HDFC Bank’s shares were lower by 1 per cent at Rs 942 on Thursday, marking its fourth consecutive day of fall. HDFC Bank shares have already slumped 4 per cent amid earnings concerns with the third-quarter earnings to be out on January 17.Despite this slowdown, analysts are hopeful about the overall performance of the bank…
Indian benchmark equity indices extended their decline on Thursday, with both the Nifty50 and BSE Sensex trading in the red during early deals. The Nifty50 hovered just above the 26,100 level, while the Sensex slipped below 84,950.At 12:26 pm, the Nifty50 was at 25,935, down 205 points or 0.78%. The BSE Sensex was trading at…
Every festive season, India’s cultural affinity for gold expresses itself in strong demand. (AI image) By Navneet MunotIndia is a country of enormous diversity, with languages, customs and beliefs varying widely across regions. Yet one financial habit cuts across income levels and geography. Most households have grown up buying physical gold or silver every year…
PM Narendra Modi, on Thursday, extended his condolences over the passing of Agnivesh Agarwal, the 49-year-old Vedanta Group director. Taking to X, PM Modi wrote, “The untimely passing of Shri Agnivesh Agarwal is deeply shocking and saddening. The depth of your grief is evident in this touching tribute. Praying that you and your family find…
Stock market today (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, continued their slide on Thursday. While Nifty50 was just above 26,100, BSE Sensex went below the 84,950 mark. At 9:17 AM, Nifty50 was trading at 26,119.40, down 21 points or 0.082%. BSE Sensex was at 84,919.74, down 41 points…
US President Donald Trump has approved a new bill that allows massive duties on countries that import Russian petroleum products. The bill, ‘Sanctioning Russia Act of 2025’ threatens at least 500% tariffs on countries that “knowingly engage in the exchange.” US senator Lindsey Graham said that the bill, which is now headed for bipartisan approval…
NEW DELHI: As Indian and European negotiators enter what is seen to be the final rounds of talks for a free trade agreement (FTA), the local auto companies are wary of Chinese electric vehicles using European Union as a gateway to enter the domestic market at lower duty.As a result, auto players have demanded that…
The manufacturing sector remained robust and is estimated to grow by 7% in 2025-26 as opposed to 4.5% last fiscal while construction continued to be healthy at a growth rate of 7%, compared with an increase of 9.4% in 2024-25. Nominal GDP, which accounts for inflation, is estimated to grow by 8% in 2025-26.The crucial…
MUMBAI: Export of diamonds from India to the US has nearly halved after President Trump slapped a 50% tariff on the country, plunging the industry into a crisis, said Al Cook, CEO at De Beers Group, adding that there hasn’t been a large scale “relocation” of Indian industry to other countries, though, as stakeholders are…
NEW DELHI: The income tax department on Wednesday flagged major risks associated with virtual digital assets (VDA), such as cryptocurrency, joining the Reserve Bank of India in opposing the entry of these instruments.In a presentation to the parliamentary standing committee of finance, the tax authorities flagged as to how anonymous, borderless and near-instant value transfer…
