Category: market

India’s trade deficit for June this year narrowed to $18.78 billion, compared to $21.88 billion in May, according to data released by the Commerce and Industry Ministry on Tuesday.

Markets drifted lower during the week and lost over a per cent, primarily pressured by the lingering uncertainty surrounding global tariffs and a disappointing start to the earnings season, analysts said on Saturday.

The Centre on Friday launched a groundbreaking scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative, with the maximum incentive set at Rs 9.6 lakh per vehicle.

Thanks to the massive adoption of unified payments interface (UPI) based digital transactions, India now makes faster payments than any other country in the world, an International Monetary Fund (IMF) note has emphasised.

Kicking off the Q1 FY26 earnings season, IT bellwether Tata Consultancy Services (TCS) on Thursday said it registered around 6 per cent growth in net profit (year-on-year) at Rs 12,760 crore, which surpassed analyst expectations.

The Indian benchmark indices opened flat on Thursday amid mixed global cues as selling was seen in the auto and IT sectors in the early trade.

At the foundation stone laying ceremony of India’s first National Cooperative University -- Tribhuvan Sahkari University -- in Anand, Gujarat, Union Home and Cooperation Minister Amit Shah highlighted that the initiative embodies Prime Minister Narendra Modi’s steadfast commitment to empowering and advancing the cooperative movement across the country.

The stock markets ended lower on Wednesday, as investor sentiment remained cautious due to US President Donald Trump's firm stand on the upcoming tariff deadline.

The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade.

Gross Value of Output (GVO) from the agriculture and allied sector at constant prices has shown steady growth from Rs 1,908 thousand crore in 2011–12 to Rs 2,949 thousand crore in 2023–24, marking an overall increase of approximately 54.6 per cent, according to a report released by the Ministry of Statistics on Friday.

India recorded a current account surplus of $13.5 billion, constituting 1.3 per cent of GDP, in the fourth quarter of financial year 2024-25 (January–March), according to data released by the Reserve Bank of India (RBI) on Friday.

These include a new Aadhaar verification rule for PAN applications, an extended deadline for income tax return filing, and revised charges on credit cards and banking services by leading banks like SBI, HDFC Bank, and ICICI Bank.

The Indian stock markets ended on a strong note on Friday, with benchmark indices touching a nine-month high. Investors were in a positive mood as tensions in West Asia eased amid reports of a ‘great’ India-US trade deal possibility, thus lifting market confidence and encouraging buying.

The Group’s growth is attributed to aggressive and integrated infrastructure focus, surge in green energy ambitions, and increased brand equity across key stakeholders, said the ‘Most Valuable Indian Brands 2025’ report by London-based Brand Finance.

India's engineering goods exports to the US registered a 4.6 per cent increase to $1.74 billion in May this year, compared to the same month of the previous year, despite the uncertainty created by the tariff hikes announced by President Donald Trump.

The combined market capitalisation of six of India's top ten most-valued companies rose by Rs 1.62 lakh crore this week, reflecting strong investor sentiment in the equity markets.

The US bombing of Iran’s nuclear sites has led to a widening of the Israel-Iran war and a further escalation in geopolitical tensions that could lead to a surge in global oil prices, which have already shot up by close to 20 per cent this month.

India moved up among top global destinations for foreign direct investment (FDI) in 2024, remaining the dominant recipient in South Asia and accounting for the vast majority of FDI inflows, a United Nations Conference on Trade and Development (UNCTAD) report said on Thursday.

Amazon on Thursday said it will invest over Rs 2,000 crore ($233 million) in 2025 to expand and upgrade operations infrastructure, improve associate safety and well-being programmes, along with developing new tools and technology for its fulfillment network.

The Nominated Authority of the Coal Ministry on Monday opened the bids for the 12th round of commercial coal blocks’ auction in which as many as 41 bids have been received online as well as in physical form for 11 coal blocks, according to an official statement.

The Indian benchmark indices opened sharply lower on Friday as tensions escalated between Israel and Iran. Heaving selling was seen in the auto, IT, Financial service and PSU Bank sectors in the early trade.

The Indian stock markets closed in the green on the first trading day of the week, as Bank Nifty hit a new all-time high of 57,000 on Monday, reflecting strong sentiment and momentum in the banking sector.

The Indian benchmark indices opened higher on Monday amid positive global cues, as buying was seen in the IT, PSU banks and auto sectors in the early trade.

The number of registered startups has reached 1.76 lakh in the last 11 years, with 118 unicorns (startups with $1 billion valuation and above), thus fueling youth entrepreneurship, Finance Minister Nirmala Sitharaman said on Friday.

The Supreme Court on Friday deprecated the National Board of Examinations (NBE) practice to conduct the National Eligibility-cum-Entrance Test (NEET)-PG 2025 examination in two shifts.