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The rupee slipped again below the psychologically important 90 level and settled 22 paise lower at 90.20 (provisional) against the US dollar on Friday, weighed down by disappointing domestic macroeconomic data and a stronger greenback in overseas markets, PTI reported.At the interbank foreign exchange, the rupee opened at 89.95 and moved between an intra-day low…
The government’s surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for pressure on volumes, margins and long-term profitability.ITC shares tumbled to a three-year low of Rs 345.35 on Friday, extending a two-day rout that has wiped…
As many as 66 flights were cancelled at the Delhi airport on Friday due to fog and low visibility conditions, PTI reported citing sources.Several airlines cancelled flights to and from the national capital as reduced visibility disrupted operations. Of the total cancellations, 32 were arrival flights while 34 were departures, the source said.The aviation regulator…
London’s benchmark FTSE 100 index crossed the 10,000-point mark for the first time on Friday, scaling a fresh all-time high on the opening trading day of 2026, extending the strong momentum built over the past year.In early deals, the UK’s top-tier index — home to heavyweights such as BP, Vodafone and HSBC — rose 1.0…
Gold and silver futures opened the new year on a strong note on Friday, driven by firm global cues as investors moved towards safe-haven assets amid expectations of lower US interest rates.On the Multi Commodity Exchange (MCX), gold futures for February delivery rose Rs 948, or 0.7%, to Rs 1,36,752 per 10 grams, with a…
NEW DELHI: Bajaj Auto Ltd on Friday reported a 14 per cent rise in total sales at 3,69,809 units in December 2025 as compared to 3,23,125 units in the same month of 2024.Total domestic sales were at 1,69,373 units last month as against 1,62,420 units in the year-ago period, up 4 per cent, Bajaj Auto…
NEW DELHI: GST collections rose 6.1% to Rs 1,74,550 crore, driven by a surge in levies on imports. The numbers, that do not include compensation cess, which has been withdrawn for all goods barring tobacco and pan masala, provide confidence to govt that the mop up (for sales in Nov) has increased despite an overhaul…
(Representative AI image) Asian markets kicked off the new year on a positive note on Friday, tracking gains in US futures and higher oil prices, with technology stocks leading the rally in Hong Kong.Hong Kong’s Hang Seng index surged 2.2% to 26,189.79. Markets in Tokyo, Shanghai, Thailand and New Zealand remained closed for holidays.South Korea’s…
Gold’s intraday technical structure points toward stabilization after correction, supported by EMA alignment. (AI image) Gold price prediction today: Gold prices are likely to stabilize after a period of correction and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading…
NEW DELHI: Food delivery giants Zomato, Swiggy and magicpin reported a massive surge in orders on New Year’s Eve, saying operations remained largely unaffected despite a nationwide strike call by a section of gig workers demanding better pay and working conditions.Sharing a post on X, Eternal founder Deepinder Goyal said, “Zomato and Blinkit delivered at…
