Business

Market experts anticipate sideways trading, with global factors, foreign investment flows and Q2FY26 corporate results likely influencing short-term movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,200, BSE Sensex was up almost 300 points. At 9:23 AM, Nifty50 was…

New Delhi: Wholesale price inflation moderated in Sept as food prices dipped, and deflation in fuel and power was observed. Experts said they expect the trend to persist as global commodity prices are seen lower.Data released by the commerce and industry ministry showed inflation, as measured by the wholesale price index, was at 0.1% in…

New Delhi: Led by Apple, India’s mobile phone exports have shot up by 60% in the first half of this fiscal, closing Apr-Sept FY26 with total shipment of $13.5 billion against $8.5 billion in the same period of 2024-25. In Sept, when new iPhone hit global markets, shipments from India moved up by 95% on…

BENGALURU: Infosys won a 1.2-billion-pound ($1.6 billion), 15-year contract from the NHS Business Services Authority (NHSBSA). The NHSBSA is a body of the UK’s department of health & social care and provides a range of critical central services to NHS organisations, NHS contractors, patients, and the public.Infosys will develop a data-driven workforce management solution that…

LG India MD Hong Ju Jeon (Screengrab-PTI) LG Electronics India made a striking debut on the National Stock Exchange (NSE) and BSE on Tuesday, but it was managing director Hong Ju Jeon’s decision to deliver his entire speech in Hindi that stole the spotlight.Jeon, who took charge as MD of LG Electronics India in January…

Federal Reserve Chair Jerome Powell warned on Tuesday that the sharp slowdown in US hiring poses increasing risks to the economy, suggesting the central bank may reduce its key interest rate two more times before the year ends.In written remarks ahead of a meeting of the National Association of Business Economics in Philadelphia, Powell noted…

The US-China trade war took a sharper turn this week, with US Treasury Secretary Scott Bessent accusing Chinese President Xi Jinping’s regime of making “provocative,” economic moves after Beijing tightened export controls on rare earth minerals.Speaking to Fox Business on Monday, Bessent said the move was a direct challenge to the global economy, “This is…

US President Donald Trump on Tuesday claimed that China is “purposefully” not buying the soybeans from their farmers, and this is the reason they are considering terminating the business with Beijing.Calling China’s deliberate work an “economically hostile act,” Trump said that they can make the cooking oil themselves and don’t need China for that. In…

Public sector banks have demonstrated stronger performance and resilience recently, with credit growth surpassing that of private banks, Financial Services Secretary M Nagaraju said on Tuesday. He attributed the trend to improved due diligence, enhanced credit underwriting standards, and better monitoring of project loans.Speaking at the inauguration of Punjab & Sind Bank’s MSME Sports Cluster…

The Indian rupee fell 13 paise to close at an all-time low of 88.81 against the US dollar on Tuesday, pressured by weak domestic equities and a firm dollar amid global risk-off sentiment, according to market sources.Forex traders said foreign fund outflows amid risk-averse global conditions further dented investor sentiment. However, a drop in crude…