Trade
India’s exports recorded their fastest growth in three years, defying concerns over higher tariffs imposed by the United States under President Donald Trump. Official data shows that outbound shipments grew strongly in recent months, driven by resilient demand from key markets, especially the US, and improved competitiveness of Indian goods. Government officials said the
Business
SpaceX has begun early-stage discussions with Wall Street banks as it explores the possibility of a future initial public offering, according to people familiar with the matter. Senior executives at the Elon Musk-led aerospace company have reportedly started the process of sounding out major investment banks to assess market interest and potential valuation scenarios. The
Business
Microsoft India and South Asia President Puneet Chandok has said artificial intelligence will transform how jobs are performed rather than eliminate them, pushing back against fears of large-scale job losses due to automation. Speaking on the impact of AI on the workforce, Chandok said technology has historically changed the nature of work and AI will […]
Business
E-commerce logistics platform Shiprocket has filed an updated draft red herring prospectus with the Securities and Exchange Board of India for its proposed initial public offering worth ₹2,342.3 crore. The filing brings the Gurugram-based company closer to a public listing, as it seeks to tap capital markets amid continued growth in India’s digital commerce ecosystem. […]
Business Markets
Indian equity markets closed higher on December 12 as buying interest returned across key sectors. The BSE Sensex ended the session with solid gains, while the Nifty 50 comfortably held above the 26,000 level. The recovery came after recent volatility, with investors responding positively to supportive global cues and improved domestic sentiment. Sectoral Stocks Lead […]
Business Markets
Indian markets turned negative on Thursday as the Sensex fell around 150 points from its intraday high and the Nifty slipped below 25,900. Both indices, which opened on a stronger note, lost momentum through the session amid broad-based selling pressure. Global Factors Weigh on Sentiment Weak trends across major Asian markets and mixed signals from […]