India’s forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the forex reserves had jumped by $3.29
Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. Photograph: Courtesy, Wikimedia Commons The interest slabs and rates for
US Stock Market LIVE Updates: Dow Jones, Nasdaq Today and the S&P 500 are in focus as investors await the US jobs report and a crucial Supreme Court ruling on Trump’s tariffs. Stay tuned for key live updates, market moves
American automaker General Motors Co. announced on Thursday it will take another $6 billion in charges related to production cuts in electric vehicle and battery operations. This comes as financial problems grow from the cooling market for EVs in the
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE’s stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Photograph: Courtesy, Bajaj Finserv Bajaj Finserv, along with Bajaj
The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income. Photograph: Danish Siddiqui/Reuters There is
Supported by strong buoyancy in public sector capital expenditure (capex), growth in infrastructure investment is expected to accelerate in 2025-26 (FY26) compared to 2024-25 (FY25), according to the First Advance Estimates of gross domestic product (GDP) for FY26 released by
The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year. Illustration: Dominic Xavier/Rediff India’s healthcare sector has seen a clear pickup in initial public offering (IPO) activity in calendar year
Stocks to watch on January 9 include Bharat Forge, BEL, IEX, IREDA, Vedanta, BHEL, Bajaj Finserv and RVNL, with order wins, project revisions, results triggers and stake sale announcements in focus. 3 Min Read 1 / 14 IREDA: The state-run
Amid a sharp recovery in sales, a richer product mix, and stable commodity inflation, analysts expect a strong performance from auto OEMs in the December quarter, projecting most companies to post double-digit net profit growth. Following GST rationalisation, demand has
