BUSINESS

Odds of rate hike at RBI’s October MPC meet on the rise: Economists

Odds of rate hike at RBI’s October MPC meet on the rise: Economists

Economists expect the RBI’s inflation mandate and tighter liquidity conditions to increase the likelihood of rate hikes in October and…
IOC expands Xtreme Weather Grade diesel supply to Army’s Eastern Command

IOC expands Xtreme Weather Grade diesel supply to Army’s Eastern Command

Indian Oil Corporation has dispatched its first rake of Xtreme Weather Grade high-speed diesel for the Army’s Eastern Command, extending…
Rupee gains 19 paise, ends at 95.80 against US dollar

Rupee gains 19 paise, ends at 95.80 against US dollar

The rupee gained 19 paise to close at 95.80 against the US dollar, supported by improved global risk sentiment and…
Sensex gains 315 points, Nifty up 77 as crude eases, US-Iran deal hopes lift sentiment

Sensex gains 315 points, Nifty up 77 as crude eases, US-Iran deal hopes lift sentiment

Indian equity markets rebounded on Friday, with the Sensex gaining 315 points and the Nifty adding 77 points, amid easing…
UPI MDR is not a tax or surcharge, says Nirmala Sitharaman

UPI MDR is not a tax or surcharge, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the proposed 0.4 per cent MDR on select UPI transactions above Rs 2,000 is not…
India credit card spending growth slows in August as competition intensifies

India credit card spending growth slows in August as competition intensifies

India’s credit card spending growth slowed in August, with HSBC and Jefferies flagging muted momentum and profitability pressures. Card additions…
Govt evaluating financial bids for IDBI Bank strategic sale: Sources

Govt evaluating financial bids for IDBI Bank strategic sale: Sources

The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for a 60.72 per cent stake…
Ekkaa Electronics files papers for Rs 725 crore IPO

Ekkaa Electronics files papers for Rs 725 crore IPO

Ekkaa Electronics has filed draft papers with Sebi to raise Rs 725 crore through an IPO, comprising a fresh issue…
Rupee rises 14 paise to 95.85 against US dollar in early trade

Rupee rises 14 paise to 95.85 against US dollar in early trade

The rupee gained 14 paise to 95.85 against the US dollar in early trade on Friday, supported by positive domestic…
Brent crude hovers around $106 amid hopes of Strait of Hormuz deal

Brent crude hovers around $106 amid hopes of Strait of Hormuz deal

Oil prices fell as reports of US-Iran talks raised hopes of reopening the Strait of Hormuz and easing supply disruptions.…
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