India’s forex reserves dropped by $3.05 billion to $699.74 billion in the week ended July 4, the RBI said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the overall reserves had jumped by $4.85 billion to $702.78 billion.
Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Photograoh: Danish Siddiqui/Reuters Tariff-related uncertainties amid mixed global market
The cumulative amount that companies filing their DRHPs this year are looking to raise is Rs 1.6 trillion, compared to Rs 1 trillion during H12024.. The filing of draft red herring prospectuses (DRHPs) picked up pace during the first half
India’s consumer price index (CPI)-based retail inflation rate is likely to have cooled further in June, thus remaining below the 4 per cent target of the Reserve Bank of India (RBI) for a fifth consecutive month, giving the central bank
Priya Nair will become the first woman CEO and MD of Hindustan Unilever Ltd (HUL) effective August 1, 2025, with India’s largest FMCG firm announcing her appointment on Thursday. Photograph: Courtesy, HUL Nair, currently president, Beauty & Wellbeing, Unilever, has
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday. IllustrationL Dado
Rapido — one of the largest players in the bike taxi commute business — says the new guidelines released by the central government on July 1, permitting “non-transport motorcycles” for aggregators, no longer give states the option of rejecting the
Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of
Stock markets closed lower on Wednesday due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Photograph: Arko Datta/Reuters Dragged by late selling, the 30-share
