Business
Stock Market Today Live Updates: Sensex jumps over 430 points, Nifty climbs above 24,645 in early trade
Stock market today: BSE Sensex jumps over 430 points, Nifty50 opens above 24,600 Indian benchmark equity indices opened on a strong note, extending gains in early trade as investors cheered positive global cues while awaiting the Reserve Bank of India’s monetary policy decision. BSE Sensex was trading at 78,867.36, up 438.41 points or 0.56%, while…
Oil price today: Crude steadies below $80 as Hormuz blockade keeps investors on edge
After two sessions of registering a fall, oil prices inched higher on Wednesday, as the crucial Strait of Hormuz continues to see disruption. Oil prices rose slightly on Wednesday after two days of steep losses, with markets closely watching efforts to end the US-Iran war and restore shipping through the Strait of Hormuz.Brent crude futures…
Higher tariffs boost Airtel profit by 37%
In an impressive first quarter, Bharti Airtel recorded a remarkable profit surge of 37.3%, driven by increased mobile tariffs and a robust influx of new customers. The company’s revenue also soared by 18.4%, showcasing strong growth across its India and Africa segments. Notably, Airtel’s average revenue per user jumped to Rs 264, indicating a favorable…
Brent falls to $80, goverment vows to mitigate volatility
NEW DELHI: Global benchmark Brent crude fell to a three-week low on Tuesday, amid renewed optimism over reopening of Strait of Hormuz, after senior US officials indicated that a deal with Iran could be possible.Brent was trading below the $80-a-barrel mark (9.15 pm) on Tuesday, its lowest level since July 13, down almost 5% in…
‘Over 2000 samples tested’: Oil ministry dismisses fuel adulteration claims, says only 2 cases detected
The govt assured strict action in case any contamination or adulteration is found The Ministry of Petroleum and Natural Gas on Tuesday said additional checks have been introduced to detect fuel contamination and adulteration, dismissing reports of fuel-quality issues.“Fuel quality is monitored on a regular basis by Oil Marketing Companies,” the ministry said, adding that…
Bharti Airtel Q1 Profit: Airtel Q1 profit jumps 37% to Rs 8,167 crore
NEW DELHI: India’s second largest telecom operator Bharti Airtel saw its Q1 profit soar 37.3% to Rs Rs 8,167.4 crore this Q1, from Rs 5,947.4 crore in same period last fiscal thanks to higher mobile tariffs, strong customer additions and growth across its India and Africa businesses. Revenue in the same period rose 18.4% to…
54 bank fraud accused fled India, ED seizes assets worth over Rs 35,000 crore
The Enforcement Directorate (ED) is investigating 32 bank fraud cases involving 54 accused who have left the country, minister of state for finance Pankaj Chaudhary told the Rajya Sabha on Tuesday. The cases are being probed under the Prevention of Money-laundering Act (PMLA), 2002.Sharing details in a written reply, Chaudhary said that the agency has…
ONGC Q1 results: Oil giant’s profit doubles to Rs 17,034 crore amid rising crude prices
State-owned Oil and Natural Gas Corporation (ONGC) reported a more than two-fold jump in its profit for the April-June quarter on Tuesday. The spike was fueled by higher crude oil prices and improved realisations, even as oil and gas production remained broadly stable.According to a stock exchange filing, the company posted a net profit of…
Will Nifty & Sensex continue to diverge? What new stock market timings, closing auction session mean
What has been implemented as per SEBI directions is called a Closing Auction Session or CAS. At the start of the new month, confusion has ensued for stock market investors as a new mechanism for closing and revised timings has left traders scrambling to adapt. From August 3, 2026, the closing timings of different segments…
US stock market today: Wall Street near new record high as earnings drive rally; crude prices slip
Such growth would be the strongest earnings expansion since the extraordinary rebound in the spring of 2021. US stock market today: Wall Street moved closer to fresh record highs on Tuesday as easing oil prices and another round of strong corporate earnings lifted investor sentiment.The S&P 500 gained 0.6% and was on course to surpass…