Business news

Jan 1, 1970

Oracle's Larry Ellison becomes world's richest person, surpasses Elon Musk

Forbes' real-time billionaire rankings show Ellison's fortune increased by $101 billion, raising his total net worth to $395.7 billion after Oracle shares experienced a historic rally, surging 41 per cent on Wednesday on New York Stock Exchange (NYSE) — marking the steepest increase since 1992. Musk's fortune has slipped after Tesla shares fell 14 per cent in 2025.

Sep 11, 2025

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

Sensex opens marginally up, Nifty near 25,000 amid mixed global cues

Among sectoral indices, Nifty Media, the top gainer, jumped 1.46 per cent. Nifty PSU bank (up 1.11 per cent) and Nifty oil and gas (up 0.91 per cent) were the other major gainers. All other indices made marginal gains or losses.

Sep 11, 2025

Jan 1, 1970

Stock market ends flat; auto shares surge as IT and FMCG decline

Stock market ends higher over US-India trade deal optimism

Sensex ended the session at 81,425.15, up 323 points or 0.43 per cent. The 30-share index opened with a decent gap-up at 81,504.36 against the last session's closing price of 81,101.32 amid buying in IT and FMCG stocks. The index hit an intra-day high at 81,643.88.

Sep 10, 2025

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 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