Mumbai — In a major strategic move, Federal Bank on Friday announced that its Board of Directors has approved the sale of a 9.99 per cent stake to an affiliate of global private equity giant Blackstone for ?6,196.5 crore.
The transaction…
New Delhi — Maruti Suzuki India Limited announced that its Jimny 5-door SUV has achieved a significant milestone, surpassing 1 lakh units in cumulative exports from India.
The Jimny 5-door began its export journey in 2023, shortly after…
New Delhi — India’s Unified Payments Interface (UPI) is witnessing a festive season surge, with average daily transaction value in October reaching Rs 94,000 crore, a 13 per cent rise over September, according to data from the National…
Mumbai — After touching record highs earlier this week, gold and silver prices eased on Tuesday as investors took profits, even as festive jewellery sales during Dhanteras soared by 35–40 per cent across India.
Silver Exchange Traded…
Mumbai — Stock markets lit up on Diwali Monday as investors welcomed the festive week with strong buying momentum. The Sensex surged 661 points (0.8%) to 84,614, while the Nifty climbed 191 points (0.74%) to touch 25,901, reflecting upbeat investor…
New Delhi – The government on Saturday said that the benefits of recent GST cuts, effective from September 22, are being extended to consumers during the festive season, with consumption seen as a key driver of economic growth.
Addressing…
New Delhi — The Inland Waterways Authority of India (IWAI) has officially transferred operations of the Haldia Multi-Modal Terminal (MMT) in West Bengal to IRC Natural Resources, aiming to strengthen inland waterway infrastructure and promote…
New Delhi — Despite gold prices soaring to record highs, festive and cultural traditions are expected to keep demand resilient this Diwali season, while silver’s industrial importance could push its price beyond $50 per ounce, according…
New Delhi — India’s merchandise exports grew 6.75 per cent in September to $36.38 billion compared to the same month last year, despite the impact of higher tariffs imposed by the United States, according to Commerce Ministry data released…
New Delhi – Shares of LG Electronics India (LGEIL) soared 50.4% on their stock market debut on Tuesday, giving the company a market valuation of $13.07 billion (Rs 1.15 lakh crore) — surpassing the market capitalization of its South Korean…