A man walks past an Indian Rupee symbol installation at the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 5, 2026. The rupee rose 5 paise to 95.82 against the US dollar in early trade on Monday, after closing at 95.87 on Friday, as traders watched oil prices and foreign portfolio flows for…
The price band for the issue has been set at Rs 1,700-1,785 per share, while each lot consists of eight shares. NSE IPO GMP: On the last day of the National Stock Exchange of India (NSE) initial public offering (IPO), its grey market premium or GMP was hovering around 3%. Today is the final day…
TEDT won’t bear cost for ‘created disputes’:, said Mehli Mistry MUMBAI: Following the showdown between Tata Trusts chairman Noel Tata and the board of Tata Sons, a trustee of the Tata Education and Development Trust (TEDT) has objected to potential legal costs from what he described as “created” disputes, according to people familiar with the…
The poll of a dozen economists showed that a majority expects repo rate to rise by 25 basis points NEW DELHI: Most economists are betting on a rate hike by the monetary policy committee in Oct in the wake of acceleration in inflation, massive liquidity and central banks increasing interest rates in the US and…
The latest outflow comes after foreign investors returned to Indian equities in July and Aug NEW DELHI: Foreign Portfolio Investors (FPIs) have turned cautious again, pulling out Rs 20,974 crore from Indian equities so far in Sept amid global uncertainties, higher US interest rates and bond yields, elevated crude oil prices and a weakening rupee.The…
India is on track to record real GDP growth of 6.5-7 per cent in the current fiscal, while nominal GDP growth is expected to be around 11-12 per cent, according to a latest report by brokerage Jefferies.The brokerage also expects corporate earnings growth to accelerate to 17 per cent in the fiscal year beginning April…
Gold is likely to remain volatile and range-bound in the coming week as traders track movements in the US dollar and bond yields, developments in the the Middle East conflict and the direction of crude oil prices.According to analysts, after a week dominated by monetary policy and geopolitical developments, investors are expected to turn their…
Uday Kotak on Friday said India needs to find a way to address its high gold imports. India’s gold imports have been in focus since the start of the US-Iran war as they add pressure to the country’s import bill at a time when oil is also rising and rupee is depreciating.Amid this, veteran banker…
Chandrasekaran was delivering his address at SAI University in Chengalpattu Chennai:“Life is a marathon race, not a sprint. It is about becoming better by the day, not overtaking others. There will be ups and downs. Don’t fear downs, and do not turn your confidence into arrogance. Enjoy the journey,” Tata Sons chairman N Chandrasekaran said…
As of September 19, biometric authentication had been completed by 89.9% of active domestic LPG consumers. LPG refill Aadhaar authentication rule: Domestic LPG consumers who have not yet completed their Biometric Aadhaar Authentication (BAA) will have to complete the process to book subsidised cylinder refills at regulated prices from October 1, 2026.The Petroleum and Natural…