Category: business

Mumbai, July 23: The Bombay Stock Exchange (BSE) has introduced a new Total Market Index aimed at providing a wider and more comprehensive view of India’s equity market by representing nearly 98 per cent of the market capitalisation covered under the BSE AllCap Index. The new benchmark is designed...

New Delhi, July 23: Prime Minister Narendra Modi’s three-nation visit marks a significant step towards strengthening India’s strategic partnerships and expanding its engagement in the Indo-Pacific region. The visit focused on enhancing cooperation with partner countries in areas including trade, defence, maritime security, technology, connectivity, and regional stability. The...

July 23: India’s data centre industry is witnessing rapid expansion as demand for digital services, cloud computing, artificial intelligence, and data storage continues to rise. However, challenges related to land availability, power access, and supporting infrastructure remain key concerns for the sector’s long-term growth. According to a report by...

July 23: The National Stock Exchange (NSE) has recorded a decline of over 22 per cent in its equity options market share between FY24 and FY26, highlighting changing trends in India’s rapidly evolving derivatives market. The shift reflects broader changes in trading behaviour, market participation patterns, and competitive dynamics...

July 23: India and Panama are exploring opportunities to strengthen cooperation in the maritime sector, with a focus on shipping, port development, maritime infrastructure, and logistics connectivity. The collaboration aims to enhance trade facilitation, promote investment, and encourage the exchange of expertise between the two countries. The partnership is...

July 23: India has announced plans to scientifically close 147 coal mines over the next two to three years as part of its efforts to enhance sustainable mining practices, restore mined-out areas, and ensure responsible management of natural resources. The planned closures will focus on mines that have completed...

July 23: Global crude oil prices surged by more than 2% to approximately $96 per barrel, as escalating geopolitical tensions in West Asia intensified concerns over potential disruptions to global energy supplies. The sharp rise in prices reflects heightened uncertainty in international oil markets, with investors closely monitoring developments...

Mumbai, July 23: The Reserve Bank of India (RBI) has stated that India continues to be among the fastest-growing major economies in the world, supported by resilient domestic demand, sound macroeconomic fundamentals, and sustained policy measures despite an uncertain global economic environment. The central bank noted that strong consumption,...

Mumbai, July 23: Indian benchmark equity indices opened lower as investor sentiment weakened due to rising crude oil prices and escalating geopolitical tensions in West Asia. The Sensex and Nifty 50 declined in early trading, with broad-based selling observed across several sectors. Higher crude oil prices raised concerns about...

  Dubai, July 22: Hotpack, the UAE-headquartered global leader in sustainable packaging solutions, has been honoured by UAE’s leading charity organisation Beit Al Khair Society for extending support to the Society’s massive meals distribution initiative during the past holy month of Ramadan. Hotpack joined the campaign, as part of...