Singapore: In comments on its 25.1 per cent stake in Air India, Singapore Airlines on Tuesday said its investments in India have been, and will continue to be, funded through internal resources. The statement came after opposition member Kenneth asked in parliament whether losses from SIA’s foreign associates have been assessed against its capacity to…
Mumbai: The rupee depreciated 10 paise to 94.66 against the US dollar in early trade on Tuesday, as surging Brent crude prices near USD 97/bbl and Middle Eastern geopolitical friction dampened investor confidence. Forex traders noted that ongoing RBI dollar sales and strong foreign-currency inflows under special schemes helped keep the rupee range-bound despite heavy…
Two European central banks have moved meaningful gold tonnage out of North America this year. De Nederlandsche Bank shifted 86 tonnes from New York and Ottawa to London between March and August, and the Banque de France sold 129 tonnes in New York over the prior year and repurchased it in Europe. Both institutions cited…
Scheduled for September 15–18 at the India Expo Centre in Greater Noida, outside the national capital, bauma CONEXPO INDIA 2026 comes at an important juncture for India’s construction equipment industry. The biennial exhibition brings together construction machinery, building-material machinery, mining equipment and construction vehicles, making it one of the industry’s significant platforms for technology, products,…
New Delhi: Car market leader Maruti Suzuki India on Monday announced another hike in prices of select models by up to Rs 20,000 — its third hike since May — to be effective from this month, citing rising input costs and inflationary pressures. The previous two price hikes announced by the company were for models…
Mumbai: Stock market benchmark indices Sensex and Nifty drifted lower in early trade on Monday as elevated crude oil prices, escalation in US-Iran hostilities and concerns over a possible US interest rate hike weighed on investors’ sentiment. The 30-share BSE Sensex dropped 172.77 points to 76,342.66 in early trade. The 50-share NSE Nifty declined 63.30…
There is something slightly unusual about the timing of bauma CONEXPO INDIA 2026. The industry comes to one of its biggest gatherings after a difficult year for domestic sales, yet with exports providing a distinctly different signal – they are accelerating and the bigger industrial story is beginning to move beyond the market itself. India…
There was a time when a JCB backhoe loader almost needed no introduction on an Indian construction site. The yellow machine had become part of the landscape. But the landscape itself is changing, with India’s construction equipment market slipping in FY26 even as exports moved sharply higher, leaving JCB in the enviable position of remaining…
India’s infrastructure story has traditionally been written in tonnes, horsepower and machine hours. Put enough equipment on a project, keep enough people moving and, eventually, the concrete gets poured. That model still has plenty of life in it, but it is becoming harder to rely on equipment numbers alone. Projects are being delivered in tighter…
There are two questions people keep asking about Indian markets this year. First, is the endless stream of new shares hitting the market- IPOs, QIPs, promoters and the government selling stock- the real reason our market has struggled? Second, if our economy is doing so well, why are markets in Germany, Pakistan, Brazil, and Mexico…
