In early December 2025, the Indian rupee reached a key milestone when it surpassed Rs 90 per dollar for the first time. The rupee had been falling steadily throughout the year, as foreign investors sold off Indian stocks and US tariffs made Indian exports less competitive.However, on December 5, 2025, Reserve Bank of India Governor…
Vodafone Idea (Vi) will pay the government Rs 1,144 crore over the next 10 years, with the remaining adjusted gross revenue (AGR) dues — frozen at Rs 87,695 crore — to be paid in instalments starting March 2036, the company said on Friday, reported PTI.The Union Cabinet has frozen Vi’s AGR dues at Rs 87,695…
Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…
Bharat Coking Coal Ltd’s initial public offering (IPO) saw strong demand from investors from the moment bidding opened on Friday, with the issue getting fully subscribed within minutes. According to NSE data till 11:15 am, bids were received for 84,15,46,800 shares, far exceeding the 34,69,46,500 shares on offer, resulting in an overall subscription of 2.43…
Stock market traded in red on Friday, as NSE benchmark Nifty50 remained below 26,000 levels and BSE Sensex tanked over 400 points. Nifty50 trimmed 130 points or 0.50% to reach 25,746. BSE benchmark Sensex also dipped 433 points to 83,747 at 12:11 pm. Benchmark indices opened lower amid concerns over the US threat of imposing…
The rupee opened lower on Friday, slipping seven paise to 89.97 against the US dollar amid continued foreign investor selling and a rise in global crude oil prices. Furthermore, US tariffs and muted domestic equity market sentiment drove foreign institutional investors to sell, placing additional pressure on the local currency. The rupee had opened at…
For a “Viksit Bharat” to endure, national success must be measured by the financial resilience of Indian families. (AI image) By Sumit Madan The Union Budget 2026 arrives at a defining juncture of India’s ascent, where progress must be measured not merely by the velocity of our growth, but by the resilience of the nation’s…
Polymarket traders currently give Jesus Christ’s return before the end of 2026 a roughly three percent chance/ AI Illustration Christians have long awaited the Second Coming, a belief grounded in the Gospels themselves. Jesus speaks of his return, but he also issues a caution that has echoed through centuries of theology: “No one knows the…
US President Donald Trump has announced plans for the federal government to purchase $200 billion worth of mortgage bonds, saying the move will help bring down mortgage rates as concerns over housing affordability continue to weigh down Americans.In a post on social media on Thursday, Trump said the funds would come from Fannie Mae and…
