Hindustan Unilever's share price fell as much as 4.55% after the quarterly results were declared. (Reuters)
Posted in Business

Profit surges 120% due to one-off gains from Kwality Wall’s demerger| Business News

Hindustan Unilever Ltd. more than doubled its bottomline in the third quarter of the ongoing fiscal due to a one-off gain from demerger of its…

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India’s agri export to US set to jump as 75% of export items now enjoy zero tariff: SBI Report

New Delhi: India’s export to the United States on agricultural commodities is set to witness a significant jump as 75 per cent of such exports…

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The RBI has on multiple occasions said it does not target any specific level for the rupee and only intervenes to curb excessive volatility. (Reuters)
Posted in Business

RBI surprises market with aggressive dollar sale to support rupee| Business News

The Reserve Bank of India sold dollars heavily before the local market opened on Thursday to lift the rupee, six bankers said, with the scale…

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Microsoft presumably spent $8-10 million for a Super Bowl ad that tells us how Excel is now AI enabled. That, after the company has cut 15,000 jobs.
Posted in Business

WD wins in AI gold rush, Braille credit cards, and Super Bowl ads| Business News

Good morning! Microsoft presumably spent $8-10 million for a Super Bowl ad that tells us how Excel is now AI enabled. That, after the company…

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A vegetable market in New Delhi. (PTI)
Posted in Business

Govt set to release new inflation data today to capture how India spends| Business News

India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve…

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India-US trade deal: New Delhi’s trade surplus with Washington may cross $90 billion within a year, says SBI Report

New Delhi: India’s trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import…

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Posted in Economy

India’s inflation revamp may give Reserve Bank a reason to stay on hold

India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…

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Posted in Economy

Trump calls India-US trade deal ‘historic’ as tariff cuts and coal exports take centre stage

US President Donald Trump on Wednesday described the newly concluded India–United States agreement as a “historic trade deal”, saying it would sharply expand American energy…

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Posted in Economy

Preferential allotment likely in PFC-REC merger to help Centre retain majority stake and government company status

New Delhi: The proposed union of Power Finance Corp (PFC) and REC could include a preferential allotment of shares to the Centre as part of…

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India allows 100% FDI in insurance sector under automatic route

New Delhi: India on Wednesday operationalised up to 100% foreign ownership in the insurance sector, a move aimed at deepening insurance penetration and attracting overseas…

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