SpiceJet Stock Slumps 10% to 11-Year Low After Heavy Block Deals

Mumbai- Shares of SpiceJet plunged 10 per cent on Wednesday, hitting the lower circuit amid heavy block deal activity that triggered sharp selling pressure on the counter.

Around 8.4 per cent of the airline’s total equity changed hands…

India’s e-commerce market set to almost double to $300 billion by 2030: Report

Mumbai- India’s e-commerce industry, currently valued at around $120–140 billion, is expected to surge to $280–300 billion by 2030, even as online sales continue to account for just 7–8 per cent of total consumer spending,…

India’s Capex Falls 23.4% in Q3 Amid Adjustment in Government Spending: ICRA

New Delhi- India’s capital expenditure declined sharply by 23.4 per cent year-on-year in the third quarter of FY2025–26, largely due to a moderation in central government spending, according to a report released on Sunday by ICRA.

GIFT Nifty Touches Record $23.48 Billion Turnover, Posts Highest-Ever Single-Day Volume

Mumbai — Trading in GIFT Nifty reached an all-time high on Friday, underscoring the accelerating momentum in India’s equity derivatives segment.

The index recorded its highest-ever single-day trading volume of 457,989 contracts,…

Surat Emerges as Global Trade Hub with $10.55 Billion in Exports

Gandhinagar: Surat has strengthened its position as a major global trade hub, registering exports worth $10.55 billion (approximately Rs 95,710 crore) in the financial year 2024–25.

Renowned for its diamond cutting and polishing…

Sensex, Nifty Open Lower as IT Stocks Extend Decline

Mumbai: Indian equity benchmarks opened the final trading session of the week on a weak note on Friday, extending the sharp losses recorded in the previous session amid fragile global cues.

As of 9:26 a.m., the Sensex was down 154 points, or…

Markets Tumble as BSE Sensex and Nifty 50 Post Sharpest Fall in Over Two Weeks

Mumbai: Indian benchmark indices came under intense selling pressure on Thursday, logging their steepest single-day decline in more than two weeks amid escalating geopolitical tensions and a surge in crude oil prices.

The Sensex plunged…

Microsoft to Invest $50 Billion to Expand AI Access Across the Global South

New Delhi: US technology major Microsoft announced on Wednesday that it is on track to invest $50 billion by the end of the decade to accelerate the adoption of artificial intelligence across countries in the Global South.

In a blog post, Brad…

Ready-Made Garment Export Figures Reflect Apparel Sector’s Resilience: AEPC

New Delhi — The Apparel Export Promotion Council (AEPC) on Tuesday stated that the latest ready-made garment (RMG) export data underscores the resilience of Indian apparel exporters amid challenging global conditions.

On a cumulative…

India’s Wholesale Inflation Rises Slightly to 1.81% in January

New Delhi – India’s annual wholesale inflation rate rose to 1.81 per cent in January compared to the same month last year, according to data released by the Ministry of Commerce and Industry on Monday.

The increase in inflation…