Business

The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The 30-share BSE Sensex declined 953.64 points, or 1.14 per cent, during the week.Besides…

Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…

File photo: PM Modi (Picture credit: ANI) Calling productive spending a defining feature of his government, Prime Minister Narendra Modi on Sunday said the recently unveiled Union Budget consciously steered clear of short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth.In an exclusive interview with news agency PTI,…

Several factors led to the sudden crash in the prices of the precious metals. (AI image) Precious metal prices are expected to remain volatile and witness further consolidation in the coming week as investors track key US economic indicators, including inflation data, GDP readings and signals from the Federal Reserve, analysts said.Traders are also likely…

The India-UK free trade agreement signed in July last year is expected to be implemented from April 2026, a government official said.India and the United Kingdom signed the Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025, under which 99 per cent of Indian exports will enter the British market at zero duty, while…

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said the interim trade agreement between India and the United States will factor in India’s rising energy requirements and help the country secure crude oil at more competitive prices.Speaking to reporters, Goyal said India…

Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate stock market sentiment in the coming week, analysts said, even as investors remain cautious amid persistent volatility.Trading activity of foreign investors and movements in the domestic currency are also expected to influence market direction. Focus on US data, fed outlook…

The railway ministry on Saturday launched a reform to improve cleanliness on long-distance trains by deploying tech-enabled professional teams onboard.Railway minister Ashwini Vaishnaw said all coaches, including general class, will now be cleaned as and when required during the journey.Under the existing Clean Train Station scheme, trains are cleaned at designated stations en route. Under…

Trump and Netanyahu (File photo) US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on Wednesday to reportedly discuss plans for reducing Iran’s oil sales to China, which currently handles over 80 per cent of Iran’s oil exports. The agreement comes amid ongoing nuclear talks between US and Iranian…

The shutdown of the US Department of Homeland Security that began early Saturday is affecting airport security operations nationwide, forcing thousands of Transportation Security Administration officers to work without pay as Congress remains locked in a funding dispute.About 95 per cent of TSA workers are considered essential and must continue working despite the funding lapse….