Strong SUV Demand Drives Double-Digit Sales Growth for Hyundai and Kia in India

Seoul: Strong demand for sport utility vehicles (SUVs) helped South Korean automakers Hyundai Motor and Kia register robust sales growth in the Indian passenger vehicle market during the first five months of 2026, according to industry data released…

BFSI Funds Top May Returns as Investors Continue to Favour Large-Cap Mutual Funds

Mumbai: Banking, Financial Services and Insurance (BFSI) thematic mutual funds emerged as the best-performing investment category in May, delivering a 5.5 per cent return while attracting Rs 1,013 crore in net inflows, according to a report by Vallum…

India Expands LPG Import Sources Amid West Asia Crisis; OMCs Bear Rs 22,000 Crore Losses

New Delhi: India significantly diversified its liquefied petroleum gas (LPG) imports during the recent conflict in West Asia, increasing purchases from the United States, Iran, and several other countries to reduce its dependence on Gulf suppliers,…

IT Stocks Sink as Accenture Outlook Cut Triggers Sharp Sell-Off in Sector

Mumbai: Indian IT stocks witnessed heavy selling on Friday, dragging the Nifty IT index down more than 6 per cent after global technology services giant Accenture lowered its revenue growth forecast and warned of a challenging demand environment.

Higher Oil Prices May Push India's Current Account Deficit to 2.2% of GDP in FY27: Crisil

New Delhi: India's current account deficit (CAD) is expected to widen sharply to 2.2 per cent of GDP in FY27 from an estimated 0.6 per cent in FY26, as persistently high global crude oil prices put pressure on the country's…

OMC Stocks Surge as Crude Oil Falls Below $80 per Barrel

Mumbai: Shares of state-owned oil marketing companies (OMCs) rallied on Wednesday after global crude oil prices slipped below the $80-a-barrel mark, boosting investor sentiment on expectations of lower input costs and improved profitability.

RBI Opens Direct Equity Investment Route for Foreign Individuals in Listed Indian Companies

Mumbai: The Reserve Bank of India (RBI) has taken a significant step to boost foreign investment by allowing authorised dealer (AD) banks to open repatriable rupee accounts for overseas individuals investing in listed Indian companies. The move expands…

Rupee Jumps 58 Paise as Easing Oil Prices Lift Market Sentiment

The Indian rupee posted a strong gain against the US dollar on Monday, rising 58 paise amid a sharp decline in global crude oil prices following reports of a breakthrough peace agreement between the United States and Iran.

The domestic currency…

India’s Highway Network Sees Massive Expansion Over Last 12 Years

New Delhi: India has witnessed a remarkable transformation in road infrastructure over the past 12 years, driven by flagship initiatives such as the Bharatmala Pariyojana, rapid expansion of the National Highway network, and the construction of world-class…

Markets Rebound Strongly: Sensex Soars 1,695 Points, Nifty Gains Over 1% This Week

Mumbai: Indian benchmark indices snapped a two-week losing streak and ended the week with healthy gains, buoyed by optimism surrounding a possible US-Iran peace agreement and a decline in global crude oil prices.

The Nifty 50 rose 1.10 per…