Business news

SEBI clears LIC's reclassification as public shareholder in IDBI Bank

SEBI clears LIC's reclassification as public shareholder in IDBI Bank

This means LIC will now be treated like any other public investor in IDBI Bank. As per SEBI's rules, LIC's voting rights in the bank will be limited to 10 per cent of the total voting power. "The voting rights of LIC shall not exceed 10 per cent (ten per cent) of the total net effective voting rights of the IDBI Bank," the company said in its regulatory filing. Aug 24, 2025
Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

GST Reforms Fuel Market Confidence Despite Global Headwinds

"However, the rally lost momentum toward the end of the week as investors turned cautious due to profit booking and external headwinds. A spike in the 10-year Indian government bond yield also raised concerns about the fiscal position in light of the GST reforms," said Vinod Nair, Head of Research, Geojit Investments Ltd. Aug 23, 2025
India's forex reserves jump $1.49 billion to $695.11 billion

India's forex reserves jump $1.49 billion to $695.11 billion

An increase in the country's foreign exchange kitty gives the RBI more headroom to strengthen the rupee vis-a-vis the US dollar. Adequate forex reserves enable the RBI to intervene in the spot and forward currency markets by releasing more dollars to prevent the rupee from going into a free fall and curbing its volatility. Aug 22, 2025

Jan 1, 1970
Stock market ends 6-session winning streak amid weak global cues

Stock market ends 6-session winning streak amid weak global cues

Sensex ended the session at 81,306.85, down 693.86 points or 0.85 per cent. Ending upward momentum, the 30-share index opened the session in negative territory at 81,951.48 against last session's closing of 82,000.71. The index further extended the losing momentum to hint intra-day low at 81,291.77 amid overall selling. Aug 22, 2025

Jan 1, 1970
Air India flight returns to Jaipur, minutes after take-off due to suspected technical snag

Indian airlines report heavy losses in FY25; Air India, Air India Express worst hit

By contrast, IndiGo, the country's largest airline, reported a pre-tax profit of Rs 7,587.5 crore during the year -- highlighting its continued dominance in the domestic market. The provisional data also revealed the mounting debt levels of Indian carriers. Air India's debt stood at Rs 26,879.6 crore, while IndiGo's debt was much higher at Rs 67,088.4 crore. Aug 21, 2025
Indian stock market opens higher, Sensex above 83,400

Indian stock market ends higher amid GST rate overhaul

Sensex closed at 82,000.71, up 142.97 points or 0.17 per cent. Continuing the rally for the fourth consecutive session, the 30-share index opened with a decent gap-up at 82,220.46 against last session's closing of 81,857.84. However, the index remained range-bound amid profit booking in the Auto and FMCG sectors. Aug 21, 2025

Jan 1, 1970

Jan 1, 1970

Jan 1, 1970
Prev 40 41 42 43 44 45 46 47 48 49 Next