menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

Business News

source image

Bloomberg Quint

5d

read

102

img
dot

Image Credit: Bloomberg Quint

Nifty 50 Top Gainers, Losers On July 14: Eternal, Titan To Jio Finance, Tech Mahindra

  • Nifty 50 saw Eternal, Titan, ONGC, SBI Life, and IndusInd Bank as top gainers, with gains up to 2.90%.
  • Jio Finance and Tech Mahindra faced significant losses, dropping by nearly 2% and 1.61% respectively.
  • Benchmark indices like Nifty and BSE closed lower for the fourth consecutive day, with Nifty 50 ending 0.27% down and BSE Sensex closing 0.30% lower.
  • Indices were dragged down by companies like Jio Finance, Tech Mahindra, Wipro, Asian Paints, and Infosys.

Read Full Article

like

6 Likes

source image

Baystreet

5d

read

184

img
dot

Image Credit: Baystreet

Puerto Rico’s Energy Crisis Deepens Amid Dispute With LNG Supplier

  • Puerto Rico shut most power generators on the island amid a dispute with LNG supplier, New Fortress Energy.
  • Shutdown of power units threatens outages during peak summer demand, as ten out of 14 units are affected.
  • Puerto Rico's energy czar deems New Fortress Energy's cancellation of LNG shipment 'unjustified'; power supply currently relies on more expensive fuel.
  • The dispute, escalating in recent weeks, involves millions owed by Puerto Rico to New Fortress Energy and concerns over a proposed $20 billion LNG supply deal.

Read Full Article

like

11 Likes

source image

HinduBusinessLine

5d

read

157

img
dot

Image Credit: HinduBusinessLine

Russia to import 1 million skilled Indian workers to fill industrial labour gap

  • Russia plans to import 1 million skilled workers from India by the end of the year to address the industrial labor shortage. This initiative includes the Sverdlovsk region and the opening of a new Consulate General in Yekaterinburg.
  • The migration of Indian workers aims to fill the shortage of highly qualified workforce in the Sverdlovsk region, known for its heavy industry and military-industrial complex, which faces a lack of skilled workers to meet production demands.
  • Besedin mentioned that apart from India, Russia is also considering inviting laborers from Sri Lanka and North Korea to address the workforce deficit, as the country anticipates a shortage of 3.1 million workers by 2030.
  • The Russian Ministry of Labour proposed increasing the quota for inviting qualified foreign workers in 2025 by 1.5 times to accommodate the industrial demands and address the looming workforce shortage.

Read Full Article

like

9 Likes

source image

Entrepreneurshiplife

5d

read

275

img
dot

Image Credit: Entrepreneurshiplife

When Thought Leadership Backfires on Company Reputations

  • Thought leadership is crucial for shaping a company's reputation by increasing visibility, demonstrating expertise, and building trust.
  • However, pursuing thought leadership without careful planning can backfire, leading to unintended damage, strained relationships, and reputational fallout.
  • Unchecked messaging can cause confusion, misrepresent the company's values, and alienate stakeholders, potentially harming the overall image.
  • Executives must ensure messaging clarity, legal compliance, and authenticity to avoid credibility issues, mistrust, and brand voice dilution.

Read Full Article

like

16 Likes

source image

Baystreet

5d

read

90

img
dot

Image Credit: Baystreet

Tight Oil Market Shrugs Off Supply Surge

  • Crude oil markets tighter than expected ready for OPEC+ supply boost.
  • Brent crude price rise after OPEC+ announcement signaling market tightness.
  • Global oil inventories not overflowing with demand peaking, risk of shortages.
  • OPEC outlook revised lower amidst physical realities of market tightness.

Read Full Article

like

5 Likes

source image

Bloomberg Quint

5d

read

176

img
dot

Image Credit: Bloomberg Quint

Stock Market Highlights: Nifty, Sensex Extend Losses On Weak Global Cues; Infosys, RIL Weigh

  • Indian benchmark equity indices extended losses for a fourth session amid global declines.
  • Nifty 50 closed 0.27% lower, while Sensex ended down by 0.3%.
  • Top gainers in Nifty 50 included Eternal Ltd., Titan Co., and Oil & Natural Gas Corp.
  • Infosys, Reliance Industries, and Larsen & Toubro weighed the most on the Nifty index.

Read Full Article

like

10 Likes

source image

Bloomberg Quint

5d

read

319

img
dot

Image Credit: Bloomberg Quint

Rupee Ends Lower Against Dollar As Tariff Jitters Weigh

  • The Indian Rupee closed weaker against the US Dollar on Monday, ending the session at Rs 85.99—down 19 paise from Friday’s closing rate.
  • The downward move in the rupee is attributed to renewed uncertainty in global trade dynamics, particularly with US President Donald Trump announcing a fresh 30% tariff on imports from the European Union and Mexico.
  • Negotiations over possible tariff implications on Indian exports are ongoing, putting pressure on the rupee until talks conclude.
  • Foreign fund outflows and strong US job data have further strengthened the dollar, limiting room for rupee recovery in the immediate term.

Read Full Article

like

19 Likes

source image

HinduBusinessLine

5d

read

389

img
dot

Image Credit: HinduBusinessLine

Rupee falls 22 paise to settle at 86.02 against US dollar

  • The Indian rupee depreciated by 22 paise to settle at 86.02 against the US dollar due to foreign fund outflows and lack of progress in the India-US trade deal.
  • The rupee opened at 85.96, traded between 85.92 and 86.05, before closing at 86.02, down from its previous close of 85.80.
  • The dollar index rose slightly to 97.82, impacting the rupee's performance, while Brent crude oil prices surged to $71.46 per barrel.
  • Despite efforts by the RBI to support the rupee and FPIs selling equities, the currency remained stable. The Indian commerce ministry team is in Washington for trade talks.

Read Full Article

like

23 Likes

source image

Moneyweb

5d

read

360

img
dot

Regional management changes at BAT

  • JSE-listed cigarette manufacturer British American Tobacco (BAT) announces changes to its management board.
  • Michael Dijanosic, current regional director of Asia Pacific, Middle East and Africa (Apmea), will step down from his role and the management board on 31 December 2025.
  • Pascale Meulemeester will join BAT on 1 September 2025 as regional director designate of Apmea, and from 1 January 2026, he will officially become the regional director of Apmea and a member of the management board.
  • BAT CEO Tadeu Marroco expresses gratitude to Dijanosic and welcomes Meulemeester, expecting the new appointment to bring external insight to the Apmea region.

Read Full Article

like

21 Likes

source image

Bloomberg Quint

5d

read

106

img
dot

Image Credit: Bloomberg Quint

Retail Inflation Eases To 2.1% In June, Lowest In Six And A Half Years

  • India's retail inflation fell to 2.1% in June, the lowest since January 2019, primarily due to a drop in food prices.
  • The consumer price index-based inflation decreased from 2.82% in May to 2.1% in June, lower than economist estimates of 2.3%.
  • Food and beverage prices fell by 0.2% in June, led by a significant decline in vegetable inflation and pulses category.
  • Both urban and rural inflation declined in June, with experts predicting that the full-year CPI inflation is likely to undershoot RBI's estimate, potentially leading to another rate cut post-monsoon.

Read Full Article

like

6 Likes

source image

HinduBusinessLine

5d

read

5.9k

img
dot

Image Credit: HinduBusinessLine

Nifty Prediction Today – July 14, 2025: Nifty 50 July Futures: Likely to fall more. Go short now and on rise

  • Nifty 50 index supported near 25,000 and facing resistance at 25,160. A break above 25,160 could lead to levels of 25,250-25,300, while failure to breach may push Nifty towards 25,000 and potentially to 24,900-24,800.
  • The Nifty 50 July Futures are down 0.18% at 25,177 with a negative bias. Resistance for the futures contract is at 25,230-25,260, and it could decline to 25,020-24,980. A significant rise above 25,260 is necessary for a relief rally towards 25,400.
  • Traders are advised to short at 25,177 and add more shorts at 25,210 with a stop-loss at 25,270. Sequentially adjust stop-loss levels as the contract price changes and exit the shorts at 25,040.

Read Full Article

like

27 Likes

source image

HinduBusinessLine

5d

read

713

img
dot

Image Credit: HinduBusinessLine

India participates in Australia's largest bilateral military exercise, Talisman Sabre, for first time

  • India participated in Australia's largest bilateral military exercise, Talisman Sabre, for the first time.
  • A total of 19 nations, including the US and 16 partner nations and two observer nations, are participating in the exercise.
  • Exercise Talisman Sabre 2025 is the 11th iteration of the largest warfighting exercise held in Australia involving over 35,000 military personnel.
  • The exercise includes live-fire exercises, field training activities, amphibious landings, ground force maneuvers, and air combat and maritime operations, showcasing new Australian Defence Force capabilities.

Read Full Article

like

18 Likes

source image

Bloomberg Quint

5d

read

590

img
dot

Image Credit: Bloomberg Quint

Legendary Actor B Saroja Devi Dies At 87

  • Legendary South Indian actor B Saroja Devi passed away at the age of 87 in Bengaluru due to age-related ailments.
  • Saroja Devi was known as the first female superstar of Kannada cinema and received her first break in the Kannada film 'Mahakavi Kalidasa' in 1955.
  • She won a National Award for her performance in her debut film and became a popular actress in Tamil cinema with movies like 'Nadodi Mannan'.
  • Despite marrying in 1967, Saroja Devi remained a sought-after actress, especially in the Tamil film industry, earning her the title 'Abhinaya Saraswathi'.

Read Full Article

like

10 Likes

source image

Moneyweb

5d

read

797

img
dot

Futures fall on tariffs, bitcoin hits $120 000: Markets wrap

  • Equity-index futures retreat as Trump imposes tariffs on EU and Mexico goods.
  • Asian shares cautious, silver near 2011 high, Bitcoin surpasses $120,000 for first time.
  • Yen rises as markets uncertain about US tariff impact, EU preparing for higher levies.
  • Deutsche Bank warns of risks if Trump dismisses Fed Chair Powell, economic data awaited.

Read Full Article

like

6 Likes

source image

HinduBusinessLine

5d

read

1.6k

img
dot

Image Credit: HinduBusinessLine

India set to hit $10 trillion GDP by 2035, with GCCs adding $0.5 trillion: Goldman Sachs

  • Goldman Sachs executive predicts India to become a $10 trillion economy by 2035, citing demographic advantages and technological capabilities.
  • Global Capacity Centres (GCCs) are expected to drive a significant portion of India's office space absorption by 2025, reflecting a shift towards innovation and digital transformation.
  • Artificial Intelligence is highlighted as a major disruptor with substantial growth potential, projected to exceed $4.92 trillion in global technology spending by 2025.
  • India's positioning in the evolving global economic landscape is seen as advantageous, with GCCs and startups offering career growth opportunities and attracting talent with competitive pay.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app