Buisiness

Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Kiri Industries and HFCL are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for May 16, 2025:Index View: NiftyIndian markets witnessed a strong up move during the current week with…

NEW DELHI: India’s goods exports rose 9.1%, the fastest pace in six months, to $38.5 billion in April, while the trade deficit widened to $26.4 billion, the highest since last Nov. Latest data released by the commerce department pegged imports at $64.9 billion in April, which was 19% higher than the corresponding period last year.“We…

NEW DELHI: India’s C-suite gender gap is stark, highlighting a significant disparity in leadership roles, with women holding just 17% of C-suite roles and 20% of board positions at India Inc.What’s more concerning is the low recruitment of women into entry-level private sector jobs, said McKinsey’s ‘Women in the Workplace’ report focused on India.Though women…

NEW DELHI: With the US and China agreeing to a tariff truce, Apple is reviewing its aggressive plans to scale up in India. While the “regular expansion and China+1 production diversification plans will continue as envisaged”, sources said the iPhone strategy being drawn up exclusively for the US market will be “temporarily put under review”.“We…

India’s merchandise exports grew by 9.03 per cent year-on-year in April, reaching $38.49 billion, driven by robust performance in key sectors such as electronics and engineering goods. Also, a sharp increase in imports led to the country’s trade deficit widening to $26.42 billion—the highest level since November 2024, when the gap stood at $31.77 billion,…

NEW DELHI: After US President Donald Trump claimed he had advised Apple CEO Tim Cook against manufacturing in India, commerce secretary Sunil Barthwal on Thursday pushed back, saying that companies will decide based on where the advantage lies, and India, he emphasized, is now a competitive global hub for smartphone production.“Companies will see competitive advantage…

India’s unemployment rate stood at 5.1 per cent in April 2025, according to the country’s first-ever monthly labour force data released by the Ministry of Statistics and Programme Implementation on Thursday.The release marked a significant shift in employment monitoring, as job data until now had been published only on quarterly and annual bases.The ministry launched…

Central trade unions have postponed the nationwide general strike initially scheduled for May 20, moving it to July 9 in light of recent developments following the India-Pakistan conflict. The decision was taken during a meeting of the Joint Platform of Central Trade Unions and Independent Sectoral Federations and Associations held on Thursday, according to an…

The Indian rupee declined by 22 paise to close at 85.54 against the US dollar on Thursday, pressured by strong demand for the greenback from importers and continued foreign fund outflows. However, gains in domestic equities and a fall in crude oil prices helped limit the currency’s losses, according to forex traders.At the interbank foreign…

NEW DELHI: The Adani Group has ended its partnership with Chinese company DragonPass, which is a platform offering airport lounge access service. Adani currently runs airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati & Thiruvananthapuram and is building the upcoming one at Navi Mumbai.“Our association with DragonPass, which provided access to airport lounges, has been…