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Category: Business and Trade news

Sensex, Nifty open a tad lower amid mixed global cues

Sensex, Nifty open a tad lower amid mixed global cues

Business and Trade news May 20, 2025

Mumbai, May 20 (IANS) The domestic benchmark indices opened lower on Tuesday amid mixed global cues, as selling was seen in the auto, PSU bank and financial service sectors in… Continue reading Sensex, Nifty open a tad lower amid mixed global cues

Borosil’s net profit drops sharply by nearly 69 pc in Q4, revenue declines

Borosil’s net profit drops sharply by nearly 69 pc in Q4, revenue declines

Business and Trade news May 20, 2025

Mumbai, May 19 (IANS) Glassware firm Borosil Limited on Monday reported a 68.58 per cent decline in its net profit to just Rs 11.14 crore for the fourth quarter (Q4… Continue reading Borosil’s net profit drops sharply by nearly 69 pc in Q4, revenue declines

RBI proposes 10 per cent cap on RE investments in AIFs

RBI proposes 10 per cent cap on RE investments in AIFs

Business and Trade news May 20, 2025

Mumbai, May 19 (IANS) The Reserve Bank of India proposes to cap a single regulated entity’s (RE) contribution to any Alternative Investment Funds (AIF) at 10 per cent of its… Continue reading RBI proposes 10 per cent cap on RE investments in AIFs

Indian brands capture 91 pc of domestic smartwatch market in Q1: Report

Indian brands capture 91 pc of domestic smartwatch market in Q1: Report

Business and Trade news May 19, 2025

New Delhi, May 19 (IANS) Indian brands captured over 91 per cent of the smartwatch market in the January-March quarter (Q1), reaffirming their stronghold in the segment, a report showed… Continue reading Indian brands capture 91 pc of domestic smartwatch market in Q1: Report

UIDAI shares non-personal Aadhaar dashboard data to promote transparency

UIDAI shares non-personal Aadhaar dashboard data to promote transparency

Business and Trade news May 19, 2025

New Delhi, May 19 (IANS) The Unique Identification Authority of India (UIDAI) on Monday said it has begun sharing non-personal, anonymised data from the Aadhaar Dashboard on the open government… Continue reading UIDAI shares non-personal Aadhaar dashboard data to promote transparency

Indian scientists design fast charging sodium-ion battery

Indian scientists design fast charging sodium-ion battery

Business and Trade news May 19, 2025

New Delhi, May 19 (IANS) A research team at the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), an autonomous institute of the Department of Science and Technology (DST) has… Continue reading Indian scientists design fast charging sodium-ion battery

Jupiter Wagons’ net profit falls nearly 2 pc in Q4, revenue slips

Jupiter Wagons’ net profit falls nearly 2 pc in Q4, revenue slips

Business and Trade news May 19, 2025

Mumbai, May 19 (IANS) Railway wagons and components manufacturer Jupiter Wagons on Monday reported a decline of 1.9 per cent in its net profit at Rs 103 crore in Q4… Continue reading Jupiter Wagons’ net profit falls nearly 2 pc in Q4, revenue slips

Over 1.64 lakh primary buyers, 4.2 lakh active sellers now onboard on GeM

Over 1.64 lakh primary buyers, 4.2 lakh active sellers now onboard on GeM

Business and Trade news May 19, 2025

New Delhi, May 19 (IANS) Government e-Marketplace’s (GeM) user base has seen a three-fold increase in recent years, with over 1.64 lakh primary buyers and 4.2 lakh active sellers now… Continue reading Over 1.64 lakh primary buyers, 4.2 lakh active sellers now onboard on GeM

Seoul shares fall on US credit downgrade jitters

Seoul shares fall on US credit downgrade jitters

Business and Trade news May 19, 2025

Seoul, May 19 (IANS) South Korean stocks closed markedly lower on Monday as investors grew cautious over the impact of global credit rating agency Moody’s downgrade of the United States’… Continue reading Seoul shares fall on US credit downgrade jitters

Construction firm IRB Infra’s net profit crashes 96 pc in Q4 FY25

Construction firm IRB Infra’s net profit crashes 96 pc in Q4 FY25

Business and Trade news May 19, 2025

Mumbai, May 19 (IANS) Highway construction firm IRB Infrastructure Developers Limited on Monday reported a sharp decline of 96.43 per cent in its net profit after tax (PAT) to Rs… Continue reading Construction firm IRB Infra’s net profit crashes 96 pc in Q4 FY25

India’s orthopaedic, cardiac implant industry to reach  billion by FY28

India’s orthopaedic, cardiac implant industry to reach $5 billion by FY28

Business and Trade news May 19, 2025

New Delhi, May 19 (IANS) India’s orthopaedic and cardiac implant sector, including exports, is expected to reach $4.5 to $5 billion by FY28, driven by strong domestic demand and gradually… Continue reading India’s orthopaedic, cardiac implant industry to reach $5 billion by FY28

Sensex, Nifty end lower over profit booking

Sensex, Nifty end lower over profit booking

Business and Trade news May 19, 2025

Mumbai, May 19 (IANS) The Indian stock market began the week on a weak note as benchmark indices ended lower on Monday, mainly due to profit booking at higher levels.… Continue reading Sensex, Nifty end lower over profit booking

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