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Business
Crude Oil Set for Significant Weekly Increase as Middle East Crisis Escalates
Escalating military tensions between the United States and Iran have pushed oil prices higher, with crude benchmarks poised for their largest weekly gains in three months. As of 7 am…
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Business
Wipro’s Q1 Revenue Declines 1.4% to $2.6 Billion, Lagging Behind Competitors
Bengaluru: Wipro has reported a cautious outlook for near-term demand following a modest performance in the June quarter. The company noted that clients are prioritizing investments in artificial intelligence while…
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Business
Reliance Industries Reports Q2 FY27 Results: Profit Declines 22% Due to One-Time Asian Paints Caveat
Mukesh Ambani-led Reliance Industries Ltd (RIL) reported a consolidated net profit of Rs 20,946 crore for the first quarter of FY27, reflecting a 22% decline compared to the same period…
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Business
SpaceX Shares Decline as Elon Musk’s Company Faces Potential $1 Trillion Market Cap Drop
SpaceX, the aerospace and artificial intelligence company founded by Elon Musk, is facing a significant decline in market capitalization, projected to drop over $1 trillion from its peak. Shares fell…
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Business
Top Investor-Friendly States: Gujarat Leads Niti Aayog Index, Followed by Maharashtra and Tamil Nadu
Gujarat, Maharashtra, and Tamil Nadu have emerged as the top three states in NITI Aayog’s Investment Friendliness Index, according to a report released on Friday. Gujarat secured the highest score…
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Business
RIL Reports 25% Decline in Q1 Profit at 23,000 Crore, While Revenue Increases by 25%
MUMBAI: Reliance Industries, India’s most valuable company by market capitalization, reported a 25% decline in quarterly profit, totaling Rs 23,196 crore. This figure surpassed analysts’ average estimate of Rs 18,550…
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Business
Textile Companies Prepare for Changes as Free Trade Agreements Take Effect
CHENNAI: The Indian textile industry is optimistic about export prospects following the implementation of key free trade agreements (FTAs). The recent deal with the UK, which took effect on Wednesday,…
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Business
NITI Index Reveals Gujarat and Maharashtra as Top States for Attracting Investors
NEW DELHI: Gujarat, Maharashtra, Tamil Nadu, Goa, and Odisha have emerged as the top-performing states in the inaugural ‘Investment Friendliness Index’ released by NITI Aayog. The index, announced by Finance…
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Business
Smartphone Sales Experience 10% Decline in Q1, Marking Largest Drop in Three Years
NEW DELHI: India’s smartphone shipments fell by 10% year-on-year in the June quarter, marking the steepest decline in three years. The mass-market segment was particularly hard hit, with sales of…
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Business
Clinical Data Management Platforms: The Backbone of Modern Clinical Trials
Clinical research has entered an era where success depends not only on scientific innovation but also on the ability to manage increasingly complex and diverse data. Today’s clinical trials collect…
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Business
Former RBI Governor Raghuram Rajan Joins US Federal Reserve’s Monetary Policy Review Panels Alongside Two Other Indian Experts
Former Reserve Bank of India (RBI) governor Raghuram Rajan has been appointed by the Federal Reserve to a high-level task force that will review its monetary policy framework. This initiative,…
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Business
India to Launch Its First Hydrogen Train on July 17: Explore the Route, Features, and FAQs
India will launch its first Hydrogen Fuel Cell Train on Friday, with Prime Minister Narendra Modi set to flag it off on the Jind–Sonipat section in Haryana. This initiative represents…
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Business
US Tariff Threat on Russian Oil: India Remains Unfazed
A bipartisan group of U.S. senators has introduced a revised bill proposing 100% tariffs on five countries, including India and China, for their continued purchases of Russian oil. This move…
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Business
Crude Oil Prices Surge Above $85 a Barrel Amid US Restoration of Strait of Hormuz Blockade
Oil prices surged past $85 a barrel on Wednesday, driven by escalating tensions in the Middle East. The United States has reinstated a naval blockade on Iran, raising concerns over…
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Business
RBI Updates Bank Shareholding Rules: Simplifying Stake Increases for Domestic Institutional Investors
MUMBAI: The Reserve Bank of India (RBI) has proposed amendments to bank shareholding norms aimed at facilitating investments by domestic institutional investors while enhancing regulatory oversight. The changes will allow…
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