The rupee on Monday crashed to its lowest-ever level of 90.80 before settling at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over its previous close, weighed down by uncertainty over an
The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Mainboard initial public
Starting January, the market is expected to welcome models like the Tata Punch 2025 which is expected to be around ₹6 lakh, Mahindra BE 07 EV around ₹29 lakh, Maruti WagonR Electric around ₹8.5 lakh, Toyota 3-Row SUV around ₹14
Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time. Photograph:
Foreign investors pulled out Rs 17,955 crore (Rs 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (Rs 18.4 billion) in 2025.’ Illustration: Dominic Xavier/Rediff This sharp
‘We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.’ IMAGE: Reserve Bank of India Deputy Governor T Rabi Sankar speaks at the Global Fintech
InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. Photograph:
Next week’s three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. Illustration: Dominic Xavier/Rediff The visit will also pave the way for agreements with Ethiopia and Jordan to increase India’s bilateral
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country.
Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday. Photograph: Mark Blinch/Reuters The infrastructure arm of Canada’s investment
