Page 1148 - Latest News

Rate-cut expectations lift benchmark equity indices to near peak levels

Renewed expectations of December rate cuts by the Fed and RBI lifted sentiment, sending the Nifty near a record close and giving indices their strongest single-day rise in five months.

India set for 3rd-biggest tariff shock in global apparel and footwear trade

However, the other exporting countries, including Bangladesh, Indonesia, Cambodia and Pakistan, will have a much lower incremental impact than India

Eternal infuses ₹600 cr into Blinkit as qcom expansion accelerates

Eternal has invested another ₹600 crore in Blinkit to support expansion and operating needs, marking its third infusion this year as competition in India's quick commerce space intensifies

There is still room for us to reduce commission: Bajaj Life Insurance MD

MD & CEO of Bajaj Life Insurance, spoke about how the company has navigated the challenges related to the withdrawal of Input Tax Credit (ITC), how life has been after Allianz's exit

Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine

Apple has challenged CCI's amended law allowing penalties on global turnover, arguing the rule is arbitrary, disproportionate and contrary to the Excel Crop ruling, and could expose it to $38-bn fine

May open engine unit in India if more Rafales ordered: Safran CEO

Safran says it could establish an M88 engine assembly line in India if large Rafale orders are placed, as the firm expands Leap and M88 MRO facilities and triples India revenue by 2030

Bharti Airtel promoter entity ICIL sells 3.43 cr shares for ₹7,189 cr

After the share sale, Bharti Airtel's scrip fell 3 per cent to Rs 2,097.50 apiece on the NSE while it dipped by 2.81 per cent to Rs 2,100 per share on the BSE

Adani Enterprises REs trade between ₹373-600 as rights issue opens

Nearly 5 million REs of Adani Enterprises changed hands between Rs 373 and Rs 600 as its Rs 24,930-crore rights issue opened, with ETFs selling REs due to restrictions on holding partly paid shares

Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center

Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub

Smallcap funds pare core exposure as market valuation worries remain

Allocation to smallcap basket declines from 76.4% a year ago to 74.4%

States can draft labour code rules at their pace if aligned with new laws

Reportedly, the centre is in works to come up with the rules under the new codes by the first week of December, following which there will be a 45 day window for stakeholder consultations

Ace International raises ₹305 cr to build dairy nutrition hub in Andhra

Funding from FMO, responsAbility, Incofin, and Fiedlin will back a greenfield facility in Kuppam, aimed at high-performance, customised nutrition ingredients

Excelsoft Tech shares debut 5% higher after IPO subscribed 43 times

During the day, the stock surged 18.87 per cent to Rs 142.65 on the BSE. It finally ended at Rs 125.95 per share, up 4.95 per cent

Retail investors turn cautious as they dump stocks by most since 2023

That puts them on pace for the biggest quarterly selloff since the quarter ended June 2023, data compiled by Bloomberg showed

Review medium-term debt target, make it more ambitious: IMF to Centre

In its Article 4 review, the Fund called for broader debt anchors, stronger state-level reforms and careful monitoring of tax cuts as India continues fiscal consolidation

India rejects IMF view that US tariffs will stay indefinitely, hit growth

The IMF identified further escalation of trade tensions and deepening geoeconomic fragmentation as a significant near-term risk for India

India's new test for Permanent Establishment: Control over Presence

The Hyatt case has reignited a debate over what constitutes a permanent establishment, with courts increasingly focusing on the 'form over substance' principle

No systematic bias in inflation forecasts, asserts RBI dy guv Poonam Gupta

RBI Deputy Governor Poonam Gupta said MPC inflation and growth forecasts show no directional bias and outlined the central bank's multi-model forecasting approach

Steel prices may stabilise in Q4FY26 as demand rises despite imports

Global oversupply and Chinese exports continue to weigh on prices, but strong domestic demand and expected duty support could help stabilise Indian steel prices by the final quarter of FY26

Google Meet down as users see '502 error': What's causing the outage?

Google Meet users across India faced trouble joining calls as a '502 error' appeared on screens; most complaints were about website glitches and server issues