Business news

Adani Portfolio's tax contributions reach Rs 58,104 crore for FY 2023-24

The Adani Group's total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year's Rs 46,610.2 crore through its portfolio of listed entities, the company said on Sunday.

Feb 23, 2025

Indian stock market consolidates amid global uncertainties, FIIs to return soon

Indian stock markets remained in a consolidation phase this week, with benchmark indices Sensex and Nifty slipped over half a per cent amid weak global cues and trade war concerns.

Feb 22, 2025

Indian share market ends lower, Nifty below 23,700

Stock market ends lower amid broad-based weakness, weak global cues

The Indian stock market closed lower on Friday and on a weekly basis, the Nifty and the Sensex extended their losses amid weak global cues and broad-based weakness.

Feb 21, 2025

India's private sector output surged to 6-month high in Feb: HSBC survey

Private sector output in India increased at the fastest pace in six months during February, amid a quicker expansion in services activity, according to HSBC's flash PMI data survey released on Friday.

Feb 21, 2025

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock market trades almost flat, rupee strengthens

The domestic benchmark indices were trading nearly flat in the morning trade on Friday amid mixed global cues, as automobile stocks weighed on the sectoral indices.

Feb 21, 2025

Indian e-commerce industry to touch $550 billion by 2035: Report

Driven by Internet penetration, digital payment infrastructure and a young, tech-savvy population, the Indian e-commerce sector is expected to touch $550 billion by 2035, growing at a CAGR of 15 per cent, a new report said on Thursday.

Feb 20, 2025

Maruti Suzuki India's sales down 3.9 pc in August, Kia India logs 17.1 pc growth

Maruti Suzuki's new mid-term plan aims to make India an export hub, launch more EVs

The Suzuki Motor Corporation of Japan, the parent company of Maruti Suzuki India, on Thursday announced a new mid-term plan with a "rethink" in its strategy as "the business environment has changed due to declining market share in India" and the growing electrical vehicles segment.

Feb 20, 2025

Sensex, Nifty snap four-day winning streak amid profit booking in financial stocks

Indian Markets Slip as Nifty Drops Below 22,900 Amid Global Uncertainty

At 9:37 a.m., the BSE Sensex was down 219.70 points (0.29%) at 75,719.48, while the NSE Nifty lost 45.75 points (0.20%) to trade at 22,887.15.

Feb 20, 2025

India's CNG vehicle count surged 3-fold to 7.5 million units in last 8 years amid green push: Crisil

Domestic annual sales of Compressed Natural Gas (CNG) vehicles are forecast to reach 1.1 million units by the end of the current financial year, driven by the government's ongoing push for cleaner fuels, according to a Crisil report released on Wednesday.

Feb 19, 2025