Credit negative: Moody’s slams IndiGo for chaos, cites lapses in regulatory planning

Moody’s, the global credit rating agency, says IndiGo’s poor preparation for long-announced aviation regulations led to major flight disruptions and is viewed as credit negative. The agency adds that the…

Sensex ends over 300 points higher, Nifty gains despite market volatility

Dalal Street ended the week on a positive note as benchmark indices closed higher on Friday, shaking off a choppy start triggered by global uncertainty. The S&P BSE Sensex rose…

Are you saving enough for retirement? Why the Rs 1 crore target is outdated

For most working Indians, retirement planning begins with a guess. A round number. Something that feels big enough. A crore. Maybe Rs 1.5 crore if you want a buffer. But…

Sensex slides 600 points, Nifty slips below 26,000 as FII selling spooks Dalal Street

Benchmark stock market indices ended Monday’s session deep in the red as relentless selling by foreign institutional investors (FIIs) and a spike in volatility rattled investor confidence on Dalal Street.…

Selling your gold or silver mutual fund? Read this before you pay tax

Gold and silver prices have been moving sharply, and many investors are quietly booking profits. But just when the gains look comforting, the tax calculation often comes as a surprise.…

Sensex, Nifty open flat amid volatility, IT stocks continue to decline

Dalal Street’s main indices opened on a cautious note on Friday as global volatility and escalating US–Iran tensions continued to weigh on investor sentiment. The benchmark indices were largely flat…

Rupee falls 9 paise to close at 89.96 against US dollar

The rupee depreciated 9 paise to close at 89.96 (provisional) against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows. Forex traders…

After 12 long years, NSEL investors’ hopes of getting back their money brightens

Salil Maaru, 56, never thought he would be second time lucky with his investment made through National Spot Exchange. On the advice of his stock broker, Maaru made his first…

Large Indian refiners return to Russian crude as discounts deepen

Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries…

Hindalco, Tata Steel lift metals as HDFC Bank, IndiGo drag markets in volatile session

Equity markets staged volatility on Wednesday as investors turned cautious ahead of key global cues, particularly the US Federal Reserve’s rate decision, while pressure from a weak rupee, foreign fund…