RBI may raise interest rates by 75 bps by June 2027, says Goldman Sachs economist
Goldman Sachs expects the RBI to raise interest rates three times by June 2027, adding 75 basis points. Economist Santanu…
Category: Business
Elon Musk’s net worth slips below $1 trillion mark again
Elon Musk’s fortune dropped $36.4 billion to $991.6 billion as Tesla and SpaceX shares declined, pushing him below the trillion-dollar…
Elon Musk loses trillionaire status again as fortune falls by $36.4 billion
Elon Musk’s estimated net worth fell to $991.6 billion on Thursday after declines in SpaceX and Tesla shares erased $36.4…
Coal supply to power plants gathers pace in October
Coal supplies to Indian power plants rose 9 per cent in October compared with September, while daily stock depletion more…
Rupee gains 23 paise to 96.65 against dollar
The rupee gained 23 paise to 96.65 against the US dollar in early trade on Friday, supported by a softer…
IPOs in India hit record $12.5 billion in Jan-Sep: Report
Indian companies raised a record $12.5 billion through IPOs during January-September 2026, despite market volatility and foreign investor outflows. While…
Sensex, Nifty open higher as IT stocks rally amid PERM developments
Indian equity benchmarks opened higher on Friday, led by IT stocks, with the Nifty IT index gaining over 3 per…
S Jaishankar arrives in Ethiopia to strengthen India’s strategic partnership
External Affairs Minister S. Jaishankar arrived in Ethiopia to strengthen India’s strategic partnership with the African nation. He is scheduled…
GST Council scraps tax officers’ arrest powers, eases rules
The GST Council approved major process reforms, scrapping tax officers’ arrest powers and raising the prosecution threshold to Rs 5…
Trader associations urge NPCI to defer UPI MDR rollout beyond festive season
Trader associations have urged NPCI to postpone the implementation of MDR charges on certain UPI merchant transactions from October 15,…