Business

Investors shift to RBI floating rate bonds as fixed deposit rates slide

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With declining fixed deposit rates, risk-averse investors are increasingly drawn to RBI’s floating rate savings bonds, offering an attractive 8.05% annual yield. These bonds, considered ...

RBI to transfer record dividend of Rs 2.69 lakh crore to Central government for FY25, 27.4% up from last year

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The Reserve Bank of India (RBI) will pay a record Rs 2.69 lakh crore dividend to the government for fiscal year 2025, a 27.4% increase ...

Wall Street opens sharply lower, Dow Falls Over 400 points after Trump’s tariff threats on EU & Apple, global sell-off ensues

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US stock markets plunged following President Trump’s tariff threats on EU goods and Apple. The Dow fell by 1.04%, the S&P 500 by 1.15%, and ...

Wall Street opens sharply lower, Dow Falls Over 400 points after Trump’s tariff threats on EU & Apple, global sell-off ensues

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US stocks tumbled after Donald Trump threatened to impose 50% tariffs on the EU, sparking fears of a global trade war. The S&P 500 experienced ...

Sensex surges over 760 points as FMCG and IT drive market rally on RBI dividend hopes

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Indian equity markets rebounded strongly on Friday, with Sensex and Nifty gaining nearly 1% driven by heavyweight stocks and positive sentiment around a potential record ...

Fair fare on the horizon: IndiGo set to reintroduce grounded aircraft, may ease ticket prices

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IndiGo is set to recover most of its grounded aircraft by early next year, potentially adding nearly 80 planes to its fleet in fiscal year ...

GST council set to convene soon; tax simplification, compensation cess likely on agenda

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The Goods and Services Tax Council will soon meet to discuss GST simplification. Tax rate rationalisation and the future of the compensation cess are on ...

Target where it hurts: India wants Pakistan back on FATF ‘grey list’; to oppose World Bank loans

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India is intensifying its efforts to financially isolate Pakistan, contesting World Bank loans and urging the FATF to reinstate it on the grey list. This ...

Support to Pakistan costs Turkey, Azerbaijan as Indians shift out weddings, corporate events

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Amidst rising tensions stemming from perceived support for Pakistan, wealthy Indian families and NRIs are increasingly avoiding Turkey and Azerbaijan for weddings and corporate events. ...

Gold rate today: Gold prices hit two-week high, but will the levels sustain?

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Gold rate today: Gold futures at MCX opened strong at Rs 95,600/10 grams, hitting a two-week high, while silver futures saw a marginal rise to ...