Business

Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo‘s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when IndiGo…

Thinking of investing in stocks but wondering which picks will offer the fastest returns? Identifying consistent wealth creators can be tricky as the stock market is volatile. Motilal Oswal Financial Services has released a list of the top 10 fastest wealth-creating stocks over the past five years, from 2020 to 2025. The brokerage has defined…

AI image (Representative) US saw a significant cutdown in jobs in November, marking a record unemployment high since 2021. It gained 64,000 jobs in November, over October’s loss of 105,000 positions, primarily due to federal workforce reductions under the Trump administration. The unemployment level increased to 4.6%, reaching its peak since 2021.The Labour Department’s delayed…

MUMBAI: Mumbai: Axis Bank expects India’s economy to grow 7.5% in real terms in FY27 and is not unduly worried about recent weakness in the rupee, arguing that macro headwinds are easing and could turn into tailwinds next year.Presenting the bank’s outlook for 2026, Neelkanth Mishra, chief economist at Axis Bank, said India would remain…

MUMBAI: The Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, has been disclosed by IndusInd Bank in a regulatory filing on Tuesday.According to sources the approval…

HAL is also the ‘Best All-round Wealth Creator’stock. (AI image) Hindustan Aeronautics or HAL has emerged as the most consistent and all-round wealth creator stock in the span of the last five years, according to a new report by Motilal Oswal Financial Services Limited. The defence Public Sector undertaking (PSU) stock has outperformed the Nifty…

Image made with help of AI The Reserve Bank of India (RBI) has already moved from monthly to 15-day credit reporting from January 1, 2025. Now, it has issued draft rules that push the system further: by July 1, 2026, banks and NBFCs will have to update your credit data with bureaus every week.Here’s what…

Investors may soon be able to trade Wall Street benchmark Nasdaq for almost all day!Nasdaq, the tech heavy benchmark, is preparing to seek regulatory approval to introduce near-continuous stock trading, as international interest in US equities continues to rise, pushing exchanges to rethink traditional market hours, Reuters reported.The exchange operator, which lists technology giants including…

Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs 341,…

The trade deficit reduced to $24.6 billion, reaching its lowest point since June, as imports declined by 2% to $62.7 billion. (AI image) Defying pressure from Donald Trump’s 50% tariffs, India’s exports rose in November and the trade deficit shrunk to a five-month low. Exports moved up to $38.1 billion in November – an increase…