- newExports, China's bright spot in 2024, see slower growth in Sept
China's export growth in September slowed to 2.4%, marking its weakest level since May, due to reduced shipments to key markets and rising trade tensions. Imports saw a minimal increase, contributing to a substantial trade surplus of $82 billion for September. Notably, Russian purchases of Chinese goods surged to a record $11 billion.
- 1 hour ago 14 Oct 24, 11:00pm - - newChina, EU lock eyes at Paris car show as EV tariffs loom
Chinese and European automakers face off at the Paris car show amid EU plans for hefty import tariffs on Chinese EVs. Chinese brands caution higher prices could dissuade consumers while pushing forward with European market expansions, despite new EU duties of up to 45% on Chinese-made vehicles.
- 1 hour ago 14 Oct 24, 10:56pm - - newHyundai India raises Rs 8,315 crore from anchor investors ahead of IPO opening
Hyundai Motor India raised Rs 8,315 crore from 225 anchor investors for its upcoming IPO, allotting shares at Rs 1,960 per share. The IPO, exclusively an offer for sale, will see proceeds go to Hyundai Motor Global. Operating with high capacity utilization, Hyundai plans to drive innovation using the raised funds, while maintaining strong revenue and profit growth.
- 2 hours ago 14 Oct 24, 9:51pm - - newHow the 'innocent' British nerve agent victim caught in global murder plot
A public inquiry reveals that Dawn Sturgess died after using a perfume bottle containing Novichok, inadvertently caught in a failed assassination attempt on Sergei Skripal. The UK blames Russian agents, while Russia denies involvement. Relations between London and Moscow remain strained.
- 3 hours ago 14 Oct 24, 8:50pm - - newReliance Jio Q2 Results: Profit jumps 23% YoY to Rs 6,539 crore, revenue up 18%; ARPU rises 7% to Rs 195.1
Reliance Jio Q2 Results 2024: Reliance Jio Infocomm on Monday reported a 23.4% jump in its September quarter consolidated net profit at Rs 6,539 crore versus Rs 5,299 crore reported by the company in the year ago period. The revenue from operations stood at Rs 31,709 crore, higher by 18% over Rs 26,875 posted by the company in the corresponding quarter of the previous financial year.
- 5 hours ago 14 Oct 24, 7:20pm - - newGold revisits all-time high of Rs 78,700 per 10 grams
In addition to this, the long liquidation by short-term traders also had a negative impact on gold prices, and money managers reduced their net-bullish bets on gold to their lowest level in eight weeks, Gandhi added.
- 5 hours ago 14 Oct 24, 7:04pm - - newSebi introduces framework to monitor shareholding of market infra institutions
Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.
- 5 hours ago 14 Oct 24, 7:02pm - - newHCL Tech Q2 Results: Cons PAT jumps 10.5% YoY to Rs 4,235 crore, beats estimates
HCL Tech Q2 Results: Company exceeded expectations with an 8.2% YoY revenue increase to Rs 28,862 crore and a 10.5% jump in profit to Rs 4,235 crore. Both figures surpassed analyst estimates. The company projects continued growth, forecasting a 3.5%-5% rise in revenue and an 18%-19% EBIT margin for the coming year. Chairperson Roshni Nadar Malhotra emphasized HCL Tech's commitment to sustainable growth and upskilling its workforce in next-generation technologies.
- 7 hours ago 14 Oct 24, 5:30pm - - newHDFC Life Q2 Results Preview: APE may grow up to 26% YoY, VNB in range of 12-22%
The value of new businesses (VNBs) for Q2FY25 is projected to be between Rs 900-978 crore, reflecting a year-on-year growth of 12% to 22%, according to brokerage estimates. Sequentially, annualized premium equivalent (APE) could rise by 24-34%, while VNB is expected to increase by 25-36%.
- 10 hours ago 14 Oct 24, 2:00pm - - Singapore colleges are new travel hotspot for China's Tiger Moms
During the Golden Week, many Chinese parents visited Singapore's universities with hopes of giving their children an academic edge. The influx led to crowd control measures by the universities. The interest highlights a shift towards Singapore for its top rankings, easy visa regime, and proximity to China.
- 2 days ago 13 Oct 24, 12:03am - - Beijing shores up its property sector, signals more spending
China plans new steps to support the property sector and may increase government borrowing to boost the economy. Local governments will use special bonds to buy unsold homes. The central government has room to borrow more, and new fiscal stimulus details may follow after a top lawmakers meeting.
- 2 days ago 12 Oct 24, 11:41pm - - China-EU EV tariff talks in Brussels end with 'major differences': Beijing
The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.
- 2 days ago 12 Oct 24, 5:24pm - - Commerce, shipping ministries to discuss trade and shipping-related tax issues tomorrow
Officials from Commerce, Industry, and Finance ministries, along with shipping and industry stakeholders, are to meet on Friday to discuss critical tax issues in the maritime sector. This comes as exporters face high freight rates amid the West Asia conflict, impacting India's exports which saw a significant decline recently.
- 5 days ago 9 Oct 24, 11:28pm - - Carbon tax proposed by EU unilateral, arbitrary to hurt India's export: FM Sitharaman
Finance Minister Nirmala Sitharaman criticizes the EU's Carbon Border Adjustment Mechanism (CBAM), calling it unilateral and arbitrary. CBAM, set to start in 2026, may harm India's exports in key sectors like steel and cement. Despite this, talks on an FTA with the EU are expected to continue.
- 5 days ago 9 Oct 24, 6:57pm - - Next round of India-EU FTA talks in 2025
India and the EU are set to hold the next round of FTA negotiations in early next year. Limited progress was achieved on rules of origin and government procurement. Positive discussions took place on market access for goods, sectoral annexes, and professional qualifications recognition.
- 8 days ago 7 Oct 24, 12:21am -
- ET Poll: RBI may hit pause button on interest rates again
The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 6.50% due to concerns over sustained inflation and geopolitical tensions in West Asia. The central bank may also shift its monetary policy stance to neutral, reflecting tolerance for surplus liquidity in the banking system.
- 8 days ago 6 Oct 24, 11:29pm - - India regards the United States as one of our most reliable trade partners: Piyush Goyal
US-India relations are growing in trade, technology, and investment. Union Minister Piyush Goyal emphasized the importance of these ties. Recent MoU on critical minerals, regular trade forums, and high-level meetings highlight this partnership. The focus is also on reskilling technical personnel for AI collaboration. Both nations engage frequently, transcending politics.
- 11 days ago 4 Oct 24, 6:32am - - US port strike to hit Indian textile, pharma, auto part exports, push costs up 3x: GTRI
The ongoing strike at 14 major ports in the US is causing significant delays in unloading and processing shipments from India. This impacts goods like textiles, pharmaceuticals, and auto parts. The strike could lead to higher costs and longer transit times for Indian exporters who are already facing challenges. The backlog is expected to increase further.
- 11 days ago 3 Oct 24, 9:11pm - - Jamnagar's SME IPO gets highest listing premium of 387% in 2024, 15th multibagger debut of the year
Winsol Engineers, based in Jamnagar, achieved the highest premium on listing this year, aligning with expectations. Its stock debuted with an impressive premium of nearly 387% over the issue price on Tuesday, marking one of the strongest listings in recent memory.
- 14 May 24, 2:42pm - - SRM Contractors sets IPO price band at Rs 200-210 per share; issue to open on March 26
SRM Contractors IPO will open for subscription on March 26. The company is looking to raise Rs 130 crore. It has set the price band of Rs 200-210 per share for the IPO.
- 21 Mar 24, 4:36pm - - Lok Sabha election 2024: Maharashtra get interesting after splits in Shiv Sena, NCP
Lok Sabha election 2024: The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18.
- 17 Mar 24, 12:16pm - - Modi charisma key factor in BJP's bid to retain all 26 seats in Gujarat
Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt…
- 16 Mar 24, 8:35pm - - Implementation of 'guarantees', decline of BRS favour Congress in Telangana, BJP aiming for better show
The BJP, riding high on its growing voter base in Telangana, is now aiming to win over 12 out of the total 17 seats and 35 per cent vote share, in the upcoming Lok Sabha polls. The party doubled its vote share to nearly 14 per cent resulting in eight seats in the assembly elections held on November 30, last year. BRS, which ruled the state for about a decade since its emergence, is low on morale following the defeat, even as its founder and former Chief Minister K Chandrasekhar Rao's daughter K…
- 16 Mar 24, 5:48pm - - Kavitha arrest before polls may hit BRS morale, hasten desertions; party calls for protests tomorrow
Kavitha's arrest before Lok Sabha elections may psychologically impact BRS party. Meanwhile, fomer minister Harish Rao announced protests in the state. Moreover, desertion of MPs and leaders who are not contesting polls adds to party's troubles. Nagesh Kumar predictsed that more desertions could happen due to Kavitha's arrest.
- 15 Mar 24, 9:57pm - - A mysterious "push" probably behind Mamata Banerjee's fall, suggests hospital director
West Bengal Chief Minister Mamata Banerjee clarified that her fall at home was due to a 'sensation of push.' Initial reports suggested she fell due to 'some push from behind,' leading to injuries on her forehead and nose. Banerjee received treatment at SSKM Hospital and is reported to be clinically stable. The incident sparked speculation, but the police confirmed no complaint has been lodged. Banerjee has suffered injuries in the past and is under a "Z+ category" security cover.
- 15 Mar 24, 6:59am - - Rajasthan: Two former ministers, several ex-MLAs quit Congress to join BJP ahead of Lok Sabha polls
It is a second major jolt to the Congress within a few days as former minister Mahendrajeet Singh Malviya recently joined the BJP which fielded him from Basnwara in the LS elections. Rajasthan Chief Minister Bhajanlal Sharma, state BJP president C P Joshi and Union minister Bhupendra Yadav welcomed the new joinees into the party fold at its state headquarters. Addressing the joining ceremony, Kataria said he was driven by his conscience to join the BJP. He said the BJP understands the pain and…
- 10 Mar 24, 9:14pm - - Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months
ETMarkets scanned through the quarterly shareholding of promoters, and found seven companies where the holding came down sharply on a sequential basis, while the stocks have gained up to 55% so far in 2024.
- 26 Feb 24, 9:46am - - Standard Chartered doesn’t see rupee cross 84 even if dollar climbs
“The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial markets at the lender said on Bloomberg TV Friday. The monetary authority has “been following the stated policy of containing volatility in the rupee,” she said.
- 29 Sep 23, 3:01pm - - Coffee Day Enterprises Q1 Results: Firm swings to black, reports Rs 23 crore profit
Revenue from operations was at Rs 247.29 crore during the quarter under review. It was at Rs 210.49 crore in the year-ago period.
- 15 Aug 23, 12:55pm - - Selective in pharma and capital goods; will move to overweight in IT on weakness: Trideep Bhattacharya
“From an asset allocation perspective, a slightly longer-term answer to your question is yes, inflation is likely to be stickier and hence, while rates might have peaked, coming down might take some time. The asset allocation needs to be thought about in that context.”
- 15 Aug 23, 11:05am - - Apple faces Indian engineer’s bias lawsuit
Anita Nariani Schulze is part of the Sindhi minority. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticised her, micromanaged her work and deprived her of bonuses, despite positive performance evaluations and significant team contributions.
- 25 Mar 21, 11:14pm - - Despite transatlantic 'love fest', EU charts third way in ties with US and China
But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
- 12 Mar 21, 4:53pm - - Twitter's India policy head to step down; will transition in March
This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.
- 7 Feb 21, 1:01pm - - Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme
Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
- 18 Jan 21, 9:41pm - - Indian dating apps, services see surge of paying users in small cities
Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.
- 1 Jan 21, 10:39pm - - Time for government, companies to adopt artificial intelligence: Deloitte India
“Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.
- 27 Dec 20, 11:33pm - - Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador
Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
- 3 Jun 14, 5:34am - - Confidence level of industry improving: KV Kamath, ICICI Bank
"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."
- 2 Jun 14, 2:27pm - - We may see rapid growth over the next few years: Raamdeo Agrawal
Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
- 2 Jun 14, 8:00am - - Every decision of government needn’t be a big reform: Anand Mahindra
"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."
- 2 Jun 14, 4:00am - - Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar
"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."
- 31 May 14, 4:00am - - There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai
"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."
- 29 May 14, 12:40pm - - ET Search
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- 6 Aug 13, 1:45pm - - After the Oscars, what's next for silent stars of The Artist?
The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.
- 29 Feb 12, 12:42am - - Delhi World Book fair: A fair like no other
It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.
- 25 Feb 12, 7:38am - - Indian gift makes its way to State Department exhibition
An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.
- 24 Feb 12, 1:39pm - - IMD to use dynamic models for forecasts
Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.
- 22 Feb 12, 2:19am - - Docs reveal contents of first wire msg between India & Eng
Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.
- 21 Feb 12, 3:19pm - - Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery
Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.
- 20 Feb 12, 4:27pm - - Alfa raises delisting price to Rs 2,850 a share
Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
- 10 Jan 12, 5:49pm - - DB Realty, Unitech stocks rose
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
- 30 Nov 11, 3:55am - - Fitch withdraws Reliance Capital ratings
Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
- 20 Oct 11, 9:00pm - - 'Discoms' poor fin health poses risks for traders'
The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
- 20 Oct 11, 8:02pm - - Cigarette cos shares outperform benchmark Sensex
Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
- 19 Jul 11, 1:35am - - Lovable Lingerie's dream run on as traders lap it up
Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
- 18 Jun 11, 12:25am - - 'Big Daddy' laps up Cipla after Q1 nos beat forecast
Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
- 14 Aug 10, 3:35am - - Old Fox has dream run on Dalal Street
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
- 14 Aug 10, 3:26am - - Cairn India hits record high on BSE amid stake sale talks
The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
- 13 Aug 10, 8:11pm - - Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake
In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
- 13 Aug 10, 7:26pm - - SBI shares on gaining spree; hit record high
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
- 13 Aug 10, 6:47pm - - Traders bet on calendar spread as Nifty moves in a tight range
A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
- 13 Aug 10, 2:25am - - Seven out of top 10 Asian small-cap funds are Indian
An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
- 12 Aug 10, 10:50am - - Nifty may find support at 5300 level
As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
- 12 Aug 10, 2:22am - - 'Don't bank only on price-to-earning ratio'
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
- 9 Aug 10, 3:55am - - Market may trade in a range, but FIIs seen sold on India
Market may see range-bound trading this week in the absence of any major trigger.
- 9 Aug 10, 1:05am -