TOI Business Desk
The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world. Article
Vande Bharat sleeper: Why delivery of 200 new Indian Railways trains may be delayed
Sep 25, 2024Vande Bharat sleeper launch: The delivery of 200 Vande Bharat sleeper trains of Indian Railways is delayed due to ongoing negotiations on design changes and train length. The BEML-ICF prototype could enter service later this year.
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Sep 25, 2024Foxconn is looking to invest $1 billion to establish a smartphone display module assembly unit in Tamil Nadu, focusing on Apple's iPhone. This development will elevate India's role in the electronic assembly value chain while reducing reliance on imports from China.
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Gold rate today: Gold October futures reach all time high; scale Rs 76,000 per 10 grams
Sep 25, 2024Gold October futures at MCX soared to a new peak of Rs 76,000 per 10 grams, influenced by US Fed rate cuts and Chinese economic stimulus. Silver December futures dipped slightly but showed overall gains. Analysts point to economic optimism and geopolitical tensions as driving forces behind the gold price surge.
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Stock market today: BSE Sensex drops 150 points; Nifty50 near 25,900
Sep 25, 2024Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, dropped in opening trade on Wednesday. While BSE Sensex was trading above 84,700, Nifty50 was near 25,900.
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Swiggy receives Sebi approval for $1.25 billion IPO
Sep 24, 2024Swiggy has received SEBI's nod for its $1.25 billion IPO. The company will file an updated draft red herring prospectus and enter a 21-day public feedback phase. The IPO aims to raise Rs 3,750 crore in fresh capital and Rs 6,664 crore via an offer-for-sale component.
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What is 7-5-3-1 SIP rule that may help boost your investment returns
Sep 24, 2024The 7-5-3-1 rule offers a strategy for investors to maximize returns on Systematic Investment Plans (SIPs). It involves a seven-year investment period, diversifying across five asset classes, preparing for three challenging phases, and increasing SIP amounts annually. This method aims to balance risk and reward while boosting long-term portfolio growth.
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Market mania: Bankers fan out across India to sign up new clients
Sep 24, 2024Indian stock indices BSE Sensex and Nifty 50 have achieved new all-time highs due to US interest rate cuts and China's stimulus measures. The rally is fueled by strong foreign inflows and favorable domestic economic conditions. Local investors' growing enthusiasm for stocks has significantly contributed to this surge, which analysts predict will continue into 2025.
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SEBI fines Anil Ambani’s son Rs1cr for loan approvals without 'due diligence'
Sep 24, 2024SEBI has fined Jai Anmol Ambani Rs 1 crore for inadequate due diligence in approving corporate loans at Reliance Home Finance. Krishnan Gopalakrishnan, the former chief risk officer, was fined Rs 15 lakh. Both must pay within 45 days. SEBI highlighted discrepancies and lack of ethical standards in their actions.
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Stock market today: BSE Sensex, Nifty50 open in red after record rally
Sep 24, 2024Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Tuesday. While BSE Sensex was above 84,800, Nifty50 was near 25,900.