Business News
Gold price today: How much 22K, 18K gold costs in Mumbai, Delhi & other cities Check list
Gold prices are soaring domestically and internationally, driven by a weakening rupee and anticipation of US monetary easing. Local rates jumped
Mahindra Lifespace to redevelop 1.5 acre housing society in Mumbai; eyes 1,010 cr revenue
Mahindra Lifespace, a real estate arm of Mahindra Group, has a development footprint spanning 53.30 million sq ft (saleable area) of completed, o
Government bank stocks crash 6% today: What's the reason?
Shares of public sector banks (PSBs) have witnessed a sharp decline today.
Rupee record low: The big question now, more than anything else, seems to be one of stability. The key is to watch whether these near-term pressu
Aequs Ltd IPO fully subscribed on opening day, retail quota booked 6.64 times
IPO comprises a fresh issue of 670 crore and an offer for sale of 251.8 crore by existing shareholders
Embassy REIT acquires 3 lakh sq ft office property in Bengaluru for 852 cr
Embassy said it has entered into agreements to acquire the office property located within Embassy GolfLinks Business Park in Bengaluru
India's bond markets after RBIs Dec 5 repo rate decision: Five likely scenarios
Traders expect to see sharp moves in the markets as they react to RBIs monetary policy decision
The rupees breach of 90 per dollar has amplified concerns over sustained foreign selling in Indian equities, with Uday Kotak warning that while o
Equity markets dip as rupee weakness weighs on sentiment
Rupees depreciation toward the 90.10 level against the US dollar and persistent foreign fund outflows weigh on markets
Nomura forecasts a potential 13% upside for the Nifty in 2026, projecting it to reach 29,300. This optimism stems from improving domestic and glo
Meesho IPO Day 1 sees strong demand: Retail portion fully booked, GMP at 44%
Meeshos Rs 5,421-crore IPO saw a strong start, with retail investors fully subscribing within the first hour while overall subscription reached 4
Mint Explainer | Is Sanchar Saathi India's anti-fraud shield or a surveillance overreach?
The Centre's order to pre-install the Sanchar Saathi cybersecurity app on mobile devices triggered pushback from various quarters, bringing to th
Flight operations faced significant disruptions Wednesday morning as check-in systems at multiple airports simultaneously failed. Airlines, inclu
Meesho IPO subscribed 56% so far on Day 1 led by retail demand
Two other mainboard IPOs, which opened today, Aequs and Vidya Wires, were fully subscribed by mid-day
Spam calls: DoT to mandate display of KYC-registered names on incoming calls
The feature, known as Caller Name Presentation, will use the same technology that telecom operators use to flag certain calls as Suspected or Sus
Rupee from 10 to 90: Tracing the four-decade slide to its most fragile moment
The rupees slide past 90 marks the latest phase in a four-decade depreciation driven by weak flows, record trade deficits, and persistent importe
Putin meets with Trump envoys on US push to end war in Ukraine
Putins meeting with Witkoff and Kushner, US President Donald Trumps son-in-law, follows negotiations between US and Ukrainian officials in Florid
Cyclone Ditwah devastation to cost Sri Lanka up to $7 billion: official
At least 465 people died so far, and 366 remain missing as Sri Lanka grapples with widespread flooding, landslides and infrastructure collapse, s
Global memory-chip shortage sends prices soaring, strains tech industry
A global memory-chip shortage is disrupting the tech sector as AI firms, smartphone makers, and electronics companies battle for limited supplies
India's insolvency framework wins global praise; S&P upgrades ranking
S&P Global Ratings has upgraded India's insolvency regime to Group B from Group C, citing improved creditor-friendliness and a record of successf
India's services growth accelerates in November but export engine sputters, PMI shows
India's services sector saw strong growth in November, boosted by domestic demand. However, export sales experienced their slowest expansion in e
Services PMI rose to 59.8 in November
Talking about services sector, the report accompanying index said that underlying data showed that positive demand trends were supported by a gen
Heavy rain may continue over parts of Tamil Nadu, Puducherry
Tuesdays depression weakened into a well-marked low over the north Tamil Nadu-Puducherry coasts
Foreign outflows and IPO frenzy draining market breadth, says Sandip Sabharwal
Despite Nifty's record highs, market sentiment has cooled due to weak broader participation. Expert Sandip Sabharwal highlights relentless foreig
India's January-October iron ore imports at six-year high, JSW Steel top buyer
Iron ore imports more than doubled to over 10 million metric tons in the first 10 months of 2025 from a year earlier
New rental laws: Security deposit limit, entry rules and key changes explained
Two months rent as security deposit, the landlord must give 24 hours' prior notice to inspect the property and cannot enter before sunrise or aft
Rs 90 to a dollar: Whats driving the fall and why it matters to you - explained
The Indian rupee has fallen below Rs 90 to the US dollar for the first time, signaling a shift in economic perception and impacting households. T
Vietnam raises $298 mln in govt bond auction
Vietnam's State Treasury successfully raised 7.85 trillion dong in a recent government bond auction, a significant increase from the previous wee
JGB yields rise on concerns over further rate hikes after December meeting
Japanese government bond yields climbed as investors anticipate further interest rate hikes from the Bank of Japan beyond the expected December i
Check-in systems at airports face issues; flights delayed
At least four airlines -- IndiGo, SpiceJet, Akasa Air and Air India Express -- have been affected
Aequs: An underdog IPO at the heart of India's $3 billion aerospace tailwind
Aequs, a niche aerospace manufacturer, is attracting attention with its Rs 922 crore IPO amid strong growth in Indias aircraft component sector a
The worlds plastic glut is set to get much worse by 2040, study finds
Global production of new plasticis set to increase by 52%, twice as much as waste-management systems
Silver jumps to all-time high of Rs 1.84 lakh/kg amid rupee slide
Silver prices surged to a record Rs 1,84,727 per kilogram on Wednesday. Gold futures also advanced to Rs 1,30,766 per 10 grams. A steep fall in t
AI boom, tariffs and a softening labour market shape a cautious 2026 outlook
Wall Street remains largely bullish for 2026, but optimism is tempered by an unusual economic scenario unseen in over 60 years. Despite the AI in
BofA joins growing chorus expecting Fed rate cut in December
Bank of America has joined major brokerages, including Goldman Sachs and J.P. Morgan, in forecasting a 25-bps Fed rate cut at the December meetin
Pharma firm Corona Remedies IPO to open on Dec 8; sets price band at 1,008-1,062/ share
Asian markets saw mixed trading, mirroring Wall Street's gains but tempered by anticipation of key US economic data and the Federal Reserve's upc
Inox Wind among top 9 small and midcap picks from Axis Securities with upside potential of up to 43%
Inox Wind Ltd. A small mid-cap pick by Axis Securities combines a turnaround-driven recovery, improving finances and order book strength, making
Pharma firm Corona Remedies IPO to open on Dec 8; sets price band at Rs 1,008-1,062/ share
Pharma firm Corona Remedies, backed by ChrysCapital, has set its IPO price band at Rs 1,008-1,062, valuing the company at nearly Rs 6,500 crore.
Why your multi-asset fund is like a multivitamin with too little magnesium
Investors often assume that adding a multi-asset fund equals instant diversification. But unless the allocation is meaningful, the exposure to ea
Pune researchers find massive, grand-design spiral galaxy existing since universe's infancy
Findings published in European journal Astronomy & Astrophysics
Stock markets trade lower in early deals amid relentless foreign fund outflows
Amid persistent foreign fund outflows and profit-taking by investors, Sensex and Nifty declined for the fourth day in a row
Indian bonds slip; central bank not major buyer, state banks lead
Indian government bonds saw a dip Wednesday, reversing some of Tuesday's gains. Market speculation of Reserve Bank of India buying was countered
Bitcoin rebounds from $84K low, jumps 7% to near $92K as crypto market cap hits $3.13 trillion
Bitcoin rebounded sharply from an $84,000 low to trade above $92,000 as the global crypto market cap climbed to $3.13 trillion. A surge in ETF vo
Amazon to use Nvidia tech in AI chips, roll out new servers
Nvidia has been pushing to get other chip firms to adopt its NVLink technology, with Intel, Qualcomm and now AWS on board
The 26-minute, 51% wipeout that deepened the Trumps crypto woes
American Bitcoin Corp. shares plunged over 50% in minutes, highlighting the collapse of Trump-linked crypto ventures. While Bitcoin and broader c
Italian luxury fashion house Prada has acquired its smaller rival, Versace, from Capri Holdings in a deal worth $1.5 billion.
Sun Pharma Advanced Research jumps 11%, extends 2-day rally as US court clears Sezaby PRV
Sun Pharma Advanced Research Company surged for a second straight session after a U.S. court ruled in its favour on the Sezaby Priority Review Vo
Selectivity key as banks, infra, and manufacturing face mixed signals: Mayuresh Joshi
Market expert Mayuresh Joshi advocates for selective investments in banking, infrastructure, and paint sectors. He favors ICICI Bank, SBI, and Ba
Rupee collapses beyond 90 per USD for first time ever: What this means for D-St investors
The Indian rupee weakened past the 90-per-dollar mark for the first time ever, reaching 90.13 on Wednesday a new record low. This follows five s
Apis India 24:1 bonus shares: Company sets record date on Friday
Apis India announces a 24:1 bonus issue on 5th December as the stock hits its 5% upper circuit amid strong 12-month and five-year returns. The co
Narendra Solanki prefers Aptus over Bajaj Housing, betting on PSBs, not private banks; here's why
Market outlook turns favourable for PSBs, with analysts seeing stronger upside than private banks ahead of the RBI policy. Anand Rathis Narendra
Crude oil flat after industry data show increase in US inventories
At 9.56 am on Wednesday, February Brent oil futures were at $62.49, up 0.06% and January crude oil futures on WTI were at $58.68, up 0.07%
Markets slip on Rupee woes and FII outflows; Rate cut hopes keep bulls on edge
The Indian rupee extended its losing streak for a fifth consecutive session on Tuesday, hitting a historic low of 89.95 against the US dollar bef
India in talks with Israeli firm for world's first computerised rifle system
Once the trigger is pressed and held after the first shot, Arbel analyses the shooter's behaviour and releases subsequent rounds only when the pr
Meesho IPO opens today: Should you subscribe? Check price band, GMP, analysts' opinion & more
Meesho's IPO opens Wednesday, aiming for Rs 5,421 crore with a strong grey market premium, driven by positive analyst views. The e-commerce platf
Rupee hits all-time low against USD: Why is Indian currency falling against Dollar?
The Indian rupee fell to a record low on December 2, closing at 89.5475, pressured by maturing NDF positions and ongoing U.S. trade tensions. RBI
In Delhi, 24-karat gold held steady at 1,30,770 per 10 grams, while 22-karat gold remained flat at 1,19,890 per 10 grams. Retail 24K gold was 13,
Brokerages turn bullish on metals as non-ferrous leads Q2 beat
Aluminium, zinc power the sector gains, while steel faces price drag
Rupee dips below psychologically crucial 90 per US dollar mark
Persistent FPI outflows, US trade deal stalemate keep rupee under pressure
Rupee touches new low! Currency crosses 90 level mark against US dollar - Why is it important?
The Indian rupee has hit a new low of 90.05 against the US dollar, extending its downward trend. This depreciation is attributed to speculators a
Gold price prediction today: Where are gold, silver headed in December? Check outlook
Gold price prediction today: Gold prices are poised for a positive month, despite expected volatility, according to market experts. Silver has su
ICICI Bank, Infosys among 20 stocks that will ride India's 2026 rally: Nomura
Nomura anticipates a significant rally in Indian equities by 2026, projecting the Nifty 50 to reach 29,300. The brokerage highlights stable macro
S&P upped jurisdiction ranking assessment for Indias insolvency regime to Group B
The statement also said that Indias resolution regime still lags those of more established Group A and some Group B jurisdictions, average recove
Meesho IPO opens with 44% GMP: Should you subscribe?
Meesho, a leading Indian e-commerce platform, has launched its initial public offering (IPO) today. The public issue will remain open till Decemb
KPI Green Energy shares in focus after winning 142 MW floating solar EPC contract from GSECL
KPI Green Energy shares: KPI Green Energy has secured a major EPC contract from GSECL to develop a 142 MW floating solar project at the Kadana Da
Silver hits record high on supply tightness, Fed rate-cut hopes
Silver rises as much as 0.8% to trade at $58.9471 an ounce, above a previous peak of $58.84 set two days earlier
Meesho, Aequs or Vidya Wires? Analysts' top IPO pick is not the one with highest GMP
Analysts favor Aequs as the top IPO pick for long-term investors, citing its balance of growth, clarity, and valuation. While Meesho leads in uno
Sensex falls over 250 pts, Nifty below 25,950 as D-Street loses momentum near record peaks
Indian equities opened lower on Wednesday, extending a three-session slide as investors adopted a cautious stance near record highs. Both the Sen
Sun Pharma shares in focus after board approves Rs 3,000 crore investment
Sun Pharma's subsidiary will invest Rs 3,000 crore in a new manufacturing facility in Madhya Pradesh. The company also launched its innovative dr
Chinas services growth hits 5-month low, signalling weakening economy
China's services sector has witnessed its slowest growth in five months, according to a private survey released on Wednesday.
Stock market today: Nifty50 opens flat; BSE Sensex near 85,100
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday on weak global cues. While Nif
Rupee falls below 90 per US dollar mark on persistent outflows, trade deal worries
Rupee weakens to a low of 90.13 per US dollar, eclipsing its previous all-time low of 89.9475 hit on Tuesday
Rupee falls to 90/USD on persistent outflows, trade deal limbo
The Indian rupee has fallen below the significant 90 mark against the U.S. dollar. This marks a continuation of its recent struggles. Weak trade
OpenAI rival Anthropic may launch IPO next year
Anthropic, the artificial intelligence (AI) start-up backed by Google and Amazon, is preparing for an initial public offering (IPO) as early as 2
Corteva investing in hybrid wheat for India, commercial seeds expected in 10-15 years
The technology could help boost wheat production per acre and free up farmland for other strategic crops like corn for ethanol and mustard for ed
In a SIR moment, Apeda makes 100% verification of Indian organic farmers a must
Verification should be made withing 3 months from November 3 or grower groups could face problems
Why a weak rupee could be Indias hidden strength: LotusDew CEO on global market shifts
Despite India's strong 8.2% GDP growth, markets showed muted reaction as optimism was largely priced in. Geopolitical tensions and trade uncertai
MPC meeting: RBI's three day monetary policy discussions begin today - Another repo rate cut coming?
The RBI's monetary policy committee is meeting to review growth and inflation data, with GDP expanding robustly while inflation cools to a multi-
IndiGo shares in focus as InterGlobe Aviation faces Rs 117 crore tax penalty
InterGlobe Aviation, the parent of IndiGo, disclosed receiving a Rs 117.52-crore penalty order from the CGST authorities for alleged wrongful inp
Bank Holiday Today, 3 December: Banks in Goa will remain shut on 3 December to observe the feast of St. Francis Xavier, which is the death annive
Yes Bank among 4 midcap stocks showing bullish RSI upswing
4 stocks were highlighted in the RSI Trending Up scan, based on data from StockEdge.
Sensex, Nifty set to reverse 3-day declining trend
Foreign investor outflows worth 3,642 crore on Tuesday, pressured the rupee, which weakened to a record low of 90 per US dollar
Emmvee Photovoltaic and four other stocks flash bullish signals
A White Marubozu is a bullish candlestick pattern that forms when the opening price is the lowest for the period and the closing price is the hig
Adani Group to invest 1.24 lakh crore in Indias airport expansion by 2030
The expansion ties in with a projected increase in Indias air traffic, with passenger numbers expected to more than double to 300 million annuall
Asia-Pacific markets rise after Wall Street's tech-fueled recovery
Bitcoin climbed over 7% to cross the $90,000 mark after a sharp sell-off a day earlier. Asia-Pacific markets rise after Wall Street's tech-fueled
GDP rose 2.1% year on year, marking its strongest expansion since thethirdquarter of 2023when the economy grew at the same rate. Australia's thir
Tamil Nadu Agricultural University secures patent for eco-friendly zinc fertiliser innovation
The innovation introduces a first-of-its-kind chelated zinc fertiliser using an eco-friendly ligand
Canara Bank shares in focus after Rs 3,500-crore Basel III additional tier-1 bond issue
Canara Bank successfully raised Rs 3,500 crore through a new issuance of Basel III-compliant Additional Tier I bonds. The perpetual, unsecured bo

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