Business news

Centre transfers over Rs 4.28 lakh crore as tax revenue to states

The Centre has transferred Rs 4,28,544 crore to state governments as devolution of share of taxes during this period, which is Rs 61,914 crore higher than the previous year, the Finance Ministry said.

Aug 29, 2025

Reliance Jio to float IPO in first half of 2026: Mukesh Ambani

Reliance Industries Limited's (RIL) is aiming to list Jio by the first half of 2026, subject to all necessary approvals.

Aug 29, 2025

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

Sensex, Nifty slip as heavyweights drag stock markets amid tariff concerns

Sensex ended the session at 79,809.65, down 270.92 points or 0.34 per cent. The 30-share index opened flat at 80,010.83 against the last session's closing of 80,080.57. The Index traded flat most of the time before falling over 0.3 per cent in the closing hour, touching an intra-day low at 79,741.76.

Aug 29, 2025

Indian stock market resilient, US tariffs likely to have minimal impact: Jefferies' Christopher Wood

According to Wood, the plan to rationalise the Goods and Services Tax (GST) structure was long due, but the process accelerated after the US imposed steep tariffs on Indian imports.

Aug 29, 2025

Jan 1, 1970

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

Sensex, Nifty open marginally higher; FMCG stocks lead rally

The Asian markets traded mixed in the morning session, breaking ranks from Wall Street peers as investors assessed a slew of economic data in the region. Core consumer prices in Tokyo rose at a slower pace in August. The unemployment rate also eased to 2.3 per cent in July, down from 2.5 per cent the previous month.

Aug 29, 2025

BSE strengthens norms for SME migrating Mainboard, raises profit and trading requirements

BSE to introduce pre-market trading in index and stock F&O from Dec 8

"It is proposed to introduce Pre-Open Session for index & stock futures in the Equity Derivatives Segment from Monday, December 08, 2025 onwards," BSE said in a circular. Trading members are requested to note that there shall be no new changes in the Enhanced Trading Interface (ETI) API or market data broadcast streams to facilitate the roll-out of the said functionality, the exchange added.

Aug 28, 2025

Jan 1, 1970

Stock market ends lower ahead of key inflation data, tariff concerns

Indian equity indices decline sharply over US tariff concerns

Sensex ended the session at 80,080.57, down 705 points or 0.87 per cent. The 30-share index started the session in negative territory at 80,754 against last session's closing of 80,786.54 amid selling across the sectors. The Index further extended the losing momentum to hit an intra-day low at 80,013.02 following the implementation of US tariffs on Indian goods.

Aug 28, 2025

Indigo shares decline over 4 pc on promoter offloading stake

They have been reducing their stake in the airline since Rakesh Gangwal left the board in February 2022; as of 2025, they have sold almost 9 per cent of the company. By reducing their ownership of InterGlobe Aviation, Rakesh Gangwal and his family have raised more than Rs 45,300 crore since 2022.

Aug 28, 2025

Jan 1, 1970

India's economy continues on fast-growth track: CEA Nageswaran

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

"India's overall indebtedness levels reflect an incipient inflexion with a rise in private sector leverage. We expect private sector debt to continue to see modest expansion while public sector debt decline keeps overall debt manageable and improves the productivity of incremental debt," said the report.

Aug 28, 2025