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The Nifty gained 1.1% or 270.75 points to close at 24,484.05 while the Sensex advanced 1.1% or 901.5 points to close at 80,378.13.

Subscribe to enjoy similar stories. In a move to curb cheap Chinese steel imports and protect the domestic industry, the government is planning to bring additional steel products under the Bureau of Indian Standards (BIS) framework. The plan also involves expanding the classification of existing steel standards to prevent products with minor variations from escaping scrutiny during imports, two persons aware of the development said.

Subscribe to enjoy similar stories. Donald Trump on his return as US president is expected to broaden tariffs against Chinese imports to cover phones and laptops, boosting the Indian electronics manufacturing sector, according to the domestic industry bodies.

The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions e...

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Subscribe to enjoy similar stories. ‘Paisa Vasool’ isn't a phrase that rolls off the tongues of senior leaders of Czech premium carmaker Skoda Auto often. But at the launch of its first, made-for-India compact sports utility vehicle Kylaq, value for money and ‘paisa vasool’ were key phrases to emphasize how serious the brand was to crack the Indian mass market and shed the perception its cars were too pricey for the value-conscious buyer.

The steel-maker’s consolidated net profit for the quarter stood at Rs 860 crore, down from Rs 1,338 crore a year ago. Consolidated gross revenue was 8% lower on year at Rs 13,205 crore.

In relative terms, however, the rupee’s 0.2% decline through the day was modest in comparison with competing Asian monetary units where the US holds a disproportionate share in their respective merchandise exports. Thai Baht depreciated the most at 1.8%, while the Chinese Yuan slumped 1.2%.

Subscribe to enjoy similar stories. Mumbai: Donald Trump’s electoral comeback has prompted some crystal-gazing into what his second term as American president could mean for Indian employees and students aspiring to move to the US. After all, his electoral promises of more jobs for American citizens and tighter immigration controls were bound to cause some consternation.

Shashi Tharoor on Wednesday said there will be basic continuation of the India-US relationship with Donald Trump staging a comeback and noted that his being tough on China «is good for us». Tharoor, the chairperson of the Parliamentary Standing Committee on External Affairs and former minister of state for external affairs, also flagged concerns on immigration and trade with Trump coming to power and noted that the US leader has a «transactional attitude» on many matters.

Indian stock market, which was struggling amid FII outflows, disappointing Q2 results and valuation concerns, managed to throw out bears with the Sensex ending higher by over 900 points. Equity investors, who have historically had a liking for Republicans in Washington, cheered the mandate given to Trump amid hopes of tax cuts, increased government spending and deregulation.

Honda said its profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the Japanese automaker

Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms.

Tesla and SpaceX CEO Elon Musk recently shared how he maintains his calm. In a recent podcast interview, the world’s richest man disclosed that playing a video game helps him stay grounded. He’s not only a fan of the game but ranks in the top 20 players worldwide.

Donald Trump on Wednesday as he triumphed in a stunning US election victory over Kamala Harris.

Subscribe to enjoy similar stories. At Ojas Art, New Delhi, an Untitled work by Bristol-based artist Jethro Buck catches the eye. Through one canvas, he has brought the past and present of miniature painting together.

Subscribe to enjoy similar stories. Mumbai: The Indian rupee is expected to remain under pressure on the back of a strengthening US dollar as Donald Trump wins the presidential race, experts said, prompting the Reserve Bank of India (RBI) to curb volatility in the forex market. On Wednesday, the rupee hit a record low and was trading at 84.28 against the dollar.

Subscribe to enjoy similar stories. Donald Trump is set to get elected as 47th President of the US. Equity markets globally seem to be celebrating his return to the White House.

«It is not as if everyone will get impacted because there will be shifting channels, because he wants to put more tariffs towards China and some other countries, so some other countries might benefit,» says Vinod Karki, Head of Strategy, ICICI Securities. It seems like Trump will definitely win the US elections. So, how do you see that impacting the Indian markets? Which sectors could benefit out of this? Which sectors stand to lose the most because of this change in US presidential candidate? Vinod Karki: This will be some kind of change some kind of direction in the market, I guess because if you remember, we were looking at a rate cut cycle. If you observe the markets, the bond yields in the US have risen almost 80 bps from September lows, 3.6, and now it is around 4.4. So, it is clearly indicating that the policies of Trump will be kind of inflationary in the sense tariff hikes and immigration rules and the tax cuts. And in the previous tenure, the fiscal deficit in the US under Trump really rose because of his policies.