RIL share price: Mukesh Ambani-led Reliance Industries adds whopping $40 billion in market cap in 2025; best rally over Nifty50 in last 5 years

RIL shares are actually outperforming the Nifty50 benchmark index by the biggest gap seen in five years. (AI image) RIL share price: Shares of Mukesh Ambani-led Reliance Industries are seeing a big rally this year, beating the Indian equity benchmark indices in returns after two years. The rally in RIL stock has added a whopping…

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Gold price prediction today: What’s the gold rate outlook for July 18, 2025; does a ‘buy on dip’ strategy make sense?

Gold price prediction: Gold prices have shown resilience around key support levels. (AI image) Gold price prediction today: Gold prices have been somewhat stable in the last few days, with safe haven assets being in focus even as global economic uncertainty wanes despite US President Donald Trump’s tariff policies. A strong dollar has capped gains…

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SBI’s record Rs 25,000 crore QIP subscribed 3X

MUMBAI: State Bank of India’s Rs 25,000 crore qualified institutional placement (QIP) has been oversubscribed by over three times, with investment bankers expecting bids to touch Rs 1 lakh crore.The Life Insurance Corporation of India and domestic mutual funds such as HDFC Life and ICICI Prudential Life were among the top investors who bid for…

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Netra MkII AWACS project: India to develop next-gen airborne warning systems to boost IAF’s long-range surveillance; Rs 20,000 crore project approved

The government has approved an approximately Rs 20,000 crore AWACS project, a major step toward boosting the Indian Air Force’s airborne surveillance and early warning capabilities. Under this programme, India will develop next-generation indigenous airborne early warning and control systems (AEW&C), positioning the country among a select group with advanced homegrown military radar technology.The programme,…

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Tariff threats & trade wars: Tata Motors-owned Jaguar Land Rover cuts hundreds of jobs in UK; here’s what’s happened

Tata Motors-owned Jaguar Land Rover (JLR) has confirmed it will cut around 500 managerial jobs in the UK as part of a “limited” voluntary redundancy programme, aligning with its ongoing business transformation strategy.The move on Tuesday comes as the luxury car manufacturer aims to streamline its leadership workforce and improve efficiency amid global economic headwinds…

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‘De-dollarisation not on agenda’: India rebuffs Brics currency conspiracy claims; exploring cross-border rupee use

MEA Spokesperson Randhir Jaiswal (Image credits: ANI) India on Thursday reaffirmed that de-dollarisation is not part of the Brics agenda, and that the member nations are only discussing cross-border payments using local currencies.At a weekly media briefing, ministry of external affairs (MEA) spokesperson Randhir Jaiswal said, as quoted by ANI, “We had a highly successful…

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