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Business - Page 408

Gas release at ONGC Rudrasagar field contained, situation under control

13 Jun 2025 12:00 AM IST
New Delhi: At approximately 11:45 AM on Thursday, an unexpected release of gas was detected at Well No. RDS-147, part of the ONGC Rudrasagar Field in...

‘India’s goods & services exports may cross $900 bn in this fiscal’

12 Jun 2025 11:59 PM IST
Stockholm: India’s goods and services exports during 2025-26 are expected to cross $900 billion despite the global economic uncertainties, Commerce...

Inventories of rare earth magnet for certain automotive applications may taper off by mid-July, says report

12 Jun 2025 11:59 PM IST
New Delhi: Inventories of rare earth magnets may taper off by mid-July for certain automotive applications, following the export restrictions from...

Retail inflation declines to 6-year low of 2.82% in May

12 Jun 2025 11:34 PM IST
New Delhi: Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI’s median target...

Bourses sink 1% amid selloff in oil & gas stocks on rising tensions in Middle East

12 Jun 2025 11:33 PM IST
Mumbai: Benchmark Sensex tanked 823 points on Thursday following a selloff in oil & gas, power and capital goods shares in tandem with weak global...

Rupee rises 1 paisa to 85.52 per dollar

12 Jun 2025 11:33 PM IST
Mumbai: The rupee rose 1 paisa to close to 85.52 against the US dollar on Thursday due to a weak dollar against major currencies overseas. However, a...

Banks asked to notify customers for periodic KYC update

12 Jun 2025 11:32 PM IST
Mumbai: RBI on Thursday asked banks and other regulated entities to give due notices to their customers for periodic updation of Know Your Customer...

Sebi sets minimum two PAC meets yearly for commodity exchanges

12 Jun 2025 11:32 PM IST
New Delhi: Markets regulator Sebi on Thursday directed stock exchanges with commodity segments to ensure their Product Advisory Committees (PACs) meet...

Reliance Industries sells 3.64% stake in Asian Paints for `7,703.50 crore

12 Jun 2025 11:32 PM IST
Mumbai: Reliance Industries Ltd (RIL) has reduced its stake in Asian Paints by selling 3.5 crore shares, marking a significant exit from one of...

Gold rises Rs 850 to Rs99,340 per 10 gm, silver falls Rs 100

12 Jun 2025 11:31 PM IST
New Delhi: Gold prices jumped Rs 850 to Rs 99,340 per 10 grams in the national capital on Thursday amid a rise in precious metal prices in the...

Iron ore mining: Anil Agarwal calls for reforms in auction process

12 Jun 2025 11:30 PM IST
New Delhi: Vedanta Chairman Anil Agarwal emphasized on India’s vast potential to become the world’s leading producer of iron ore, surpassing Brazil...

BoM slashes retail loan rate by up to 50 bps

12 Jun 2025 11:30 PM IST
New Delhi: State-owned Bank of Maharashtra (BoM) on Thursday said it has reduced its interest rate by up to 50 basis points on retail loans, including...
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