Business news

Jan 1, 1970

GST rate cut to spur credit growth of banks, NBFCs: Report

While the pace of incremental bank credit growth in the current year lags at Rs.3.9 lakh crore for the first five months of FY2026 compared to Rs.5.1 lakh crore for the previous year, the GST rate cuts aimed at spurring domestic demand would support credit expansion for banks and NBFCs in the near term.

Sep 10, 2025

Sensex, Nifty open with gains as potential rate cut in US boosts sentiment

Sensex, Nifty jump over positive development on India-US trade talks

The Sensex was up 334 points or 0.41 per cent at 81,435 in the early morning trade, and the Nifty was up 106 points or 0.43 per cent at 24,975. The broadcap indices made strong gains, as Nifty Midcap 100 inched up by 0.73 per cent, and the Nifty Small cap 100 moved up 0.71 per cent.

Sep 10, 2025

BSE warns investors about four unregistered entities offering stock tips, seeking confidential data

India remains 'ripe for long-term alpha creation', says Jefferies

Analysts believe that the automobile sector will be among the biggest beneficiaries of the GST cut, with demand expected to rise sharply after September 22.

Sep 9, 2025

Indian stock market opens higher, Sensex above 83,400

Sensex ends 314 points higher, Nifty at 24,869 led by IT stocks

The Nifty also followed suit and rose 95 points to close at 24,869. Technical analysts noted that the Nifty has reclaimed its 100-day moving average at 24,820, a sign of short-term bullishness.

Sep 9, 2025

Jan 1, 1970

RBI's Gold Loan Rules: A New Era for Lenders

Gold scales record high, silver hits 14-year peak on Fed cut bets

The gold prices touched an all-time high, while silver climbed to a 14-year peak in international markets. On the MCX, the yellow metal futures for December delivery appreciated Rs 458 or 0.41 per cent to hit a lifetime high of Rs 1,10,047 per 10 grams.

Sep 9, 2025

Sensex up 350 points, Nifty above 24,850; IT stocks lead rally

Nifty IT advanced on the back of strong gains by Infosys (up 3.35 per cent) as the company had announced that it will consider a buyback of shares along with its results next month. IT company Wipro also advanced 2.36 per cent.

Sep 9, 2025

Trump says no tariffs on gold imports, extends China tariff deadline

Gold surges Rs 1,700, silver jumps Rs 1,200 to hit fresh all-time highs

Gold and silver prices witnessed a sharp surge on Monday, with both precious metals touching all-time highs, buoyed by geopolitical uncertainties, including ongoing US tariff concerns.

Sep 8, 2025

Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

Sensex ends 70 points higher, Nifty nears 24,800

Sensex closed at 80,787.30, up 76.54 points or 0.09 per cent. The 30-share index opened the session with a decent gap-up at 80,904.40 against the last session's closing of 80,710.76, buoyed by GST rationalisation and bullish momentum in auto and metal stocks. The index jumped around 400 points to hit an intraday high at 81,171.38.

Sep 8, 2025

Tirupati-bound SpiceJet flight returns to Hyderabad due to technical snag

SpiceJet's stock falls over 5 pc over weak Q1 results

The budget carrier slipped into losses during the April-June quarter, reporting a consolidated net loss of Rs 234 crore. On a standalone basis, the airline reported a net loss of Rs 235.08 crore. This is a sharp reversal from the net profit of Rs 158.18 crore it had posted in the same quarter previous year.

Sep 8, 2025

Pahalgam terror attack: Nirmala Sitharaman cuts short US-Peru visit

Nil GST on life, health insurance to boost affordability, consumption

The move comes as part of the broader GST rationalisation, which merged the 12 per cent slab with 5 per cent and subsumed the 28 per cent into 18 per cent. Health and life insurance, which earlier attracted 18 per cent GST, have now been moved to the nil tax category.

Sep 8, 2025

India most resilient economy among top 10, to become 4th largest one by 2026: PHDCCI

Indian businesses record M&A worth $11.4 billion in August, highest in value since June '22: Report

As per the report, domestic transactions made up 79 per cent of volumes, while cross-border accounted for 95 per cent of values. In the private equity segment, 123 deals worth $1.8 billion were recorded, which is up in volumes but down 10 per cent in value month-on-month (MoM).

Sep 8, 2025

Jan 1, 1970

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

Stock market opens higher, auto stocks lead rally over GST booster

Among sectoral indices, the Nifty Auto was the top gainer, rising 1.52 per cent, followed by Nifty Metal and Nifty Realty. In the Nifty pack, Tata Steel (up 2.57 per cent), Tata Steel, Tata Motors NTPC, Hindalco and SBI were the major gainers, while losers included SBI Life Insurance, Asian Paints, Dr Reddys Labs, Titan Company and Trent.

Sep 8, 2025