Business
Indian Stocks Rally 1%+ Again: Sensex Hits 75K Milestone
Defying currency woes and soaring oil prices, Indian equities extended their winning streak on Thursday, marking the second consecutive day of strong closes. The Sensex jumped 1.06% or 789.74 points...
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Fuel Prices Ignite 8.3% Wholesale Inflation Spike in April
India's wholesale inflation roared back with a vengeance in April, hitting 8.3 percent year-on-year—more than doubling from March's tame 3.88 percent. The industry chamber blames it on a brutal rally...
Airtel Chief Mittal Eyes Next-Gen Leadership in Decade
Bharti Airtel's helm is set for a generational shift, as declared by founder Sunil Bharti Mittal. Speaking on Thursday during an earnings conference call, the telecom titan revealed plans to...
Government Debunks Textile Waste Dump Myth in India
In a strong rebuttal to overseas narratives, India's government has clarified that portraying the nation as a textile waste dumping site is misleading. The Textiles Ministry underscored the country's...
US-Iran Standoff: Indian LPG Carriers Safely Transit Hormuz Strait
Amid swirling uncertainties in the Middle East, two LPG ships destined for India have slipped through the Strait of Hormuz unscathed, despite the waterway's closure amid US-Iran hostilities. This...
April Wholesale Inflation Soars to 8.3% Amid Oil Price Boom
India's wholesale inflation has exploded to 8.3 percent in April, a stark jump from March's modest 3.88 percent, courtesy of skyrocketing crude oil costs. The Commerce Ministry's Thursday release...
CNG Cost Jumps Rs 2 in MMR: MGL Blames Global Crunch
In a move that's sure to stoke inflation fears, Mahanagar Gas Limited (MGL) has increased CNG prices by Rs 2 per kg across the Mumbai Metropolitan Region (MMR), bringing the new price to Rs 84 per kg...
Gold Gains Momentum, Silver Falls 0.75% in MCX Trading
Early Thursday trading on India's MCX painted a divergent picture for precious metals. Gold futures forged ahead with gains, contrasting sharply with silver's decline amid profit booking. The gold...
Sugar Export Ban in India: Key Move to Control Rising Prices
In a significant policy shift, the Indian government has prohibited all sugar exports effective immediately, extending until at least September 30. This drastic action comes as the nation grapples...