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ITC Shares Up Over 3% After Earnings; Market Valuation Jumps Rs 11,276 Crore

<!-- -->ITC's market valuation jumped by Rs 11,276.55 crore to Rs 3,39,690.55 crore on the BSE.New Delhi: Shares of ITC jumped over 3...

Indonesia To Lift Ban On Palm Oil Exports Next Week

<!-- -->Indonesia issued the ban last month to secure supplies in the face of a domestic shortage.Jakarta: Indonesia will lift its ban on...

Ashok Leyland Q4 Profit Declines 58% to Rs 158 Crore

<!-- -->Ashok Leyland had posted a profit of Rs 377.13 crore in the same quarter of the previous fiscalNew Delhi: Hinduja group flagship...

Stock Investors Poorer By Over Rs 6.71 Lakh Crore As Markets Crash

<!-- -->The 30-share BSE Sensex tanked 1,416.30 points or 2.61 per cent to settle at 52,792.23.New Delhi: Equity investors became poorer by over...

After Stablecoin Meltdown, US Crypto Industry Tries To Contain Fallout

<!-- -->US crypto lobbyists in push to contain fallout from stablecoin meltdownThe cryptocurrency industry is scrambling to respond to U.S. lawmakers' concerns about...

Rupee Ends At All-Time Low, 5th Record Weak Close In 10 Days

<!-- -->Rupee slumps to close at all-time low of 77.73 per dollarNew Delhi: The rupee closes at a new all-time low of 77.73...

LIC Investors Lose Rs 68,100 Crore From Issue Price; Shares Dip 4%

<!-- -->LIC shares fall 4%, valuation dips by Rs 68,100 crore from issue priceAfter a flop debut on stocks exchanges, Life Insurance Corporation's...

Luna Will Rise From Ashes, Bet Crypto-Loving South Koreans

<!-- -->Crypto-loving S.Koreans bet on Luna rising from ashes, worrying regulatorReckoning they have little to lose with prices so ridiculously low, South Korean...

Sensex Crashes 1,416 Points On Inflation Worries, Nifty Settles Below 15,850; IT Stocks Drag

<!-- -->Sensex and Nifty plunged sharply today.New Delhi: Indian equity benchmarks on Thursday extended their fall for the second straight session as fears...

Pakistani Rupee Hits A New Record low Of Rs 200 Per Dollar

<!-- -->Value of Pakistani Rupee touches fresh low at Rs 200 against US DollarKarachi: The Pakistani rupee continued its month-long run of devaluation,...

No Respite From Higher Fuel Prices Anytime Soon, Indian Crude Prices Up

<!-- -->Indian crude oil basket price on the rise, no respite from elevated fuel pricesThe average price of the Indian crude oil basket...

After Cement, Adani Group To Foray Into Healthcare Business

<!-- -->For its healthcare foray, Adani Group reportedly has been in talks with big names in the sector.New Delhi: Billionaire Gautam Adani's group...

Aether Industries IPO To Open On May 24; Price Band Fixed At Rs 610-642

<!-- -->At the upper end of the price band, Aether Industries IPO is expected to fetch Rs 808 crore.New Delhi: Speciality chemicals company...

As Pandemic Boom Wanes, JP Morgan Downgrades India’s IT Industry To “Underweight”

<!-- -->JP Morgan downgrades India's IT sector as pandemic boom fadesSoaring inflation, supply chain issues, and the Ukraine war-hit will end the growth...

Axis AMC Sacks Chief Trader Viresh Joshi Over Alleged Front-Running Allegations

<!-- -->Earlier this month, Axis AMC had suspended two of its fund managers, including Viresh Joshi.New Delhi: Axis Asset Management Company, the mutual...

Why Indiabulls Housing Finance Share Price Is Falling

<!-- -->Indiabulls Housing Finance is down 46% in 2022 so far.Indian stock markets have been been falling lately. Sharp declines in the benchmark...

Rate Hikes Need To Be Front-Loaded, Say Two MPC Members: RBI Minutes

<!-- -->India will need to front-load rate hikes, two MPC members sayThe sharp surge in inflation in India will require front-loading of interest...

South Africa Eyes Digital Rand To Cut High Cross-Border Payment Costs

<!-- -->South African central bank eyes digital rand to cut cross-border payment costsA digital rand in South Africa could cut the high cost...

Cyrus Mistry’s Plea To Review Tata Group Order Dismissed By Supreme Court

<!-- -->In October 2016, Mr Mistry was removed as Tata Sons Chairman in a dramatic ouster.New Delhi: Supreme Court on Thursday rejected a...

Bitcoin Crash Shaves A Third Of El Salvador’s Government Holdings: Report

<!-- -->Crypto crash leaves El Salvador with no easy exit from worsening crisisEl Salvador's big bet on bitcoin, which the Central American nation...