After a wait of nearly 10 years, the National Stock Exchange (NSE) has finally taken a major step towards its stock market debut. India’s for its long-awaited initial public offering…
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8th Pay Commission: How fitment factors from 2.57 to 3.83 may change salaries
One number could ultimately decide how much central government employees and pensioners gain under the 8th Pay Commission: the fitment factor. While employee unions have demanded a there is no…
PetroChina, Indian Oil fail to secure tankers to load Iraqi crude, sources say
PetroChina and Indian Oil Corp failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, company and shipping sources said on Thursday, while another Chinese…
Silver futures tumble over 3% to ₹2.42 lakh/kg as Fed signals keep pressure on bullion
Silver futures plunged by ₹8,817 to ₹2.42 lakh per kg on Thursday, tracking weak global trends after the US Federal Reserve’s latest policy signals strengthened the dollar and dampened investors’…
Myntra’s EORS drives 1.3X growth in first-time shoppers, led by non-metros, D2C brands
Myntra’s End of Reason Sale recorded 1.3X growth in first-time shoppers compared to last year’s June edition, with non-metro markets driving 55 per cent of that demand. Emerging, Made-in-India D2C…
Mukesh Ambani unveils 5S model; grooms 500 leaders to support family heirs
Reliance Industries Chairman Mukesh Ambani on Friday unveiled a ‘5-S’ blueprint for the company’s ’ institutional longevity, saying the conglomerate’s future will be anchored on Succession, Systems, Standards, Spirit and…
Silver futures sink 4% to ₹2.28 lakh/kg as uncertainty over US-Iran deal hits market sentiment
Silver futures tumbled by ₹8,766 to ₹2.28 lakh per kg on Friday as investors dumped precious metals amid uncertainty over the US-Iran peace agreement and a broader selloff in the…
Gold on track for third weekly loss on firm dollar, hawkish Fed signals
Gold prices fell on Friday and were on track for a third consecutive weekly decline, as a stronger dollar and hawkish signals from the US Federal Reserve weighed on the…
Isha Ambani sets ₹1 lakh-crore business target as Reliance Consumer Products takes on HUL, ITC and Nestle
Isha Ambani on Friday unveiled an ambition to build Reliance Consumer Products Ltd (RCPL) into a ₹1 lakh crore business by FY30, backed by plans to invest ₹30,000 crore in…
India could be on the radar for AstraZeneca’s oral GLP-1 drug: MD
As biopharmaceutical drugmaker AstraZeneca waits in the wings with its oral GLP-1 weight loss and diabetes drug — India could be on its radar, depending on the data from its…