Business

Tech Mahindra shares raced ahead of the BSE Sensex pack on Friday, sprinting over 8%, to add around Rs 11,000 crore to its market value. The blockbuster gains came after the IT firm reported a 32.74% jump in consolidated net profit for the September quarter.Tech Mahindra, along with other IT stocks helped domestic equity benchmarks … Read more

Air India cancels all Saudi flights NEW DELHI: Air India has cancelled all flights to and from Riyadh, Dammam and Jeddah until October 20, as the situation in Saudi Arabia continues to evolve. The airline said that it is monitoring developments and assessing the situation to ensure flights could resume safely.“In view of the evolving … Read more

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman has called for an early conclusion of the India-US trade agreement, stressing its importance for bilateral economic relations and global trade.Her remarks come a day after commerce and industry minister Piyush Goyal said the first phase of the trade pact had been finalised and was … Read more

Govt raises petrol export duty, cuts diesel levy NEW DELHI: The government has raised the export duty on petrol fivefold to Rs 2.5 per litre from Rs 0.5, while cutting the levy on diesel to Rs 8.5 per litre from Rs 16. The revised rates came into effect on October 16.The export duty on aviation … Read more

Mukesh Ambani owned Reliance responds to allegations involving Musk’s Starlink NEW DELHI: Reliance Industries has welcomed Elon Musk’s Starlink to India, saying it has never feared competition and that its own satellite services are also in the queue.The statement comes as a response to Musk’s repeated allegations that vested interests were obstructing Starlink’s entry into … Read more

Air India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. NEW DELHI: Air India MD and CEO Tewolde Gebremariam has set up a “multidisciplinary, cross-functional cost savings team” to find all possible ways and means of reducing expenditure on “full-time basis” amid mounting losses. Air India reported a … Read more

Stock market rally on October 15, 2026 Stock market rally today: Indian equity benchmarks, Nifty50 and BSE Sensex, rallied strongly in trade on Thursday on despite weak global cues. Falling oil prices, and sharp appreciation in rupee this week helped drive the rally.Buying in IT, banking and consumer stocks lifted the stock market sentiment. BSE … Read more

Mumbai: Union Minister for Commerce and Industry Piyush Goyal with Canada’s Minister for International Trade Maninder Sidhu during a reception for the Team Canada trade mission to India, in Mumbai. (PTI Photo/Shashank Parade)(PTI10_14_2026_000578B) Trade with China rose about 29%to $91.8 billion in April-Sept, making Beijing the largest trading partner in the first half Mumbai: Union … Read more

Sequentially, the UR for people aged 15 and above remained steady at 5% for the secondstraight month NEW DELHI: India’s unemployment rate (UR) fell to 5% in Sept, compared with 5.2% a year ago, even as the labour force participation rate (LFPR) improved in the country, particularly in rural areas, according to the monthly periodic … Read more

Reliance Jio Infocomm chairman Akash Ambani and non-executive director Isha Ambani at the IPO announcement in Mumbai Thursday MUMBAI: In the biggest reshuffle in the country’s corporate rankings in decades, Reliance Industries (RIL) Group is all set to overtake Tata Group as India’s most valuable conglomerate, once Jio Platforms lists.The proposed listing, at an estimated … Read more

Net direct tax collections rise 13.21% to Rs 13.38 lakh crore NEW DELHI: India’s net direct tax mop-up reached Rs 13,37,866.98 crore in FY2026-27 as of October 14, marking a 13.21 per cent increase from Rs 11,81,786.98 crore collected during the same period last year, data released by the income tax department showed.The increase came … Read more

PM Modi dedicated to the nation the 298-km Nimmu-Padum-Darcha Road. (Photo: X) NEW DELHI: Prime Minister Narendra Modi on Thursday virtually inaugurated five development projects worth around Rs 3,350 crore in Ladakh, covering airport infrastructure, strategic road connectivity, renewable energy and water conservation.“Today, another chapter is being added to Ladakh’s progress and development. I am … Read more

The much-awaited India-US trade deal has cleared its first phase and moved to the legal drafting stage, commerce and industry minister Piyush Goyal said on Thursday.He said that the pact would be operationalised once India gains a competitive advantage over its peer countries. The minister further expressed hope that the process would be completed soon.“US … Read more

Foreign inflows lift India’s BoP surplus (representative image) India’s overall balance of payments (BoP) recorded a surplus of $45.4 billion in August 2026, compared with a deficit of $5.6 billion in the same month last year, as foreign currency inflows, particularly non-resident Indian (NRI) deposits, rose sharply, according to Reserve Bank of India (RBI) data.The … Read more

The man said that he had invested the entire Rs 1.95 crore from the sale in purchasing another residential flat at a different location. (Image for representative purpose only) You buy a flat and after some years the housing society gives it for redevelopment. You then sell the redeveloped flat within days of getting it … Read more

Representative image (India-China trade rebounds as New Delhi looks to rebuild bilateral ties) India’s bilateral trade with China rose nearly 29 per cent year-on-year to $91.76 billion in April-September 2026-27, making Beijing India’s largest trading partner in the first half of the financial year, according to commerce ministry data.Two-way trade between India and China stood … Read more

The case concerned a woman who claimed an exemption on long-term capital gains of Rs 65.41 lakh from the sale of shares. (Image for representative purpose only) You buy shares in a company and after over a year you sell them. In between the company also issues bonus shares, taking your total holdings up. You … Read more

Govt makes displaying caller name mandatory from November 1 Unknown calls bothering you? The name behind it will no longer be a secret.The department of telecommunications (DoT) has directed telecom operators to introduce Calling Name Presentation (CNAP) from November 1, 2026. The service will display the caller’s name on the recipient’s phone without requiring users … Read more

Even as restructuring and layoffs happen, some jobs in the IT sector are getting paid well – and across levels whether entry or senior. Till a few years ago, software engineers in India were commanding high salary premiums and the IT sector was a reliable source of employment. While still employing lakhs, the artificial intelligence-led … Read more

Russian diesel reaches global markets after Trump deal, Kremlin says (representative image) Russian diesel has begun reaching global markets following an agreement with US President Donald Trump, the Kremlin said on Thursday, adding that the supplies could help stabilise oil markets but would not be sufficient to fully achieve that goal.“The diesel has started reaching … Read more

India’s overall exports touch $242.6 billion in Q2, highest ever for the quarter (representative image) India’s merchandise exports rose 23.04% year-on-year to $44.40 billion in September 2026, up from $36.08 billion a year earlier, according to data released by the Ministry of Commerce and Industry on Thursday.The merchandise trade deficit narrowed to $30.21 billion from … Read more

IMF defends India’s revised GDP calculation The International Monetary Fund (IMF) has welcomed India’s revised method of calculating gross domestic product (GDP), saying it is in line with good statistical practices and advice provided by the global lender.Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, described the revision as a “welcome development”, noting … Read more

US Ambassador to India Sergio Gor on Thursday said the two countries had wrapped up the major items on their trade deal agenda, with negotiations moving at an “incredible pace”. Drawing a comparison with the India-EU trade pact, Gor highlighted the speed of the US talks, saying a deal was announced within weeks of his … Read more

The growing flow of returnees could eventually leave India with a net gain in technology talent from the US. (Image for representative purpose only) Thousands of US-based Indian techies are returning to India to a job market that does not offer similar salary levels. But, the number of such returnees is increasing as visa uncertainties … Read more

Kospi tumbles over 7% as tech stocks lose steam South Korea’s stock market hit a rough patch on Thursday, with the benchmark Kospi plunging 7.49% as technology stocks came under heavy selling pressure. The rout spread across Asian markets, prompting the country’s exchange operator to trigger a five-minute trading halt on programme sell orders after … Read more