US sanctions law may raise India oil import bill $5-10 bn
New Delhi: India’s state-run oil refiners are bracing for higher crude costs as the US Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which allows the US…
Business & Economy150- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Five top firms lose Rs 1 lakh crore in market cap, TCS hit hardest
Five of India’s top-10 most valued companies collectively lost Rs 1 lakh crore in market capitalisation last week, with Tata Consultancy Services (TCS) suffering the steepest decline. TCS saw its valuation erode…
AC Chair Car, 3-tier drive Indian Railways profits
Indian Railways' AC Chair Car class posted a Rs 376.77 crore profit in FY25, rebounding from losses of Rs 203.96 crore in FY24 and Rs 297.62 crore in FY23. AC 3-tier recorded…
Style Union to raise Rs 800 crore, value over Rs 7,000 crore
Style Union, the fast-fashion value retail chain backed by Rakesh Biyani and Ekta Biyani, is in talks with investors including Venturi Partners and Elev8 Venture Partners to raise more than Rs 800…
Indian markets eye crude, Hormuz risks and Fed cues this week
Indian equities enter a data-light week with crude oil and geopolitical tensions around the Strait of Hormuz dominating sentiment, analysts say. After snapping a two-week winning run, the BSE Sensex fell 0.62%…
Excess savings in savings account quietly shrink wealth
Most Indian savings accounts offer annual returns of 2.5% to 4%, while inflation erodes purchasing power, according to Livemint. Leaving large sums idle means the money's real value declines over time, even…
Apple posts record June quarter revenue of $109.4 billion
Apple reported a record June quarter revenue of $109.4 billion, up 16% year-on-year, with double-digit growth in most emerging markets including India. CEO Tim Cook said the company achieved revenue records in…
Goldman Sachs flags potential tech earnings bubble
Goldman Sachs has warned that technology stocks may be facing an "earnings bubble" as heavy capital spending raises doubts about the sustainability of their profit growth. The investment bank said investors have…
REIT, InvIT tax overhaul gains tempered by higher SPV surcharge
The Lok Sabha has passed a taxation bill allowing special purpose vehicles (SPVs) of REITs and InvITs to opt for the concessional corporate tax regime, while making dividend income tax-free for unitholders.…
S&P 500 valuation indicator nears dot-com era level at 41
The S&P 500 Shiller CAPE ratio has hit around 41, more than double its long-term average of 17, Hindustan Times reports. The cyclically adjusted price-to-earnings ratio, which compares the index's price with…
