Rupee gains 34 paise to close at 81.38 against US dollar
https://ift.tt/3lhW9cJ Mumbai, November 30 The rupee appreciated 34 paise to close at 81.38 (provisional) against the US dollar on Wednesda...
Sensex hits 63,000 mark for first time; Nifty ends at fresh lifetime
https://ift.tt/3lhW9cJ Mumbai, November 30 Benchmark BSE Sensex settled above the 63,000-level for the first time on Wednesday, extending i...
Budget 2023: Why FM Sitharaman should target reduction in fiscal deficit to GDP ratio
Union Budget 2023: Finance Minister Nirmala Sitharaman is well-placed to adhere to the budgeted fiscal deficit level of 6.4% of GDP, says EY...
Renowned businessman Vikram Kirloskar no more
Vikram Kirloskar, one of the country’s leading businessmen who is credited with getting Japanese auto giant Toyota to India, is no more. htt...
Fashion retailer HM to cut 1,500 jobs in cost saving drive
https://ift.tt/E197GxV Oslo, November 30 Swedish fashion retailer Hamp;M will cut some 1,500 jobs as part of its cost cutting drive and boo...
Bond yields rise marginally tracking oil, US yields; growth data eyed
Indian government bond yields were slightly higher on Wednesday, tracking a reversal in oil prices and US yields, while market participants ...
Gold firms on softer dollar as traders eye Powell's speech
Gold prices edged up on Wednesday, aided by a dip in the dollar, with investors largely focusing on Federal Reserve chair Jerome Powell'...
Sensex, Nifty settle at fresh lifetime highs; maintain winning momentum for 6th day
https://ift.tt/E197GxV Mumbai, November 29 The Sensex and Nifty ended at fresh lifetime peaks on Tuesday amid a largely firm trend in other...
Tatas, Singapore Airlines to merge Vistara into Air India by March 2024
Tata Sons and Singapore Airlines (SIA) on Tuesday announced that they will merge Vistara into Air India, with a target to complete the proce...
Reserve Bank of India to begin digital rupee pilot from December 1
https://ift.tt/E197GxV New Delhi, November 29 The Reserve Bank of India (RBI) on Tuesday announced the pilot launch of digital rupee from D...
Global yield curve inverts in signal a recession is brewing
The inversion of the yield curve is typically seen to herald a recession, as investors switch money to longer-term bonds due to pessimism ov...
Month-end flows, bets on rupee's gain lift cash dollar demand: Report
This demand has pushed the USD/INR cash swap rate to levels below those implied by the rupee and dollar overnight rates. https://ift.tt/3XSR...
Most markets rise as China fears give way to Covid easing hopes
The gains were led by a rally in Hong Kong and Shanghai, with property firms enjoying a much-needed surge on the back of moves to ease fundi...
Oil jumps on hopes for easing in China's Covid controls
Brent crude futures advanced $1.4, or 1.7%, and traded at $84.57 a barrel at 0645 GMT. US West Texas Intermediate (WTI) crude futures rose $...
Gold gains on dollar dip; Fed policy cues remain key
Gold prices rose on Tuesday, helped by a softer dollar, while market participants awaited more clarity on the US Federal Reserve's rate ...
SP cuts India's growth forecast to 7% for FY23
https://ift.tt/FL3p7fP New Delhi, November 28 Samp;P Global Ratings on Monday cut India's economic growth forecast for current fiscal y...
Pak stocks crash after sudden interest rate hike to highest since 1999
https://ift.tt/FL3p7fP IANS Islamabad, November 28 The Pakistan Stock Exchange (PSX) crashed at the opening bell on Monday in reaction to ...
S&P cuts India's economic growth forecast to 7% for FY23
India's wholesale and retail inflation fell in October after remaining high for most part of the year mainly due to supply chain disrupt...
Foxconn offers $1,800 bonus to workers who stay in iPhone city
The unusually generous bonus reflects Foxconn’s urgent need to get assembly lines back up to full speed after a month of dealing with Covid ...
‘Desire to travel among Indians never waned’
The pandemic has taken a backseat. The world is travelling again. Booking. com’s Asia-Pacific MD Laura Houldsworth outlines the firm’s plans...
Moderate rate tightening: Industry to RBI
The Confederation of Indian Industry (CII) has asked the RBI to moderate its pace of monetary tightening as India is not immune to the globa...
M-cap of nine of top 10 firms climbs Rs 79,798 cr; TCS, Infosys biggest winners
https://ift.tt/lUm8YrO New Delhi, November 27 Nine of the top 10 valued firms together added Rs 79,798.3 crore in market valuation last wee...
RBI bars Paytm from onboarding online merchants
The RBI has asked Paytm Payment Services (PPSL), a 100% subsidiary of parent company One97 Communications, to not onboard any new online mer...
AAI may lose 3 floors to pave way for 4th runway at IGI Airport
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10 trade unions boycott finance ministry's virtual pre-budget consultations, demand physical meeting
A joint forum of ten central trade unions has decided to boycott the virtual pre-budget consultation with finance minister Nirmala Sitharama...
Adani Group seeks to expand power distribution in Mumbai with Rs 5,700 crore bet
https://ift.tt/lUm8YrO Mumbai, November 26 Betting big on the emerging opportunity amid growing power consumption in the periphery of Mumba...
Takeover of NDTV a ‘responsibility’, says India’s richest man Gautam Adani
https://ift.tt/sUEe7Ph November 25 Indian billionaire Gautam Adani sees the takeover of news broadcaster New Delhi Television Ltd (NDTV) as...
Sensex, Nifty scale fresh lifetime highs as Reliance, Wipro advance
Benchmark sensex and Nifty advanced further to settle at record highs for the second day in a row on Friday, helped by intense buying in ind...
Jio starts 5G services across all district headquarters in Gujarat
https://ift.tt/ToHE8GV New Delhi, November 25 Telecom major Jio has rolled out 5G service across all 33 district headquarters of Gujarat un...
Takeover of NDTV a 'responsibility', says Adani: Report
Billionaire Gautam Adani sees the takeover of news broadcaster New Delhi Television Ltd (NDTV) as a "responsibility" rather than a...
'India seeks to use global energy challenge as opportunity'
India, the world's third biggest oil import, hopes to convert the current global oil challenges from the Ukraine crisis into an opportun...
Twitter to launch blue check subscription next week; gold check for companies, grey check for governments, blue for individuals
https://ift.tt/ToHE8GV Reuters November 25 Twitter will tentatively launch its blue check subscription feature next Friday, Chief Executiv...
Govt fixes Rs 7,409 crore indicative value for ‘The Ashok’ hotel under NMP
https://ift.tt/ToHE8GV New Delhi, November 24 The government has fixed an indicative value for Delhi's iconic 'The Ashok' hotel...
UIDAI asks state govts, entities to verify Aadhaar before accepting
The UIDAI said it maintains that verification of the Aadhaar number following the consent of the Aadhaar holder is the right step to establi...
Rupee firms as signs of Fed slowdown boosts risk appetite
The Indian rupee edged higher as the dollar index tumbled on positive risk sentiment after minutes of the US Federal Reserve's November ...
Sensex hits record high, Nifty jumps 216 points amid firm global equities
https://ift.tt/ToHE8GV Mumbai, November 24 Equity benchmark BSE Sensex closed at an all-time high of 62,272.68 on Thursday, tracking a firm...
SBI warns customers against instant loan apps
https://ift.tt/ToHE8GV IANS New Delhi, November 24 The country's largest lender, State Bank of India (SBI) has warned customers agains...
Paytm’s 75% slump is world’s worst for large IPOs in a decade
One 97 Communications, the operator of India’s largest digital-payments provider known as Paytm, has capped the worst first-year share plung...
Foxconn confirms 'violence' at China iPhone factory
oxconn confirmed Wednesday an outbreak of "violence" at its vast plant in central China, after footage emerged of workers clashing...
DGCA asks flying schools to install high-resolution cameras
In a bid to make pilot training safer and improve the quality of the same in India, the Directorate General of Civil Aviation (DGCA) has mad...
Air India announces new flights to 6 destinations in USA, Europe
https://ift.tt/RNf6sLU New Delhi, November 23 Air India on Wednesday announced the strengthening and expansion of its global footprint with...
UAE entry rule change: ‘Single name people to be deemed inadmissible’
Single name passengers will not be allowed entry into the UAE any longer, according to an advisory issued by Air India and AI Express based ...
Air India to launch flights to 6 destinations in US, Europe
Air India on Wednesday set forth its global expansion plans announcing the launch of new flights connecting Mumbai with New York, Paris and ...
Adani Group’s cash generation ability underappreciated, M&G says
“The businesses Adani is incubating and operating in -- ports, airports, rail, logistics -- they are real businesses that generate cash,” Vi...
Paytm slumps as Macquarie sees risk from Ambani's financial foray
Shares of One 97 Communications, the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macqua...
High rates and inflation to slow world growth: OECD forecast
https://ift.tt/1id5nX3 Washington, November 22 Hobbled by high interest rates, punishing inflation and Russia's war against Ukraine, th...
Big boost to IT sector as Australia clears landmark trade deal with India
In a landmark agreement, a free trade pact between India and Australia was passed on Tuesday, Union minister Piyush Goyal said. The FTA has ...
Markets bounce back after 3 days of fall; Sensex climbs 274 points
https://ift.tt/1id5nX3 Mumbai, November 22 Equity benchmarks ended with gains on Tuesday after falling for the past three days amid buying ...
Budget 2023: Top ideas for FM from TOI Economists' Survey
India Budget 2023: Economists and experts are of the view that FM Sitharaman should continue to push for capital expenditure to aid growth, ...
S&P upgrades Axis Bank rating on improving asset quality
S&P Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender...
Qatar signs world's 'longest' gas supply deal with China
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Amazon founder Jeff Bezos warns of recession, advises people to avoid expensive purchases
https://ift.tt/mh8wefL San Francisco, November 21 Amazon founder Jeff Bezos has warned consumers and businesses to postpone large purchases...
Nestle’s Nespresso to sell paper-based compostable coffee pods
https://ift.tt/mh8wefL Zurich, November 21 Nestle's Nespresso coffee business is launching paper-based compostable capsules to attract ...
Budget 2023-24: FM chairs first consultation with industry leaders
Along with Sitharaman, the meeting was attended by minister of state finance Pankaj Chaudhary and Bhagwat Kishanrao Karad; finance secretary...
Tesla recalls 3.21 lakh vehicles over tail-light software glitch
https://ift.tt/mh8wefL San Francisco, November 21 Elon Musk-tin Tesla is recalling more than 3,21,000 vehicles for a software glitch and wi...
Explained: Why Easy Trip Planners' shares surged 20% today
The company's board on October 10, 2022, had approved sub-division/split of each existing equity share of face value of Rs 2 into 2 equi...
Markets fall in early trade amid weak Asian equities
Market benchmarks fell in early trade on Monday amid weak trend in other Asian equities. After a weak beginning, the 30-share BSE Sensex fur...
Markets fall in early trade amid weak Asian equities
https://ift.tt/fvPSEwI Mumbai, November 21 Market benchmarks fell in early trade on Monday amid weak trend in other Asian equities. After ...
Government moves on anti-subsidy; dumping levies under lens
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Isha Ambani & Anand Piramal blessed with twins
They are - a baby girl named Aadiya and her twin brother Krishna. Both the infant siblings are doing well, said the two elated families, rej...
India is differently placed, at low risk of recession: RBI Guv
Reserve Bank of India Governor Shaktikanta Das said a synchronised tightening of monetary policy globally has progressively increased the ri...
7 new airports in 8 years: Aviation put the Northeast on world map
Aerial connectivity in the Northeast has got a major boost with Prime Minister Narendra Modi on Saturday inaugurating the first Greenfield a...
Zomato plans to lay off 3 pc of its workforce
https://ift.tt/gq21y9k Bengaluru, November 19 Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per ...
Air India to introduce premium economy class in certain long haul flights next month: CEO MD Campbell Wilson
https://ift.tt/gq21y9k Mumbai, November 19 Air India will be introducing premium economy class in some of its long haul international fligh...
India to be world’s 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Gautam Adani
https://ift.tt/gq21y9k Mumbai, November 19 Asia's richest man Gautam Adani on Saturday said India, which took 58 years to become a tril...
India to be world's 2nd largest economy by 2050: Gautam Adani
Asia's richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion dollar economy, will add an equivalent ...
Govt cuts export duty on steel, iron ore; hikes import duty on some raw materials
https://ift.tt/gq21y9k New Delhi, November 19 Six months after imposition of the levy, the government has cut the export duty on steel prod...
Economy resilient, on course to achieve 7 per cent growth in FY’23: RBI article
https://ift.tt/iBo0u8J Mumbai, November 18 With headline inflation beginning to show signs of easing, the domestic macroeconomic outlook ap...
SJM says FSSAI’s draft regulation on star rating of food items favour industry; demands revised norms
https://ift.tt/iBo0u8J New Delhi, November 18 The Swadeshi Jagran Manch (SJM) on Friday urged the Food Safety and Standards of India (FSSAI...
Jet Airways sends many staffers on leave without pay & goes in for pay cuts
The stalled Jet Airways has sent some of its 230 employees on leave without pay and effects pay cut for others, say sources. A few employees...
Markets slip for 2nd day; auto, finance stocks weigh
Market benchmarks ended lower for the second straight session on Friday, paring their initial gains amid a mixed trend in the global equitie...
Benchmarks slip for second day; close flat for the week
https://ift.tt/iBo0u8J Mumbai, November 18 The Sensex and Nifty stayed on the back foot for the second straight session on Friday as invest...
Govt proposes penalty of up to Rs 500 crore under Data Protection Bill
The government has raised the penalty amount to up to Rs 500 crore for violating the provisions proposed under the draft Digital Personal Da...
Aditya Birla Fashion and Retail to open luxury stores in partnership with Galeries Lafayette
Aditya Birla Fashion and Retail has entered into a strategic partnership with Galeries Lafayette, to open luxury department stores and a ded...
Operations in banks likely to be hit as union members to go on strike
Several banks, including Bank of Baroda and Punjab & Sind Bank, have already informed their customers about the potential impact on serv...
An $18 billion wipeout is harsh reality of five famed India IPOs
Five of the most-hyped technology initial public offerings in India over the past 16 months have floundered since listing, shedding more tha...
Meta appoints Sandhya Devanathan as India head
https://ift.tt/FOViuBW New Delhi, November 17 Social media giant Meta has appointed Sandhya Devanathan as the Vice-President of Meta India,...
‘Suburban housing prices increased due to WFH’
https://ift.tt/PyhLOJ2
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