Rupee sees high volatility against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 86.56, and fell to a low of 86.71 against the greenback in a highly volatile morning session on January 22, 2025.

from Business News Today, Latest Finance News | The Hindu

HCLTech announces 5,000 additional employment opportunities in Hyderabad

The announcement came at Davos where company representatives met CM Revanth and IT Minister Sridhar Babu

from Business News Today, Latest Finance News | The Hindu

Unilever announces plans to establish two manufacturing units in Telangana

from Business News Today, Latest Finance News | The Hindu

Is Trump justified in asking EU to buy more oil and gas from the U.S.?

The European Union’s oil and gas imports from the U.S. are already increasing at a rapid pace, as the bloc does not want to purchase these products from Russia

from Business News Today, Latest Finance News | The Hindu

Bitcoin soars past $109,000 ahead of possible early action on crypto by Trump

The price of bitcoin has surged to over $109,000 just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry expects early action by him soon after he takes office

from Business News Today, Latest Finance News | The Hindu

Dozco India acquires ITM Dozco (India) Pvt. Ltd

from Business News Today, Latest Finance News | The Hindu

Coimbatore’s automotive firms view EV transition with trepidation, but see an opportunity as well

Micro businesses are unaware of being on the cusp of a paradigm shift, as they view internal combustion engines as a mainstay in the foreseeable future, while bigger firms are automating and bracing for change

from Business News Today, Latest Finance News | The Hindu

Markets rally in early trade on firm global trends, surge in Kotak Mahindra Bank

Sensex climbed 398.21 points to 77,017.54 in early trade

from Business News Today, Latest Finance News | The Hindu

Flipkart co-founder Sachin Bansal’s startup Navi Technologies cheated of ₹14.26 crore

The company was founded by Sachin Bansal after his exit from Flipkart

from Business News Today, Latest Finance News | The Hindu

How is TRAI and the govt. combating spam? | Explained

How will blockchain technology effectively counter spam? What are some of the steps being taken by the government against unsolicited commercial communications? Have some of the measures already taken been effective against unwanted calls and messages? What is a do-not-disturb registry?

from Business News Today, Latest Finance News | The Hindu

Debt trap: tips and options to get out of it

To come out of their debt traps, stressed borrowers have to ensure consistent financial discipline and prudent debt management; some may also require an honest reassessment of their lifestyles

from Business News Today, Latest Finance News | The Hindu

Q2 slowdown hit India Inc.’s Q3 investments

New investments by domestic private players fell 1.4% in Q3 reflecting fears over rising input costs; growth in public sector investments driven by States who recorded a 34.6% spike, compared to 11.8% by Centre

from Business News Today, Latest Finance News | The Hindu

Union Budget must eliminate ‘raid raj and tax terrorism’, says Congress

Congress also called on the government to take action to protect Indian manufacturing jobs and take decisive action to shore up wages and purchasing power.

from Business News Today, Latest Finance News | The Hindu

India and Indian States hog limelight ahead of World Economic Forum meet

India is sending its biggest-ever contingent this time, comprising five Union Ministers, three Chief Ministers and Ministers from several other States alongside nearly 100 CEOs and other leaders

from Business News Today, Latest Finance News | The Hindu

Registration for cable operators simplified

LCO registration certificates will now be issued in real-time upon successful verification of applicant details, including Aadhaar, PAN, CIN, and DIN

from Business News Today, Latest Finance News | The Hindu

India’s real growth rate and the forecast

Over the next five years, the best that India may hope for is a steady real GDP growth rate of 6.5%

from Business News Today, Latest Finance News | The Hindu

‘To fix economy, boost consumption’

Reserve Bank of India officials moot monitoring of sticky food inflation and its ‘second order effects’, pin hopes on rekindling private capex through improved disposable incomes for people amid an ‘anything but ordinary’ global economy

from Business News Today, Latest Finance News | The Hindu

BPCL inks ₹31,802-cr. loan deal with SBI-led consortium for Bina refinery expansion, petrochem project

from Business News Today, Latest Finance News | The Hindu

Adani Group shares rise as Hindenburg founder disbands short-seller

Adani Group shares surge as Hindenburg Research founder Nate Anderson disbands entity, amid accusations of governance violations

from Business News Today, Latest Finance News | The Hindu

The way forward for PM-KISAN

The scheme, which started off strong, has been providing assistance to fluctuating numbers of farmers over the past six years

from Business News Today, Latest Finance News | The Hindu

Short-seller Hindenburg Research to be disbanded: founder

from Business News Today, Latest Finance News | The Hindu

Markets climb in early trade on firm Asian peers

Easing retail inflation also added to the markets' strength

from Business News Today, Latest Finance News | The Hindu

Republican Congressman demands preservation of all Adani prosecution records

A Republican lawmaker demands U.S. Department of Justice preserve records related to Adani case and also questions “selective prosecution”

from Business News Today, Latest Finance News | The Hindu

Markets bounce back after four days of slide

Sensex and Nifty rebound in early trade after sharp decline, with HCL Tech earnings disappointing investors

from Business News Today, Latest Finance News | The Hindu

Rupee recovers from record low, rises 21 paise to 86.49 against U.S. dollar in early trade

On Monday, the rupee logged its steepest single-day fall in nearly two years and ended the session 66 paise down at its historic low of 86.70 against the U.S. dollar.

from Business News Today, Latest Finance News | The Hindu

China, India seek new supplies as U.S. sanctions tighten grip on Russian oil

Chinese and Indian refiners adapt to U.S. sanctions on Russian oil, seeking alternative supplies from Mideast and Africa

from Business News Today, Latest Finance News | The Hindu

Is PPF still attractive?

You can renew PPF account till retirement and each renewal will be a block of five years after an initial period of 15 years. This makes PPF an optimal investment for retirement portfolio.

from Business News Today, Latest Finance News | The Hindu

All about the utility of hybrid mutual funds

If you want to maintain equity exposure at a certain level, you may pick a hybrid fund; SEBI has set ranges and within these, there is tracking/rebalancing by the fund manager

from Business News Today, Latest Finance News | The Hindu

Air India ‘bullish’ on long-haul travel

5% passenger growth on far-flung international routes three years since privatisation; airline also aims to woo connecting travellers from nearby countries

from Business News Today, Latest Finance News | The Hindu

CII suggests 10-point agenda on ease of business reforms ahead of Budget

Among the "urgent policy interventions", the industry body has recommended that all regulatory approvals - central, state and local levels - must mandatorily be provided only through the National Single Window System

from Business News Today, Latest Finance News | The Hindu

Gautam Adani announces ₹65,000 crore investment in energy, cement projects in Chhattisgarh

The Adani Group chairman also committed ₹5,000 crore for the development and expansion of the group's cement plants in the State

from Business News Today, Latest Finance News | The Hindu

Biden administration delays enforcement of order blocking Nippon Steel, U.S. Steel deal

The delay will give the courts time to review a legal challenge brought by the parties earlier this month against Biden's order

from Business News Today, Latest Finance News | The Hindu

Life insurers’ new premium slump second month in a row, down 22% in December to ₹30,218.71 crore

The growth moderation for life insurers was not unexpected

from Business News Today, Latest Finance News | The Hindu

Pensioners’ delegation calls upon Finance Minister; demands ₹7,500 minimum monthly pension under EPS-95

Pensioners have been agitating for over 7-8 years for an increase in the minimum pension from ₹1,000 to ₹7,500, along with DA and free medical treatment for both the pensioner and their spouse

from Business News Today, Latest Finance News | The Hindu

Indian economy likely to be 'a little weaker' in 2025: IMF MD

The U.S. is doing quite a bit better than we expected before, the EU is somewhat stalling, (and) India a little weaker, says IMF MD Kristalina Georgieva

from Business News Today, Latest Finance News | The Hindu

Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale

The Offer For Sale will include an option to additionally sell up to 8.44 crore shares or 6.50% equity

from Business News Today, Latest Finance News | The Hindu

Decoding India’s growth slowdown

The official diminution of India’s projected GDP growth rate may still be an underestimation of the extent of economic slowdown. The revenue mobilisation strategy needs to be reworked to enhance taxation on wealth and profits in order to enhance capex and welfare spending

from Business News Today, Latest Finance News | The Hindu

Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade

Forex traders said the relentless outflow of foreign funds amid soaring U.S. bond yields boosted the American currency, while subdued domestic equity markets pushed the rupee down further.

from Business News Today, Latest Finance News | The Hindu

GMR Group receives ₹6,300 crore investment from Abu Dhabi Investment Authority

GMR Group operates three airports in India — Delhi, Hyderabad and Goa — and two airports in the Philippines and Indonesia

from Business News Today, Latest Finance News | The Hindu

Ahead of Union Budget, Finance Secretary Tuhin Kanta Pandey entrusted with Revenue department

Centre has shifted Arunish Chawla, the recently appointed Revenue Secretary, to the Department of Investment and Public Asset Management

from Business News Today, Latest Finance News | The Hindu

A case in Madras High Court determined what a cycle meant in commercial sense

The court held that a cycle in an unassembled condition could be equated to a cycle in an assembled condition. It ruled that knock-down cycles despatched by T I Cycles to dealers would also fall within the ambit of Item 35 in the First Schedule to the Central Excise and Salt Act, 1944. It restrained the government from levying excise duty

from Business News Today, Latest Finance News | The Hindu

Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI

A few industry groups are pushing for further import tariff cuts on smartphone components in the Union Budget for FY26

from Business News Today, Latest Finance News | The Hindu

EXIM Bank raises $1 billion through overseas bonds

from Business News Today, Latest Finance News | The Hindu

China exports push Nippon Steel to seek growth in US, India after blocked deal

from Business News Today, Latest Finance News | The Hindu

Markets rebound in early trade after sharp decline in previous session

Both the BSE and NSE closed lowed at 1.59% and 1.62% respectively.

from Business News Today, Latest Finance News | The Hindu

PM Modi meets Microsoft CEO Satya Nadella; discusses tech, innovation, AI

Prime Minister Narendra Modi met Microsoft Chairman and CEO Satya Nadella in the national capital and discussed various aspects of technology, innovation and AI

from Business News Today, Latest Finance News | The Hindu

Italy in talks over $1.5 billion SpaceX security services deal: Report

Italy is in advanced talks with Elon Musk's SpaceX over a 1.5 billion euro deal for the company to provide secure telecommunications to the government, Bloomberg News reported

from Business News Today, Latest Finance News | The Hindu

CCI will focus on boosting enforcement, leveraging tech for fair competition: Chairperson Kaur

The CCI is conducting two market studies on competition issues in relation to AI and renewable energy space across BRICS nations

from Business News Today, Latest Finance News | The Hindu

FDI in India growing rapidly: Goyal

In the January-September period this year, FDI into the country rose by about 42% to $42.13 billion. The inflow was at $29.73 billion in the year-ago period

from Business News Today, Latest Finance News | The Hindu

FPIs withdraw ₹4,285 crore in three trading sessions amid high valuations, global headwinds

The move came following an investment of ₹15,446 crore in the entire December, data with the depositories showed

from Business News Today, Latest Finance News | The Hindu

Market Capitalisation of four of top-10 most valued firms erode by ₹96,605.66 crore; HDFC Bank hit hard

While TCS, HDFC Bank, ICICI Bank and State Bank of India suffered erosion from their valuation, Reliance Industries, Bharti Airtel, Infosys, ITC, LIC and Hindustan Unilever were the winners

from Business News Today, Latest Finance News | The Hindu

‘Sri City attracted ₹3,750 crore of investments in 2024, provided 17,000 jobs’

from Business News Today, Latest Finance News | The Hindu

Kirloskar firms challenge SEBI letter asking disclosure of family settlement deed at SAT

Kirloskar siblings, with Sanjay (Kirloskar Brothers Ltd Chairman and Managing Director) on one side and Atul and Rahul on the other, have been in a feud since 2016 over the DFS for the assets of the more than 130-year-old Kirloskar group

from Business News Today, Latest Finance News | The Hindu

Apple CEO Tim Cook to donate $1 million to Trump’s inaugural committee: Report

Apple CEO Tim Cook is to donate $1 million to the Trump inaugural committee, per Axios, as more Big Tech leaders try to win president-elect Trump’s goodwill

from Business News Today, Latest Finance News | The Hindu

Civil, criminal cases against Gautam Adani assigned to one judge: New York court order

Mr. Adani is being indicted by the U.S. Department of Justice for his role in an alleged years-long scheme to pay $250 million bribes to Indian officials in exchange for favourable solar power contracts

from Business News Today, Latest Finance News | The Hindu

Blinkit launches 10-minute ambulance service, starting with Gurugram

Blinkit CEO Albinder Dhindsa said the aim was to scale the service to expand it to all major cities in India in the next two years

from Business News Today, Latest Finance News | The Hindu

Markets decline in initial trade dragged by bank, IT stocks

The 30-share BSE Sensex went lower by 181.04 points to 79,762.67 despite a positive beginning on January 3, 2025.

from Business News Today, Latest Finance News | The Hindu

KREDL records profit of ₹135 crore for FY 2023 - 24

A financial assistance of ₹5 crore was also given to the Chief Minister’s Relief Fund by KREDL

from Business News Today, Latest Finance News | The Hindu

Jawaharlal Nehru Port Authority issues LoA for agri processing facility

The project, estimated at ₹284 crore, will be constructed on a 27-acre land parcel within the port complex

from Business News Today, Latest Finance News | The Hindu

Watch: Will 2025 be the year of the Bitcoin?

Will 2025 be the year of the Bitcoin?

from Business News Today, Latest Finance News | The Hindu

Banks' loan growth drops for fifth month in November as tighter lending rules weigh

Banks' credit increased by 11.8% year-on-year last month, slower than the 16.5% rise in November 2023, excluding the impact of HDFC Bank's merger with its parent Housing Development Finance Corp

from Business News Today, Latest Finance News | The Hindu

International relations could become more and more transactional: Anand Mahindra

“Despite uncertainties people can visualise and manifest a better life and a better world”.

from Business News Today, Latest Finance News | The Hindu

Markets trade lower in first session of 2025 on unabated foreign fund outflows

In the entire 2024, the Sensex jumped 5,898.75 points or 8.16%, and the Nifty surged 1,913.4 points or 8.80%.

from Business News Today, Latest Finance News | The Hindu

WhatsApp Pay can now extend UPI Services to all users in India

from Business News Today, Latest Finance News | The Hindu