Business

[ad_1] The grey market price is only 6% above Rs 390 listing price of Swiggy IPO. Traders will be hoping that the festival of lights revives the bullish streak in stocks. Nifty is set for its worst monthly drop in over four years amid record selling by foreigners in October. Indian markets are shut on…

[ad_1] NEW DELHI: Japan’s Suzuki, that controls the country’s biggest carmaker Maruti, will be supplying its India-made electric to compatriot Toyota for global markets as the two companies broaden their arrangement beyond sharing of petrol products.The two companies, which are already doing cross-badging of certain models in India, are now stretching the arrangement to EVs…

[ad_1] The US economy expanded at a robust pace in the third quarter as household purchases accelerated ahead of the election and the federal govt ramped up defence spending. Inflation-adjusted GDP increased at 2.8% annualised after rising 3% in the previous quarter, according to govt’s initial estimate.Consumer spending, which comprises the largest share of economic…

[ad_1] Chancellor of the exchequer Rachel Reeves said she was raising UK taxes by 40 billion pounds ($51.8 billion) and set out plans to ramp up borrowing to invest, to cover a fiscal hole she said was left by the previous Conservative govt and to deliver on her Labour Party‘s election promise to begin a…

[ad_1] NEW DELHI: Growth in the country’s core sector staged a comeback in September as five of the eight sectors, led by cement, displayed strength during the month after contracting to a 42-month low in Aug.Data released by the commerce and industry ministry on Wednesday showed the eight core sectors, spanning coal, crude oil, natural…

[ad_1] BENGALURU: Bengaluru-based Meesho, which competes against giants such as Amazon India and Flipkart, on Wednesday said it has become the first horizontal ecommerce company in the country to generate positive free cash flow at Rs 232 crore in the financial year ended March 2024. Operational revenues grew by 33% to Rs 7,615 crore. Adjusted…

[ad_1] MUMBAI: Inside Hindustan Unilever‘s headquarters in Mumbai, a section of the research and development team is busy studying consumer trends and drawing up ideas on the next set of products that the company should push into retail shelves to cater to changing consumer tastes. As Indians become discerning and selective in terms of the…

[ad_1] WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – did slow slightly from its 3%…

[ad_1] Mumbai: Coca-Cola is planning to slash the price of its 400 ml PET bottles to Rs 20 from Rs 25 earlier, distributor sources told TOI. The revised prices are likely to be implemented in a week at least in the Southern markets of Tamil Nadu, Karnataka and Kerala. Coca-Cola did not respond to queries….

[ad_1] New Delhi: The country’s biggest carmaker Maruti Suzuki said on Tuesday that high prices of vehicles are impacting demand, with a crushing effect on the big volume sub-Rs 10 lakh category.Maruti chairman RC Bhargava said while small cars continue to wait for a revival, other categories reel under high prices. “Affordability of cars is…