(Bloomberg) — Saudi Arabia said it’s progressing as planned with reforms that will allow foreigners to own a wide range of real estate — including in the holy cities — starting in January. Saudi Arabia real estate update: Non-Saudis will be able to buy residential, commercial, agricultural and industrial properties, in addition to acquiring land […]
NEW DELHI: Business needs to be more transparent with trade data to help stakeholders take the best decisions, Union commerce and industry minister Piyush Goyal said on Tuesday while launching a trade intelligence portal to help stakeholders in making informed decisions. Piyush Goyal said the portal empowers Indian businesses to understand global trade patterns, spot emerging opportunities, […]
Mahindra & Mahindra Ltd. has sold its entire 3.5% stake in RBL Bank Ltd. at 62.5% gain, ahead of an open offer by Dubai’s Emirates NBD to acquire a majority stake in the private lender. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) […]
This week, when Apple updated Pixelmator Pro and Photomator apps headlines with new icons, it seemed to miss a tune. It’s been a year since Apple acquired the designing and photo editing apps respectively, but the continuity gives a sense of dullness as in parallel, tech companies including Adobe, Canva and Figma have made substantive […]
Ola Electric Mobility Ltd. has scaled up its so-called Hyperservice initiative to open source its proprietary service infrastructure and technology, a move the company says will further strengthen its unit economics. Ola Electric operates its own stores and service centres in India, in a departure from the industry norm of dealership model. (Tushar Deep Singh/HT) […]
China and Hong Kong equities are poised to open higher on Monday, buoyed by investor optimism over a potential breakthrough in trade negotiations between Washington and Beijing. US President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019 […]
Banks in some cities, including Gujarat’s Ahmedabad, Karnataka’s Bengaluru, and Maharashtra’s Mumbai will remain closed today, Wednesday, October 22, on account of festivals linked to Diwali. File photo of the headquarters of HDFC bank in Mumbai (REUTERS) According to the list of holidays by the Reserve Bank of India (RBI), banks are closed in 10 […]
As India celebrates one of its biggest festivals today, Indian stock markets are all set for Diwali-special ‘Muhurat trading’. The Bombay Stock Exchange (BSE) building in Mumbai. (Bloomberg) While Diwali is being celebrated on Monday, October 20, in most parts of India, the Bombay Stock Exchange and National Stock Exchange will remain open. Is stock […]
As the Diwali weekend kicked off with Dhanteras, stock markets on Sunday will be observing a holiday. Despite the holidays, the stock market will however remain open on Monday, before closing down again. The Bank Nifty index on Friday climbed to a new lifetime high of 57,830.20. (REUTERS file photo) For Diwali 2025, after muharat […]
India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters a branch of Axis Bank in New Delhi, India. (Reuters) At 10:03 am, the 30-share S&P BSE Sensex rose 0.52% to 83,031.83 points even as the wider NSE Nifty 50 […]
