The Reserve Bank of India (RBI) cut interest rates by more than expected 50 basis points on Friday, a third consecutive reduction, and unexpectedly reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the
US Stock Market Live: Wall Street stocks surged on Friday, with the S&P 500 breaking above 6,000 after a stronger-than-expected jobs report and easing tensions between President Trump and Elon Musk. The Dow jumped over 500 points (1.3%), the S&P
Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling ₹2.1 crore in a case of violation of insider trading rules in the shares of
Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. Illustration: Uttam Ghosh/Rediff
Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in March this year, according to sources. When contacted about the grant of
India has always led in developer talent and now has a strong opportunity to lead in AI talent, OpenAI Global Chief Strategy Officer (CSO) Jason Kwon said on Thursday as the ChatGPT-maker launched OpenAI Academy in partnership with IndiaAI Mission.
Benchmark equity indices Sensex and Nifty ended higher on Thursday, driven by buying in blue-chip stocks ICICI Bank and Reliance Industries amid fresh foreign fund inflows and firm global market trends. Illustration: Dominic Xavier/Rediff Rising for the second straight day,
Jun 5, 2025 4:04 PM IST US Stock Market Live: US Treasury Yields Hold Steady After Sharp Drop on Weak Economic Data US Treasury yields remained largely unchanged on Thursday after falling sharply the previous day due to weaker-than-expected economic
Silver prices hit a lifetime high of ₹1,04,100 per kilogram in the national capital on Thursday, and gold prices jumped ₹430 in line with strong global cues. On March 19, silver hit its previous all-time high of ₹1,03,500 per kg.
New investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity schemes. Illustration: Dominic Xavier/Rediff MFs have onboarded 300,000 new investors in
