Latest News, Updates & Breaking Headlines
The Indian rupee may finally have found a floor after months of sustained depreciation, with Jefferies indicating that the currency has likely bottomed out following its sharp underperformance against major emerging market peers, ANI reported.In its latest GREED & fear note, Jefferies said the rupee has been “the worst performer year to date amongst major…
Strong RBI dividend to help stabilise finances The recent rationalisation of Goods and Services Tax (GST) rates is likely to create a net revenue loss of around 0.1 per cent of GDP in the current financial year. However, this shortfall may be compensated by the higher dividend payout from the Reserve Bank of India (RBI),…
The diversification strategy that India adopted after the US imposed a steep 50% tariff on Indian goods, is beginning to yield early gains.With exporters suddenly facing the higher duty, introduced in two phases: 25% from 7 August and doubled to 50% from 25 August, many have turned towards alternative markets across Asia, Europe and the…
Gold stayed close to the $4,000-an-ounce mark on Monday, recovering from early losses after China moved to limit a tax rebate that has long benefited the country’s retailers and jewellery makers. The metal initially slipped by as much as 1% in Asian trading, but later regained ground, with bullion for immediate delivery up 0.2%, according…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
Cardi B opens up about Offset.(Image via Elsa/Getty Images) Cardi B and Stefon Diggs are all set to welcome their newborn in the next few months as the Grammy winner continues to battle a tough divorce with her ex husband, rapper Offset. While Cardi B seems excited about embracing a new chapter in her life,…
Offset, Cardi B and Stefon Diggs (Getty Images) Offset may have tried to expose someone, but the internet’s pretty sure he just got exposed himself. The drama kicked off when Offset implied that Instagram model Rebecca J had been sliding into his DMs. But instead of staying quiet, Rebecca went off defending Cardi B, calling…
After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the…
Offset, Cardi B and Stefon Diggs (Getty Images) The internet loves chaos, and this week’s rumor might just take the cake. Social media exploded with claims that Offset admitted he regrets cheating on Cardi B right after she got pregnant with NFL star Stefon Diggs’ child. Yeah, it sounds messy enough to be true in…
Offset, Cardi B and Stefon Diggs (Getty Images) Cardi B has never shied away from the spotlight, and now, her personal life is once again fueling headlines. With the rapper recently confirming her fourth pregnancy—her first with NFL wide receiver Stefon Diggs—fans are revisiting claims that their relationship traces back to a controversial chapter during…
