India has firmly rejected claims made by US President Donald Trump that trade played a pivotal role in truce talks with Pakistan. While the US President has claimed that “nobody uses trade like him,” New Delhi has said that there was no reference of business during the talks. Sources told CNBC-TV18 that on multiple occasions, when the US officials reached out to New Delhi, there was no mention...

In his first address to the country after Operation Sindoor, Prime Minister Narendra Modi on May 12 said India is a country of peace but it will hit back and hit back hard if Pakistan tries another misadventure.The fact that he chose to speak on Buddha Purnima, the day Buddha was born, and invoked his message of peace while spelling out the new red lines for the neighboring country, was heavy on s...

Shares of mobile services and digital payment platform Paytm tumbled nearly 3 percent on May 13 after a large block of 1.7 crore shares (4.1 percent of equity) reportedly took place, with Alibaba Group's subsidiary Antfin being the likely seller.Antfin, the second largest shareholder in One 97 Communications with a stake of 9.85 percent, sought to offload a 4 percent stake in fintech, according to...

The domestic equity benchmarks declined sharply by over 1 percent on April 13 after Monday's mega rally amid profit-booking by the investors.The Sensex declined 961.08 points or 1.16 percent to hit an intraday low of 81,546.38, while the broader Nifty was down 249.1 points or 0.99 percent to 24,675.60.ETERNAL, Infosys, Hindalco Industries, Power Grid Corporation of India, and HCL Technologies were...

Cochin Shipyard share price extended gains on third day, rising 2 percent in the opening trade on May 13 following collaboration with Drydocks World to boost India’s ship repair and offshore fabrication capabilities.At 09:22am, Cochin Shipyard was quoting at Rs 1,556.65, up Rs 35.60, or 2.34 percent, on the BSE.The partnership aims to bring global best practices to India’s maritime sector and ...