Business / The Siasat Daily
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
Mumbai: As Indian markets gear up for a data-heavy week, experts say that the direction of the stock market will largely depend on the US Federal Reserves policy decision, March quarter corporate earnings, macroeconomic data, and the geopolitical tensions between India and Pakistan following the April 22 Pahalgam terror attack. In the past week, both Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi
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
Mumbai: Indias frontline equity indices on Tuesday surged in a massive bull rally in the early trade, as positive global cues improved investors sentiment. After the opening bell, the Nifty 50 was trading 467 points or 2.05 per cent higher at 23,295.55, and the Sensex was trading 1,569.89 points or 2.09 per cent higher 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 a
Hyderabad: Chief minister A Revanth Reddy, along with his deputy Bhatti Vikramarka, launched the Bhu Bharathi portal at Shilpakala Vedika in Hyderabad on Monday, April 14. The Bhu Bharathi revenue portal will provide permanent solutions to land issues through a dispute-free revenue policy that would benefit 69 lakh farmers across the state, the chief minister Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by
London: The UK on Sunday announced a cut in import tariffs to slash prices on several foreign products, including everyday essentials ranging from pasta, fruit juices and spices, in an effort to boost economic growth. The Department for Business and Trade (DBT) said the UK Global Tariff will be temporarily suspended on 89 products, saving Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our ch
New Delhi: Digital payments via Unified Payments Interface (UPI) service suffered a nationwide outage on Saturday, which affected millions of users. Digital services on several online payment platforms were disrupted, hindering local shopping, bill payments and business transactions. According to the outage tracking platform Down Detector, there were 2,358 complaints by 1 pm. Most reported Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Sto
New Delhi: An interim trade agreement between India and the US could be finalised in the 90-day tariff pause announced by the Trump administration if it is a win-win for both sides, an official said on Friday. The official also said the two countries have already finalised the terms of reference (ToR) to start negotiations 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
New Delhi: Moodys Analytics on Thursday cut Indias GDP growth forecast to 6.1 per cent for 2025 on looming higher US reciprocal tariff threats. It said the US is one of Indias largest trading partners, so a 26 per cent tariff hovering over imports of Indian goods will heavily impede the trade balance. We revised 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: Foreign and domestic investors showed strong confidence in the Indian equity market in March 2025, with both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerging as net buyers, a new report said on Thursday. FIIs invested $975 million while DIIs made even stronger contributions with $4.3 billion in net purchases during the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Te
Washington: US Treasury Secretary Scott Bessent told reporters that US President Trump is pausing his so-called reciprocal tariffs on most of the countrys biggest trading partners but maintaining his 10 per cent tariff on nearly all global imports. The Treasury Secretary also said President Trump will escalate action against China. Facing a global market meltdown, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegra
Hyderabad: The Telangana government has issued orders on Wednesday, April 9, making it mandatory for vehicle owners to fit High Security Registration Plates (HSRP) on all vehicles manufactured before April 1, 2019. The deadline for affixation of HSRP number plates has been set till September 30, 2025. Failing to comply with the order will invite Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
New Delhi: India has withdrawn the transshipment facility extended to Bangladesh for sending its export cargoes to other countries through Indian territory. A circular issued by the Central Board of Indirect Taxes and Customs (CBIC), dated April 8, states that it has been decided to rescind the circular dated June 29, 2020, which allowed such Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to ou
Mumbai: Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI monetary police committee (MPC) decisions where a 25 bps repo rate cut is likely along with the stance shifting to accommodative from neutral Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o
Mumbai: The rupee lost further ground on the fourth straight session, declining sharply by 30 paise to 86.56 against the US dollar in early trade on Wednesday ahead of the Reserve Banks monetary policy decisions. Forex traders said that despite a steep fall in crude oil prices and a weak American currency, the looming worldwide Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You
New York: President Donald Trump has launched tariff wars with nearly all of Americas trading partners. And theres no end in sight. A number of sweeping new taxes on goods from other countries are already here with more set to take effect as soon as Wednesday. Trump has promised higher rates for his latest 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
London: Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions. According to the Ministry of Finance, the high-level roundtable on Tuesday evening outlined the priorities of the government for enabling sustained economic growth and investment opportunities, Get the latest updates in Hyderabad City News , Technology , Entertainment
New Delhi: Prime Minister Narendra Modi on Tuesday said that by the time a person finishes watching one episode on an OTT platform, the foundation for 5,000 new Pradhan Mantri Mudra Yojana (PMMY) businesses has already been laid, emphasising on the speed at which these loans are being approved. According to Prime Minister, instant delivery Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our c