Rupee hits historic low of 85.97 against USD, marks tenth weekly loss
Jan 10, 2025, at 09:36 pm
Mumbai: The rupee plummeted to an unprecedented low of 85.97 against the US dollar on Friday, surpassing its previous record of 85.9325 set just a day earlier, media reports said.
Wadia family settles SEBI disclosure violation case for Rs 2.13 cr
Jan 10, 2025, at 09:03 pm
Mumbai: The Wadia family, which runs the Wadia Group of companies, and entities linked to Bombay Burmah Trading Corporation (BBTC) have resolved allegations of delayed shareholding disclosure violations with the Securities and Exchange Board of India (SEBI) by paying a settlement amount of Rs 2.13 crore, media reports said.
India's Industrial output hits six-month high with 5.2% growth in Nov
Jan 10, 2025, at 08:16 pm
New Delhi: India's industrial output, determined by the Index of Industrial Production (IIP), touched a six-month peak, recording a growth of 5.2% in November 2024, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
Jan 10, 2025, at 11:33 am
New Delhi/IBNS: The Larsen and Toubro has backed its chairman SN Subramanyan's controversial appeal to his employees to work even on Sundays stating the remark was a reflection of "larger ambition".
Latest UN report shows global economic growth is projected to remain at 2.8 per cent in 2025
Jan 10, 2025, at 08:29 am
Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from this past year, according to a UN flagship report released on Thursday.
'How long can you stare at your wife': L&T chairman sparks row with 90-hour workweek suggestion
Jan 09, 2025, at 11:00 pm
Mumbai: Larsen & Toubro (L&T) faced backlash after its chairman SN Subrahmanyan, suggested a 90-hour workweek during an employee interaction. Defending his remarks, the company released a statement asserting that "extraordinary outcomes require extraordinary efforts."
TCS Q3 FY25 net profit rises 11.9% to Rs 12,380 cr
Jan 09, 2025, at 09:25 pm
Bengaluru: India's leading IT services provider, Tata Consultancy Services (TCS), reported a net profit of Rs 12,380 crore for Q3 FY25, marking an 11.9% increase from Rs 11,058 crore in the same period last fiscal.
How to Qualify for an Education Loan Without Collateral?
Jan 09, 2025, at 01:01 pm
Going to a foreign country to pursue education can be a dream for many. But it can also be quite expensive at times. Obtaining a study loan for international education can be challenging for students without assets to use as collateral. However, nowadays, major banks like ICICI Bank offer Education Loans without collateral, making it easier to pursue studies abroad. This blog will assist you in understanding what an Education Loan without collateral is and its advantages to the borrower.
SEBI warns Ola Electric over disclosure violations
Jan 08, 2025, at 10:02 pm
Mumbai: The Securities and Exchange Board of India (SEBI) issued an administrative warning to Ola Electric Mobility for violating disclosure norms by announcing its expansion plans on social media before informing the stock exchanges.
Adani Ports ranks among global top 10 for corporate sustainability
Jan 08, 2025, at 09:44 pm
Mumbai: Adani Ports and Special Economic Zone (APSEZ) has earned a spot in the global top 10 transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA) rankings, the company announced.
India revises November gold import data, uncovering $5 billion error
Jan 08, 2025, at 08:29 pm
New Delhi: India’s gold import figures for November have been revised sharply downward to $9.8 billion, significantly lower than the previously announced $14.8 billion, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS) released on Wednesday.
SBI trims FY25 GDP growth forecast to 6.3% amid lending and manufacturing slowdown
Jan 08, 2025, at 07:46 pm
Mumbai: The State Bank of India (SBI) has revised its GDP growth forecast for India in the 2024-25 financial year (FY25) to 6.3 percent, slightly below the National Statistical Office’s (NSO) projection of 6.4 percent, media reports said.
Meet Indian-origin Kevan Parekh who took charge as Apple Inc CFO on January 1
Jan 08, 2025, at 07:34 pm
Indian-origin executive Kevan Parekh has assumed charge as the new chief financial officer of Apple Inc from January 1, 2025.
BP to boost Mumbai High oil and gas output as ONGC’s technical partner
Jan 08, 2025, at 05:34 pm
Mumbai: India's leading explorer, Oil and Natural Gas Corp (ONGC), announced on Wednesday that energy giant BP will work as its technical service provider to enhance oil and gas production from Mumbai High, the country’s largest producing field located off the west coast, Reuters reported.
India's electricity generation growth hits post-pandemic low in 2024 amid economic slowdown
Jan 08, 2025, at 04:47 pm
New Delhi: India’s electricity generation recorded its slowest growth in 2024 since the Covid-19 pandemic, reflecting a deceleration in the world’s fastest-growing major economy, Reuters reported, citing an analysis of government grid regulator’s data.
Satya Nadella announces Microsoft's $3 bn investment in India after meeting PM Modi
Jan 08, 2025, at 11:58 am
New Delhi/IBNS: Microsoft will invest $3 billion in India in cloud and AI infrastructure, announced the tech major chairman and CEO Satya Nadella.
Jan 07, 2025, at 05:18 pm
New Delhi/IBNS: S. K. Singhi & Partners LLP, one of India’s leading law firms, has launched a transformative initiative—LEXITS under the aegis of S.K Singhi & Partners.
Jan 07, 2025, at 02:49 pm
New Delhi/IBNS: S. K. Singhi & Partners LLP, one of India’s leading law firms, has launched a transformative initiative—LEXITS under the aegis of S.K Singhi & Partners.
Sensex, Nifty nosedive after positive start
Jan 06, 2025, at 02:01 pm
The Indian benchmark stock market indices dropped sharply after beginning the morning journey on a positive note on Monday.
Common Mistakes to Avoid When Applying for a Business Loan Against Property
Jan 04, 2025, at 01:05 pm
Applying for a business loan against property can be a great way to secure funds for your business, especially when you need a significant amount of money. However, the process can be complex, and many business owners make mistakes that can delay approval or lead to unfavorable terms. Here are some common mistakes to avoid when applying for a business loan against property, so you can increase your chances of approval and get the best deal.
‘India’s EV sector ready to fly, doesn’t need new subsidies’: Piyush Goyal
Jan 04, 2025, at 12:33 am
New Delhi: Commerce and Industry Minister Piyush Goyal stated on Friday that there is no requirement for fresh subsidies or incentives for the electric vehicle (EV) ecosystem, media reports said.
Jan 04, 2025, at 12:09 am
New Delhi: The Employees’ Provident Fund Organisation (EPFO) has fully implemented the Centralised Pension Payments System (CPPS) to facilitate pensions under the Employees’ Pension Scheme (EPS).
Hindustan Unilever in talks to acquire D2C skincare brand Minimalist in Rs 3,000 cr deal: Report
Jan 03, 2025, at 11:45 pm
Mumbai: Hindustan Unilever (HUL) is reportedly in advanced negotiations to acquire Minimalist, a direct-to-consumer (D2C) skincare brand, at a valuation of Rs 3,000 crore, Business Standard reported, citing sources.
UTI Mutual Fund launches UTI Quant Fund
Jan 03, 2025, at 05:43 pm
UTI Mutual Fund (UTI) announces the launch of the UTI Quant Fund, an active equity fund that combines predictive modelling with UTI's extensive investment research expertise & investment process.
Nita Ambani honours Dhirubhai Ambani’s legacy at Jamnagar Refinery’s 25th-anniversary celebration
Jan 03, 2025, at 05:40 pm
Jamnagar (Gujarat): In a grand celebration commemorating 25 years of the renowned Jamnagar Refinery, Nita Mukesh Ambani delivered a deeply emotional and heartfelt speech, paying tribute to the extraordinary legacy of her late father-in-law, Dhirubhai Ambani.
Blinkit launches 10-min ambulance service in Gurugram, plans nationwide expansion
Jan 02, 2025, at 11:07 pm
Gurugram: In a major step towards enhancing urban emergency medical services, Blinkit has introduced a rapid-response ambulance service in Gurugram, aiming to deliver assistance within 10 minutes, CEO and co-founder Albinder Dhindsa announced on January 2.
Jan 02, 2025, at 10:10 pm
New Delhi: The government has sanctioned incentive payments amounting to Rs 246 crore for Mahindra & Mahindra (M&M) and Tata Motors under the Rs 25,938 crore Production Linked Incentive (PLI) scheme for the auto industry, PTI reported on Thursday.
Quick and Easy Way to Pay Your NBPDCL Bills Online
Jan 02, 2025, at 01:52 pm
Paying utility bills is a monthly task for everyone. With time, handling your NBPDCL bills has become easier and can be done online with the help of technology. You can now pay bills using online platforms provided by banks like ICICI Bank. If you live in the North Bihar area and need to pay your electricity bill, this blog will guide you on the steps to easily and conveniently pay your NBPDCL bills online.
Gold shoots by Rs 440 on first day of 2025 to Rs 79,390; silver surges by Rs 800
Jan 01, 2025, at 11:54 pm
Mumbai: Gold prices increased by Rs 440 to Rs 79,390 per 10 grams on Wednesday, buoyed by fresh buying activity as the year began on a strong note, The Economic Times reported.
RBI to auction Rs 4.73 lakh crore in govt bonds in Jan-Mar 2025
Jan 01, 2025, at 11:18 pm
Mumbai: In the January-March quarter of 2025, the Reserve Bank of India (RBI) plans to sell government bonds worth Rs 4.73 lakh crore on behalf of State Governments and Union Territories (UTs).