The diversification strategy that India adopted after the US imposed a steep 50% tariff on Indian goods, is beginning to yield early gains.With exporters suddenly facing the higher duty, introduced in two phases: 25% from 7 August and doubled to 50% from 25 August, many have turned towards alternative markets across Asia, Europe and the…
Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering. Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times.While…
Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…
Railway minister Ashwini Vaishnaw recently said that two rakes of Vande Bharat sleeper trains will be launched together. Vande Bharat sleeper train: Indian Railways is aiming to launch the first Vande Bharat sleeper train in the coming months, but ahead of its launch the Ministry of Railways has highlighted concerns regarding the quality of furnishings…
The vast wealth lying idle in lockers can be put to productive use through this scheme. Someone with 100 grams of gold can earn up to Rs 25,000 a year on the investment. (AI image) Gold has often been derided as a dead investment that neither gives dividends nor earns income for the investor. But…
Poland and other countries across Europe that found economic success in an era of collaboration are now facing a crumbling of international alliances. Source link
Trading on the stock markets will take a pause on November 5, Wednesday, as both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for Guru Nanak Jayanti. The NSE’s and BSE’s official trading calendar listed the holiday under Prakash Gurpurb Sri Guru Nanak Dev. With the closure, there will…
Market experts expect that stock market movements will be influenced by corporate results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was above 25,750, BSE Sensex was above 84,000. At 9:16 AM, Nifty50 was trading at 25,772.75, up 9 points or…
Banks across several states will remain closed on Wednesday, November 5, as the country observes Guru Nanak Jayanti and Kartik Purnima. With banking counters shut in multiple regions, many customers are looking for clarity on which states will have bank holidays, especially those planning in-person branch visits or time-sensitive transactions. Banks in which states remain…
MUMBAI: Global private equity giant KKR is looking to expand its presence in several sectors in India including consumer, technology, financial services, infrastructure, healthcare, insurance and real estate. KKR is also bullish on growing its private credit business in the country and is closely tracking the manufacturing space within the global shift towards a ‘China…
