Arvind Fashions' Q1 profit drops 24% despite strong revenue growth

Mumbai: Arvind Fashions, which retails premium international brands such as Arrow, Calvin Klein and Tommy Hilfiger in India, reported a 23.8 per cent decline in consolidated net profit for the first quarter of FY27, as rising costs offset strong revenue…

NRI Deposits Likely to Push Bank Deposit Growth to 15% in FY27: SBI Research

New Delhi- Inflows into Foreign Currency Non-Resident (Bank) or FCNR-B deposits are expected to strengthen India's banking sector by raising overall deposit growth to around 15 per cent in FY27, helping reduce the gap between deposit and credit…

Q1 Earnings, Global Tensions to Keep Dalal Street on Edge This Week

Mumbai: Domestic corporate earnings and global geopolitical developments are expected to steer the Indian stock market in the coming week after benchmark indices extended their recovery despite concerns over rising oil prices, foreign fund outflows…

Nepal launches first direct rail cargo service from Kolkata to Biratnagar

Kathmandu: Nepal and India marked a major milestone in cross-border trade on Friday with the launch of the first-ever rail cargo service between Kolkata and Biratnagar, creating a new logistics corridor for imports from third countries under the Nepal–India…

India Has Become a Global Hub for Innovation and Enterprise, Says FM Sitharaman

New Delhi- Finance Minister Nirmala Sitharaman on Saturday said India has emerged as a leading destination for innovation and entrepreneurship, encouraging young business leaders to tap into the country's growing opportunities and build globally…

Maruti Suzuki to Challenge Consumer Court Order on Grand Vitara E20 Compatibility

New Delhi: Maruti Suzuki India has asserted that its Grand Vitara is fully compatible with E20 fuel and announced that it will challenge a consumer court order directing the company to replace a customer's vehicle over alleged fuel-related technical…

Sensex surges nearly 1,000 points as banking and IT stocks power market rally

Mumbai: Indian benchmark indices ended the week on a strong note on Friday, with robust buying in private banking, information technology and automobile stocks lifting the markets sharply higher.

The BSE Sensex soared 964.58 points, or 1.25…

Easing oil prices brighten outlook for Indian markets; Sensex could reach 84,000 by end of 2026: HSBC

Mumbai: India's equity market outlook has turned more positive as falling crude oil prices, strong domestic consumption and improving macroeconomic conditions are expected to support corporate earnings, with the benchmark Sensex projected to touch…

Passenger Vehicle Dispatches Jump 24% in June as Auto Sales Maintain Strong Momentum: SIAM

New Delhi: India's automobile industry continued its strong growth trajectory in June, with domestic passenger vehicle dispatches from manufacturers to dealers rising 24.1 per cent year-on-year to 3,88,144 units, according to data released by…

Industry Bodies Welcome India-UK FTA, Call It a Boost for Trade, Technology and Talent

New Delhi: India's leading industry bodies, Nasscom and the Federation of Indian Chambers of Commerce and Industry (FICCI), on Wednesday welcomed the implementation of the India-UK Free Trade Agreement (FTA), describing it as a major step towards…