[ad_1] India has been facing increasing pressure from the Trump administration to stop its crude oil imports from Russia. (AI image) India has been facing increasing pressure from the Trump administration to stop its crude oil imports from Russia. Of the 50% tariffs imposed by the US on India, 25% are penal tariffs for its…
[ad_1] Shares of InterGlobe Aviation, the parent of IndiGo, have fallen more than 7 per cent over the past four trading sessions as the airline battles a severe operational crisis that has triggered large-scale flight cancellations and left thousands of passengers stranded.On Friday, the stock slipped 1.22 per cent to close at Rs 5,371.30 on…
[ad_1] India’s foreign exchange reserves fell by $1.877 billion to $686.227 billion for the week ended November 28, the Reserve Bank of India (RBI) said on Friday. The decline comes after a sharper $4.472 billion drop in the previous reporting week, when overall reserves slipped to $688.104 billion, PTI reported.According to RBI data, foreign currency…
[ad_1] Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in…
[ad_1] Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any specific price level or band for the rupee, and allows the currency to find its own “correct” value in the market, even as it hovers near the 90-per-dollar mark, PTI reported. “We don’t target any price levels or any…
[ad_1] Skip Bengaluru. Take a trip to Thailand instead. Or Vietnam. Or London. Or even Singapore. All at a much much much cheaper rate than Delhi to Bengaluru, Goa, Pune or Goa. But you cannot travel to Hyderabad, at least not on Friday, because the tickets are sold out. Ironically, IndiGo flight tickets are available.The…
[ad_1] Fixed deposit investors may soon face another round of interest rate cuts after the RBI announced reducing the repo rate for the fourth time this year. The central bank on Friday reduced the interest rate by 25 basis points to 5.25%, which is down 125 basis points from the 6.5% level at the start…
[ad_1] MUMBAI: The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25%, down from 5.50% in the October 1 policy review, while retaining a neutral stance. The RBI also hiked FY26 GDP forecast to 7.3% from 6.8% earlier and lowered inflation forecast to 2%.RBI governor Sanjay…
[ad_1] Inflation at a benign 2.2 per cent and growth at 8.0 per cent in H1:2025-26 present a rare goldilocks period, said RBI. RBI monetary policy: The Reserve Bank of India (RBI) decided to cut the repo rate by 25 basis points to 5.25% in the December meeting of the Monetary Policy Committee (MPC). While…
[ad_1] Online shopping platform Meesho’s initial public offering (IPO) has entered its third and the last day of bidding, with the issue oversubscribed 9.07 times so far. The issue continues to attract high interest from investors, with bids having been received for 221 crore shares against 27.79 crore shares on offer. The IPO has also…