Business
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RBI may cut interest rate by 25 bps on Friday
Mumbai: The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely…
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IPO pipeline swells; 2 dozen companies line up Rs 40,000-cr public offers in Dec-Jan
New Delhi: The IPO momentum shows no signs of slowing, with another two dozen companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, preparing to launch their public issues that could…
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Govt orders WhatsApp, Telegram, other apps to block access without active SIM
New Delhi: The Indian government has issued a major directive that could change how millions of people use popular messaging apps such as WhatsApp, Telegram, Signal, Snapchat, ShareChat, JioChat, Arattai, and Josh.…
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Govt polices effective in accelerating GDP growth: Experts
New Delhi: Experts on Friday lauded India’s robust economic growth in Q2 FY26, saying that the government polices — envisioned by Prime Minister Narendra Modi and his team — have been effective…
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RBI issues 7 new master directions on digital banking
Mumbai: The Reserve Bank on Friday issued seven new master directions on digital banking channels authorisation for regulated entities, including commercial banks and small finance banks. This is part of a massive…
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Rupee falls 9 paise to settle at 89.45 against US dollar
Mumbai: The rupee dropped 9 paise to settle at 89.45 against the US dollar on Friday, tracking a strong greenback and a rise in international crude oil prices. According to forex traders,…
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Nifty hits record high after 14 months; Sensex nears all-time peak
Mumbai: Stock market benchmark indices extended their previous day’s rally in early trade on Thursday, with the Nifty hitting its fresh record high amid favourable global trends on growing hopes of a…
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Sebi mulls relaxed framework for issuing duplicate securities certificates
New Delhi: In a bid to ease investor compliance and eliminate inconsistencies in documentation, Sebi has proposed doubling the monetary threshold for simplified documentation required to issue duplicate securities to Rs 10…
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Asian stocks climb after Wall Street rallies on hopes for lower interest rates
Bangkok: Asian shares and US futures advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. Tokyo’s Nikkei 225 jumped 2…
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UK’s Treasury chief set to raise taxes once again in her second budget
London: Following weeks of speculation, Britain’s unpopular Labour government will deliver its second budget later Wednesday since it returned to power in a landslide election victory in July 2024 after 14 years…
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US travel demand takes a hit; confident about long-term prospects: AI CEO
Gurugram: Air India has taken a hit in travel demand to the US due to various factors, including airspace curbs, but the situation is transitory, and the airline is very confident about…
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Over 90 pc of business surveyed see positive returns on AI investments: Report
New Delhi: Nearly 93 percent of Indian organisations surveyed expect positive returns on their AI investments in less than three years, underlining the rising confidence of businesses in the value and potential…
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Crude oil futures ease amid weak spot demand
New Delhi: Crude oil futures on Monday declined by Rs 2 to Rs 5,195 per barrel as participants trimmed their positions amid weak demand in the spot market. On the Multi Commodity…
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Stock markets rebound in early trade amid rally in IT counters, firm global trends
Mumbai: Benchmark indices Sensex and Nifty rebounded in early trade on Monday, driven by a rally in IT stocks and firm global market trends. The 30-share BSE Sensex climbed 218.44 points to…
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India will become world’s no: 1 economy by 2047, says CM Naidu
Puttaparthi: Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday said India will be the world’s number one economy by 2047, and Indians will be number one globally. Addressing the 44th convocation…
