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Markets extend losses for 4th day, hit 8-month lows

Business Standard

|

February 22, 2025

In Downtrend Nifty 50 at the lowest since June 4, 2024

- SUNDAR SETHURAMAN

Benchmark indices recorded their fourth consecutive session of decline, closing at their lowest levels in eight months due to concerns over the impact of US President Donald Trump's tariff threats. The Sensex ended the session at 75,311, down 425 points or 0.6 per cent, while the Nifty closed at 22,796, down 117 points or 0.5 per cent.

For the Sensex, Friday's close was the lowest since June 6, 2024, and for the Nifty, it was the lowest since June 4, 2024. Both indices posted their second consecutive weekly loss, with the Sensex declining by 0.8 per cent and the Nifty by 0.6 per cent during the week.

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Business Standard

Bosses try bonus pools to calm AI- wary workers

Companies are betting that bonuses will persuade their employees to use artificial intelligence at work.

time to read

1 mins

December 03, 2025

Business Standard

WHO issues first-ever norms for GLP-1 drugs

The World Health Organization (WHO) has come out with guidelines on the use of glucagon-like peptide-1 (GLP-1) agonist drugs, whose consumption in obesity management has skyrocketed across the world.

time to read

1 min

December 03, 2025

Business Standard

Equitas SFB looking to offload ₹352 crore bad loans to ARCs

Chennai-based Equitas Small Finance Bank (SFB) is looking to sell ₹352 crore of stressed, secured retail loans in two tranches through open auctions to asset reconstruction companies (ARCs) on December 8 and December 16.

time to read

1 min

December 03, 2025

Business Standard

India to induct N-powered submarine soon: Navy chief

India will commission the nuclear-powered ballistic missile submarine INS Aridhaman soon, Indian Navy chief Admiral Dinesh Tripathi said at a news conference in New Delhi on Tuesday.

time to read

2 mins

December 03, 2025

Business Standard

India, Russia eye trade boost

Peskov said addressing India’s concerns over a massive trade deficit, cooperation on small modular nuclear reactors, and the expansion of defence and energy ties could all feature prominently in Friday’s summit talks.

time to read

2 mins

December 03, 2025

Business Standard

India is a crown jewel for us: Binance APAC head

Despite regulatory challenges, India has emerged as the world’s fastest-growing cryptocurrency market. Binance — which registered with India’s Financial Intelligence Unit (FIU) last year — sees the country as a “crown jewel”. S B Seker, head of Asia Pacific (APAC) at Binance, in an interview with Peerzada Abrar in Bengaluru, discusses the firm's strategy for navigating India’s hazy licensing framework and competing with local exchanges. Edited excerpts.

time to read

3 mins

December 03, 2025

Business Standard

China issues first batch of streamlined rare earth export licences

China has issued the first batch of new rare earth export licences that should accelerate shipments to certain customers, a source said on Tuesday, fulfilling a key outcome of the summit between Presidents Donald Trump and Xi Jinping.

time to read

1 min

December 03, 2025

Business Standard

Feeling ignored in a family will? Here’s how inheritance law sees it

Inheritance disputes can be emotionally draining, especially when a will seems unfair, incomplete or influenced by someone else.

time to read

1 min

December 03, 2025

Business Standard

Business Standard

RBI policy in a season of contradictions

Inflation is at an all-time low, the trade deficit at an all-time high, and growth above the aspirational 8 per cent.

time to read

2 mins

December 03, 2025

Business Standard

‘Indian entrepreneurs need to think global to meet customer needs’

Last week, Anant Goenka, vice chairman of the RPG group, took over as the president of the Federation of Indian Chambers of Commerce and Industry (Ficci).

time to read

4 mins

December 03, 2025

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