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Business

Gold Prices Dip Slightly on Dhanteras Despite Record Festive Demand
Business

Gold Prices Dip Slightly on Dhanteras Despite Record Festive Demand

Gold prices retreated from record highs on Dhanteras, falling by Rs 2,400 to Rs 1,32,400 per 10 grams for 24-karat gold, even as buyers thronged...

Oct 19
2 min read
Meesho Files for IPO, Aims to Raise $485 Million; Could Mobilise Up to $800 Million
Business

Meesho Files for IPO, Aims to Raise $485 Million; Could Mobilise Up to $800 Million

SoftBank-backed Meesho, India’s homegrown ecommerce platform for small sellers, has revealed plans to raise $485 million through a primary issue, alongside an offer for sale...

Oct 19
2 min read
Lenskart Eyes $9 Billion IPO, Founder Peyush Bansal Set for Multi-Hundred-Million Windfall
Business

Lenskart Eyes $9 Billion IPO, Founder Peyush Bansal Set for Multi-Hundred-Million Windfall

Eyewear giant Lenskart Solutions Ltd. is preparing for a public listing in Mumbai as soon as next month, targeting a valuation of $9 billion, according...

Oct 17
2 min read
Rupee Strengthens for Second Day, Closes at 87.87 Against the Dollar
Business

Rupee Strengthens for Second Day, Closes at 87.87 Against the Dollar

The Indian rupee gained 21 paise on Thursday, closing at 87.87 (provisional) against the U.S. dollar, marking its second consecutive session of gains amid a...

Oct 17
2 min read
Supreme Court Declines to Intervene in Roche vs Natco Patent Dispute over SMA Drug
Business

Supreme Court Declines to Intervene in Roche vs Natco Patent Dispute over SMA Drug

The Supreme Court on Friday refused to stay the Delhi High Court’s order allowing Natco Pharma to manufacture and sell a generic version of Risdiplam,...

Oct 17
2 min read
Gold Hits Record ₹1.32 Lakh per 10g as Investors Seek Safe-Haven Amid Global Uncertainty
Business

Gold Hits Record ₹1.32 Lakh per 10g as Investors Seek Safe-Haven Amid Global Uncertainty

Gold prices in India soared to an all-time high of ₹1,32,294 per 10 grams in domestic futures trade on Friday, reflecting strong safe-haven demand amid...

Oct 17
2 min read
Gold Nears Record High as Fed Rate Cut Expectations and US-China Trade Tensions Boost Safe-Haven Demand
Business

Gold Nears Record High as Fed Rate Cut Expectations and US-China Trade Tensions Boost Safe-Haven Demand

Gold (XAU/USD) drew buyers on Thursday, climbing to around $4,210 in early Asian trade, approaching fresh all-time highs. The rally is being driven by expectations...

Oct 16
2 min read
India’s Trade Deficit Hits 13-Month High as Exports Rise Modestly Despite US Slowdown
Business

India’s Trade Deficit Hits 13-Month High as Exports Rise Modestly Despite US Slowdown

India’s trade data for September reveals a complex picture: while total goods exports grew 6.74% to $36.38 billion, exports to the United States dropped sharply...

Oct 16
3 min read
Rupee Strengthens to 87.68 Against Dollar Amid RBI Support and Positive Market Sentiment
Business

Rupee Strengthens to 87.68 Against Dollar Amid RBI Support and Positive Market Sentiment

The Indian rupee opened stronger on Thursday, appreciating 40 paise to 87.68 against the U.S. dollar in early trade, tracking central bank intervention, a softer...

Oct 16
2 min read
Alliance Air Launches ‘Fare Se Fursat’ to Simplify Air Travel Pricing
Business

Alliance Air Launches ‘Fare Se Fursat’ to Simplify Air Travel Pricing

Fixed Fares Aim to Reduce Booking Stress In a bid to simplify air travel costs for passengers, Civil Aviation Minister Rammohan Naidu Kinjarapu inaugurated the...

Oct 14
2 min read
India’s Retail Inflation Falls to Eight-Year Low at 1.54% in September
Business

India’s Retail Inflation Falls to Eight-Year Low at 1.54% in September

Consumer Price Index Hits Multi-Year Low India’s headline retail inflation, measured by the Consumer Price Index (CPI), dipped to 1.54% in September, the lowest in...

Oct 14
3 min read
Emirates NBD in Talks to Acquire Controlling Stake in RBL Bank for $1.7 Billion
Business

Emirates NBD in Talks to Acquire Controlling Stake in RBL Bank for $1.7 Billion

UAE Bank Eyes Majority Ownership Emirates NBD Bank PJSC, the UAE’s second-largest lender, is reportedly in advanced negotiations with RBL Bank to become the single...

Oct 14
3 min read