Business

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fpi

FPIs accelerate buying: Invest 23.5k crore in August

FPIs pour Rs 23,544 crore into Indian equities in August as earnings recovery and rupee stability boost investor sentiment NEW DELHI: Foreign Portfolio Investors (FPIs) have accelerated buying in Indian equities this month, infusing Rs 23,544 crore so far as improving quarterly earnings, a stable rupee and better market prospects lift sentiment.The inflow comes after...
auto sales

Cost pressure: Carmakers see strong sales but lower profits

Carmakers see sales surge, but rising costs squeeze profits NEW DELHI: Carmakers are selling more vehicles, but higher volumes are not necessarily translating into fatter profits. Rising commodity costs, adverse currency movements and production disruptions are squeezing margins at some of India’s biggest passenger vehicle makers even as demand remains strong.Maruti Suzuki is the clearest...
dalal street outlook

Dalal Street outlook: Markets seek recovery after two-week slide; crude, geopolitical cues in focus

After two weeks of declines, Dalal Street could see some consolidation this week, with crude oil prices and developments in the US-Iran conflict likely to remain key drivers of market sentiment, analysts said.Brent crude prices, which are currently above $90 a barrel, will be closely watched, along with geopolitical developments, Siddhartha Khemka, head of research,...
growth

Informal sector establishments up 9%

Informal sector sees strong Q1 growth, with women making up nearly one-third of its 13.7 crore workforce NEW DELHI: The informal sector, which constitutes major part of the economy, registered robust growth in Q1 (April -June) of the current financial year as number of establishments in the sector grew 9% (y-o-y) to 8.7 crore from...
iphone

Apple expected to expand manufacturing beyond iPhones: Govt

Apple may expand manufacturing beyond iPhones in India, while Google could shift more device exports from China, govt says NEW DELHI: India expects Apple to widen its manufacturing footprint beyond iPhones, whereas Google could shift a substantial share of its export-oriented device production from China to India, electronics and IT minister Ashwini Vaishnaw said.Vaishnaw told...
money

PSBs losing share in high-value business: Report

Govt conclave flags PSBs’ shrinking CASA share and weaker presence in high-value banking segments NEW DELHI: Public sector banks (PSBs) have rapidly lost market share in the higher value segment of the industry, such as credit cards business, where they are offering lower range card variants and in global capability centres (GCCs), to private and...
bcg ceo

Tariffs are over-emphasised, says BCG chief

BCG CEO says CEOs are adapting to geopolitical uncertainty, AI and faster-changing business environments. NEW DELHI: The element of trade and tariffs is “over-emphasised” and the current generation of CEOs have realised there are other challenges they need to overcome to survive, BCG CEO Christoph Schweizer said at the ET World Leaders Forum Friday. Business...
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