Canada and India have agreed to restart stalled talks for a new trade deal, the Indian government said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago. Prime Minister Mark Carney met with India’s Prime Minister Narendra Modi for a bilateral discussion on the sidelines of the G20 summit in Johannesburg, South...
Frontline indices the Sensex and the Nifty 50 resumed their upward march on Wednesday, November 19, with gains led by select IT and banking heavyweights amid mixed global cues. The Sensex closed at 85,186.47, rising 513 points, or 0.61%, while the Nifty 50 clocked a gain of 143 points, or 0.55%, to settle at 26,052.65....
The Ministry of Electronics and Information Technology (MeitY) on Monday (November 17, 2025) announced the approval of seventeen new projects under the Electronics Component Manufacturing Scheme (ECMS), where firms will receive incentive payouts pegged to their turnover. The projects have a cumulative proposed value of ₹7,172 crore. This is the second tranche of announcements, after seven...
Union petroleum minister Hardeep Singh Puri on November 17 said that India has signed a ‘historic’ deal with the US to import liquefied petroleum gas (LPG) amid growing pressure to diversify country’s energy sources. Puri said state-run oil companies have clinched a one-year deal to to import 2.2 million tonnes per annum (MTPA) LPG from...
Tata Motors Passenger Vehicles (TMPV), the demerged passenger vehicle arm of Tata Motors, on Friday, November 14, reported net profit of ₹76,170 crore in the second quarter of current financial year, marking a multi fold jump from ₹3,446 crore in the same period last year. The sharp jump in profit came on the back of...
Indian online brokerage platform Groww’s IPO on Wednesday proved to be the largest listing by an Indian fintech so far this year, as the company raised ₹66.3 billion (about $748 million) with its shares closing 29% higher from their issue price. The company’s shares opened at ₹112, about 12% above their issue price of ₹100,...
The rupee depreciated 15 paise to 88.65 against the dollar in early trade on Wednesday, weighed down by elevated crude oil prices and foreign fund outflows. Forex traders said renewed optimism over the India-US trade deal supported the domestic unit at lower levels. At the interbank foreign exchange, the rupee opened at 88.61 against the...
Benchmark indices Sensex and Nifty rebounded in early trade on Thursday (November 6, 2025), tracking a rally in global markets and buying in blue-chip stocks. The 30-share BSE Sensex climbed 376.89 points to 83,836.04 in early trade. The 50-share NSE Nifty went up by 81.5 points to 25,679.15. From the Sensex firms, Asian Paints jumped...
Putting a “quietus on speculative news” about his role, businessman Mehli Mistry, a trustee of Tata Trusts whose term was not renewed last week, today made it official, saying he is “parting ways” with Tata Trusts. Tata Trusts own 66% in Tata Sons, which in turn oversees 30 firms within one of India’s most storied...
As many as seven companies, including Softbank-backed e-commerce firm Meesho and Temasek-backed e-commerce enablement platform Shiprocket, have secured Sebi’s approval to raise nearly Rs 7,700 crore collectively through initial public offerings (IPOs), an update with the markets regulator showed on Monday. Others that received regulatory approval are German Green Steel and Power, Allied Engineering Works,...