This is an AI-generated image, used for representational purposes only India, Russia and China on Thursday reacted to a sweeping US sanctions bill that gives President Donald Trump the authority to impose tariffs of up to 100 per cent on countries including India and China over purchases of Russian oil and gas.The US House of … Read more
Case relates to Daiichi Sankyo’s efforts to enforce its arbitral award against the erstwhile promoters of Fortis Healthcare (file photo) In another twist to the protracted battle against Fortis Healthcare and Japan’s Daiichi Sankyo, the former has filed an appeal in the Supreme Court against a recent Delhi high court order requiring a forensic audit … Read more
The biggest impact is likely to be on employees whose PF wages fall between Rs 15,000 and Rs 25,000 per month. For many employees, provident fund (PF) is a deduction they notice on their salary slip every month but rarely think about until they change jobs, need funds for an emergency or start planning for … Read more
The three-day issue will remain open until September 21. (Image for representative purpose only) NSE IPO: SEBI Chairman Tuhin Kanta Pandey said on Thursday that the regulator has not received any proposal from the National Stock Exchange (NSE) seeking permission to trade on its own platform after its listing.“No, there is no such letter, and … Read more
File photo: N Chandrasekaran The Tata Sons board has approved a fresh five-year term for N Chandrasekaran as executive chairman of the Tata Group, reversing his decision last month not to seek reappointment, according to sources cited by Reuters and news agency ANI.The reappointment was approved at a Tata Sons board meeting held in Mumbai … Read more
With momentum staying on the negative side, gold looks well-placed to extend its corrective move through the sessions ahead. Gold and silver price prediction today: Both gold and silver prices are expected to remain under pressure in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. Below is his … Read more
Fed hikes rates to 3.75%-4%: FAQs on what it means for credit cards, mortgages, car loans and savings The US Federal Reserve has raised its benchmark interest rate by a quarter percentage point, taking the target range to 3.75%-4%. It is the first rate hike since the summer of 2023.The move is aimed at tackling … Read more
The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments, … Read more
Shares of industrial gas producer Steamhouse India made a strong market debut on Thursday, listing at Rs 93 on the BSE, a 14.81 per cent premium over the IPO issue price of Rs 81. On the NSE, the stock opened at Rs 94.50, marking a 16.66 per cent premium. The company’s market valuation stood at … Read more
Jewellers will now have to pay Rs 75 for hallmarking each gold article, with a minimum charge of Rs 200 for every consignment. Ahead of the festive season, the price of hallmarking gold articles has been raised by the Bureau of Indian Standards (BIS). Earlier gold hallmarking cost was at Rs 45. Now it has … Read more