Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks also gained. The RBI likely intervened at the 91/dollar level, buying $5 billion of dollars via a foreign-exchange swap on Tuesday. (Reuters) The rupee rose as much as 1%, the […]
A growing number of homebuyers are questioning whether purchasing a home in Gurugram still makes sense, with pollution emerging as a key concern alongside affordability and job uncertainty. The debate gained traction after a 30-year-old tech professional wrote in a Reddit post that there was ‘no point buying in a city where, for four months, […]
NAGPUR: There is relief in store for homebuyers in Navi Mumbai, with deputy chief minister Eknath Shinde on Saturday announcing a flat 10% reduction in the prices of housing units built by the City and Industrial Development Corporation (CIDCO). CIDCO cuts Navi Mumbai home prices by 10%, lottery for 17,000 flats in two months Making […]
The Supreme Court on Wednesday directed a special investigation team (SIT) of the Uttar Pradesh police probing excess payouts by Noida Authority on land compensation to complete its probe within two months. The committee unearthed 20 cases where illegal excess payments were made and certain officials were identified as key suspects. A bench headed by […]
Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available to eligible Jio subscribers aged 18-25 through the MyJio app. The tie-up marks a major move by Reliance Jio and Google to bring advanced AI tools to India’s fast-growing 5G […]
The Multi Commodity Exchange (MCX) has suffered its second technical glitch that has halted trading on the platform—again. The last time this happened was on 23 July 2025. Initially, trading had been delayed from its normal opening time of 9:00 am to 9:30 am, which was then postponed to 10:00 am. (Representational Image/Pexels) “Update as […]
The country’s biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. Earlier this year, SBI Chairman C S Setty announced that the bank’s total recruitment across categories would be about 18,000. (HT Photo/Representational Image) The bank has recruited 505 Probationary Officers (POs) […]
Ola Group has witnessed by a second case of death by suicide in less than six months, this time involving its electric two-wheeler unit. Bhavish Aggarwal, founder of Ola Group and chairman and managing director or Ola Electric. (Reuters) The Bengaluru police has registered a case against Ola Electric Mobility Ltd.’s founder Bhavish Aggarwal and […]
