Latest News, Updates & Breaking Headlines
With Nifty hovering close to record highs and investor sentiment remaining upbeat, the primary market is set for a new phase, where five major companies are preparing to raise nearly Rs 35,000 crore through IPOs over the next two months.The lineup features some of the country’s most prominent consumer and fintech brands—Lenskart, Groww, Pine Labs,…
Speaking at the Berlin Global Dialogue, Piyush Goyal stressed on India’s independent trade policies. Commerce minister Piyush Goyal has hit out at the Western nations double-standards on Russian oil, questioning Germany and UK’s reported move seeking exemptions from US sanctions.Speaking at the Berlin Global Dialogue Goyal stressed on India’s independent trade policies, firmly saying that…
RIL responds to US, EU sanctions on Russian crude NEW DELHI: Reliance Industries Ltd (RIL) on Friday said it is assessing the impact of the latest sanctions imposed by the United States and the European Union on Russian oil companies.In an official statement, a company spokesperson said RIL will comply with guidelines on the import…
Bharti Airtel and Reliance Jio will almost double their capital returns by 2028 as network expenditure falls below depreciation levels, unshackling better cash flows after 15 years of intensive infrastructure outlays, ICICI Securities estimates.The report says that both entities are crossing into a “value creation zone,” with better return on capital employed (RoCE) and robust…
The central bank has added 600 kilograms to its gold reserves this fiscal year. (Representative image) In a strategic shift, India is betting on gold rather than dollar-based assets for its foreign exchange reserves. The Reserve Bank of India (RBI) is showing a preference for gold over dollar-based investments, data suggests. As of October 10,…
(Image credits: X @NHAI_Official) The National Highways Authority of India (NHAI) is stepping up efforts to make toll plaza operations more transparent and commuter-friendly by directing its field offices to prominently display details about the ‘Local Monthly Pass’ and the ‘Annual Pass’ at all toll plazas under its jurisdiction.Signage boards will be installed at prominent…
Target Corporation plans to lay off about 1800 corporate employees in its first major cutback in almost ten years. This change aims to improve stagnant sales and make its operations more efficient.Incoming CEO Michael Fiddelke announced this decision in a memo to employees on Thursday.It comes at a time when Target’s share price has lagged…
Representative image (AI-generated) Indian fertiliser companies are preparing to set up a urea manufacturing facility in Russia, a move that is likely to be announced during Russian President Vladimir Putin’s visit to India in December. This would be India’s first fertiliser venture in Russia.The plant will use Russia’s abundant ammonia and natural gas reserves, ensuring…
Representative image (AI-generated) Asian stock markets remained mostly high on Friday after the White House confirmed that US President Donald Trump will meet Chinese leader Xi Jinping next week.The announcement eased some uncertainty over trade tensions between the world’s two largest economies, although the likelihood of a major trade deal remains unclear.Chinese markets also gained…
India has shown openness to procure US energy and diversify its crude basket, but has been firm on its right to decide the source of crude oil purchases. At a time when India is engaged with the US and European Union for trade talks, Commerce Minister Piyush Goyal has made it clear that no trade…
