Economy & Markets
Economy & MarketsTechnocraft Ventures eyes market debut with ₹150 crore infrastructure-focused IPO Water, roads, power and urban EPC player opens subscription on August 7; strong revenue and profit growth put investors' focus on government infrastructure spending
Technocraft Ventures Ltd., an engineering, procurement and construction (EPC) company focused on public infrastructure, is preparing to launch its mainboard IPO from August 7 to August 11, 2026. The issue comprises a fresh issue and an offer for sale, with proceeds from the fresh issue .
Economy & MarketsSensex slips 69 points as FMCG, banking stocks drag markets lower
Indian benchmark equity indices ended marginally lower on Tuesday, with the BSE Sensex closing at 76,765.92, down nearly 70 points, while the NSE Nifty 50 settled at 23,985.35, losing around 11 points. Selling pressure in FMCG and banking stocks outweighed gains in information technology .
Economy & MarketsInfosys Posts Strong Q1 Growth, Names Ashiss Kumar Dash as Next CEO
India's second-largest IT services company, Infosys, reported robust first-quarter earnings with double-digit growth in both profit and revenue for FY2026–27. The company also announced veteran executive Ashiss Kumar Dash as its next Managing Director and Chief Executive Officer, effective April 1,
Economy & MarketsSensex Slides 500 Points as Banking, Realty Stocks Drag Markets Lower
Indian equity markets ended sharply lower as heavy selling in private banking and real estate stocks erased early gains. The Sensex fell nearly 500 points to around 77,600, while the Nifty slipped over 120 points to approximately 24,200, reflecting cautious investor sentiment amid global uncertainty
Economy & MarketsIRAN PEACE BREAKTHROUGH OFFERS ECONOMIC BREATHING ROOM FOR INDIA
A reduction in tensions in the Middle East has sparked optimism across global markets, with falling crude oil prices expected to ease inflationary pressures and improve India's macroeconomic outlook. Economists say lower energy costs could benefit consumers, businesses, and government finances .
Economy & MarketsSTOCK MARKETS SOAR AS GLOBAL TENSIONS EASE, OIL PRICES FALL Markets Rally Following Reports of US-Iran Peace Agreement
Global stock markets witnessed a strong rally on Monday as investors reacted positively to reports of a peace agreement between the United States and Iran, bringing an end to months of geopolitical tensions.
Economy & MarketsRupee Surges 58 Paise Against US Dollar in Early Trade
The Indian rupee strengthened significantly in early trading on Monday, rising 58 paise to reach 94.60 against the US dollar. The appreciation was driven by positive domestic market sentiment, improved foreign fund inflows, and a softer US dollar in global currency markets.
Economy & MarketsLIC Stake in Rajesh Exports Sparks Political Storm Amid SEBI Probe
A political controversy has erupted after the Congress party questioned why the Life Insurance Corporation of India (LIC) holds a 10.8% stake in Rajesh Exports, a company currently facing regulatory scrutiny from the Securities and Exchange Board of India (SEBI).
Economy & MarketsRupee Hits Fresh Record Low at 96.86 Against US Dollar Amid Market Pressure
The Indian rupee weakened further on Wednesday, slipping 16 paise to close at a fresh lifetime low of 96.86 against the US dollar. Rising global uncertainty, higher crude oil prices, and persistent demand for the dollar weighed heavily on the domestic currency market. The decline follows Tuesday’s s