Business

[ad_1] MUMBAI: Markets regulator Sebi on Monday issued a warning to investors — its third this year — about unauthorised entities trying to engage investors through platforms and apps that could lead to losses. The proliferation of financial frauds is prompting Sebi to issue frequent advisories and warnings to investors.The advisory said that some apps/web…

[ad_1] MUMBAI: Uncertainties stemming from the Trump vs Harris cliffhanger in the US weighed on investors’ minds globally on Monday, including those on Dalal Street, and pulled down the leading indices as foreign investors continued to sell risky assets, including stocks of emerging markets like India. As a result, the sensex cracked nearly 1,500 points…

[ad_1] NEW DELHI: Swiggy, the food delivery and quick-commerce giant, is set to launch its initial public offering (IPO) on Wednesday, aiming for a valuation of approximately $11.3 billion.The public subscription period for Swiggy’s initial public offering (IPO) will run from November 6 to November 8. Swiggy IPO subscription details and pricing The food delivery…

[ad_1] The RBI asked banks to set aside more capital for unsecured consumer credit. A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with analysts worrying about possible spillover into the broader economy.Concerns are mounting after lenders including Kotak Mahindra Bank Ltd and IndusInd Bank Ltd…

[ad_1] Noida International Airport Location: Positioned 75 kilometres from Delhi, this new aviation facility will function alongside IGI Airport. Situated in Jewar, Greater Noida, the new airport will help reduce the passenger load at Delhi’s Indira Gandhi International Airport. The airport’s service area will extend beyond NCR to include western Uttar Pradesh and adjacent regions…

[ad_1] MUMBAI: The rupee slumped to a new all-time low of 84.11 against the US dollar on Monday, dragged down by weak domestic equities, persistent foreign capital outflows, and rising crude oil prices. The rupee’s fall came despite a weaker dollar, which was impacted by disappointing US economic data.Analysts attribute the rupee’s decline to a…

[ad_1] MUMBAI: Middle-class household budgets are likely to come under pressure as FMCG companies resort to price hikes to pass on commodity inflation. This comes just after Diwali when consumers often splurge on festive purchases, placing a strain on their wallets. Several fast-moving consumer goods companies have indicated that more price hikes may be in…

[ad_1] On November 7 (Thursday), banks will remain closed in Bihar, Delhi, Jharkhand, and Bengal. (Image source: Freepik) Chhath puja 2024 bank holidays: Several states will see bank holidays for four consecutive days from November 7-10, 2024, during Chhath Puja celebrations, followed by regular weekend closures.Banks will be closed across the country this weekend with…

[ad_1] The Indian Army has conducted comprehensive testing of these towed guns across various terrains. Advanced Towed Artillery Gun Systems for Indian Army: Bharat Forge has secured the position of lowest bidder for a Rs 7,000 crore contract involving advanced towed artillery gun systems (ATAGS), developed by DRDO for the Indian Army. The contract will…

[ad_1] The government is taking stringent action against technology companies’ unauthorized handling of personal data. Big crackdown on PAN details unauthorised use! The Indian Cybercrime Coordination Centre (I4C), operating under the Union home ministry, has directed the cessation of unauthorized usage of Indian citizens’ Permanent Account Numbers (PAN) by financial technology companies and other consumer…