Business
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Indian share market opens lower, prepares to move into New Year with caution
Mumbai: The domestic benchmark indices opened lower on Tuesday as selling was seen in IT, realty, auto, financial service, FMCG, media and private bank sectors on Nifty. At around 9:25 am, Sensex…
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Andhra Pradesh to attract Rs 1.82 lakh crore investment
Amaravati: Andhra Pradesh State Investment Promotion Board (SIPB) on Monday cleared nine projects to come up in the state with an investment of over Rs 1.82 lakh crore. The SIPB meeting chaired…
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RBI directs banks to let remitters verify account name before RTGS, NEFT transfers
Mumbai: The Reserve Bank of India (RBI) on Monday directed all banks to put in place a facility to enable a remitter to verify the beneficiary bank account name before initiating a…
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Indian insurance sector sees 62pc surge in female salespersons in FY24: Report
Mumbai: India’s insurance sector, traditionally dominated by men, has in FY24 witnessed a 62 per cent rise in active female Point of Salespersons (POSPs), compared to the previous year, according to a…
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Adani Enterprises Ltd’s share jumps over 7 per cent
Mumbai: The share of Adani Enterprises Limited (AEL) registered a sharp jump on Monday, closing 7.26 per cent up or Rs 175.05 at Rs 2,585 apiece. The company’s stock reached an intra-day…
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Gold rises Rs 150 to Rs 79,350 per 10 gms; silver rules flat
New Delhi: Gold prices rose Rs 150 to Rs 79,350 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. Traders said the potential for upside…
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ED names Russian man behind 800 crore OctaFX scam
The Enforcement Directorate (ED) has named a Russian national Pavel Prozorov as the principal accused in the operations of OctaFx. This forex trading platform allegedly defrauded Indian investors with Rs 800 crore.…
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Adani-backed Dharavi Redevelopment Project changes name to Navbharat Mega Developers
Mumbai: Dharavi Redevelopment Project Pvt Ltd (DRPPL), the Adani-backed company undertaking the ambitious plan of revamping Dharavi slums, is rebranding itself in line with the company’s “promise of building a modern, inclusive…
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Market Outlook: PMI, auto sales and global economic cues key triggers for next week
Mumbai: The market outlook for next week will be guided by the major domestic and global economic data such as India’s Current Account Q3, India Bank Loan Growth, HSBC Manufacturing PMI of…
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Aadhaar authentication must in exams for Group A, B in Haryana: Cabinet
Chandigarh: The Haryana Cabinet, presided over by Chief Minister Nayab Singh Saini, on Saturday approved the use of Aadhaar authentication services for candidates appearing in examinations for Group A and B posts…
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75 iconic lighthouses in India saw more than 10L visitors till September
New Delhi: The 75 iconic lighthouses in the country saw more than 10 lakh visitors in FY25 (till September), the government said on Friday. These 75 iconic lighthouses have been developed with…
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Raghuram Rajan remembers Manmohan Singh as visionary economist with integrity
New Delhi: Former Prime Minister Manmohan Singh was a brilliant economist with a visionary outlook on India’s potential, combined with a fine sense of political feasibility, former RBI Governor Raghuram Rajan said…
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Rupee falls to hit new record low against US dollar
Mumbai: The rupee slid for the fourth straight session, depreciating 8 paise to hit a new all-time low of 85.35 against the US dollar in early trade on Friday due to strengthening…
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Markets trade higher in early trade on buying in bank stocks, rally in Asian peers
Mumbai: Benchmark indices Sensex and Nifty climbed in early trade on Friday amid buying in bank stocks and a largely firm trend in the Asian markets. The 30-share BSE benchmark Sensex climbed…
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Manmohan Singh: Architect of 1991 reforms and new economic era
New Delhi: Manmohan Singh, who is credited with successfully anchoring the sinking ship of the Indian economy by ushering in bold economic reforms under Prime Minister P V Narasimha Rao, died at…