Business

Mumbai: The rupee today hit a new low in the Mumbai currency market due to the sharp rise of the dollar against the rupee. This morning, after opening at Rs 84.78, the dollar jumped to a new high of Rs 84.86 and finally closed at Rs 84.85. Today the rupee …

The race to buy stake in India’s leading packaged snack and sweets company Haldiram has intensified. Three major companies are involved in this race – Blackstone, Bain Capital, and Alpha Wave Global. Haldiram’s, which is not only in the snacks and sweets business but is also active in restaurant operations, …

Mumbai: Equity mutual fund inflows fell 14.20 per cent to Rs 35,943.49 crore in November from Rs 41,887 crore in October. Data from the Association of Mutual Funds of India (AMFI) showed overall inflows slowed as investment in large-cap and thematic-sector funds slowed. The overall variation in flows into the …

Mumbai: Shaktikanta Das, who retired from the post of Governor of Reserve Bank of India (RBI) today, said while talking to journalists that establishing a balance between inflation and growth will be an important task for the Reserve Bank in future. Addressing his last press conference today after spending six …

Mumbai: Gold and silver prices increased rapidly in Mumbai’s jewelery market today. Market sources say that due to the rise in the global market and the dollar reaching a new peak against the rupee at the domestic level, the import cost of imported gold and silver in the country has …

Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has decided to provide T+0 i.e. same trading day settlement cycle for settlement for top 500 stocks in the cash market from December 31, 2024. This alternative T plus zero settlement will be made available in shares of the …

Crude oil prices are continuously fluctuating in the international market. On that basis, the prices of petrol and diesel are decided across the country. However, there has been no change in oil prices at the national level for a long time. Then today i.e. on 11th December 2024, there has …

36 minutes ago Business The stock market started with a rise on the third day of the week. However, the market opened with slight gains. Then at 9.33, Sensex opened 34.38 points higher at 81,544.43 while Nifty opened with a gain of 20.20 …

Sanjay Malhotra will replace Shaktikanta Das as the Governor of the Reserve Bank of India (RBI) with effect from tomorrow, December 11. Then they will have to face the triple challenge of growth, inflation and value of rupee against the dollar. Current Governor Shaktikanta Das is still struggling with these …

Amazon Quick Service is a company which has started delivery service in 15 minutes to any market in the world. The company will make 1,000-2,000 products available in this service in Bengaluru. Swiggy and Zepto are soon going to face tough competition in India. Actually, e-commerce company Amazon has decided …