Business

The National Green Tribunal gave a green light to Centre’s Rs 90,000-crore-plus Great Nicobar infrastructure project on Monday, concluding that the environmental clearance granted in 2022 was backed by sufficient safeguards and there was no “good ground to interfere.“ A bench of the tribunal dismissed a series of petitions that had questioned the validity of…

Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued…

India’s mutual fund industry began 2026 on an optimistic note, with total assets under management (AUM) rising to Rs 81.01 lakh crore in January, up 20.5% from Rs 67.25 lakh crore a year earlier. Over the past 12 months alone, the industry has added more than Rs 13.8 lakh crore to its asset base.The long-term…

Gold prices declined more than 1 per cent in the futures trade on Tuesday amid easing safe-haven demand, improving geopolitical sentiment and a firm US dollar.On the Multi Commodity Exchange (MCX), gold for April delivery fell by Rs 2,228, or 1.44 per cent, to Rs 1,52,532 per 10 grams in a business turnover of 7,553…

The Adani Group has unveiled an ambitious plan to invest $100 billion over the next decade to build renewable-energy-powered, hyperscale AI-ready data centres across India, targeting completion by 2035. Announcing the move on Tuesday, the conglomerate described the proposal as one of the largest integrated commitments globally in energy and computing. It said the initiative…

Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…

Vande Bharat chair car is an all air-conditioned service that was first introduced in 2019. How do the fares of Vande Bharat chair car trains compare to similar trains around the world? According to Railway Minister Ashwini Vaishnaw, the ticket prices for the Vande Bharat chair car are much lower than such trains operating in…

Infosys shares inched higher on Tuesday after the IT giant announced collaborating with Anthropic to develop enterprise-focused artificial intelligence solutions. The stock gained more than 4% during the session, touching a day’s high of Rs 1,430 on the BSE. At 1:24 pm, Infosys was trading at 1,417 on the NSE, up 51 points or 3.77%….

Representative image (AI) Financial experts are urging investors to cash out their profits from gold and silver investments following unprecedented gains over the past 18 months. Both precious metals have more than doubled in value, with gold rising over 100 per cent and silver surging nearly 200 per cent in rupee terms. However, wealth managers…

Asian stocks traded in red on Tuesday as trading activity across the region remained closed for Lunar New Year break. Japan’s Nikkei tanked 427 points or 0.75% to 56,368 at 10:55 am IST. China and Hong Kong, meanwhile, remained shut.The fall comes after the release of weak economic data on Monday, which appeared to dampen…