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Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…
Bengaluru: Apple CEO Tim Cook said the iPhone maker delivered a “terrific” first quarter of the 2026 fiscal year, with India emerging as a key highlight. “We did set a quarterly revenue record during Dec. And to go a little further down, we set quarterly revenue records on iPhone and Mac and iPad, and an…
New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…
New Delhi: Business news channel ET NOW will deliver “wall-to-wall” budget coverage on Sunday, complete with insights, real-time analysis, and expert perspectives.Coverage will start at 7am, setting the context, leading to the finance minister’s budget speech at 11 am, and will be followed by in-depth decoding of key announcements.ET NOW Think Tank is led by…
In recent FTAs, including with the EU, India has given up its reluctance to lower tariffs for automobiles, wine and, even for some fruits such as apples and pears. Since you are negotiating several deals, and will come across what have traditionally been no-go areas, what will be your strategy for calibrated opening up?This is…
NEW DELHI: Union finance minister Nirmala Sitharaman will interact with around 30 college students from across the country after presenting the Union Budget 2026–27 on Sunday, the ministry said.Sitharaman is set to present her record ninth Budget, including two interim budgets, on February 1. As part of the initiative, the students will witness the live…
(Photo credit: Instagram and Agencies) Kevin Warsh is President Donald Trump’s pick to be the next chairman of the US Federal Reserve. He is expected to succeed the current Fed chief Jerome Powell in May this year. Powell has been at the receiving end of Trump’s wrath for several months, with repeated verbal attacks for…
Gold and silver prices plunged sharply on Friday, with investors rushing to book profits after recent record highs. On the Multi Commodity Exchange (MCX), silver futures for March delivery fell 16.97 per cent, or Rs 67,891, to Rs 3,32,002 per kilogram, marking one of the steepest single-day declines in recent months. Gold futures for February…
NEW DELHI: HDFC Capital Advisors Ltd on Wednesday announced a strategic partnership with Curated Living Solutions (CLS) to set up a Rs 1,000 crore platform focused on rental housing in India.HDFC Capital, the real estate private equity arm of the HDFC Group, said the platform will develop, own and operate institutional-grade rental housing assets to…
MUMBAI: The CEO of Niva Bupa Health Insurance said it is the cross-subsidisation of loss-making corporate group policies by retail health insurance, rather than high acquisition costs, that is weighing on retail insurance penetration.Krishnan Ramachandran, MD & CEO, Niva Bupa said insurers need to step up investments to expand retail health insurance and increase its…
