Business News: Economy & Markets

Global banks scaling down operations in Bangladesh: Report

IANS | November 9, 2026 1:48 PM

New Delhi, Nov 9 (IANS) Standard Chartered Bank’s announcement that it plans to sell its retail banking business in Bangladesh, following HSBC’s earlier decision to wind down its retail banking operations, raises the questions of whether global banks are losing confidence in the country’s Bangladeshi market, according to an article in Dhaka-based Prothomalo.com news portal.

President Droupadi Murmu to honour cleanest cities at ‘Swachh Survekshan’ event

IANS | November 9, 2026 1:40 PM

New Delhi, Nov 9 (IANS) President Droupadi Murmu is set to confer awards across various categories at the 10th edition of the ‘Swachh Survekshan’ to honour cleanest cities in the country, an official statement said on Monday.

L&T bags Rs 2,500 crore deal to extend Noida Metro Aqua Line

IANS | November 9, 2026 1:25 PM

New Delhi, Nov 9 (IANS) Construction and engineering giant Larsen & Toubro (L&T) announced on Monday that its Heavy Civil Infrastructure business has secured a “significant” order worth up to Rs 2,500 crore from Noida Metro Rail Corporation Limited for the Noida Metro Aqua Line extension project.

Gold, silver rally up to 2 pc as softer crude, US dollar support bullion

IANS | November 9, 2026 1:22 PM

New Delhi, Nov 9 (IANS) Gold and silver prices rallied up to 2 pc on Monday, supported by softer crude oil prices, a retreat in the US dollar and improving investor sentiment.

China extends suspension of 24 pc tariffs on US imports, port fees

IANS | November 9, 2026 12:45 PM

New Delhi, Nov 9 (IANS) China has extended the suspension of an additional 24 per cent tariff on imports from the United States for two months and prolonged the suspension of special port fees on US-linked vessels, while maintaining the existing 10 per cent tariff on affected goods.

Cancer drug prices slashed by up to 96.45 pc; annual consumer savings pegged at Rs 3,540 crore: Govt

IANS | November 9, 2026 12:35 PM

New Delhi, Nov 9 (IANS) The government on Monday said revised prices of 1,364 anti-cancer drug formulations have come into effect, with consumers expected to save an estimated Rs 3,540.38 crore annually following a cap on trade margins for 137 anti-cancer drugs.

Nifty may hit 28,000 by end of 2027 on strong earnings, slower global AI capex: Report

IANS | November 9, 2026 11:57 AM

New Delhi, Nov 9 (IANS) India's equity benchmark Nifty 50 may hit the 28,000 mark by the end of 2027, implying an upside of about 12 per cent from its last close of 24,986.4, supported by a strong earnings outlook, lower oil prices and the prospect of slower global artificial intelligence-related capital expenditure, a report has said.

Rupee gains 25 paise against US dollar on lower crude, positive global cues

IANS | November 9, 2026 11:52 AM

New Delhi, Nov 9 (IANS) The Indian rupee appreciated by 25 paise to 93.68 against the US dollar in early trade on Monday, amid a decline in crude oil prices, improving foreign fund inflows, and hopes of de-escalation in West Asia.

CAIT to hold national meet on Nov 13, seeks designated protest sites outside cities

IANS | November 9, 2026 11:11 AM

New Delhi, Nov 9 (IANS) The Confederation of All India Traders (CAIT) will hold a national meeting of senior trade leaders from across the country in the national capital on November 13 to deliberate on protecting businesses from disruptions caused by protests and agitations and formulate a coordinated strategy to safeguard traders’ livelihoods.

E20 petrol samples in Karnataka record up to 19.9 pc ethanol: OMCs

IANS | November 9, 2026 10:36 AM

New Delhi, Nov 9 (IANS) State-owned oil marketing companies (OMCs), including Bharat Petroleum Corporation Ltd (BPCL), on Monday reaffirmed the quality of E20 petrol amid allegations of excessive ethanol blending in Karnataka citing a test conducted in the presence of customers that recorded 19.9 per cent ethanol in a petrol sample.

business

Global banks scaling down operations in Bangladesh: Report

President Droupadi Murmu to honour cleanest cities at ‘Swachh Survekshan’ event

L&T bags Rs 2,500 crore deal to extend Noida Metro Aqua Line

Gold, silver rally up to 2 pc as softer crude, US dollar support bullion

China extends suspension of 24 pc tariffs on US imports, port fees

Cancer drug prices slashed by up to 96.45 pc; annual consumer savings pegged at Rs 3,540 crore: Govt

Nifty may hit 28,000 by end of 2027 on strong earnings, slower global AI capex: Report

Rupee gains 25 paise against US dollar on lower crude, positive global cues

CAIT to hold national meet on Nov 13, seeks designated protest sites outside cities

E20 petrol samples in Karnataka record up to 19.9 pc ethanol: OMCs

LATEST NEWS

Indian-American astronaut Sunita Williams honoured as Grand Marshal of New York Veterans Parade

Trump seeks ‘total victory’ over Iran

Sohail Khan feels fortunate to be born as Salim Khan’s son

Kumar Sanu reveals how he deals with fear

When Hrithik Roshan revealed how he salvaged his good shots in editing of his debut film ‘Kaho Naa... Pyaar Hai’

Pankaj Tripathi says he has almost mastered the art of controlling his external self

Nick Cannon says that creating group chat with mothers of his children wasn’t the best idea

Youth Olympics: Boxer Gunjan continues on golden path, reaches women's 48kg final

'To a lifetime together': Arshdeep Singh announces engagement to Samreen Kaur

India's net direct tax collections surge 11.8 pc to Rs 14.42 lakh crore this fiscal to date