Economy

Mumbai:  The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on Wednesday to enhance liquidity in the banking system. The Central Bank has stated that the amount has been decided based on an assessment of the liquidity conditions. The Reserve Bank also said

Mumbai:  The Indian benchmark indices opened lower on Wednesday amid ongoing concerns over the US President Donald Trump’s tariff threats. The Nifty 50 and Sensex opened 0.1 per cent lower. The Nifty started at 23,050 and Sensex at 76,188 at the opening bell. At around 9.31 am, Sensex was trading 364.21 points or 0.48 per

Paris:  Addressing the 14th India-France CEO Forum in Paris on Tuesday, Prime Minister Narendra Modi highlighted India as the preferred global investment destination thanks to the “eco-system of stable and predictable policy” built under his leadership in the last decade. He said that it was the “right time to come to India” for investment. “This

Paris: Google CEO Sundar Pichai has highlighted the “incredible opportunities” that artificial intelligence (AI) will bring to India, following his meeting with Prime Minister Narendra Modi on the sidelines of the AI Action Summit in Paris. The Alphabet CEO also noted the potential for close collaboration between “we” (Google) and India to advance the country’s

Paris: After successfully co-chairing the AI Action Summit in Paris, Prime Minister Narendra Modi and French President Emmanuel Macron arrived in Marseille on Tuesday (local time) ahead of their engagements in the city. PM Modi also thanked the people of Marseille for the role they played in Veer Savarkar’s escape during colonial rule. He posted

Mumbai:  Indian stock markets on Wednesday ended lower after a choppy trading session, with both the Sensex and Nifty closing in the red. The Sensex fell by 122.52 points, or 0.16 per cent, to close at 76,171.08. During the day, the 30-share index moved within a wide range, touching a high of 76,459.72 and a

Mumbai: Monthly systematic investment plan (SIP) contributions stayed above the Rs 26,000 crore mark for the second straight month, as the month of January clocked Rs 26,400 crore SIP investments, compared to Rs 26,459 crore in December, the Association of Mutual Funds in India (AMFI) said on Wednesday. Despite ongoing volatility in the stock market,

Paris: External Affairs Minister (EAM) S. Jaishankar on Tuesday said that amid the fast-changing global economy, India and France can make a difference, including by motivating the rest of the European Union (EU). Speaking at the India-France CEO Forum here, EAM Jaishankar said that in the ever-changing world, we need diversified production, reliable and resilient

New Delhi: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 13.7 per cent rise in its consolidated net profit to Rs 341 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 300 crore in the year-ago period. The total revenue from operations increased 10

Mumbai: The Securities and Exchange Board of India (SEBI) on Tuesday took strict action against LS Industries Limited, its promoter Profound Finance, and four other entities, barring them from the securities market for manipulating stock prices. The probe uncovered suspicious trading patterns, misleading disclosures, and questionable financial transactions, including money transfers to a non-resident Indian