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'Valuations are very attractive, and most companies are cash-rich with strong dividend yields.' IMAGE: Kindly note that this image has been posted only for representational purposes. Photograph: ANI Photo "I would avoid cyclicals and…

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance. Photograph: Utpal Sarkar/ANI Photo Equity benchmark Sensex surged…

Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports. IMAGE: Tea plantation workers pick tea leaves in Assam. Photograph: ANI Photo   One of the jokes about Indo-Soviet relations…

India is looking to tap its diplomatic missions abroad to enable grain exporters in the country to ship out wheat and corn as supplies from Russia and Ukraine are expected to remain disrupted for some time to come. Photograph: Harish…

Investors' wealth on Tuesday jumped by over Rs 2.51 lakh crore, in tandem with a sharp recovery in equities after four days of heavy declines. Photograph: Utpal Sarkar/ANI Photo The 30-share BSE Sensex opened on a weak note and tumbled…

RBI Governor Shaktikanta Das on Tuesday launched a new service, which will enable over 40 crore feature phone users to undertake digital payments in a secure way. Photograph: ANI Photo The service christened UPI (unified payments…

Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past $100 a barrel. Photograph: ANI Photo International crude oil prices…

Market regulator Securities and Exchange Board of India (Sebi) in its investigation against Indiabulls Housing Finance has found the mortgage financier non-compliant with regards to unavailability of certain information on its website as…

The domestic aviation industry is expected to report a net loss of Rs 25,000-26,000 crore this fiscal with elevated jet fuel prices and fare caps continuing to pose a major challenge for the airlines' profitability, domestic rating agency…

In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339.85. The BSE Sensex surged 813 points to reclaim the 58,000-level while the Nifty breached…