Rupee Tumbles to Record Low Amid Global Market Volatility
The Indian rupee closed at a new low of 84.86 against the US dollar, influenced by global factors including a weaker Chinese Yuan and rising US bond yields. Despite recent deprecia...
Business News
Blackstone Emerges as Leading Bidder for Haldiram's Minority Stake
Blackstone is reportedly the leading bidder for a minority stake in Haldiram's, potentially valuing the Indian snacks maker at $8 billion. The deal could see Blackstone partnering ...
India's Services Exports Set to Surpass Goods: A Historic Trade Shift
India's services exports are projected to surpass goods shipments for the first time, marking a significant shift in trade dynamics. The government is focusing on six key services ...
India's Trade Deficit Reaches Historic High of $37.9 Billion in November
India's trade deficit reached a record $37.9 billion in November, driven by soaring gold imports and a decline in exports. Gold imports quadrupled to $14.9 billion, while exports f...
RBI Governor Promises Open-Door Policy Amid Economic Challenges
RBI Governor Sanjay Malhotra reassures staff of an open-door policy and calls for striving for perfection in supporting the Viksit Bharat vision amid economic challenges.
Navigating the New Frontier: Challenges in Digital Loans and Investments
RBI Deputy Governor Michael Patra discusses the challenges posed by the digitalisation of investments and credit, emphasizing the need for vigilance against household debt escalati...
Trump to Meet Netflix Co-CEO Ted Sarandos at Mar-a-Lago
President-elect Donald Trump is scheduled to meet with Netflix co-CEO Ted Sarandos at Mar-a-Lago, sparking interest due to Sarandos's traditional support for Democratic candidates....
MicroStrategy's Nasdaq 100 Inclusion and Bitcoin Holdings Spark Market Interest
MicroStrategy's inclusion in the Nasdaq 100 and its significant bitcoin holdings have sparked market interest, potentially driving up both its stock and the price of bitcoin. The c...
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