Business
Stock Market Today Highlights: BSE Sensex ends 120 points lower, NSE Nifty50 closes below 23,400 as crude prices surge above $108 per barrel
The BSE SENSEX declined by 385.74 points (-0.51%) to stand at 74,516.85, pressured by losses across banking and heavyweights. The index opened at 74,309.16 and traded within a intraday range between a low of 74,160.16 and a high of 74,584.35, following its previous session close of 74,902.59. IT stocks provided support to the index, led…
No-stop toll plazas by March 2027? Nitin Gadkari sets deadline for barrier-free system
Union road transport and highways minister Nitin Gadkari addresses a session at the Global Fintech Fest 2026, in Mumbai By next year, your highway journeys could get a lot smoother, as India moves towards a barrier-free, fully digital tolling process.Expected to be rolled out by February-March 2027, the new system will allow motorists to pass…
Upi Payment Dominance: UPI now dominates merchant payments: Are cards becoming less useful
UPI now dominates Indian merchant payments, significantly reducing card usage (AI image) Walk into almost any shop in India today, a kirana store, a pharmacy, a roadside food cart and you’ll see the same thing.A small QR code taped near the counter, and a shopkeeper who barely looks up when you scan it. Nobody asks…
India-EU FTA draft: European cars, wine, farm goods set for lower tariffs; key points
India’s FTA with the EU will offer European automakers concessional tariffs on passenger vehicles, with annual quotas rising to 1.6 lakh, alongside tariff concessions on wines and select agricultural products. European carmakers will get a significantly wider opening to India’s passenger vehicle market under the proposed India-EU free trade agreement, with the draft pact released…
Two homebuyers booked flats and paid Rs 1.16 crore in 2013, they were promised possession by 2014; years later they still had no homes, MahaRERA orders builder to refund money with interest
The two homebuyers received an allotment letter dated February 18, 2013. (Image for representative purpose only) Two homebuyers booked flats on the sixth and seventh floors of a Mumbai housing project in 2013. They were assured that they would get possession for the flats by December 2014. But their dream of getting the flats remains…
US stocks today: Wall Street inches higher as oil prices ease, inflation data calms markets
Wall Street inches higher as oil prices ease, inflation data calms markets US stocks moved higher on Friday as a retreat in oil prices helped ease some of the pressure on markets, and fresh inflation data came broadly in line with expectations.The S&P 500 gained 1%, putting the index on course to end a four-day…
India’s forex reserves surge record $44.9 billion to all-time high of $785.7 billion
The latest reserve build-up comes after a sharp turnaround in foreign-currency inflows following the RBI’s measures announced in June. India’s foreign exchange reserves surged by a record $44.903 billion in the week ended September 4, taking the country’s forex kitty to a fresh lifetime high of $785.706 billion, according to data released by the Reserve…
In 2010, India launched Aadhaar Card; 16 years later UIDAI says work underway to take Aadhaar global to benefit NRIs and OCIs
UIDAI is working towards expanding Aadhaar beyond India. (Image for representative purpose only) India launched its first Aadhaar card in 2010. And sixteen years later, the Aadhaar card which has now become an integral part of important documentation work in the country is now set to go global.The Unique Identification Authority of India (UIDAI) is…
EPFO delayed a retiree’s Rs 14.06 lakh PF claim by 35 days, citing a missing document; consumer court rejects defence and orders 6% interest
The commission held that the EPFO was required to process and settle the claim within the prescribed period. (Image for representative purpose only) Your provident fund savings are your retirement corpus. In one case of what the consumer court saw as a delay in disbursal of claim amount, retiree has been awarded a 6% interest…
Uber exits Nigeria, Uganda: Why Africa’s ride-hailing market is getting tougher
Uber exits Nigeria, Uganda Uber is pulling out of Nigeria and Uganda, closing operations in two African markets where ride-hailing companies have faced a difficult combination of rising operating costs, pressure on fares and growing competition.The exits took effect on September 2, ending Uber’s 12-year run in Nigeria and roughly a decade in Uganda. The…