Business

October 12, 2026 4:18 PM

Stock markets tumble on oil price spike, foreign fund outflows; Sensex drops

Benchmark stock index Sensex dropped by nearly 548 points on Monday as a fresh spike in crude oil prices, unabated foreign fund outflows and rising bond yields dented investors' sentiment. Erasing opening gains, the 30-share BSE Sensex tanked 547.65 points, or 0.76 per cent, to settle at 71,924.68....

October 12, 2026 4:03 PM

India can become global car manufacturing hub: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Monday expressed confidence that India would emerge as a global hub for car manufacturing, while calling for an approach that combines access to advanced international technologies with employment and business opportunities. Addressing “Dilli D...

October 12, 2026 4:12 PM

‘Loan in 5 Minutes’ Offers Can Ruin Lives: Beware of Fake Apps

As digital lending grows in India, the threat posed by fake loan apps is also increasing. Apps claiming to offer loans within minutes without documentation can lure people into a trap with promises of easy money. They may be used not only for financial fraud but also to obtain personal data, blackma...

October 12, 2026 2:26 PM

India Plans Triple Steel Capacity by 2047

India envisages a near threefold expansion in crude steelmaking capacity to 604 million tonnes by 2047 and raise finished steel demand to 505 million tonnes, while reducing dependence on imported coking coal, according to the draft National Steel Policy – Vision 2047. The policy framework projects...

October 12, 2026 9:59 AM

Shares seesaw in Asia as earnings loom, oil skids

Stock markets got off to an erratic start on Monday as earnings season loomed, while oil slipped amid confusion over whether Russia would, or could, increase energy exports. While the conflict in the Gulf continued with strikes on shipping and airports, President Donald Trump's announcement of an e...

October 12, 2026 9:58 AM

Stock markets open higher amid easing oil prices

Benchmark indices Sensex and Nifty climbed in early trade on Monday, extending their previous session's sharp rally, amid easing oil prices. The 30-share BSE Sensex rallied 178 points to 72,627.86 in early trade. The 50-share NSE Nifty climbed 76.20 points to 22,591.45. From the 30 Sensex firms, B...