Business
Latest Business stories, updates and news from Himachal Pradesh.
Latest news and features
-
Government Exempts Excise Duty on Higher Ethanol Blended Petrol (22-30%)
The central government has exempted excise duty on petrol blended with 22% to 30% ethanol, aiming to promote biofuels and avoid dual…
-
Oppenheimer Initiates SpaceX Coverage with Bullish $190 Target Ahead of IPO
Oppenheimer has become the first global brokerage to initiate coverage of SpaceX, issuing an outperform rating and a $190 price target ahead…
-
ECB Hikes Interest Rate by 25 bps for First Time Since 2023 Amid Iran War Inflation
The European Central Bank has raised its benchmark interest rate by 25 basis points to 2.25%, the first hike since 2023, to…
-
US Stocks Edge Higher as Chip Stocks Rebound, Middle East Tensions Rise
US stock markets inched higher on Thursday, driven by a rebound in beaten-down technology stocks, as investors kept a close watch on…
-
SpaceX IPO Attracts Over $70 Billion from Retail Investors Ahead of Record Market Debut
Elon Musk's SpaceX has secured over $70 billion in orders from retail investors ahead of its stock market debut, with shares priced…
-
Sebi Proposes Common Price-Band Mechanism for Stocks Listed on Multiple Exchanges
Capital markets regulator Sebi has proposed a new mechanism to harmonise price bands and pre-open auction prices for stocks listed on multiple…
-
Oracle shares plunge 12% on massive AI spending, debt plans
Oracle shares tumbled 12% on Thursday as investors reacted to the company's massive spending plans for AI infrastructure, including $70 billion in…
-
Goldman Sachs, Mutual Funds Buy Stake in GNG Electronics in Rs 175 Crore Block Deal
GNG Electronics saw a Rs 175 crore block deal where multiple domestic mutual funds and foreign investors, including Goldman Sachs, acquired shares.…
-
OPEC Cuts 2026 Global Oil Demand Growth Forecast Again to 970,000 bpd
OPEC has revised down its 2026 global oil demand growth forecast to 970,000 barrels per day, marking the second consecutive reduction. The…