Business

Mukesh Ambani-led Reliance Industries Ltd (RIL) reported largely stable earnings for the December quarter, with consolidated profit inching up marginally even as revenue posted double-digit growth, supported by steady operating performance across its businesses.The conglomerate reported a marginal 0.56 per cent year-on-year rise in consolidated net profit attributable to shareholders at Rs 18,645 crore for…

Deloitte India has urged the government to use the FY27 Budget to strengthen India’s trade resilience by expanding export credit and concessional financing for MSMEs, while also earmarking funds for exploration and overseas access to critical minerals, according to its Budget expectations released on Friday .Highlighting the central role of small enterprises in the economy,…

India’s foreign exchange reserves rose by $392 million to $687.19 billion in the week ended January 9, data released by the Reserve Bank of India (RBI) showed on Friday, PTI reported.The increase comes after a sharp decline in the previous reporting week, when the overall reserves had fallen by $9.809 billion to $686.80 billion.According to…

Gold prices edged lower in the domestic market on Friday, with profit-taking setting in after bullion retreated from record levels in overseas trade amid a firmer US dollar. On the Multi Commodity Exchange (MCX), gold futures for the February contract fell Rs 520, or 0.36 per cent, to Rs 1,42,601 per 10 grams, with volumes…

AI generated representative image In a rare departure from the trading calendar, stocks markets will remain open on Sunday, February 1, after the BSE and NSE announced special full-day sessions to allow investors to react immediately to the presentation of the Union Budget for 2026-27 by Finance Minister Nirmala Sitharaman.Both the BSE and the NSE…

Metro commuters on Bengaluru’s Yellow Line are set to get some relief during peak hours, as waiting times have been reduced following the induction of a seventh train into passenger service by Bangalore Metro Rail Corporation Limited (BMRCL) on January 15.With the additional train, peak-hour services from Monday to Saturday will now operate at a…

For years, Indian families have saved in gold, stored cash, and put money in tangible assets to safeguard their future. But now, there’s a noticeable shift is visible as more Indian households are moving away from old saving ways and putting their money to work through investments.India’s total household wealth, by the end of FY25,…

The current definition of ‘relative’ under SEBI regulations and the associated succession planning constraints highlight the need for regulatory reform. (AI image) By Pranav Sayta and Puneet SachdevThe Securities and Exchange Board of India (SEBI) plays a significant role in shaping the rules for company takeovers and protecting investors interest, amongst other things. SEBI’s takeover…

A $10-billion green hydrogen and green ammonia project at Kakinada in Andhra Pradesh is set to cross a major construction milestone, reinforcing India’s ambition to emerge as a global supplier of clean energy to markets such as Germany, Japan and Singapore.The first major equipment erection ceremony of AM Green’s Green Hydrogen and Green Ammonia Complex…

China on Friday strongly opposed the recently signed trade agreement between Washington and Taipei, aimed at cutting tariffs on Taiwanese products and boosting the island’s investment in the United States.“China consistently and resolutely opposes any agreement… signed between countries with which it has diplomatic relations and the Taiwan region of China,” ministry spokesman Guo Jiakun…