Union Budget 2026–27 is just a day away and investors are seeking clarity on whether stock markets will operate or remain shut. The Budget is scheduled to be presented on February 1, which falls on a Sunday, raising questions over market activity as stock exchanges typically remain closed on weekends. Will stock market remain closed…
Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…
The United States has told India it can soon resume purchases of Venezuelan oil to reduce its reliance on Russian crude, Reuters reported. India had pledged to slash Russian oil imports after Washington imposed higher tariffs linked to those purchases.The move is part of a broader US effort to redirect India’s oil imports away from…
New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…
Bengaluru: Apple CEO Tim Cook said the iPhone maker delivered a “terrific” first quarter of the 2026 fiscal year, with India emerging as a key highlight. “We did set a quarterly revenue record during Dec. And to go a little further down, we set quarterly revenue records on iPhone and Mac and iPad, and an…
AI image (Picture credit: Google Gemini) As Union finance minister Nirmala Sitharaman prepares to present the Union Budget for 2026–27 on February 1, defence expenditure has once again moved to the centre of policy discussions. Although it is always a matter of interest to the experts about how one of the world’s largest economies spends…
CJ Roy, founder and chairman of real estate firm Confident Group, was found dead at his office in Bengaluru following ongoing Income Tax raids, officials said on Friday.Bengaluru City police commissioner Seemanth Kumar Singh said Roy died from self-inflicted bullet injuries.“An incident occurred today within the limits of Ashok Nagar police station, where the chairman…
In recent FTAs, including with the EU, India has given up its reluctance to lower tariffs for automobiles, wine and, even for some fruits such as apples and pears. Since you are negotiating several deals, and will come across what have traditionally been no-go areas, what will be your strategy for calibrated opening up?This is…
NEW DELHI: FMCG major Nestle India on Friday reported a 45.12 per cent rise in consolidated net profit to Rs 998.42 crore for the third quarter ended December 2025, on the back of a nearly five-year high volume growth, driving its highest-ever quarterly revenue.The company had posted a consolidated net profit of Rs 688.01 crore…
MUMBAI: Bank of Baroda on Friday reported a net profit of Rs 5,055 crore for the quarter ended December 2025, up 4.5% from Rs 4,837 crore a year earlier, helped by a sharp fall in provisions even as margins stayed under pressure.Net interest income (NII) was largely flat at Rs 11,800 crore, compared with Rs…
