It’s trousers that have levels— the retro high-rise, the classic mid-waist or the bold low-waist. For currencies, there’s no fundamentally virtuous level. On a downhill roll, the Indian on Wednesday,…
Author: Admin
Rupee hits record low, inches closer to 97 against US dollar
The rupee weakened to a record low of 96.88 against the US dollar on Wednesday, pressured by surging US bond yields, elevated crude oil prices and persistent strength in the…
Indian government bonds drop on US Treasury selloff, rupee slides
Indian government bonds edged lower early Wednesday as rising US Treasury yields dimmed the appeal of emerging-market debt and spurred outflows, weighing on the rupee. The benchmark 6.48 per cent…
Hindalco shares soar 4% despite Novelis Q4 loss — What brokerages are saying?
Shares of surged nearly 4 per cent on Wednesday, recovering from a weak opening, as investors weighed mixed brokerage views on subsidiary Novelis despite the company reporting a loss linked…
Rupee slides to record low of 96.91, extends losing streak to seven sessions
The Indian rupee touched a fresh all-time low of 96.91 against the US dollar in early trade on Wednesday, extending its losing streak to seven consecutive sessions as surging US…
LinkedIn sacks over 600 employees across roles, as Meta begins AI-driven layoffs: Report
has announced job cuts for over 600 employees which will take effect on July 13, according to a report in New York Post. The report cited a Worker Adjustment and…
Blackstone pledges all its Mphasis shares to raise $700 million and refinance loan
Blackstone has pledged its entire 30.55% stake in Mphasis Ltd and raised an estimated $700 million, an executive said, to refinance a loan taken to fund the private equity firm’s…
Indian banking system robust despite West Asia crisis, falling forex reserves: Experts
Mumbai: Amid the turbulent times following the West Asia escalations, financial leaders have expressed strong confidence in the resilience of the Indian economy and its banking architecture. They dismissed immediate…
Mumbai redevelopment comes with ‘plenty of risks’ but looks ‘very attractive’, says Boman Irani of Rustomjee Group
Mumbai redevelopment comes with ‘plenty of risks’, but everybody is jumping on the bandwagon because it looks ‘very attractive’, with redevelopment opportunities worth nearly ₹1.30 lakh crore expected to emerge…