Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate‘s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…
Analysts indicate favourable conditions for equities, citing reduced retail inflation, export policy support measures, and positive corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 was below 25,800, BSE Sensex was down almost 300 points. At…
MUMBAI: Your next pack of Biscoff cookies will be made in India which also means you will be paying less for them. The Belgian brand from the house of Lotus Bakeries has started local production in India in partnership with Cadbury chocolates and Oreo cookies maker Mondelez as the family run Brussels listed company plans…
The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie Mac, quoted by AP, reported on Thursday that the long-term mortgage rate increased to 6.24 per cent from 6.22 per cent the previous week. A year earlier, the rate stood at 6.78 per…
Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an industry…
AI image used for representative purposes India has urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products to further strengthen bilateral trade ties.During his visit to Moscow, Commerce Secretary Rajesh Agrawal highlighted opportunities for expanding trade and proposed measures to improve market access, the commerce ministry said in…
Michael Burry, the renowned “Big Short” investor, has terminated his hedge fund, Scion Asset Management’s registration. According to the Securities and Exchange Commission’s database, Scion’s status changed to “terminated” as of November 10, eliminating the need for regulatory filings, as reported by Reuters.Scion, which controlled $155 million in assets as of March, has been closely…
Stock markets in the United States were at a low as investors await further economic indicators. The S&P 500 declined by 0.4% in early Thursday trading, moving away from its recent record high achieved in the previous month. The Dow Jones Industrial Average dropped 41 points, while the Nasdaq composite fell 0.7%. After the longest…
State Bank of India, the country’s largest lender, said it aims to complete the modernization of its core banking infrastructure within two years. Speaking at the Singapore FinTech Festival 2025, Ashwini Kumar Tewari, managing director (corporate banking & subsidiaries), said the bank is transforming its legacy systems through what he called a “four-axis strategy” of…
Footfall drops in popular Delhi markets Central Delhi’s bustling wholesale and retail markets have fallen unusually quiet following Monday’s explosion near the Red Fort, which killed 13 people and injured several others. Many outstation buyers, wary of security concerns, are now opting for online shopping instead of travelling to the capital. Trading activity has been…