Economy News

Swiggy

Swiggy's losses nearly double in Q1 to Rs 1,197 crore

Swiggy's overall EBITDA loss also increased to Rs 954 crore, compared to Rs 544 crore in the same quarter previous year. However, the food and grocery delivery major recorded a 53.9 per cent jump in its revenue from operations to Rs 4,961 crore during the June quarter against Rs 3,222 crore in Q1 FY25. Jul 31, 2025
sensex nifty

Indian stock market defies US tariffs threat; settles slightly lower

Sensex ended the session at 81,185.58, down 296.28 points or 0.36 per cent. The 30-share index opened the trading with a significant fall at 80,695.50 against the last session's closing of 81,481.86. The index showed some resiliency, erasing early gains and returning in green in the afternoon, hitting an intraday high at 81,803.27 amid buying in the consumer sector. However, it did not hold up the momentum in the closing hour due to a monthly expiry day. Jul 31, 2025
NSE's Q1 net profit rises 10.3 pc sequentially, revenue falls 10.6 pc YoY

NSE's Q1 net profit rises 10.3 pc sequentially, revenue falls 10.6 pc YoY

Revenue from operations for the same quarter increased by 6.92 per cent sequentially to Rs 4,032 crore, compared to Rs 3,771 crore in previous quarter. However, on YoY basis, the revenue was down by 10.59 per cent from Rs 4,510 crore in Q1 FY25, the company stated in its financial statement. Jul 29, 2025
Black Money: Govt raises Rs 35,104 crore tax demand and penalty in 10 years

Black Money: Govt raises Rs 35,104 crore tax demand and penalty in 10 years

In addition, demand of Rs 13,385 crore has been raised (till March 31, 2025) on account of penalties imposed under various sections of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, Minister of State for Finance, Pankaj Chaudhary, told the Rajya Sabha in a written reply to a question. Jul 29, 2025
India sees over 65,000 crore digital transactions worth Rs 12,000 lakh crore in last 6 fiscals

India sees over 65,000 crore digital transactions worth Rs 12,000 lakh crore in last 6 fiscals

The government has been closely working with different stakeholders including the Reserve Bank of India (RBI), National Payments Corporation of India (NPCI), fintechs, banks and state governments to increase the adoption rates of digital payments in the country including in tier-2 and tier-3 cities, said Pankaj Chaudhary, Minister of State for Finance, in a written reply to a question in Lok Sabha. Jul 29, 2025
Sensex projected to touch 115,836, Nifty to surpass 43,800 by FY28: Report

Indian Markets post modest weekly decline as Q1 earnings disappoint

The Nifty50 breached the key level of 24,900, and reached 24,837 when the market closed on Friday. FIIs consistently remained net sellers for last five sessions, reflecting broad-based selling pressure. Mid-cap and small-cap indices saw steeper corrections, underperforming the benchmark. Jul 26, 2025
India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

India expected to clock 6.6% growth in FY26 despite uncertain global outlook

The Standard Chartered global outlook report expects India to clock steady GDP growth of 6.6 per cent in FY26 compared to 6.5 per cent in FY25. While strong macro fundamentals provide the cushion, the bank also flags that India is not immune to tariff risk and the outcome of trade talks with the US and the EU will be key to growth prospects. Jul 22, 2025
Indian rupee vs dollar

Rupee weakens against dollar amid global and domestic economic pressures

At the interbank foreign exchange, the rupee opened at 86.27 against the greenback. During the initial trading session, it hit a low of 86.36, marking a 20 paise drop from its previous close. On the preceding Friday, the rupee had settled 4 paise lower at 86.16 against the US dollar. Jul 21, 2025
Dividend Stocks To Watch This Week — Hero MotoCorp, 3M India, LIC, Divi's Labs

Key Dividends to watch out for : Hero MotoCorp, LIC, and more

Hero MotoCorp, 3M India Ltd., Life Insurance Corp., Divi's Laboratories Ltd., Pidilite Industries Ltd., Hatsun Agro Product Ltd., Lupin Ltd. and Union Bank of India are some of the companies that are set to issue dividends to their stakeholders ahead of their respective record dates next week. Jul 20, 2025
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