Business

The entire 508-km Mumbai-Ahmedabad High-Speed Rail corridor is scheduled to be completed by December 2030. Even as it builds the country’s first high-speed train set for the first time, Indian Railways has already set the ball rolling for another set of bullet trains that will run at 350 kmph.India is planning to develop and manufacture…

NSE IPO closes strong after decade-long wait for stock market listing (representative image) The $2.3 billion initial public offering of the National Stock Exchange of India (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.The…

Market benchmark indices Sensex and Nifty climbed in early trade on Monday amid cooling crude oil prices, fresh foreign fund inflows and a positive trend in Asian equities. The 30-share BSE Sensex jumped 448.32 points to 74,743.28 in early trade. The 50-share NSE Nifty was up 50.3 points to 23,396.70. Among the 30 Sensex firms,…

India’s exports to China rise nearly 40% as electronics, engineering goods gain (representative image) India’s exports to China rose nearly 40% in the five months through August, with electronics and engineering goods emerging as key drivers, even as the bilateral trade relationship remains heavily tilted in Beijing’s favour, according to an analysis of government data…

India-New Zealand trade deal to come into force on Dussehra (representative image) The India-New Zealand Free Trade Agreement (FTA) will come into force on October 20, coinciding with Dussehra, commerce and industry minister Piyush Goyal said on Monday, with India securing duty-free access for 100 per cent of its exports to New Zealand.Goyal made the…

Petrol pumps to stop accepting UPI above Rs 2000. Petrol pump dealers in Madhya Pradesh have announced that they will stop accepting UPI payments above Rs 2,000 from October 16, citing the additional merchant charges under the new UPI Merchant Discount Rate (MDR) framework.The Madhya Pradesh Petroleum Dealers Association said fuel pump operators, who work…

The facility allows customers to move from one issuer bank to another according to their requirements. (Image from representative purpose only) Motorists will no longer need to remove and replace the FASTag affixed to their vehicle when they want to change the bank that issued it. Union minister Nitin Gadkari recently launched ‘OneTag’, a portability…

India weighs US tariff threat as Russian oil remains key to energy sourcing (representative image) India is studying the details of proposed US tariffs targeting countries that buy Russian oil, Union commerce and industry minister Piyush Goyal said on Monday, days after the US House of Representatives passed legislation aimed at increasing economic pressure on…

The unions are pressing for five-day banking and several other demands. Bank strike alert! Bank customers could face interruptions in branch-based services for three days from September 28 to September 30, 2026, if the United Forum of Bank Unions (UFBU) proceeds with its proposed nationwide strike.The proposed strike comes immediately after the weekend. September 26…

Gold enters the week with a cautious undertone as markets digest the Federal Reserve’s rate hike. Gold price prediction today: Gold price outlook has turned cautious and the upside momentum seems to have subsided for now, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here’s what he has to say:Gold…