820 from Bengaluru to New Delhi. Before the flight could take off at 6.05 pm, the passenger, whose identity has been Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subs
Karachi: The Pakistan Stock Exchange (PSX) lost 6,500 points on Wednesday amid an escalation of military confrontation between India and Pakistan in the wake of the Pahalgam terror attack. The market saw investors in panic mode in intra-day trade as the benchmark KSE-100 index decreased by 6,560.82 points, or 5.78 per cent, to stand at Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chann
Mumbai: The Indian benchmark indices erased early losses and began rising on Wednesday as India carried out Operation Sindoor at nine terror locations in Pakistan and Pakistan-occupied Kashmir (PoK) in the wake of the barbaric Pahalgam attack that took 26 lives. At around 9.34 am, Sensex was 160 points up at 80,800 while Nifty was Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.
Mumbai: The rupee traded in a narrow range in morning trade on Tuesday and fell 8 paise to 84.38 against the US dollar tracking the rise in the dollar index and fall in Asian currencies, amid growing uncertainty and a cautious recalibration of risk appetite. According to forex traders, the USD/INR pair was supported by Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also
Mumbai: Indian equity indices opened on a flat note on Tuesday following mixed global cues and geo-political tensions. At 9:18 am, Sensex was down 11 points at 80,785 and Nifty was down 8 points at 24,452. Selling was seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 126 points or 0.23 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download ou
New Delhi: The International Monetary Fund on Monday said that the termination of services of Executive Director K V Subramanian was a decision taken by the Indian government. Government of India has terminated services of Subramanian six months ahead of his three-year tenure. The termination was effective April 30, 2025. However, reasons for Subramanians exit Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by
New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed on Monday. While 348.62 metric tonnes of gold were kept in safe custody with the Bank of England and the Bank for Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app fo
Gold prices saw a notable surge at the opening of the markets in Dubai, United Arab Emirates (UAE), on Monday, May 5. According to data from the Dubai Jewellery Group, the price of 24-carat gold rose to 392.50 Dirham (Rs 9,004.11) per gram, up from Dh 390.50 at Sunday evenings close on May 4. Other Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for
New Delhi: The benign inflationary patterns suggest an aggressive rate cut trajectory by the Reserve Bank of India, with key policy rate likely to breach the Neutral rate by March 2026, an SBI Research report said on Monday. A cumulative rate cut of 125-150 bps is estimated in FY26 in the best case scenario with Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downlo
Mumbai: Indian equity indices opened in the green on Monday as heavyweights like Adani Ports, Asian Paints, Titan and Tata Motors continued to support upward movement. Around 9:22 am, Sensex was up 280 points or 0.35 per cent at 80,782 and Nifty was up 90 points or 0.37 per cent at 24,436. Buying was seen Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our
United Nations: The UN Security Council will hold closed consultations Monday on the situation between India and Pakistan after Islamabad sought an emergency meeting on the issue. Pakistan currently sits as a non-permanent member of the powerful 15-nation Security Council, which is being presided over by Greece for the month of May. Islamabad requested closed Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by
Pune: Industrialist Gautam Adani and NCP (SP) chief Sharad Pawar on Friday visited the Science and Technology Park (STP) on Savitribai Phule Pune University campus here. Established in 1986, STP Pune is among the first Science and Technology Entrepreneurs Parks (STEPs) set up by the National Science and Technology Entrepreneurship Development Board (NSTEDB) under the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Tele
New Delhi: Given Indias strong macro fundamentals and growth prospects, it remains an attractive bet for investors and this, along with stable domestic macros and stable external position, are likely to provide further support to the rupee, according to a new report. The rupee appreciated further by 1.1 per cent in April, after appreciating by Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o
Hyderabad: Housing and revenue minister Ponguleti Srinivasa Reddy stated that if people were found to be ineligible beneficiaries for the Indiramma Illu housing scheme, even if the construction of their houses may be half way through, the benefits of the scheme wouldnt be extended to such families. On Friday, May 2, Ponguleti, along with chief Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o
Mumbai: Swiggys share price touched a 52-week low on Friday, before recovering slightly to close at Rs 305.4, down by Rs 11, or 3.48 per cent, on the National Stock Exchange (NSE). The stock has seen some pressure in recent weeks, with a three-day decline of 5.4 per cent, reflecting investor caution. The companys stock Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also
Mumbai: The Indian stock indices opened in the green on Friday following positive cues from the global markets. At 9:22 am, Sensex was up 350 points or 0.44 per cent at 80,592 and Nifty was up 71 points or 0.29 per cent at 24,407. Midcap and smallcap indices were trading flat compared to largecap. Nifty Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our ap
Mumbai: As many as 75 per cent of companies in India are reshaping their infrastructure and location strategies based on data needs, marking a significant shift in how artificial intelligence (AI) is being adopted across the country, a new report said on Wednesday. This signals Indias rapid rise as a digital hub in the Asia-Pacific Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.
Mumbai: The domestic benchmark indices opened flat on Wednesday amid mixed global cues and geo-political tensions, as selling was seen in the PSU bank and financial service sectors in the early trade. At around 9.32 am, Sensex was trading 7.72 points or 0.01 per cent down at 80,280.66 while the Nifty climbed 1 point or Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also
California: Working to differentiate itself in the crowded field of artificial intelligence, Meta Platforms has launched a standalone AI app with a social media component to compete with OpenAIs ChatGPT. The Meta AI app, built with the companys Llama 4 AI system. It includes a discover feed that lets users see how others Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can
Mumbai: The domestic benchmark indices opened higher on Tuesday amid positive cues from global markets, as buying was seen in the PSU bank, auto and IT sectors in the early trade. At around 9.25 am, Sensex was trading 409.4 points or 0.51 per cent up at 80,627.85 while the Nifty climbed 118.10 points or 0.49 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download o
Mumbai: The rupee appreciated 12 paise to 85.29 against the US dollar in early trade on Monday, supported by strong domestic fundamentals, such as rising forex reserves and healthy capital inflows. Forex traders said a steady rise in reserves enhances Indias import cover, providing a crucial buffer against external shocks and lending stability to the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi
Mumbai: The Indian equity benchmark indices opened higher on Monday amid mixed global cues, as buying was seen in the PSU bank and financial service sectors in the early trade. At around 9.30 am, Sensex was trading 400.7 points or 0.51 per cent up at 79,613.28 while the Nifty climbed 88.65 points or 0.37 per Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download o
New Delhi: The App Store ecosystem in India facilitated Rs 44,447 crore ($5.31 billion) in developer billings and sales in 2024, a new Apple study showed on Monday. The study was conducted by Professor Viswanath Pingali from the Indian Institute of Management Ahmedabad. In one of its most important findings, the study showed that more Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe
Mumbai: The domestic benchmark indices opened in green on Wednesday amid positive global cues, as buying was seen in the IT and auto sectors in the early trade. At around 9.32 am, Sensex was trading 536.4 points or 0.67 per cent up at 80,132.01 while the Nifty added 150.10 points or 0.62 per cent at Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app fo
Ahmedabad: Adani Data Networks Limited (ADNL), a wholly-owned subsidiary of Adani Enterprises Limited (AEL), on Tuesday announced that it has signed definitive agreements with Bharti Airtel Limited and its subsidiary Bharti Hexacom Limited to transfer the rights to use 400 MHz of spectrum in the 26 GHz band. The spectrum covers six telecom circles Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing
Mumbai: The domestic benchmark indices opened marginally up on Tuesday amid positive global cues, as buying was seen in the auto, PSU bank and financial services sectors in the early trade. At around 9.34 am, Sensex was trading 134.87 points or 0.17 per cent up at 79,543.37 while the Nifty added 37.65 points or 0.16 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also do
New Delhi: Indias journey to become a Viksit Bharat by 2047 is not merely an aspiration but a shared national mission powered by a vision for inclusive, sustainable, and innovation-led growth, Union Finance Minister Nirmala Sitharaman has said. During her address at the Hoover Institution at Stanford University in the US, the Finance Minister said Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing
New York: Finance Minister Nirmala Sitharaman met several senior executives and business leaders in San Francisco and discussed bilateral areas of cooperation in sectors such as technology, artificial intelligence, energy and digital infrastructure as well as opportunities to enhance investment collaboration between India and the US. Sitharaman arrived in San Francisco Sunday as she began Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stor
New Delhi: Gold prices breached the Rs 97,000 per 10 grams level for the first time in futures trade on Monday, surging by Rs 2,111 to hit an all-time high of Rs 97,365 per 10 grams on firm local demand. Continuing the winning streak for the third straight day, the most-traded June delivery contract of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app
San Francisco: Finance Minister Nirmala Sitharaman said on Monday that India has become the fastest-growing economy, driven by the visionary leadership of Prime Minister Narendra Modi and the stability provided by a continuing government. Addressing the Indian diaspora in the US, the Finance Minister said, When we say that India is the fastest-growing economy and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram
Mumbai: The domestic benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the IT, PSU bank and financial services sectors in the early trade. At around 9.29 am, Sensex was trading 396.06 points or 0.50 per cent up at 78,949.26 while the Nifty added 98.20 points or 0.41 per Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download
Mumbai: Active equity mutual fund (MF) schemes closed the financial year 202425 (FY25) with record-breaking inflows more than twice the amount seen in the previous year as fund houses capitalised on strong market sentiment, particularly in the first half of the year. Despite market volatility, investor confidence remained strong, pushing overall assets under Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by
New Delhi: Amid growing global trade uncertainty and tariff challenges, London-based consumer electronics company Nothing is considering ramping up exports from India, its CEO Carl Pei has said. Pei said during a recent AMA (Ask Me Anything) session on X social media platform that the company is exploring the option of exporting more from India Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
New Delhi: The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000. The claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are completely false, misleading, and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels
Mumbai: After three consecutive days of gains, the domestic benchmark indices opened in red on Thursday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.27 am, Sensex was trading 338.13 points or 0.44 per cent down at 76,706.16 while the Nifty declined 120.75 Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downloa
Mumbai: The domestic benchmark indices opened flat on Wednesday amid weak global cues, as selling was seen in the IT and auto sectors in the early trade. At around 9.29 am, Sensex was trading 23.12 points or 0.03 percent up at 76,758.01 while the Nifty added 5.90 points or 0.03 percent at 23,334.45. Nifty Bank Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download
New Delhi: Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan Stanley report said on Tuesday, pegging Indias GDP growth at 6.1 per cent for FY26 amid global uncertainties. The report also projected Sensex Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also d