Business news

IPO-bound Smartworks' losses swell 21 pc to over Rs 63 crore in FY25

Of the total funds raised, about Rs 226 crore will go toward capital expenditures for security deposits and fit-outs in new centres, Rs 114 crore will go toward loan repayments, and the remaining sum will be used for general business needs.

Jul 7, 2025

Indian stock market opens marginally lower amid mixed global cues

Stock market ends flat as investors await clarity on India-US trade deal

The majority of broader indices closed in negative territory, with the Nifty Midcap 100 declining 0.27 per cent or 162 points and the Nifty Smallcap 100 down 0.44 per cent or 82.90 points. Nifty FMCG and Nifty 100 surged.

Jul 7, 2025

Indian stock market opens marginally lower amid mixed global cues

At around 9.28 am, Sensex was trading 75.59 points or 0.09 per cent down at 83,357.30 while the Nifty declined 18.25 points or 0.07 per cent at 25,442.75.

Jul 7, 2025

Sensex closes in green during volatile trade, Nifty ends at 24,336

Market outlook: India-US trade deal, Q1 FY26 earnings key drivers this week

The weekly chart indicates rejection at higher levels; however, the index has managed to hold above the crucial 57,000 mark. The selling pressure at higher levels suggests a potential pause in the ongoing uptrend, indicating a likely sideways phase in the near term, said the Choice Broking note.

Jul 6, 2025

FM Sitharaman discusses strategic partnerships with BRICS Finance Ministers

Finance Minister Nirmala Sitharaman, during her meetings with BRICS counterparts here, discussed issues of bilateral cooperation, including cooperation in multiple sectors to further strengthen strategic partnerships, according to an official statement.

Jul 6, 2025

'Resilient economy': India's forex reserves cross $700 billion mark again

This is the first time in nine months that India's forex reserves have gone above the $700 billion level. The reserves had last touched an all-time high of $704.88 billion in end-September 2024.

Jul 4, 2025

Tax benefits available under NPS will apply to UPS: Finance Ministry

The inclusion of the UPS under the tax framework marks another step forward in the government's effort to strengthen retirement security for Central government employees through transparent, flexible and tax-efficient options, the Finance Ministry said.

Jul 4, 2025

Stock market hits 9-month high as Sensex surges past 84,000, Nifty nears 25,650

How Jane Street rigged Indian stock market to make Rs 43,000 crore in options profits

The regulator found that between January 1, 2023, and March 31, 2025, Jane Street entities booked staggering profits of Rs 43,289 crore, largely from Bank Nifty options.

Jul 4, 2025

Tata Steel gets Rs 1,902 crore demand notice from Odisha govt

According to a stock exchange filing by Tata Steel, the demand is based on a revised calculation of average sale prices provided by the Indian Bureau of Mines.

Jul 4, 2025

Indian stock market opens higher, Sensex above 83,400

Indian stock market settles in green amid hopes for potential India-US trade deal

"The Indian market is experiencing a pause as investors adopt a wait-and-watch strategy ahead of the impending US tariff deadline with mixed global cues," said Vinod Nair, Head of Research, Geojit Investments Limited.

Jul 4, 2025

RBI withdraws Rs 1 lakh crore from banking system through VRRR auction to tackle surplus liquidity

The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the RBI, it received bids worth Rs 1,70,880 crore during the auction.

Jul 4, 2025

India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June

Early-stage funding stood at $361 million, a 10 per cent rise from H2 2024 and 9 per cent from H1 2024. The sector witnessed 16 acquisitions in H1 2025, a 45 per cent increase from H1 2024, according to the report by Tracxn, one of the world's largest platforms for tracking startups and private companies.

Jul 4, 2025

Indian stock market opens marginally up, Nifty above 25,400

The Nifty Midcap 100 index was trading at 59,771.65 after adding 88.40 points or 0.15 per cent. Nifty Smallcap 100 index was at 19,051.80 after adding 24.75 points or 0.13 per cent.

Jul 4, 2025

India's real GDP growth projected to grow at 6.4-6.7 pc in FY26: CII

India defies odds; real GDP growth projected to grow at 6.4-6.7% in FY26: CII

CII President Rajiv Memani said that at a time when global economic and political volatility is at its highest in over two decades, India stands out as a bright spot in an increasingly fractured global economy.

Jul 3, 2025

RBI advises banks to use DoT's Financial Fraud Risk Indicator to prevent cyber swindling

The RBI's advisory to all scheduled commercial banks, small finance banks, payments banks, and co-operative banks, issued on June 30, is a testament to the power of inter-agency collaboration in safeguarding citizens in India's growing digital economy, according to a DoT statement issued on Wednesday.

Jul 2, 2025

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Business news

IPO-bound Smartworks' losses swell 21 pc to over Rs 63 crore in FY25

Stock market ends flat as investors await clarity on India-US trade deal

Indian stock market opens marginally lower amid mixed global cues

Market outlook: India-US trade deal, Q1 FY26 earnings key drivers this week

FM Sitharaman discusses strategic partnerships with BRICS Finance Ministers

'Resilient economy': India's forex reserves cross $700 billion mark again

Tax benefits available under NPS will apply to UPS: Finance Ministry

How Jane Street rigged Indian stock market to make Rs 43,000 crore in options profits

Tata Steel gets Rs 1,902 crore demand notice from Odisha govt

Indian stock market settles in green amid hopes for potential India-US trade deal

RBI withdraws Rs 1 lakh crore from banking system through VRRR auction to tackle surplus liquidity

India holds 3rd rank globally in fintech startup funding with $889 million in Jan-June

Indian stock market opens marginally up, Nifty above 25,400

India defies odds; real GDP growth projected to grow at 6.4-6.7% in FY26: CII

RBI advises banks to use DoT's Financial Fraud Risk Indicator to prevent cyber swindling

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]