Business
4 IPO Stocks Tumble Up to 7.4% Post Lock-in Period End
The Indian equity markets kicked off the week with a rude shock for recent IPO investors. Four companies—Fractal Analytics, AI Finance, Park Medi World, and Nephrocare Health Services—saw their...
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February Trade Gap Shrinks to $27.1 Bn for India on Lower Imports
India's trade balance showed encouraging signs in February with the merchandise deficit narrowing to $27.1 billion, down from $34.68 billion in January. Official data from the Commerce Ministry,...
PhonePe Delays Public Listing Over Market Volatility
India's digital payments giant PhonePe has hit pause on its highly anticipated stock market debut. Citing ongoing geopolitical tensions and turbulent global markets, the company revealed Monday it is...
February WPI Inflation Rises to 2.13% on Food Price Surge
Wholesale inflation in India accelerated in February, reaching 2.13 percent according to the latest Wholesale Price Index data from the government. The increase from January's 1.81 percent was fueled...
Make in India Powers 1 Lakh+ Women Jobs in iPhone Plants
The 'Make in India' campaign is delivering real empowerment to Indian women, particularly in the high-tech world of electronics assembly. On Monday, Minister Ashwini Vaishnaw announced that over...
Silver Crashes ₹3,400+; Gold Weakens on Fed Watch
Precious metals took a hit in Mumbai on Monday, as silver prices cratered by more than ₹3,400 and gold softened ahead of the crucial US Federal Reserve policy review. The downturn erased recent...
Sensex Nifty Flat at Open on Weak Global Sentiment
Indian equities kicked off the week on a subdued note Monday, with benchmark indices showing minimal movement against a backdrop of frail international cues. Sensex declined by 148 points or 0.20% to...
Adani Power Wins MSEDCL's 1,600 MW LoA at Record Low Tariff
Adani Power Limited has emerged victorious in a fiercely competitive bid from MSEDCL, securing a Letter of Award for 1,600 MW power supply from its forthcoming ultra-supercritical thermal plant. The...
India Fuel Supply Stable: Online LPG Booking Urged Amid Concerns
In a reassuring update, India's Petroleum Ministry has dismissed rumors of fuel scarcity, confirming robust production and distribution networks. Refineries are humming at full throttle, churning out...