IBT Business Desk

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BJP credits PM Modi's vision as India estimated to grow 7.4 pc in FY26; Oppn calls economy 'dead'

BJP credits PM Modi's vision as India estimated to grow 7.4 pc in FY26; Oppn calls economy 'dead'

RJD spokesperson Mrityunjay Tiwari said that while GDP growth figures may appear encouraging, they do not reflect the lived reality of ordinary citizens. "GDP growth is one thing, but the condition of the poor and common people is entirely different. There is a huge gap between these figures and reality. The pockets of the poor are empty, people are distressed, and common citizens are suffering," he said. 3 hours ago
Rupee up 26 paise at open as RBI support boosts sentiment

Indian rupee declines amid RBI intervention and tariff concerns

Indian rupee falls to 90.0175 post RBI intervention, US tariff concerns. Earlier during the day, bankers expressed skepticism regarding the sustainability of the rupee's rebound from 90.30 to 89.75 and advised importers to hedge against the rupee's strengthening. 3 hours ago
Indian stock market opens lower, IT stocks lead losses

Sensex, Nifty end lower as India-US trade tension fears spook investors

Investor sentiment turned cautious after reports suggested that the administration of US President Donald Trump could consider imposing steep tariffs of up to 500 per cent on Indian goods. The possibility of such harsh trade measures triggered widespread selling across sectors, leading to broad-based risk aversion in the market. 4 hours ago
Sensex, Nifty trade flat in early deals amid weak global cues

Sensex, Nifty end lower amid geopolitical worries

At the close of trade, the Sensex slipped 102.20 points, or 0.12 per cent, to settle at 84,961.14. The Nifty also closed in the red, falling 37.95 points, or 0.14 per cent, to end at 26,140.75. 1 day ago
Elon Musk Hints at Launching 'The America Party' Amid Rift With President Trump

Elon Musk's xAI completes $20 billion funding round with Nvidia backing

The company did not disclose individual investment amounts or the split between debt and equity, and named Stepstone Group, Fidelity Management & Research, MGX, Baron Capital Group and Cisco Systems Inc.'s investment group among other investors who participated in the funding. 1 day ago
Sensex, Nifty open higher amid positive global cues

Nifty, Bank Nifty hit record highs, Sensex up 0.67 pc

"The index remains in a short-term consolidation phase amid tariff-related and geopolitical uncertainties, while holding above the crucial 26,100–26,000 support zone, which coincides with the 20-day EMA and a key psychological level," an analyst said. 2 days ago
Trump threatens BBC lawsuit, says he urged Xi on Jimmy Lai's release

US to receive over $600 billion in tariffs, says Trump

In a post on his Truth Social platform, Trump said: "We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs, but the Fake News Media refuses to talk about it because they hate and disrespect our Country, and want to interfere with the upcoming Tariff decision, one of the most important ever, of the United States Supreme Court." 2 days ago