Page 4 - Latest News

US carries out fresh targeted strikes on Iran's air defences: Trump

Trump described Friday's military action as 'minor', saying American forces destroyed an Iranian anti-aircraft system in minutes. Explosions were reported on Qeshm Island near the Strait of Hormuz

Eway bill generation hits fresh record of 156.2 million in October

E-way bill generation rose 23.14 per cent year-on-year to 156.21 million in October, reflecting stronger festive demand, higher goods movement and improved GST compliance

States' capital outlay may rise 10-12% to ₹8.5 trillion in FY27: Crisil

Higher central support under the SASCI scheme and improved fiscal headroom are expected to boost states' capital spending, with urban infrastructure driving growth in H2FY27

All 4 EV segments see highest ever October registrations: Fada data

EV retail rises 44.88% YoY; Tata leads electric PVs and TVS tops two-wheelers as supply constraints limit sales despite strong demand across vehicle segments in October

Samvat 2082: Commodities witness sharp volatility as crude surges

Brent crude surged 60.4% in Samvat 2082 amid the US-Iran conflict, while gold and silver fell in dollar terms after retreating from record highs, though rupee depreciation supported domestic returns.

2026 set for record auto sales, likely to touch 32 million units: Fada

Overall vehicle retail fell to about 3.17 million units as Diwali shifted to November this year, while electric vehicle sales rose 45 per cent to a record 355,000 units

Pressure on rupee continues in Samvat 2082; 10-year bond yields harden

The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points

Street remains bullish on Titan Company post Q2, stronger Q3 prospects

Analysts remain positive on Titan after its Q2 earnings, citing resilient jewellery demand, improving watch and eyewear performance, and stronger festive prospects in Q3

Correction in gold prices boosts Dhanteras sales, footfalls for jewellers

Jewellers reported strong footfalls and sales on Dhanteras as gold prices eased from their highs, while wedding purchases, old-gold exchanges and lightweight jewellery boosted demand.

Britannia to closely watch Reliance Consumer's entry into biscuit market

Britannia Industries will monitor Reliance Consumer's expansion into biscuits as competition intensifies, while planning further price hikes amid inflation and rising ecommerce demand

Best-ever Samvat for IPOs: Record ₹2.23 trillion raised, up 19.6%

India's primary market raised a record ₹2.23 trillion through 375 IPOs in Samvat 2082, with mainboard issues accounting for ₹2.12 trillion and SME offerings for the rest.

Unity SFB cannot sidestep BharatPe's consent, says Delhi High Court

The Delhi High Court has upheld BharatPe's right to approve key decisions at Unity SFB, rejecting the lender's appeal in a dispute over a proposed capital increase and stake dilution.

Samvat 2082: Record DII buying more than makes up for record FPI outflow

FIIs sold a record ₹4.55 trillion worth of Indian equities in Samvat 2082, while DIIs bought ₹8.55 trillion, cushioning the market against global turmoil and foreign selling

Govt approves 12 more electronics component projects under ₹40K cr scheme

The 12 new ECMS projects are expected to generate production worth ₹39,045 crore and create 7,127 direct jobs, while the ISM 2.0 portal will accept only complete applications.

Weakest Samvat in 15 years ends on a high for mkts as Sensex, Nifty rally

The Sensex and Nifty ended Samvat 2082 with losses of 4% and 3.1%, respectively, despite a sharp late rally that delivered their biggest weekly gains in nearly six years.

Street basks in Diwali glow: Benchmark indices post best week in 6 years

Rupee shines across Asia; Brent sinks most in a week since Covid

Singapore court orders seizure, sale of Tata Power's shares in its arms

The Singapore court has ordered enforcement of arbitration awards favouring Kleros, allowing seizure and sale of Tata Power's shares in two subsidiaries amid a long-running dispute

Satin Creditcare Network to build ₹100 cr buffer amid risks: H P Singh

The microfinance lender says it has seen no repayment stress from El Nino or the West Asia conflict but is building a cushion against potential shocks

Tesla to wind down Cybertruck production by mid-2027 after weak sales

Tesla plans to wind down Cybertruck production by mid-2027 as weak sales, repeated recalls and regulatory hurdles weigh on the electric pickup, freeing capacity for its Cybercab robotaxi.

Govt working on telecom PLI with focus on higher local value addition

The proposed second edition will prioritise design-led manufacturing and higher domestic value addition, with the proposal set to undergo inter-ministerial consultation before Cabinet approval