The Indian rupee weakened on Wednesday, weighed by a jump in oil prices on renewed hostilities in the Middle East and weakness in local stocks while likely market intervention by…
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Nestlé India maintains ₹2,000 crore capex as India’s premium market holds strong
Chairman and Managing Director Manish Tiwary said the top end of India’s consumer market continues to remain resilient despite pressure on urban middle-class spending, as the company maintains annual capital…
Life after IPL: how JioHotstar plans to keep viewers and advertisers hooked without cricket
As the Indian Premier League (IPL) draws to a close, JioHotstar is leaning on a bouquet of offerings—for viewers and advertisers alike—to retain the swell of traffic it gets during…
India-US trade deal weeks away as negotiators resolve 99% of issues, says US Ambassador Sergio Gor
MUMBAI: India and the US have resolved 99% of the issues holding up an interim trade agreement and are likely to finalize the deal within weeks, US Ambassador Sergio Gor…
Nestlé India flags shaky demand from urban middleclass as incomes lag
Mumbai: India’s urban middleclass may be emerging as the weak link in the consumption story, with its income growth failing to keep pace with inflation and prompting consumers to defer…
Want to add a nominee to your EPF account? Here’s how; all other FAQs about nomination process answered
The retirement fund body, the Employees’ Provident Fund Organisation (EPFO) is offering EPF and voluntary provident fund (VPF) at 8.25% interest this quarter for salaried citizens. Notably, subscribers are eligible…
Getting married? Fix these 5 financial red flags before they ruin your future together
Marriage is often defined as a union of souls. Still, in reality, it is also the coming together of two families and the financial futures of two individuals. Couples often…
Adani bags Bandra and Worli, JSW-led consortium to revamp SVP Nagar
MUMBAI: The Maharashtra Housing and Area Development Authority (MHADA) has finalised the builders who will redevelop three prime areas of Mumbai—Adarsh Nagar in Worli, Bandra Reclamation and Sardar Vallabhbhai Patel…
Maharashtra govt buys iconic Air India building for ₹1,601 crore, aims to cut annual expenditure
MUMBAI: Nearly two years after the centre gave the green light, the Maharashtra government officially signed a ₹1,601 crore deal to acquire the iconic Air India building. The agreement was signed…
Sensex rebounds 850 points from day’s low to end 300 points down: 10 key highlights from Indian stock market today
The Indian stock market resumed its losing run after a one-day hiatus on Wednesday, 3 June, although it closed significantly off the day’s low, signalling some low-level buying by investors.…