Business

The Indian rupee may finally have found a floor after months of sustained depreciation, with Jefferies indicating that the currency has likely bottomed out following its sharp underperformance against major emerging market peers, ANI reported.In its latest GREED & fear note, Jefferies said the rupee has been “the worst performer year to date amongst major…

The government’s e-Jagriti digital consumer grievance platform has handled nearly 1.30 lakh cases since its launch in January, with more than 2 lakh users—including non-resident Indians—registering on the unified system. The consumer affairs ministry said in a statement that 1,27,058 cases had been disposed of as of 13 November, highlighting the platform’s efficiency in strengthening…

Eight of India’s ten most valuable companies together added more than Rs 2.05 lakh crore in market capitalisation last week, with Bharti Airtel and Reliance Industries leading the upswing. The positive movement came alongside a steady recovery in the broader market, where the BSE Sensex rose 1.62 per cent and the NSE Nifty gained 1.64…

WASHINGTON/NEW DELHI: Indian spice merchants and tea growers will be among global exporters who will breathe easy along with American consumers after US president Donald Trump, feeling the heat of rising domestic prices due to tariffs, moved to lower import duties on nearly 200 food, farm, and agricultural items. Tucked deep in the list is…

Yamaha Motor is aiming for a strong rise in exports from India this year, with the company expecting a 25 per cent jump. The Japanese two-wheeler maker plans to position its Chennai plant as the main export hub for global markets, particularly advanced economies.Yamaha Motor Co Ltd senior executive officer and Yamaha Motor India group…

French department store Galeries Lafayette has officially entered India with a large five-floor store opened in Mumbai, hoping to tap into the country’s massive consumer base—but the road ahead is far from simple.Backed locally by the fashion division of the Aditya Birla Group, the retailer’s debut marks another attempt by global luxury brands to establish…

File photo: Ex-Fed governor Adriana Kugler (Picture credit: AP) Former Federal Reserve governor Adriana Kugler, who resigned abruptly in August, repeatedly broke the central bank’s strict trading rules before stepping down, according to new disclosures released by US ethics authorities.A report by the US Office of Government Ethics, reviewed after the Federal Reserve referred the…

Walmart is set to undergo a major leadership change, as the chief executive, Doug McMillon, will retire next year, after spending a little over 10 years at the position. The company has named John Furner, currently CEO and president of Walmart’s US operations, as his successor. Furner will assume the top job on February 1,…

The Asia Pacific region will require 19,560 new aircraft over the next two decades as rising passenger traffic, rapid fleet expansion and strong growth in markets such as India and China reshape global aviation demand, Airbus said on Saturday, PTI reported.Presenting its long-term market forecast at the Association of Asia-Pacific Airlines (AAPA) Annual Assembly in…

India has stood its ground, continuing buying crude from Russia, despite repeated objections from US President Donald TrumpIn October, crude oil worth $2.5 billion flowed into the country from Moscow, making it the world’s second-largest buyer. India was second only to China, which purchased $3.7 billion, according to the Helsinki-based Centre for Research on Energy…