Business

Airbus A330 Neo widebody aircraft meant for Delta airlines being tested in Toulouse, France.Nurphoto | Nurphoto | Getty ImagesDelta Air Lines posted a wider loss than it previously estimated for the first three months of the year but…

LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity.Data on Thursday showed a steady GDP in February, missing consensus expectations of 0.1% growth. Both the…

Rent the Runway's losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to streamline its costs and work towards profitability.Despite the improvements the company has made, its fiscal…

Inflation cooled in March as the Federal Reserve's interest rate increases showed more impact, the Labor Department reported Wednesday.The consumer price index, a widely followed measure of the costs for goods and services in the U.S.…

A customer shops for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas. Wholesale egg prices have begun declining more than 50% since December record highs according to Urner Barry data.Brandon Bell | Getty Images News |…

Nonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing.The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for…

Google headquarters in Mountain View, California, US, on Monday, Jan. 30, 2023. Alphabet Inc. is expected to release earnings figures on February 2.Marlena Sloss | Bloomberg | Getty ImagesCompanies announced nearly 90,000 layoffs in March,…

The initial public offering (IPO) of Avalon Technologies was subscribed 2.21 times on the final day of bidding process. The initial share sale received bids for 1,14,63,854 shares against 4,02,662 shares on offer by 5 pm on Thursday. The…

IT shares such as Wipro Ltd, TCS and Infosys have plunged up to 38% in a year as rising interest rates globally, economic slowdown and the ongoing Russia-Ukraine war took a toll on the spending of Indian IT firms. While shares of Wipro have…

The domestic equity market ended the truncated week on a positive note and extended its winning streak to the straight fifth session. After a weak opening, headline peers took a U-turn and returned to positive territory as the Reserve Bank…

Select popular stocks such as Mphasis, Dalmia Bharat, Royal Orchid Hotels, Metro Brands, PNC Infratech, KPR Mill, NCC, Vedant Fashions and CCL Products have seen fresh interest from the various domestic brokerage firms, who have recently…

Shares of Cholamandalam Investment and Finance Company Ltd rose sharply in Thursday's trade, extending their gains for the sixth consecutive session. The stock surged 8.25 per cent to hit its 52-week high of Rs 846 amid heavy volumes. The…

Adani Enterprises Ltd is likely to enter Sensex once HDFC-HDFC Bank merger is completed, said a report on Thursday. Quoting analysts' estimates, Economic Times reported IT firm LTI Mindtree Ltd is likely to make it to the benchmark Nifty in…

Shares of Indraprastha Gas Ltd (IGL) hit a fresh 52 week high today after amid gains in the broader market. Indraprastha Gas stock touched a fresh high of Rs 462.50, rising 4.31% on BSE. The share has gained after two days of fall. The…

Shares GM Breweries Ltd slipped in Thursday's trade after reporting earnings for the fourth quarter that ended March 31 this year (Q4 FY23) and announcing a dividend of Rs 6 per equity share. The company reported a net profit of Rs 35.10…

Shares of Singer India hit an upper circuit during the trading session on Thursday after the company announced a major change in its leadership. Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala, is among the key shareholders of Singer…

Adani group stocks, led by flagship Adani Enterprises, jumped up to 6 per cent in Thursday's trade, with the group market capitalisation (m-cap) climbing nearly 34,000 crore to Rs 9 lakh crore mark. Three group shares Adani Green Energy,…

Shares of Axita Cotton extended their gains for the straight third session as the company bagged a major order from Bangladesh for Indian Raw Cotton. According to the company's exchange filing with the bourses, the order is worth $3.28…

In an unexpected move, the monetary policy committee decided to keep the repo rate unchanged at 6.5%. This decision is in contrast to what many economists had predicted. Since May last year, the central bank has increased the rate by 250…

WASHINGTON D.C., UNITED STATES - DECEMBER 26: The International Monetary Fund (IMF) building is seen in Washington D.C., United States on December 26, 2022. (Photo by Celal Gunes/Anadolu Agency via Getty Images)Anadolu Agency | Anadolu…

Seasoned investor Mukul Mahavir Prasad Agrawal has added another civil construction stock to his portfolio in the quarter that ended on December 31, 2023. The marquee investor picked up a stake in Capacite Infraprojects in the fourth…

Indian equity benchmarks slipped in early trade on Thursday ahead of the Reserve Bank of India's (RBI's) policy outcome. The 30-share BSE Sensex fell 114 points or 0.19 per cent to 59,575, while the broader NSE Nifty moved 32 points or 0.18…

Shares of Tata Steel, FSN E-Commerce Ventures (Nykaa) and Avenue Supermarts will be in focus on Thursday morning after the three companies came out with their March quarter business updates. While Tata Steel saw a 3 per cent rise in…

Buying in index heavyweights and supportive domestic cues lifted key equity indices on Wednesday. The BSE Sensex surged 582.87 points, or 0.99 per cent, to close at 59,689.31. The NSE's Nifty advanced 159 points, or 0.91 per cent, to settle…

A call for employment sign is displayed on a Dollar General convenience store on March 10, 2023 in Austin, Texas. Brandon Bell | Getty ImagesPrivate sector hiring decelerated in March, flashing another potential sign that U.S. economic…

Shares of Brightcom Group Ltd on Wednesday rose for the third straight session to settle at their upper price band of Rs 17.71 over its previous close of Rs 16.10. The stock has rebounded sharply, rising 47.83 per cent from its 52-week low…

Shares of Tips Industries Ltd fell today after three days of gains after the media and entertainment firm fixed record date for stock split. Tips Industries stock ended 0.03% lower at Rs 1,575 against the previous close of Rs 1575.70 on…

After a day's hiatus, Dalal Street took its winning streak to the fourth session on Wednesday as the benchmark indices were able to extend their gains, ignoring dull global cues. Strong quarterly updates from the index heavyweights, order…

Shares of Larsen & Toubro (L&T) jumped 4 per cent on Wednesday trade as it received repeat mega orders for its hydrocarbon business. While the engineering and construction major did not disclose the amount, it classifies mega order…

Life Insurance Corporation of India (LIC), the country’s biggest institutional investors, managed to get a handsome return from select smallcap and midcap stocks for the financial year ended March 31, 2023. The year gone by stood highly…