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Stock markets decline for 2nd day amid rising crude oil prices

India, Aug. 13 -- Benchmark equity indices Sensex and Nifty ended lower for the second day on Wednesday as elevated crude oil prices and selling in Tata Group stocks after Tata Sons Chairman N Chandra... Read More


Rupee rises 3 paise to close at 95.33 against US dollar

India, Aug. 13 -- The rupee settled just 3 paise higher at 95.33 (provisional) against the US dollar on Wednesday, as hopes of a quick US-Iran agreement and reopening of the Strait of Hormuz faded. F... Read More


Central Bank of India mobilises $250 million under FCNR (B) window: CEO

India, Aug. 13 -- State-owned lender Central Bank of India has mobilised $250 million under the FCNR-B window introduced by the Reserve Bank of India (RBI), a senior bank official said on Wednesday. ... Read More


Growing gap between renewable energy, transmission capacity key credit risk: Ind-Ra

India, Aug. 13 -- India Ratings and Research (Ind-Ra) on Wednesday said the growing gap between renewable energy (RE) commissioning and transmission readiness is emerging as a key credit risk for the ... Read More


Axis Bank raises $300 million via bonds

India, Aug. 13 -- Axis Bank on Wednesday said it has raised $300 million (about Rs 2,850 crore) by selling bonds to overseas investors to fund business growth. The bank has successfully allotted $300... Read More


Tata Motors Q1 net profit jumps 83% to Rs 2,556 crore

India, Aug. 13 -- Commercial vehicle maker Tata Motors Ltd on Wednesday reported an 83 per cent jump in consolidated net profit at Rs 2,556 crore in the first quarter ended June 30, led by a mark-to-m... Read More


Putin threatens retaliation over seized Russian vessels

India, Aug. 13 -- Russian President Vladimir Putin on Wednesday threatened retaliation for Western seizures of its commercial vessels, describing them as "piracy." Speaking on a visit to a Russian wa... Read More


Hungary's Parliament elects Andras Baka as president as part of Orban-era purge

India, Aug. 13 -- Hungary's Parliament elected former Supreme Court chief justice Andras Baka as president as the country's new Government dismantles power structures left behind by former Prime Minis... Read More


Indian physicist wins prestigious 2026 Dirac Medal

India, Aug. 13 -- Indian physicist Deepak Dhar has won the prestigious 2026 Dirac Medal, one of the world's leading honours in theoretical physics, for his "important contributions to statistical mech... Read More


Trump insists blockade gives US control of Strait of Hormuz

India, Aug. 13 -- U.S. President Donald Trump on Wednesday, Aug 12 insisted the blockade gives the U.S. control of the Strait of Hormuz. Claiming the U.S. has "total control" of the strait, Trump sai... Read More