Rupee hits all-time low of 85.12. Following the US Federal Reserve’s recent decision, the dollar experienced a significant rally, strengthening against multiple currencies, including the Indian rupee. The decision to maintain or adjust interest rates by the Federal Reserve often has a profound impact on global currency markets. As a result of the Fed’s actions, […]
Azure whistleblowers allege bribery in Adani scandal. Former Azure executives and Indian business tycoon Gautam Adani have been implicated in an alleged bribery scandal, as revealed in unsealed court documents filed by the US Attorney for the Eastern District of New York and the FBI. The documents outline accusations of corruption and misconduct involving Azure
Azure whistleblowers allege bribery in Adani scandal. Read More »
IPL 2025 Auction Top List: Pant, Iyer, Rahul, Buttler, Shami The IPL 2025 mega auction is set to be a highly anticipated event, offering 204 available slots for teams to strengthen their squads.The announcement has generated excitement among cricket fans Players like Rishabh Pant, Shreyas Iyer, K.L. Rahul, Jos Buttler, and Mohammed Shami are among
IPL 2025 Auction Top List: Pant, Iyer, Rahul, Buttler, Shami Read More »
Rupee falls 14 paise to 84.23 against dollar. Meanwhile, the dollar index, which measures the greenback’s strength against a basket of six major currencies, was trading 1.64 percent higher at 105.11. This rise in the dollar’s value contributed to the rupee’s decline, as the strengthening of the U.S. dollar often leads to pressure on other
Bajaj Finance, SBI Life, HUL, Adani Energy, Fedbank in focus. Domestic stock markets have continued their downward trend, with indices losing more than a percent as they remain in a corrective phase. Several factors have contributed to the negative sentiment, including macroeconomic challenges, rising global uncertainties, and concerns about domestic growth. Investors are keenly watching
Bajaj Finance, SBI Life, HUL, Adani Energy, Fedbank in focus. Read More »
Ratan Tata hospitalized, reported to be in critical condition. Reports indicate that Ratan Tata, the 86-year-old industrialist, is currently in critical condition at a Mumbai hospital. This news comes despite a recent post on his social media handle, where he assured the public that there was no cause for concern regarding his health. In his
Ratan Tata hospitalized, reported to be in critical condition. Read More »
Muizzu thanks Modi government for ₹30 billion support, $400M currency swap. Maldives President Mohamed Muizzu recently expressed his gratitude to Indian Prime Minister Narendra Modi and the Indian government for their continued support, particularly emphasizing the Rs 30 billion (approximately USD 360 million) assistance provided by India. He also highlighted the USD 400 million bilateral
Muizzu thanks Modi government for ₹30 billion support, $400M currency swap. Read More »
Markets may react negatively if BJP loses key state elections. A reduced majority, or even a loss for the Bharatiya Janata Party (BJP) in the upcoming Haryana and Jammu & Kashmir (J&K) state elections is unlikely to significantly impact the financial markets, according to analysts. While political outcomes can certainly influence investor sentiment, experts suggest
Markets may react negatively if BJP loses key state elections. Read More »
Swiss accounts with ₹2753 cr of Adani proxy frozen. An alleged front man for the Adani Group has reportedly been investing in offshore funds based in tax havens, raising concerns about financial transparency. These funds were allegedly used exclusively for purchasing and holding Adani Group stocks, prompting further scrutiny into the nature of these investments.
Swiss accounts with ₹2753 cr of Adani proxy frozen. Read More »
Strong growth prospects drive demand for Bajaj Housing Finance IPO. Investors, both big and small, rushed to secure their share of the Rs 6,560-crore Bajaj Housing Finance IPO, which has attracted a staggering Rs 3.2 lakh crore in bids. The overwhelming demand has far exceeded expectations, marking one of the highest-ever IPO subscriptions in Indian
Strong growth prospects drive demand for Bajaj Housing Finance IPO. Read More »
