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Business / The Hindu

Narayanan Vaghul, legendary banker and former ICICI Bank chairman, passes away at 88

Narayanan Vaghul, the banking giant led the transformation of ICICI from a development bank to Indias second largest private sector commercial bank

18 May 2024 3:38 pm
India, U.K. reaffirm FTA commitment at Strategic Dialogue

India and the U.K. have held 13 rounds of talks on the FTA. The 14th round started in January

18 May 2024 10:48 am
Sensex, Nifty climb in early trade in special trading session

While the BSE Sensex climbed 158.01 point, the NSE Nifty went up by 53.75 points in early trade.

18 May 2024 10:03 am
1.7 crore connections disconnected through fraud detection steps: DoT

The Department of Telecommunications says the government was also working with WhatsApp to deal with pesky calls, and has had lakhs of numbers blocked as a result

18 May 2024 5:16 am
Panagariya pitches for more labour-intensive industries

Indias focus on capital- and skill-intensive investments is a lasting legacy from the Nehru model, says Finance Commission chief

17 May 2024 9:02 pm
Rupee rises 17 paise to close at 83.33 against US dollar

Reports of selling of U.S. dollars by the Reserve Bank of India also supported the Rupee, forex traders said.

17 May 2024 4:24 pm
Indian manufacturing needs more sophistication: Finance Minister

Nirmala Sitharaman said that Indias demographic dividend with the lowest dependency ratio will bolster consumption;highlights opportunities worth trillions of dollars for investors

17 May 2024 2:35 pm
Markets decline in early trade weak global trends, unabated foreign fund outflows

Among the Sensex components, Axis Bank, IndusInd Bank, Nestle, Hindustan Unilever, Larsen & Toubro and Bajaj Finserv were the major laggards.

17 May 2024 10:53 am
Rupee opens on flat note against U.S. dollar in early trade

Forex traders said the Indian rupee underperformed among the Asian currencies amid higher imported commodity prices and foreign fund outflows amid worries about election results.

17 May 2024 10:49 am
India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The World Economic Situation and Prospects as of mid-2024 said Indias economy is forecast to expand by 6.9% in 2024 and 6.6% in 2025, mainly driven by strong public investment and resilient private consumption.

17 May 2024 8:17 am
The happy, hopeful coffee farmers of Karnataka

The soaring prices of coffee beans, driven by a global shortage in crop production, have provided a ray of hope for growers in Karnataka, which produces most of Indias coffee.Planters tell Darshan Devaiah B.P. and G.T. Sathish The Hindu that while this is good, the more significant problems remain

17 May 2024 8:00 am
Goods exports may rebound over 14% in FY25, need more bank credit: FIEO

Merchandise exports could rebound to $500 billion this year as global demand is slowly improving and prospects of a good monsoon could free up curbs on shipments of agricultural products, says exporters group

17 May 2024 2:19 am
Acer to base maiden home appliances subsidiary in India

The computer hardware maker is hoping to cash in on the countrys fast growing appliances market driven by electrification in villages and changing lifestyles

16 May 2024 9:28 pm
Will double current allotment of grain each person is entitled to under Food Security Act: Congress

Jairam Ramesh said once again, The PM and the BJP are spreading lies about food rations in India.

16 May 2024 6:54 pm
SEBIs latest framework to administer investment advisers, research analysts | Explained

SEBI introduced a framework for supervision and administration of research analysts and investment advisers. It becomes effective from July 25 onwards.

16 May 2024 6:18 pm
Air India ceased be State or its instrumentality under Article 12 post disinvestment: SC

Supreme Court rules Air India ceased to be a State entity after disinvestment, no fundamental rights violation case allowed

16 May 2024 4:58 pm
16 May 2024 4:28 pm
U.K. tightens scrutiny of all Indian spice imports amid contamination allegations

In the most stringent crackdown so far impacting all Indian spices, the U.K.s FSA said that in light of the concerns it has applied extra control measures for pesticide residues in spices from India

16 May 2024 1:57 pm
Brookfield India Real Estate Trust to acquire 50% stake in Bhartis Grade A office assets

Following this, Bharti will become the second largest unitholderin BIRET with an ownership stake of 8.53%

16 May 2024 9:31 am
Rupee edges up one paisa to 83.50 against U.S. dollar

At the interbank foreign exchange market, the local unit opened at 83.49.

15 May 2024 4:33 pm
Indian exports up 1.07% in April; trade deficit expands by 32.3%

Commerce Secretary Sunil Barthwal said he hoped the rise in merchandise exports in the first month of financial year 2024-25 is a good omen for the coming months.

15 May 2024 3:27 pm
Recovering euro keeps dollar gorilla from scuppering ECB rate outlook

Euro/dollar down 2.4% this year, off 5-month lows; lower euro area interest rates than those in the United States remain a headwind, but the euro seems on a stronger footing thanks in part to an improving macro backdrop; parity still a possibility further out, according to some analysts

15 May 2024 12:42 pm