Business

The Indian National Space Promotion and Authorization Centre (IN-SPACe) has denied applications from Chinasat and Hong Kong-based operators ApStar and AsiaSat. (AI image) India has started the process of restricting satellite usage linked to Chinese entities for domestic broadcasters and teleporters, as part of its strategy to strengthen security measures against its northern neighbour during…

The divide between domestic and foreign institutional investments in Indian equities has grown to its widest in 25 years, highlighting a clear shift in market participation. As per ET, domestic institutional investors (DIIs) now hold 18.26% of all NSE-listed companies, an increase of 44 basis points in the September quarter — their highest level on…

Market experts indicate that the short-term market trajectory will be influenced by second-quarter financial results and global economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 went above 25,650, BSE Sensex was up over 300 points. At 9:20 AM, Nifty50 was…

The Federal Aviation Administration (FAA) will reduce air traffic by 10% across 40 of America’s busiest markets from Friday, an unprecedented move to ensure flight safety as the ongoing government shutdown strains air traffic controllers. The announcement, made Wednesday, could affect thousands of flights daily, as the FAA manages more than 44,000 aircraft movements each…

File photo (Picture credit: AP) Asian shares gained on Thursday, recovering some of the previous session’s sharp losses as investor sentiment improved following upbeat US jobs data and a rebound on Wall Street. According to news agency AFP, the rally came after figures from payrolls firm ADP showed that US private sector employment jumped more…

Mumbai: A State Bank of India research report has called for a long-term national gold policy that defines gold’s role, as money or as a commodity, and aligns it with broader financial reforms. The report said such a framework should link to India’s plans for capital account convertibility and encourage investment through the monetisation of…

NEW DELHI: A high-powered government committee on artificial intelligence (AI) has said India does not require a separate law to regulate AI at this moment as a large number of risks associated with the cutting-edge technological leap can be handled by existing laws. It did, however, highlight the need to create an India-specific risk assessment…

US President Donald Trump (IANS) President Donald Trump called Democrats “kamikaze” as he blamed them for the US government shutdown entering its sixth week on Wednesday, becoming the longest in history and surpassing the 35-day record set during his first term.“I just got back from Japan,” Trump told a breakfast meeting with Republican senators at…

Danish pharmaceutical giant Novo Nordisk, the maker of obesity drugs Ozempic and Wegovy, lowered its 2025 sales outlook for the fourth time this year on Wednesday after reporting tepid third-quarter results.The company, which appointed Mike Doustdar as CEO in August, now expects full-year sales growth of 8 to 11 per cent, down from a previous…

Logistics company Delhivery on Wednesday announced a consolidated net loss of Rs 50.38 crore for the quarter ending September 2025, compared with a profit of Rs 10.20 crore during the same period last year.The company’s operational revenue for Q2 FY26 rose 16.9% to Rs 2,559.3 crore from Rs 2,189.7 crore in Q2 FY25. Revenue from…