Business

Government mops up 31.5k cr from LIC share sale

The government has successfully divested a 6.5% stake in LIC, generating an impressive Rs 31,552 crore. The strong demand during…

1 month ago

Rupee hits 1-month closing high despite RBI repo rate pause; sliding crude oil prices help

The currency opened 0.5% stronger at 94.92 against the US dollar, its highest level since July 1. It later gave…

1 month ago

US stock market today: Wall Street scales new record highs; oil prices hold steady

Both the S&P 500 and the Dow closed at record highs on Tuesday, while the Nasdaq remained within 2% of…

1 month ago

Who is Tewolde Gebremariam? Meet Air India’s new CEO – all you want to know about him

Tewolde Gebremariam takes over from Campbell Wilson, the New Zealander and former Singapore Airlines executive who was appointed in 2022…

1 month ago

As gold, stock markets lose lustre – why your humble fixed deposit is forever

Experts say that instead of timing the interest rate cycle, fixed deposits should be opted for based on goals and…

1 month ago

Nearly half of India’s workforce wants a new job. Here’s why

Google leads India's most attractive employer brands, with Tata Group and Amazon following closely. Nearly half of India's workforce plans…

1 month ago

India’s services PMI hits over 4.5-year low as demand, new orders lose momentum

India's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business inflows expanded…

1 month ago

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

According to official estimates, the Rs 2,000 threshold would cover only around 5% of all UPI transactions, although these account…

1 month ago