Business

NEW DELHI: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second major Chinese company to have sold a sizeable stake in its Indian business after MG Motor, a…

India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…

MUMBAI: Government bonds rallied on Wednesday after RBI announced fresh liquidity measures to ease tight conditions, pulling the benchmark 10-year yield down to 6.54% from 6.63% on Tuesday, its biggest single-session fall since mid-May, as prices rose on expectations of durable liquidity support. Bond dealers expect the yield on the 10-year bond to drop to…

The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals are…

Private banks lead small business lending; PSBs lost share in last 2 years: Report NEW DELHI: Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report…

India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…

The S&P hit a record high on Wednesday, with broad-gains across sectors supporting the main indexes during a shortened Christmas eve session. The benchmark S&P touched an intraday record high of 6,921 points, surpassing its previous peak in October, as investors continued to bet on more interest rate cuts from the Fed Reserve next year…

On the upside, MCX Gold has potential to advance toward the 145,000 level in the upcoming sessions. (AI image) Gold and silver price prediction: Gold prices are likely to maintain their uptrend and silver too is showing signs of strength, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his…

NEW DELHI: In a bid to ease investor compliance and remove inconsistencies, Sebi on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh. It has also prescribed a standardised affidavit-cum-indemnity bond format for securities valued above Rs 10 lakh. Agencies Source link

The Navi Mumbai International Airport (NMIA) begins commercial flight operations on Thursday, opening a second aviation gateway for the Mumbai Metropolitan Region after years of missed deadlines. The new facility is expected to emerge as one of the busiest and a significant aviation hub in the country.On its opening day, the airport is expected to…