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US stock futures rise after Fed rate hike as tech stocks lead Dow, S&P 500 and Nasdaq futures higher. (Pexel)
Posted in Business

US stock futures today: Why Dow, S&P 500 and Nasdaq futures are rising after Fed hike

US stock futures moved higher in premarket trading on Thursday, with technology stocks leading the gains. Dow Jones futures climbed 619 points, or 1.2%. S&P…

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Posted in Economy

India’s festive food exports see demand surge ahead of Diwali: TPCI

New Delhi: Driven by an appetite for traditional delicacies and convenience foods, India’s food and beverage (F&B) export sector is experiencing a buoyant demand surge…

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Tata Sons Chairman Natarajan Chandrasekaran (left) and Tata Trusts Chairman Noel Tata.
Posted in Business

Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, cites Tata Sons’ rules

After Tata Sons approved a fresh five-year term for N Chandrasekaran as executive chairman, Tata Trusts issued a statement saying it maintains that the resolution…

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N Chandrasekaran, was re-appointed as the Chairman of Tata Sons at a board meeting on Thursday (REUTERS)
Posted in Business

From not seeking another term to re-appointment: What led to N Chandrasekaran’s return as Tata Sons chairman

The board of Tata Sons on Thursday stated it “unanimously” voted to re-appoint N. Chandrasekaran as executive chairman of the group. This re-appointment comes after…

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Rentomojo: Accel-backed Rentomojo lists on Dalal Street at 19% premium
Posted in Startups

Rentomojo: Accel-backed Rentomojo lists on Dalal Street at 19% premium

Furniture and appliance rental platform Rentomojo made a strong debut on Dalal Street on Thursday, with its shares listing at a nearly 19% premium over…

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File photo: Tata Sons Chairman N Chandrasekaran leaves Bombay House, in Mumbai (PTI)
Posted in Business

Tata Sons’ U-turn on chairman? N Chandrasekaran reappointed for fresh 5-year term, says report

The board of India’s Tata Sons has reportedly approved a fresh five-year term for N Chandrasekaran as executive chairman, reversing his decision last month not…

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Posted in Economy

India-US tariff saga under Trump: A look at key turning points

New Delhi: A sweeping U.S. sanctions and tariff bill has emerged as the latest flashpoint between New Delhi and Washington, adding pressure to ties already…

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Posted in Economy

India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT

New Delhi: India has received country-specific tariff-rate quota of 1.9 million tonne (MT) annually for steel exports to the European Union, while the government expects…

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Posted in Economy

Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge

The Finance Ministry on Thursday rejected allegations that US pressure influenced the decision to impose a 0.4% Merchant Discount Rate (MDR) on select UPI payments,…

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Posted in Economy

AITUC calls for periodic revision of wage ceiling under EPFO

The All India Trade Union Congress (AITUC) AITUC has called for a regular and automatic mechanism for periodic revision of the wage ceiling under the…

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