Business
20023 articles
‘100% false’: Pete Hegseth shuts down reports of 2028 presidential run
US Defence Secretary Pete Hegseth has dismissed reports that he is considering a 2028 presidential bid. In a latest post on X, he called the speculation false and said that his focus remains on his current role.
Nepal floods: 88 Indians rescued, 287 still missing; India sends forensic, tunnel teams — Latest updates
Nepal floods: Four Indian nationals were rescued from a hydropower project in Rasuwa district. The Ministry of External Affairs reported 88 Indians have been rescued, with 287 still missing. Forensic teams and a specialized tunnel rescue team from India are assisting in ongoing relief efforts.
Everest hing ban: FSSAI cites 'excessive starch, low alcohol soluble extract' in compounded asafetida
FSSAI has banned the sale of compounded hing made by Everest and LG after tests found low alcohol-soluble extract and excessive starch content. The regulator said the products failed prescribed food safety standards and advised a voluntary recall.
CNG price hike in Delhi: Autorickshaw unions demand higher fare rate, threaten strike if demands unmet
CNG price hike in Delhi: On Saturday, CNG price saw a hike of ₹3.89 due to the ongoing tensions between Iran and the US, said BJP national spokesperson Syed Shahnawaz Hussain. He added that the price will come down post the geopolitical tensions.
Blackstone offers to sell up to 25% of India's Knowledge REIT for over $1 billion
Blackstone is looking to sell a stake of up to 25.03 percent in Knowledge Realty Trust. This offer encompasses both a base stake and an oversubscription option. The base price has been established at 108 rupees per unit. Knowledge Realty Trust, supported by Blackstone and Sattva Group, manages a diverse portfolio of assets. Since its listing in August 2025, the REIT has experienced moderate growth.
Max Estates buys 85-acre land in Delhi to build projects, eyes Rs 10,000-12,000 cr revenue
Max Estates has successfully acquired 84.71 acres in West Delhi for a whopping Rs 420 crore. This bold move paves the way for future residential and commercial projects, estimated to yield between Rs 10,000 and Rs 12,000 crore in revenue. By entering Delhi's housing market, Max Estates significantly enhances its land portfolio while ensuring robust future growth without immediate cash expenditure.
Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
Sebi has taken decisive action against Trafiksol and its promoters, imposing a one-year ban from the securities market. The company and its directors face penalties totaling Rs 1.05 crore after being found in serious breach of regulations concerning financial disclosures and the allocation of IPO funds. The decision comes in light of complaints regarding Trafiksol's SME IPO, which was significantly oversubscribed at a rate of 345.
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activity
MCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 crore contracts. The record comes as the exchange strengthens its physical-derivatives market linkage through standardised delivery norms, supporting greater participation, hedging and depth in commodity markets.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats, strong corporate cultures and improving returns on invested capital, while patience and an information edge can help investors identify and hold potential long-term wealth creators.
Mamata Banerjee in legal trouble as Kolkata Police file suo moto FIR against former West Bengal CM — here's why
Kolkata Police filed a suo motu FIR against Mamata Banerjee for allegedly violating Calcutta High Court conditions during a TMCP foundation day event. The FIR was registered at Hastings Police Station, and an investigation will examine the involvement of all parties in the violation.
Silver rebounds from correction: Can the recovery gain momentum?
Silver has rebounded sharply from its recent correction, supported by gold’s rally, a weaker US dollar and expectations of stronger industrial demand. While tight supply and growing use in solar, electronics and electric vehicles offer long-term support, shifting monetary policy, global growth concerns and elevated volatility could limit near-term gains.
Tourist accidentally films Nepal glacier collapse linked to Gyirong Port mudslide; China expert confirms location: Video
A glacier collapse in Nepal caused a devastating torrent of rocks and debris, resulting in the deaths of 626 people in Nepal and seven in Tibet. A tourist in China captured the moment of the collapse, which was confirmed by a local scientist.
Bitcoin falls below $78,000 as crypto market faces correction after Warsh’s Jackson Hole comments
Bitcoin and Ethereum extended their declines as crypto markets remained under pressure following Kevin Warsh’s hawkish comments on inflation and US monetary policy. Analysts said elevated leverage and liquidations added to selling pressure, while crypto ETF inflows and gains in US technology stocks offered some support to the broader market.
Reliance Jio IPO: 7 risk factors investors should know as firm gets Sebi nod for Rs 37,000-crore issue
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs 9.5 lakh crore, its DRHP flags several risks, including spectrum challenges, intense competition, high capital expenditure, vendor dependence, infrastructure concentration and cybersecurity threats.
Vedanta, Wipro among 10 stocks that saw biggest jump in retail holders in Q1. See full list
Vedanta, Wipro and Bajaj Auto were among the stocks that saw the biggest additions to their retail shareholder base in Q1FY27, with several large companies witnessing strong retail participation.
We imported the auction, but we left out the brakes
India’s Closing Auction Session (CAS) was introduced to improve price discovery, but recent sharp swings have exposed gaps in its safeguards. Jimeet Modi argues that allowing order cancellations until the auction ends can leave markets vulnerable to manipulation, calling for stronger controls, deeper liquidity and better protection around index-level settlement prices.
US Fed rate hike bets soar to 57% from 30% after Warsh's speech. What are Goldman Sachs and others saying?
US rate-hike expectations jumped sharply after Fed Chair Kevin Warsh’s Jackson Hole speech, with traders pricing a 57% chance of a September hike. Goldman Sachs, however, expects rates to remain unchanged, while warning that hotter-than-expected inflation data could alter the outlook. Here’s what markets and economists are saying.
FM Sitharaman promotes made-in-India potential for the 'world'; highlights Aadhaar, UPI, DigiLocker, ONDC initiatives
Finance Minister Nirmala Sitharaman addressed investors in Chicago, promoting India's manufacturing potential for global markets. She emphasized digital infrastructure's role and urged international partners to view India as a hub for innovation.
