The recent petrol and diesel price hikes may soon begin showing up where it hurts most for households — grocery bills, online deliveries, medicines and everyday products. India’s transport industry…
Category: Testing
Silver slips by more than Rs 4,000: 3 key reasons behind the sharp fall
Silver prices took a sharp hit on Thursday, leaving many investors surprised. On the Multi Commodity Exchange (MCX), silver slipped by more than Rs 4,000, falling Rs 4,153 to Rs…
RBI announces $5 billion swap auction amid rupee weakness
The Reserve Bank of India (RBI) has announced a USD 5 billion dollar-rupee swap auction scheduled for May 26 to inject long-term liquidity into the banking system. The move comes…
India’s power demand hits fresh record for 3rd straight day amid heatwave
India’s electricity demand climbed to a fresh record high for the third day in a row on Wednesday as soaring temperatures across several parts of the country pushed up the…
Nvidia’s AI gold rush continues: Posts record revenue, announces $80 billion buyback
The artificial intelligence boom continues to mint money for the world’s most valuable company, Nvidia. The chip giant on Wednesday reported another blockbuster quarter, posting record revenue and profit numbers…
Could the rupee ever hit 150 against the US dollar?
Rs 150 for one US dollar sounds less like an exchange rate and more like the kind of number associated with an economy in deep trouble. Which is precisely why…
Sensex, Nifty open higher as crude oil eases on hopes of Iran peace deal
stock markets opened higher on Thursday as easing crude oil prices and hopes of a possible peace deal between the US and Iran lifted investor sentiment. The BSE jumped 345.02…
Parle Industries stock hits 5% again as ‘Melody’ Buzz conitnues to fuel rally
Shares of Parle Industries continued their rally for a second straight session on Thursday, hitting the 5% upper circuit amid heightened investor interest following the viral “Melody” moment involving Prime…
Why have cab and auto drivers called a 3-day strike in Delhi-NCR
Commuters across Delhi-NCR may face longer waiting times, fewer cabs and autos on roads, and higher fares over the next three days as more than While the protest includes several…
Silent listings? Why companies are going for confidential IPO filings
Rising tensions in West Asia are now beginning to reshape India’s IPO market, with more companies reportedly considering confidential filings for their stock market debut as uncertainty grips global financial…