Read ePaper
Read ePaper
Advertisement

Business

Gold Attracts Strong Investment Inflows Across Asia: China and India Lead the Surge

Gold Attracts Strong Investment Inflows Across Asia: China and India Lead the Surge

08 Nov 2024 14:14 PM IST

Global gold exchange-traded funds (ETFs) have recorded positive demand for the first time in 2024, with year-to-date inflows totaling 18 tonnes, as reported by the World Gold Council. Asia has been a major driver of this trend, leading to a substantial 33% rise in assets under management (AUM) and an
Rupee Hits Record Low of 84.37 Against US Dollar Amid Global Market Shifts

Rupee Hits Record Low of 84.37 Against US Dollar Amid Global Market Shifts

08 Nov 2024 13:57 PM IST

On Friday, the Indian rupee dropped by 5 paise, hitting a historic low of 84.37 against the US dollar in early trading, impacted by ongoing foreign fund withdrawals and a sluggish trend in domestic equities. Forex experts noted that recent rate cuts by the US Federal Reserve indicate a shift
Did You Know? Influencer Orry, a US Citizen, Casts Vote for Trump in 2024 Election

Did You Know? Influencer Orry, a US Citizen, Casts Vote for Trump in 2024 Election

08 Nov 2024 13:21 PM IST

Orhan Awatramani, popularly known online as Orry, has made headlines again, though not for his usual appearances at Bollywood parties. This time, the internet personality is in the news for his role in the 2024 U.S. elections. On Wednesday, Republican candidate Donald Trump was re-elected as the 47th President of
Reliance Power Shares Drop 5% After SECI Bans Company Over Fake Document Allegations

Reliance Power Shares Drop 5% After SECI Bans Company Over Fake Document Allegations

08 Nov 2024 10:27 AM IST

On November 8, shares of Reliance Power fell by 5%, hitting the lower circuit at ₹41.47 on the Bombay Stock Exchange (BSE), following the Solar Energy Corporation of India’s (SECI) decision to ban the company and its subsidiary, Reliance NU BESS, from participating in SECI tenders for the next three
Indian Stock Market Opens in Red Amid Global Tensions and Persistent FII Outflows

Indian Stock Market Opens in Red Amid Global Tensions and Persistent FII Outflows

08 Nov 2024 10:15 AM IST

In a challenging start to Friday’s trading, Indian stock markets saw a notable dip as investors responded to ongoing global uncertainties and a continued outflow of foreign institutional investor (FII) funds. The Sensex fell by 377.73 points to 79,164.55, while the Nifty dropped 121.30 points to 24,078.05. The Nifty 50
Fed Cuts Rates 0.25% Following Trump’s Win And Strong Economic Growth

Fed Cuts Rates 0.25% Following Trump’s Win And Strong Economic Growth

08 Nov 2024 01:59 AM IST

The US Federal Reserve announced Thursday that it has reduced its key interest rate by a quarter-point to approximately 4.6%, marking the second rate cut since September. This move follows a larger half-point reduction earlier this fall and comes as inflation continues to ease from its recent high, now nearing
Former Co-Founder of CloudMagic Inc Rishit Jhunjhunwala Named Truecaller CEO

Former Co-Founder of CloudMagic Inc Rishit Jhunjhunwala Named Truecaller CEO

07 Nov 2024 22:51 PM IST

This comes on the same day as the Income Tax Department conducted multiple raids at the Indian offices on charges of tax evasion.
Swiggy’s IPO Sees 12% Subscription on Day One Amid Rs 11,327 Crore Fundraising Goal

Swiggy’s IPO Sees 12% Subscription on Day One Amid Rs 11,327 Crore Fundraising Goal

07 Nov 2024 16:05 PM IST

Food delivery platform Swiggy received a modest response on the first day of its initial public offering (IPO), reaching just 12% subscription. The Bengaluru-based company, valued at $11.3 billion (around Rs 95,000 crore), aims to raise Rs 11,327 crore, of which Rs 5,085 crore has already been secured from anchor
Gold Prices Dip in India Following Volatility After Donald Trump’s Presidential Win

Gold Prices Dip in India Following Volatility After Donald Trump’s Presidential Win

07 Nov 2024 12:25 PM IST

Gold prices in India saw a decline on Thursday, with the price of 24-carat gold dropping to nearly Rs 78,500 per 10 grams, reflecting market volatility after the announcement of Donald Trump’s victory in the 2024 U.S. presidential election. As of November 7, the price for 24-carat gold, known for
Nifty, Sensex Decline Continues Despite Trump’s Victory

Nifty, Sensex Decline Continues Despite Trump’s Victory

07 Nov 2024 10:10 AM IST

Indian stock markets opened slightly down on Thursday following Donald Trump’s election victory, with Foreign Institutional Investors (FIIs) continuing to sell. The Nifty 50 index began the day flat at 24,489.60 points, while the BSE Sensex dipped by 0.16 percent in early trading to 80,248.60 points. Global markets generally responded
Air India-Vistara Merger: New Codes, Millions of Loyalty Transfers, Expanded Fleet Access

Air India-Vistara Merger: New Codes, Millions of Loyalty Transfers, Expanded Fleet Access

06 Nov 2024 18:15 PM IST

o facilitate this transition, Air India has bolstered its resources at multiple touchpoints in India, coordinating with partner airports.
Swiggy IPO Hits Markets, Raises ₹5,085 Crore from Anchor Investors

Swiggy IPO Hits Markets, Raises ₹5,085 Crore from Anchor Investors

06 Nov 2024 15:42 PM IST

Food delivery giant Swiggy launched its ₹11,327.43 crore IPO on Wednesday, November 6, after securing ₹5,085.02 crore from anchor investors a day prior. The IPO bidding window remains open until Friday, November 8, 2024, with a grey market premium of ₹11 per share reported on opening day. Swiggy has set
Advertisement

Latest News

View More

Short Video

View More
short vidro bnr

Trump’s AmFest Dance Proves He Can Still Command a Crowd—And the Internet

short vidro bnr

Trump Pledges to Establish Two-Gender Policy as Official U.S. Government Stance

Live Blog

  • No live blog updates available.
itv-school-ad
Taboola Advertisement