MUMBAI: An arm of NSE, the largest stock exchange in India by turnover, has launched an index constituting stocks of companies from among Nifty 500 companies that do not intentionally harm animals while carrying out their regular business. Named Nifty 500 Ahimsa Index, the gauge is aligned with principles of non-violence, the exchange said through…
CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company…
NEW DELHI: Accelerated monetisation of highway assets has enabled the NHAI to prepay loans of over Rs 1.2 lakh crore and repay another Rs 31,300 crore since March 2022, reducing its overall debt to just under Rs 2 lakh crore, according to govt data.NHAI’s debt had touched an all-time high of Rs 3.5 lakh crore…
MUMBAI: RBI has said $20.7 billion has been raised through its concessional swap facility for FCNR(B) deposits, OFCBs and ECBs till July 17, reflecting investor interest after the scheme was announced on June 5 and operationalised from June 8 to boost the balance of payments and attract capital inflows. The collection is almost twice the…
Reserve Bank of India’s special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of the money coming through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits.The RBI said on Monday that the concessional swap scheme has seen steady foreign exchange inflows since it was launched on June 8, 2026….
Saudi Arabia has rerouted its crude exports through the Red Sea port of Yanbu after Hormuz disruptions. (Satellite image of Bab-el-Mandeb Strait – source Reuters) After the Strait of Hormuz disruptions, a fresh threat to the world’s oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against Saudi Arabia….
Coca-Cola’s plans to take its bottling business to Dalal Street have moved a step closer. Hindustan Coca-Cola Holdings has appointed JPMorgan and Citi to steer the proposed 2027 IPO, Reuters reported, citing two sources familiar with the development. The company is also exploring the sale of part of its stake.The appointments were finalised after investment…
Civil Aviation Minister Naidu The Directorate General of Civil Aviation (DGCA) is developing a digital platform on the eGCA portal for reporting aviation incidents, a move aimed at making the submission and processing of mandatory occurrence reports faster and more efficient.The initiative, intended to strengthen the country’s aviation safety oversight, was announced by civil aviation…
AI-linked stocks have faced sustained selling pressure in recent weeks amid concerns that valuations had risen too rapidly. US stock market today: Wall Street rebounded on Monday as shares of chipmakers and other companies that have benefited from the artificial intelligence boom recovered after recent sharp declines.The S&P 500 advanced 0.6%, following its first weekly…
The era of ultra-low interest rates that followed the 2008 global financial crisis may finally be over, with investors now preparing for a prolonged period of higher borrowing costs, sustained investment in artificial intelligence (AI) and infrastructure, and elevated geopolitical risks.According to a recent report by Moody’s Ratings, “A new macro regime is driving differentiated…
NSE Indices said the launch represents another addition to its expanding portfolio of index offerings. (ANI photo) NSE Indices Limited, the index services arm of the National Stock Exchange (NSE), has introduced the Nifty500 Ahimsa Index, a thematic benchmark designed to track companies from the Nifty 500 universe whose business operations are aligned with the…
To begin with, bullet trains will be capable of operating at speeds exceeding 250 kmph and will have a design speed of 280 kmph. India’s first bullet train project is likely to see the launch of its first high-speed train in 2027. India and Japan have jointly decided to operate indigenous bullet trains equipped with…
Expanding the use of ethanol as a cooking fuel could help India lower its reliance on LPG and reduce its growing fuel import bill. (ANI photo) Ethanol may soon make its way to your kitchen as a cooking fuel. Even as debate rages on the impact of E20 petrol, the Ministry of Petroleum and Natural…
Stock market recommendations: Bharat Forge, and Bajaj Finance – these are the top stocks to buy that Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities has recommended for the July 20-July 24, 2026 week. Nifty, and Bank Nifty outlooks from a technical perspective have also been shared: Stock recommendations: Bharat ForgeBHARATFORG has given…
Technically, gold continues to trade within a descending channel, reflecting a persistent short-term downtrend. Gold price prediction today: Gold prices continue to trade on a weak note as geopolitical developments keep investors wary, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold prices remained under pressure for the entire previous week…
Stock market today: Dalal Street tumbles in opening trade; Sensex falls over 500 points, Nifty50 below 24,250 Stock market began the session in red, with both benchmarks plunging 0.5% in opening trade. NSE Nifty 50 was trading at 24,211.15, down 120.45 points (0.49%), while BSE Sensex slipped 470.48 points (0.60%) to 77,680.97. The fall comes…
As global crude prices climb and import bills swell across countries, the US has a different story to tell. Its import prices are rising too—but fuel is not the culprit. US import prices recorded an unexpected increase in June as a rise in nonfuel import costs outweighed lower fuel prices, according to data released by…
Gold, silver price today: Analysts expect bullion to remain under pressure Market experts believe gold and silver could continue facing headwinds in the near term as investors assess multiple global developments simultaneously. Apart from the escalating conflict in West Asia, traders will also monitor crude oil prices, US weekly jobless claims, flash PMI readings, monetary…
Oil prices rallied on Monday after conflict between the United States and Iran intensified, raising fresh concerns over crude supplies from the Middle East as shipping through the Strait of Hormuz came under increasing pressure.Brent crude climbed above $90 a barrel, rising 2.30% to $90.13, while US benchmark WTI crude gained 2.07% to $84.20. The…
MUMBAI: Top private bank chiefs are taking a cautious view of RBI’s FCNR(B) deposit window, with lenders saying tax rules, overseas liquidity conditions and regulatory constraints could limit inflows below initial estimates.HDFC Bank MD & CEO Sashidhar Jagdishan said potential inflows under the scheme may be lower than initially expected because tax rules make the…
