Stock market today: Nifty50 ends up at 23,123; Sensex climbs 500 points to 74,616Business News Today: Stock Markets, Financial News, India Business & World Business News
Dalal Street opened higher on Tuesday, with benchmark indices rising after a strong rebound in the previous session. Intense buying in banking and IT stocks, coupled with a strengthening rupee, boosted investor confidence. Global markets showed a mixed trend as oil prices climbed amid Middle East tensions.
UP hikes minimum wages across categories amid Noida protest: What workers will now earnBusiness News Today: Stock Markets, Financial News, India Business & World Business News
Uttar Pradesh government has approved a significant interim hike of approximately 21% in minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, effective April 1. This decision follows widespread factory worker protests. New monthly wages for unskilled, semi-skilled, and skilled workers in these regions have been revised, with the CM urging employers to ensure…
First time in 7 years! India gets 4 million barrels of crude oil from Iran just ahead of Trump waiver expiryBusiness News Today: Stock Markets, Financial News, India Business & World Business News
The very large crude carrier Jaya, fully loaded with Iranian oil, is currently unloading its cargo at Paradip on India’s eastern coast. India is looking to quickly secure supplies ahead of a deadline set by the Donald Trump administration that expires over the weekend.
Shocker for India’s solar sector: US slaps 123% anti-dumping duty on importsBusiness News Today: Stock Markets, Financial News, India Business & World Business News
The US has slapped a hefty 123.04% anti-dumping duty on Indian solar cells and modules, citing “critical circumstances.” This, combined with existing duties, makes US shipments unviable. However, Indian solar firms have already diversified exports to Europe and West Asia, mitigating the immediate impact. The industry plans to challenge the “flawed” findings.
From queues to QR codes: How UPI transformed India’s digital payments, now driving 49% of global real-time transactionsBusiness News Today: Stock Markets, Financial News, India Business & World Business News
India’s financial landscape has been revolutionized by UPI, the nation’s digital payments centerpiece. Launched in 2016, it has become the world’s largest real-time payment system by volume, processing billions of transactions monthly. UPI has significantly expanded financial inclusion, bringing millions into the digital economy and setting a global benchmark for inclusive financial innovation.
Oil, LNG supplies: Top Russian official Manturov signals fuel support for India during Middle East crisisBusiness News Today: Stock Markets, Financial News, India Business & World Business News
Russia’s Deputy Chairman Denis Manturov highlighted a deepening energy partnership with India, stating Moscow can ramp up oil and LNG supplies amid the Middle East crisis. The visit also confirmed increased fertilizer supplies and ongoing collaboration in nuclear energy, alongside discussions on expanding industrial, space, and technological cooperation.
RBL Bank profit jumps over two times to Rs 230 crore on improved performance
RBL Bank’s profit jumped to a higher Rs 230 crore for the quarter. It was up from the same period in last year, while the total earnings have been on a rise for the last three quarters too. Over the last three quarters, we have seen the bank focusing on improving its asset quality as…