Buisiness

Foreign investors have injected Rs 14,167 so far this month, showing confidence in the country’s equity market despite the India Pakistan conflict. This inflow was primarily driven by positive global cues and India’s strong domestic economic fundamentals. This followed a net investment of Rs 4,223 crore in April, which marked the first inflow after a…

NEW DELHI: The Indian stock market, including the National Stock Exchange (NSE) and the BSE faced strong selling pressure in recent sessions due to geopolitical uncertainty. Amid rising India-Pakistan tensions, investors have been wondering if the stock market will be open on May 12, the day Buddha Purnima is celebrated nationwide. The good news: trading…

CHENNAI: Banks and oil companies on Friday assured consumers that there was no disruption in their services and ATMs and fuel pumps are well stocked.“IndianOilhas ample fuel stocks across the country and our supply lines are operating smoothly. There is no need for panic buying – fuel and LPG is readily available at all our…

NEW DELHI: Telecom regulator Trai on Friday recommended a charge of 4% of adjusted gross revenue (AGR) for satellite communications operators, such as Elon Musk’s Starlink, Bharti Enterprises-backed OneWeb and Jio-SES, and said the companies should be assigned spectrum for a period of five years, that can be extended by another two years.The regulator also…

India-UK FTA: It’s the joint success story of India’s Trade & Foreign Policy. (AI image) By Himanshu TewariThe recent announcement of India UK FTA is new in the series of bilateral FTAsnegotiated in the recent past – starting with Australia, followed by UAE and EFTA countries (Norway, Switzerland, Liechtenstein, Iceland). It demonstrates a very deliberate…

Amazon is changing how it pays employees, focusing more on consistent top performance over time rather than one-time achievements.The new pay structure aims to reward employees who consistently perform at a high level and to reduce bonuses for those with less consistent records.According to an Amazon spokesperson, the new framework “better distinguishes between newer high…

NEW DELHI: IndiGo passengers who were supposed to fly in and out of the airports that are currently closed now have the option of doing so from “another nearby airport without any additional charges.” Thirty-two airports in north west and central India are currently closed, and IndiGo operates to 10 of them — Srinagar, Jammu,…

Representative image (Picture credit: IANS) The Indian pharmaceutical market continued rising in April 2025, achieving a strong annual growth of 7.8%, with total sales reaching a remarkable Rs 19,711 crore.According to a report by Pharmatrack, the sector recorded an impressive Rs 1,424 crore in additional sales this month, highlighting its continued resilience and strong demand.The…

NEW DELHI: At least 60 domestic flights at Delhi airport were cancelled on Saturday, as security was tightened and 32 airports in northern and western India were temporarily closed amid rising military tensions between India and Pakistan, a source told news agency PTI.Between 5.00 am and 2.30 pm, the Delhi airport experienced cancellations of 30…

NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances.According to the RBI, it has levied a fine of Rs 1,72,80,000 on SBI for failing to adhere to guidelines concerning “Loans and Advances-Statutory and Other Restrictions”, “Customer Protection…