Business

The arrival of the festive season across India has brought cheer to fixed-income investors, retirees, and salaried households looking to park their annual festive bonuses, business profits, and accumulated savings into secure instruments. In a major financial update announced right ahead of Dhanteras and Deepawali, leading private sector lender ICICI …

With the festive rush kicking into high gear and major gold, silver, and festive purchases planned across the country, a common query among consumers is whether commercial bank branches will operate on Dhanteras. According to the Reserve Bank of India’s (RBI) official holiday calendar under the Negotiable Instruments Act, banks …

Following closely on the heels of the Union Cabinet’s decision to increase Dearness Allowance for central staff, the Rajasthan state government led by Chief Minister Bhajan Lal Sharma has officially approved a significant festive bonanza for state employees and pensioners. In an order cleared on Friday ahead of Diwali, the …

In a major regulatory clampdown against industrial idling, the Odisha state government has formally terminated the long-term lease of 28.8 acres of prime industrial land allotted to billionaire Anil Agarwal-led Vedanta Limited in Jharsuguda district. The land parcel, situated in Panchapada village, was reclaimed by the state’s apex industrial promotion …

Domestic benchmark indices shifted into higher gear during active trade, with the 30-share BSE Sensex comfortably traversing above the critical 74,500 psychological mark and the NSE Nifty 50 advancing by more than a century of points. The sharp turnaround comes on the back of broad-based accumulation across heavyweights, particularly in …

Oil marketing companies have dismantled one of the steepest documentation barriers for urban migrants, gig workers, mobile professionals, and university students by rolling out flexible Free Trade LPG schemes. For decades, procuring a cooking gas connection in Indian cities necessitated rigorous address verification, lease deeds, electricity bills, and tedious distributor …

Varun Beverages Limited, one of the largest franchisees of PepsiCo globally, has delivered another strong operational performance, recording an impressive 14 percent year-on-year increase in consolidated net profit. The beverage giant, which accounts for a substantial share of PepsiCo’s beverage volume in India and key international markets, continues to demonstrate …

Friday morning opened on an electrifying note across Dalal Street, but one corner of the trading floor caught almost everyone off guard. Several newly demerged companies under the Vedanta conglomerate began climbing within minutes of the opening bell. The most dramatic move came from Vedanta Oil and Gas, whose shares …

Trading desks across Mumbai, Delhi-NCR, Bengaluru, and Kolkata witnessed a decisive return of risk appetite during today’s market session as domestic benchmark equity indices erased recent consolidation and surged higher. The 30-share BSE Sensex jumped several hundred points to confidently push past the crucial resistance threshold of 73,800, while the …

Automotive component manufacturer Hero Motors Limited has emerged as one of the most closely tracked momentum stocks on Dalal Street, locking into its 5% upper circuit limit for the third consecutive trading session. Nearly a month after making its market debut in late September, the counter opened with heavy buying …