Mumbai, Aug 3 — The Indian rupee surged to a near one-month high on Monday as crude oil prices fell by up to 7 per cent to below the $80-a-barrel mark amid hopes of a deal to end the Iran conflict, while strong foreign inflows further supported the currency.The domestic currency strengthened nearly…
New Delhi, Aug 3 — The Reserve Bank of India’s move to let banks consider Liquidity Coverage Ratio (LCR) run off rates while pricing bulk deposits increases their flexibility to align deposit rates with liquidity costs, a report said on Monday.The move also optimises banks' funding costs, and…
New Delhi, Aug 3 — Shares of Muthoot Finance plunged more than 14 per cent on Monday after the gold loan financier announced its June quarter (Q1 FY27) results.The stock opened 7.81 per cent lower at Rs 2,876 on the NSE and extended losses during the session, falling as much as 14.38 per cent to Rs…
New Delhi, Aug 3 — Indian carriers saw sequential improvement in international travel in June even as airlines faced elevated fuel costs, while domestic passenger load factors remained healthy, a report said on Monday.The report from financial services firm Equirus said domestic traffic moderated…
Chennai, Aug 3 — The Tamil Nadu government led by Chief Minister, C. Joseph Vijay, has amended the State’s minor mineral concession rules to permit the sale of certain naturally occurring rocks containing higher-value minerals from authorised mining areas, subject to laboratory testing and payment…
New Delhi, Aug 3 — The average total organisational cost of a data breach in India reached an all‑time high of Rs 25.5 crore in 2026, a 15.9 per cent increase over last year, a report said on Monday.The report from IBM said breaches in India also grew in scale, with 39,500 records compromised on…
New Delhi, Aug 3 — IndiGo's newly appointed CEO Willie Walsh -- former Director General of the International Air Transport Association (IATA) -- has assumed charge at the airline as the company looks to accelerate its next phase of growth and international expansion, the company said on…
New Delhi, Aug 3 — India's manufacturing activity remained in expansion territory in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) coming in at 53.5 due to resilient demand and stronger export orders, as per data released on Monday.This performance has indicated a…
New Delhi, Aug 3 — The government has clarified that enforcement action initiated by the Food Safety and Standards Authority of India (FSSAI) against certain alcoholic beverage manufacturers relates to the use of flavouring substances that mimic the characteristics of standardised alcoholic…
Mumbai, Aug 3 — Indian equity markets traded higher on Monday as benchmarks rallied up to 1 per cent in morning trade, supported by broad-based buying across banking, FMCG and metal stocks amid easing crude oil prices, sustained monsoon progress and renewed foreign fund inflows.Sensex surged 800…
Chennai, Aug 3 — The Tamil Nadu State Marketing Corporation (Tasmac) is likely to invite online tenders for fresh bar licences in the second week of August as part of a wider plan to improve facilities and service standards at bars attached to its liquor outlets across the state.The fresh licensing…
Mumbai, Aug 3 — The Reserve Bank of India's (RBI) three-day Monetary Policy Committee (MPC) meeting -- led by Governor Sanjay Malhotra -- begins on Monday with investors and economists closely tracking the central bank's assessment of inflation, economic growth and the future interest rate…
Seoul, Aug 3 — Hyundai Motor Group said on Monday that its US sales rose 5 per cent from a year earlier in July, driven by robust demand for hybrid and sport utility vehicles.Hyundai Motor America sold 89,427 vehicles in the U.S. market last month, including 6,947 luxury Genesis models, up 3.7…
Seoul, Aug 3 — Seoul stocks opened sharply lower on Monday as investors went to lock in profits after a record-breaking surge the previous session.After opening 3.6 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) fell 280.05 points, or 4.25 percent, to 6,315.4 as of 9:15…
New Delhi, Aug 2 — The OPEC+ on Sunday approved another increase in its crude production quota by around 188,000 barrels per day from September, which restores the earlier production cuts that were rolled out by the oil cartel in 2023.The decision to increase production was taken by the seven key…
New Delhi, Aug 2 — India's rapidly expanding digital ecosystem is facing an increasingly sophisticated wave of cyber threats, with more than 265 million cyberattack attempts and 369 million malware detections recorded during the assessment period, a new report said on Sunday.The report, released by…
New Delhi, Aug 2 — The Centre has selected 47,328 villages across the country, including 435 in Telangana, under the Adarsh Gram component of the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY), with 46,642 development works already completed, the government informed the Rajya Sabha on…
New Delhi, Aug 2 — India's leading oil marketing companies-- Indian Oil, Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) recorded a robust increase in diesel and petrol sales during July this year compared to the same month of the previous year, reflecting…
New Delhi, Aug 2 — The revival of the long-pending Ujh Multipurpose Project and the near-completion of the Shahpurkandi project reflect the Prime Minister Narendra Modi government's commitment to optimising India's share of the Ravi river waters and fast-tracking strategic infrastructure projects…
Bengaluru, Aug 2 — Declaring that businesses must ultimately serve society and not merely generate wealth, Tata Trusts Chairman, Noel Tata on Sunday spoke about the roadmap for India's largest philanthropic organisation, signalling a strategic intent towards creating enduring assets in healthcare…
New Delhi, Aug 2 — The meeting of Heads of National Statistical Offices (NSOs) of BRICS countries-- Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates (UAE)-- is scheduled to be held under India’s Chairship from August 3 to 4 in…