Business
A measure of demand in the $7.5-trillion-a-day foreign-exchange market is catching the attention of Wall Street, pointing to diminished appetite for the US dollar even during market turbulence that would otherwise send investors flocking to the greenback. Analysts at a handful of banks including Morgan Stanley and Goldman Sachs Group Inc. all point to recent…
Are you someone facing high monthly instalments? To combat such a situation, borrowers with active personal loans can take several sensible and strategic steps to lower EMIs, resulting in improving their finances and improving their budgeting flexibility. Elucidating on the same, Yashoraj Tyagi, CEO, CASHe, says“To reduce EMIs on ongoing personal loans, borrowers can part-prepay,…
MUMBAI : Investors who bought HDB Financial Services’ unlisted shares are in for a rude shock, as the HDFC Bank’s non-banking arm is launching its initial public offering (IPO) at a price band of ₹700-740. Before the announcement, HDB Financial’s unlisted shares were trading at ₹1,250 apiece. As a result, the price of HDB Financial’s…
A 39-year-old woman was found dead in Jeedimetla, under the Medchal-Malkajgiri district, in what is suspected to be a brutal murder carried out by her daughter and her boyfriend. According to the deceased’s kin, the woman had opposed her elder daughter’s relationship with a man named Shiva, whom she had met on social media platform,…
Mumbai: The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday approved the much-debated 802-km six-lane Shaktipeeth Expressway connecting 18 pilgrimage sites, including three and a half Shaktipeeths, two Jyotirlingas and Pandharpur, Ambajogai in the state. The project cost is estimated at Rs 86,300 crore and will pass through 12 districts. The state-run Maharashtra…
National Security Advisor Ajit Doval (File photo) NEW DELHI: National Security Advisor (NSA) Ajit Doval on Tuesday called for “shunning double standards in the fight against terrorism“ at the Shanghai Cooperation Organisation (SCO) held in China.Doval urged the SCO to hold the perpetrators, organisers, financiers, and sponsors of cross-border terrorism accountable, in a call widely…
A Senate proposal to sell millions of acres of public land to help pay for President Donald Trump’s massive package of tax cuts and spending has been blocked by the Senate’s rule keeper. The parliamentarian ruled the proposal — which would have raised billions through the sale of as much as 3 million acres of…
Investors seem to be humming the chorus of Bob Marley’s “Three Little Birds” lately. Don’t worry about a thing ‘Cause every little thing gonna be all right. Wall Street has shrugged off concerns about tariffs and trade, interest rates remaining higher than many consumers (and President Donald Trump) would like, the prospect for slowing earnings…
I am an Indian citizen living in Dubai and own an immovable property in the US. Since the property is in the US, I want to set up a US trust for the benefit of my two sons. One son holds a green card and stays in the US, the other is an Indian resident….
The Income Tax (I-T) department has already extended the due date to file income tax return for FY 2024-25 from July 31, 2025, to September 15, 2025. And thanks to the extension given on May 27, there will obviously be no interest or penalty payable for filing income tax return after July 31. Under 234A,…
From the Sensex constituents, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv and Titan were among the biggest gainers. File | Photo Credit: PTI Equity benchmarks Sensex and Nifty on Tuesday (June 24, 2025) gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid…
FILE PHOTO: A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh/File Photo | Photo Credit: Reuters The rupee recovered from record low level and closed with a steep gain of 75 paise at 86.03 (provisional) against the U.S. dollar as global crude oil prices went down following hopes…
NEW DELHI: Stopping an aircraft with worn out tyres from taking off and allowing it to do so only after changing the same to finding the centre line of a major airport’s runway faded. Ineffective repairs carried out on aircraft leading to recurrence of snags and vehicles on tarmac without speed governors. The DGCA’s ongoing…
New Delhi: Samsung has officially confirmed that its next Galaxy Unpacked event will happen on Wednesday, July 9, 2025. The big launch will take place in Brooklyn, New York, and people in India can watch it live at 7:30 PM IST on Samsung’s YouTube channel or their website. At this event, Samsung is expected to…
West Bengal CM Mamata Banerjee (ANI photo) NEW DELHI: West Bengal chief minister Mamata Banerjee alleged on Tuesday that Bengali migrant workers speaking their native language outside the state were being “labelled as Bangladeshis and sent to Bangladesh”.Accusing the BJP of “playing politics over language”, the Trinamool Congress (TMC) chief said many such cases come…
LONDON (Reuters) -The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries to move rapidly towards the tokenisation of their currencies. The BIS, often dubbed the central bankers’ central bank, outlined its concerns, including stablecoins’ potential to undermine monetary sovereignty, transparency issues and the risk of…
