India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40. The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the

An Air India Express flight, AXB 613, successfully landed at Tiruchirappalli airport after reporting a hydraulic failure shortly after takeoff. The flight, which was headed to Sharjah with 144 passengers on board, took off at 5:40 PM and experienced the technical snag soon after departure. Following the report of the hydraulic issue, the pilots were instructed to return to the airport. However, due to the aircraft being fully fueled, a precautionary landing was deemed inadvisable. T

India has strongly rejected Canadian Prime Minister Justin Trudeau's claims that there was a substantive discussion regarding the "safety of Canadians" during his brief encounter with Prime Minister Narendra Modi at the ASEAN Summit in Laos. According to government sources, the two leaders only exchanged greetings and did not engage in any meaningful dialogue. In light of ongoing concerns regarding Khalistani activities in Canada, Indian foreign ministry sources reiter

On Thursday, benchmark equity indices in India ended with slight gains as investors geared up for the earnings announcement from Tata Consultancy Services (TCS), the country's largest IT services firm. Additionally, inflation data from the US, set to be released after market hours, remained a focal point for traders. The Nifty index closed up by 0.07%, gaining 16.50 points to finish at 24,998.45, while the Sensex increased by 0.18%, adding 144.3 points to close at 81,611.4. Desp

India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday. The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,

The 2024 Fairwork India Ratings have revealed a concerning trend for major ride-hailing platforms Uber and Ola, as well as logistics startup Porter, which continue to lag at the bottom of the index designed to assess the fairness with which companies treat their gig workers. In stark contrast, Tata-owned BigBasket, Zomato, Swiggy, and Urban Company topped the ratings, mirroring last year's results. This year's study evaluated 11 platforms, including Amazon Flex, BluSmart, Fl

Team India's campaign in the Women's T20 World Cup 2024 hit a rough patch following their opening loss to New Zealand. Despite bouncing back with a convincing victory over Pakistan in their second match, the road to semi-final qualification remains fraught with challenges. As New Zealand prepares to face Australia, Team India finds itself rooting for the White Ferns to enhance their chances of progressing in the tournament. India's prospects for moving beyond the group s

Maldives President Mohamed Muizzu's state visit to India represents a pivotal moment in the relationship between the two nations, particularly following recent diplomatic tensions caused by derogatory remarks made by Maldivian ministers about Prime Minister Narendra Modi. During his visit, President Muizzu proposed a Rs 3,000 crore currency swap deal aimed at bolstering the Maldives' foreign exchange reserves amid ongoing economic challenges. Foreign Secretary Vikram Misri b

The India Meteorological Department (IMD) has announced that the 2024 monsoon season concluded with a notable 7.6% above average rainfall across the country. Key regions including Rajasthan, Gujarat, western Madhya Pradesh, Maharashtra, Telangana, and Andhra Pradesh experienced significant excess rainfall, highlighting a surplus compared to typical seasonal patterns. The withdrawal of the South West monsoon began on September 23, which is six days later than the usual date of Septem

In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro

n a hard-fought battle during the AFC U20 Asian Cup Qualifiers, India’s U20 football team faced off against the formidable Iranian side, ultimately succumbing to a narrow defeat by a score of 1-0. The match took place amidst high hopes and expectations, as the Indian squad aimed to showcase their talent against one of Asia’s traditional football powerhouses. From the outset, the game was marked by resilience and determination from the Indian players, who managed to conta

India's trade deficit saw a notable increase in August, reaching $29.65 billion, up from $23.5 billion in July. This expansion was primarily driven by a sharp rise in gold imports, which totaled $10 billion—an astonishing 103.7% increase compared to the previous year. The surge in gold imports is linked to a reduction in customs duties, now set at 6%, which spurred consumers to stock up ahead of the festive season. Madhavi Arora, lead economist at Emkay, noted that while t

UK Prime Minister Keir Starmer recently voiced strong support for India’s bid for permanent membership in the United Nations Security Council (UNSC) during the UN General Assembly's seventy-ninth session in New York. His endorsement follows similar pledges from US President Joe Biden and French President Emmanuel Macron, indicating a growing consensus among major powers on the need for UNSC reform. Currently, the UNSC is comprised of five permanent members—Russia, th

The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility

In a significant update for Indian nationals in China, the Indian Embassy in Beijing has mandated that all citizens residing in the country must register with the mission to avail themselves of future consular services. This advisory, issued on Thursday, is particularly important for students and other expatriates who require assistance from the embassy. To streamline the process, the embassy has provided multiple options for registration. Indians can reg

As the Indian cricket team prepares for the crucial second Test against Bangladesh at Kanpur's Green Park Stadium, all eyes are on KL Rahul, who has struggled since his return from injury. With a batting average around 35 and lackluster performances raising doubts about his position, the pressure is on for the experienced player. Indian batting coach Abhishek Nayar remains optimistic, highlighting the need for support during challenging phases. Nayar acknowledged Rahul's pas

Team India celebrated a convincing 280-run victory over Bangladesh in the first Test at Chepauk, but the win couldn't mask the ongoing concerns regarding the form of key players Virat Kohli and Rohit Sharma. Despite strong performances from teammates like Ravichandran Ashwin and Jasprit Bumrah, the batting stalwarts failed to make significant contributions, raising questions about their preparation. Both Kohli and Sharma missed the opportunity to play in the Duleep Trophy, and f

Tata Motors is enhancing its Nexon lineup with exciting new additions, including the launch of the Nexon iCNG in the Indian market. Priced at ₹ 8.99 lakh ex-showroom, this new CNG variant promises to capture the attention of SUV enthusiasts. Alongside the Nexon iCNG, Tata has announced updates for the Nexon EV, which now features a longer driving range, and the introduction of the eye-catching Red Dark Edition. The 2024 Tata Nexon iCNG is powered by a 1.2L turbo-petrol engine, del

The battle of words continues between India’s prominent wrestlers as Vinesh Phogat faces backlash following her disqualification from the 2024 Paris Olympic Games. After returning empty-handed, Phogat announced her decision to quit wrestling and has since joined the Indian National Congress ahead of the upcoming Haryana elections. Fellow wrestler and political figure Yogeshwar Dutt has spoken out, asserting that Phogat should apologize to the nation for her Olympic disqualific

The Karnataka High Court has delivered a significant verdict by dismissing Chief Minister Siddaramaiah's challenge against Governor Thawar Chand Gehlot's decision to sanction his prosecution in the alleged MUDA land scam. A bench led by Justice M Nagaprasanna stated that the Governor had adequately considered the matter, affirming that the order does not reflect a lack of due diligence. The court emphasized that the facts surrounding the case warrant investigation, leading to the dism