Railway stocks in India have staged a sharp recovery in December 2025 to trim annual losses, as a confluence of positive triggers brings investors back to the sector. A primary catalyst for the surge in railway stocks is Indian Railways’ decision to implement a revised fare structure. (PTI) Shares of Indian Railway Finance Corp. Ltd. […]
Family offices are the new power players on Wall Street. Representational purposes only. A growing number of wealthy Americans are launching family offices, firms that do everything from investing money for the superrich to managing their personal affairs. They are huge and secretive, and their influence on Wall Street and Main Street is only growing. […]
The prices of gold and silver were on a tear for the fifth straight session today as investors continued to pile into safe-haven assets amid risks stemming from US blockade of Venezuelan crude oil shipments. Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, […]
India’s stock market inched lower at the open today, as markets paused on thin year-end trading volumes, with analysts saying further upside dependent on earnings momentum. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) At 9:50 am, the 30-share S&P BSE Sensex was trading lower by about 0.25% at 85,200 levels even […]
Ola Electric on Thursday said it has received a sanction order from the Ministry of Heavy Industries for the release of incentives amounting to ₹366.78 crore under the production-linked incentive scheme. An Ola Electric scooter. (Bloomberg) The sanction pertains to the demand incentive for the determined sales value for FY 2024-25, and authorises a payment […]
Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. Valued at USD 7 billion, the company has raised a total of USD 1.8 billion, or about ₹16,000 […]
NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and industry minister Piyush Goyal said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 […]
For toymakers, Christmas starts early. As the world is grouching through dry January, toy firms are finalising festive designs and signing deals with factories. By the start of summer, containers packed with play-sets and dolls must be crossing the ocean, so that shelves in America can be stocked by autumn. Co-ordinating the global supply chain […]
Associations representing gig workers in India have called for an all-India strike on Christmas Day and New Year’s Eve—two of the busiest days of the year for the likes of Swiggy, Zomato and Blinkit—over what they claimed were worsening working conditions and reduced commissions. The gig workers strike is a protest against what their associations […]
Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people with knowledge of the matter. Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters) India’s largest refiner contracted Aframax tankers from […]
