Business

Rupee tumbles to hit life-time low! Currency nears the 90 per dollar mark; what does it mean?

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The Indian rupee hit an all-time low of 89.95 against the US dollar, driven by speculators and importers. Experts cite a strong dollar and delayed ...

EPS 95 setback: Government cites EPS fund deficit; will the minimum Rs 1,000 pension stay unchanged?

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EPS-95 pensioners hoping for a pension hike will likely be disappointed. The Labour Ministry confirmed an actuarial deficit in the Employees’ Pension Scheme, meaning it’s ...

Trade reset: China issues rare earth licences; questions persist over wider access

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China has issued new general export licenses for rare earth shipments, easing months of disruption caused by tighter controls. This move, following the Trump-Xi summit, ...

IPO boom continues! December set to be another big month; ICIC Pru, Juniper & more – What’s on the list?

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India’s primary market is set for a massive year-end, with December poised to raise nearly Rs 30,000 crore from around 25 IPOs. Major listings like ...

Aviation lapses: Air India plane flies 8 times without valid certificate; DGCA investigation underway

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Air India operated a 164-seater Airbus A320 on eight flights with an expired airworthiness license, posing a safety risk. The airline has suspended responsible personnel, ...

‘Equity capital dried up’: Chinese electronic brands reel under India’s regulatory hurdle; here’s how they are funding their survival

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Chinese electronics giants like Oppo and Vivo are increasingly relying on loans from their group companies to fund Indian operations. This shift to external commercial ...

Gold price today: How much 18K, 22K gold costs in your city? Check rates for Delhi, Mumbai, Bengaluru & more

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Gold prices saw a dip on Tuesday. Traders decided to book profits after recent gains. This pullback ended a strong run for the yellow metal. ...

No plans for public sector banks merger? Government issues clarification; here’s what MoS detailed on FDIs, IDBI offloading & more

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The government has confirmed no current plans for merging public sector banks. Foreign Direct Investment limits in banks have been detailed. The sale of IDBI ...

Bajaj Housing Finance stock price: Share tumbles 9% to hit 52-week low; here’s what triggered the fall

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Bajaj Housing Finance shares hit a 52-week low on Tuesday following reports of a block deal where promoter Bajaj Finance is believed to have offloaded ...

Asian stocks today: Markets climb amid US rate cut hopes, Japan bond jitters; Kospi nears 2%, Nikkei up over 56 points

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Asian markets mostly rose as investors focused on potential US interest rate cuts, buoyed by weak economic data. Nerves around rising Japanese bond yields eased ...