Page 1858 - Latest News

S&P upgrades India's credit rating to 'BBB' after 18 years, outlook stable

Upgrades by a notch to BBB amid US tariff jitters; FinMin says it's an affirmation of fiscal management

Crude oil prices rise as US Fed rate cut, Trump-Putin talks loom

Central banks, like the U.S. Federal Reserve, use interest rates to control inflation. Lower interest rates reduce consumer borrowing costs and can boost economic growth and demand for oil

Retailers, online firms may score big over Independence Day weekend

Raksha Bandhan cheer rolls into the holiday break, with fashion and consumer durables eyeing a near double-digit sales lift

South India pulls clear in online FMCG adoption, says Nielsen report

Nielsen report states southern metros led with an 18.4% share

PhonePe tops UPI in July with 8.93 bn transactions, 46% market share

PhonePe processed 8.93 bn UPI transactions in July, ahead of Google Pay's 6.92 bn, as total UPI volume hit a record 19.46 bn worth ₹25.08 tn, NPCI data shows

Passenger vehicle despatches in reverse gear for 3rd straight month in July

PV production in July was nearly unchanged at 398,071 units (up 0.1 per cent), indicating that original equipment manufacturer despatches are being calibrated to retail demand

Best of BS Opinion: India at 79: A test of resilience, reform, reckoning

Here are the best of Business Standard's opinion pieces for today

Foxconn sees robust AI demand as second-quarter profit tops forecast

The company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter, though it also warned of uncertainty from U.S. tariffs

Nvidia's 'Trump tax' of little concern to investors eyeing AI riches

A look at balance-sheet math goes a long way to explaining why. In the first quarter, Nvidia said it sold $5.5 billion in products to China, roughly 13% of its total

Muted stock market debut for JSW Cement; Regaal Resources booked 159.88x

Transformer components manufacturer Man­gal Electrical Industries on Thursday fixed a price band of ₹533 to ₹561 per share for its upcoming ₹400 crore initial public offering (IPO)

Pak awards military officials for their services during conflict with India

The Pakistan government on Thursday awarded dozens of civilian and military officials, including ministers and services chiefs, for their role in the four-day conflict with India.

Lower crude oil prices point to further downsides for ONGC stock

For ONGC Videsh or OVL, oil and gas production in the quarter stood at 1.75 mmt (down 2 per cent Q-o-Q) and 0.7 bcm (down 13 per cent Q-o-Q)

Israel set to expand settlements into West Bank to 'bury' Palestinian state

The West Bank-based administration of Palestinian Authority President Mahmoud Abbas condemned the announcement

India falls out of favour, optimism returns for China: BofA survey

Bank of America survey finds India now least preferred Asian equity market as tariffs hit sentiment, while China gains on growth hopes and Japan retains top spot

Vladimir Putin ready to make deal on Ukraine: US President Trump

The aim of Friday's talks with Putin is to set up a second meeting including Ukraine, Trump said, adding: "I don't know that we're going to get an immediate ceasefire

Sebi chief Pandey calls for stronger defence against cyberattacks

Tuhin Kanta Pandey calls for constant vigilance, cyber drills, and strong internal safeguards to protect exchanges and investors from escalating online threats

The killer bolt: Lightning strikes now India's deadliest weather hazard

Lightning, a sudden discharge of electricity during thunderstorms, requires four conditions: intense heating, high humidity, atmospheric instability, and a trigger such as low pressure

Sensex, Nifty snap six-week losing streak after flat Thursday close

Sensex and Nifty ended flat on Thursday but broke a six-week losing run, supported by gains in banking and IT stocks, as FPIs covered shorts ahead of the US-Russia summit

Rating upgrade shows reforms paying off, says S&P's Yee Farn Phua

S&P upgrades India's sovereign rating citing strong growth, fiscal discipline, and infrastructure push, while warning against policy reversals and subsidy-heavy spending

Pre-IPO deals moderate after peaking in 2023 amid buoyant primary markets

Narrowing valuation gap between pre-IPO and issue prices seen as key factor