The rupee on Tuesday slid to a fresh record low, breaching the 91-per-dollar mark for the first time during intra-day trade, before recovering partially to end 15 paise weaker at 90.93 against the US dollar, amid persistent foreign fund outflows and uncertainty over India–US trade negotiations.The domestic currency initially dropped as much as 36 paise…
The Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images Nasdaq is moving closer to around-the-clock stock trading, a shift that some on Wall Street are calling unnecessary — and potentially destabilizing. The exchange said it plans to submit paperwork to the Securities and Exchange Commission…
MUMBAI: Mumbai: Axis Bank expects India’s economy to grow 7.5% in real terms in FY27 and is not unduly worried about recent weakness in the rupee, arguing that macro headwinds are easing and could turn into tailwinds next year.Presenting the bank’s outlook for 2026, Neelkanth Mishra, chief economist at Axis Bank, said India would remain…
NEW DELHI: Gujarat government on Tuesday imposed an immediate ban on the storage, sale, and distribution of rolling papers and pre-rolled cones, citing health risks, the state home department said.These ultra-thin paper sheets and cones are commonly sold at grocery stores and paan shops across the state. They are mainly used by tobacco smokers to…
Representative image made with AI Global Capability Centres (GCCs) are recruiting technology professionals at a rate four times faster than IT services companies, representing the most significant employment transformation in India’s IT sector in ten years.GCCs are increasing their workforce by 18-27% annually, whilst IT services grow at 4-6%, as per TeamLease Digital’s statistics, cited…
The U.S. Federal Deposit Insurance Corp. has rolled out the first official rule proposal stemming from the new law governing stablecoin issuers, with its board voting Tuesday to open a 60-day public comment period on its system for handling applications from its regulated banks looking to issue stablecoins from subsidiaries. The agency — led by…
Warren Buffett’s lessons don’t just extend to markets and investment – they are often regarded as pearls of wisdom for dealing with life’s ups and downs. (AP file photo) Warren Buffett is known for many things – he is one of the richest persons in the world, a master of investment, the ‘Oracle of Omaha’,…
Aviation turbine fuel (ATF) sales declined by over 4 per cent in early December, driven by IndiGo‘s widespread flight cancellations, according to preliminary industry data released on Tuesday. The aviation sector in India had shown steady growth in jet fuel demand for two years following recovery from Covid-related disruptions. However, this pattern shifted when IndiGo…
Conclave on Vasudhaiv Kutumbakam – Civilisational Dialogue was organised jointly by the Centre for Studies in International Relations (CSIR), Jamia Millia Islamia, and MAKAIS, Kolkata. The event took place on Tuesday, December 16, 2025, and included an inaugural session followed by three plenary discussions.In a special address, Sunil Ambekar, Akhil Bhartiya Prachar Pramukh of RSS,…
Thinking of investing in stocks but wondering which picks will offer the fastest returns? Identifying consistent wealth creators can be tricky as the stock market is volatile. Motilal Oswal Financial Services has released a list of the top 10 fastest wealth-creating stocks over the past five years, from 2020 to 2025. The brokerage has defined…
