Tag Archives: Business news

Sensex snaps its 7-day rally ahead of tariffs – The Times of India

Sensex snaps its 7-day rally ahead of tariffs – The Times of India

MUMBAI: Domestic investors and speculators on Dalal Street went for profit-booking on Wednesday after seven consecutive sessions of gains although foreign investors were net buyers. As a result, the sensex closed 729 points lower at 77,289 while Nifty lost 189 points to 23,487.According to Vinod Nair of Geojit Investments, the market experienced profit-booking on the back of next week’s US …

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Former Britannia CEO Rajneet Kohli to lead HUL’s foods business – The Times of India

Former Britannia CEO Rajneet Kohli to lead HUL’s foods business – The Times of India

MUMBAI: Former Britannia CEO Rajneet Kohli is joining Hindustan Unilever (HUL) as executive director, foods. Kohli will be taking over from Shiva Krishnamurthy who is moving on from HUL to pursue an external opportunity, the company said in a statement on Wednesday. Kohli’s appointment will be effective from April 7. Kohli who led Britannia as its CEO and executive director …

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‘Worst is likely behind us…’: Goldman Sachs sees 6.4% GDP growth for India; warns of market volatility – The Times of India

‘Worst is likely behind us…’: Goldman Sachs sees 6.4% GDP growth for India; warns of market volatility – The Times of India

Whilst the most severe phase of the slowdown appears to be over, Goldman Sachs advises investors to remain vigilant regarding market volatility. (AI image) Goldman Sachs has said the worst is likely over for the Indian economy. In a recent report the global financial firm has said that India has likely moved past its most challenging period of economic slowdown …

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Sajjan Jindal-led JSW Steel becomes world’s most valuable steelmaker with over $30 billion market cap – The Times of India

Sajjan Jindal-led JSW Steel becomes world’s most valuable steelmaker with over  billion market cap – The Times of India

JSW Steel is now ahead of US-based Nucor Corp, which held a market capitalisation of $29.92 billion. Sajjan Jindal-led JSW Steel has achieved a significant milestone by becoming the world’s highest-valued steelmaker, with its market capitalisation exceeding $30 billion on Tuesday.The impressive performance of JSW Steel’s stocks is attributed to a broader upward trend among Indian steel manufacturers, following recent …

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Noida’s Jewar airport to have an edge over Delhi’s IGI? Aviation Ministry asks Delhi CM Rekha Gupta to cut VAT on ATF or risk flight diversion – The Times of India

Noida’s Jewar airport to have an edge over Delhi’s IGI? Aviation Ministry asks Delhi CM Rekha Gupta to cut VAT on ATF or risk flight diversion – The Times of India

The new airport at Jewar, Uttar Pradesh, situated near Greater Noida and southeast of Delhi, will serve as the capital’s second aviation hub. (Concept image) Noida’s Jewar Airport to have an edge over Delhi’s IGI airport? The civil aviation minister Rammohan Naidu Kinjarapu has requested Delhi’s new chief minister Rekha Gupta to lower the Value Added Tax (VAT) on Aviation …

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Stock market today: BSE Sensex over 100 points up; Nifty50 above 23,700 – The Times of India

Stock market today: BSE Sensex over 100 points up; Nifty50 above 23,700 – The Times of India

Market experts anticipate a continued upward trajectory, supported by foreign institutional investor inflows. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex went above 78,100, Nifty50 was above 23,700. At 9:25 AM, BSE Sensex was trading at 78,138.01, up 121 points or 0.15%. Nifty50 was at 23,732.90, up …

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S&P trims India’s growth forecast to 6.5% – The Times of India

S&P trims India’s growth forecast to 6.5% – The Times of India

NEW DELHI: Ratings agency S&P Global on Tuesday trimmed India’s GDP growth forecast for 2025-26 and asserted that Asia-Pacific economies will feel the strain of rising US tariffs specifically and a pushback on globalisation.It said domestic demand momentum should broadly hold up, especially in the region’s emerging-market economies. “India’s GDP will grow 6.5% in the fiscal year ending March 31, …

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