Nifty, Sensex open higher in early trade; metal stocks lead gains

Mumbai (IANS) - The Indian benchmark indices opened higher on Wednesday, after the US inflation data raised expectations of a Federal Reserve rate cut. The BSE Sensex advanced 0.22 per cent or 179 points to 80,414 points. The Nifty 50 inched up to…

US Tariffs: Strong Corporate Health, Govt Aid Could Limit Impact on India, Says Crisil

New Delhi – India’s strong corporate balance sheets, potential new trade deals, and likely government support for affected industries could help soften the blow from higher US tariffs, according to a Crisil report released Tuesday.

Crisil noted…

Indian Rupee Gains Against US Dollar Despite Tariff Worries

New Delhi- The Indian rupee opened stronger on Monday, even as markets weighed the impact of an additional 25% tariff on Indian goods proposed by US President Donald Trump, set to take effect on August 27.

The currency’s upward move was partly…

Govt Reviews Petrol Pump Licensing Rules to Boost Efficiency, Alternative Fuels

New Delhi — The Ministry of Petroleum and Natural Gas has set up an expert committee to review the 2019 licensing norms for petrol pumps, with a focus on improving market efficiency and aligning with India’s goals for alternative fuels, decarbonisation,…

Indian Railways Launches Discounted ‘Round Trip Package’ for Festive Season Travel

New Delhi- In a bid to ease ticket booking and manage heavy passenger traffic during the upcoming festive rush, the Ministry of Railways on Saturday announced the introduction of a special ‘Round Trip Package’ offering discounted fares and rebate…

SBI Reports 12.5% Rise in Q1 Net Profit to ?19,160 Crore

Mumbai – India’s largest public sector lender, State Bank of India (SBI), on Friday reported a 12.5% year-on-year increase in net profit to ?19,160 crore for the April-June quarter (Q1 FY26), up from ?17,035 crore in the same quarter last year.

New US Tariffs Not a Major Concern for India Due to Its Vast Domestic Market: Mark Mobius

New Delhi – Billionaire investor Mark Mobius believes that the upcoming 50% tariffs on Indian goods, announced by US President Donald Trump, are unlikely to significantly impact India’s economy. According to Mobius, India's large domestic market…

US Tariffs Expected to Impact Only 0.19% of India's GDP: Industry Report

New Delhi – The proposed US tariffs on Indian goods are expected to have a minimal impact on the Indian economy, affecting just 0.19% of the country’s GDP, according to industry estimates released on Wednesday.

The tariffs, set to take effect…

Indian service sector remains strong in July amid growth in orders, global sales: HSBC PMI

New Delhi (IANS) Ongoing improvements in demand for the Indian services continued to support the growth of total new orders, international sales and output in the month of July, a report said on Tuesday. At 60.5 in July, the seasonally adjusted Services…

India’s Writing and Printing Paper Industry Set for 4–5% Revenue Growth This Fiscal: CRISIL

New Delhi : India’s writing and printing (W&P) paper manufacturers are projected to witness a revenue growth of 4–5% in the current financial year, driven by stable volumes and a moderate rise in prices, according to a report by Crisil Ratings released…