MUMBAI: The Rs 10,600-crore IPO for ICICI Prudential Mutual Fund was subscribed 72% on day 1 with the institutional investors portion subscribed nearly two times. The high net worth part was subscribed 37%, the retail portion 21% while the part reserved for shareholders of ICICI Bank was subscribed 44%. Through the bidding round, Prudential Corp…
The Ethereum Foundation’s new mandate — a sweeping document released Friday to clarify the organization’s role and principles — sparked a torrent of reactions, with supporters praising it as a long-overdue articulation of the blockchain’s ethos and critics saying it reinforces the foundation’s hands-off approach at a time when Ethereum needs stronger leadership to meet…
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NEW DELHI: Vehicle owners will now have to pay double the amount for fitness tests for their motorcycles and cars that are over 20-years-old. As per a road transport ministry, the revised charge is now Rs 1,000 for such two-wheelers and Rs 2,000 for cars. The charge for 15-year-old vehicles remains unchanged at Rs 400…
The crypto market dropped back on Thursday with bitcoin BTC$80,861.14 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The broader market is showing early signs of a bullish reversal…
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Your day-ahead look for Jan. 13, 2026 Source link
For a “Viksit Bharat” to endure, national success must be measured by the financial resilience of Indian families. (AI image) By Sumit Madan The Union Budget 2026 arrives at a defining juncture of India’s ascent, where progress must be measured not merely by the velocity of our growth, but by the resilience of the nation’s…
NEW DELHI: India has inked a joint venture cooperation agreement with France to domestically produce the ‘Hammer’ smart precision guided air-to-ground weapons, which were used in the cross-border hostilities with Pakistan under Operation Sindoor in May.The JV agreement for the Hammer weapons, which are designed to destroy bunkers and hardened shelters at ranges of around…
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