Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, started trade on a flat note on Thursday. While Nifty50 was above 25,500, BSE Sensex was in red. At 9:18 AM, Nifty50 was trading at 25,512.65, up 59 points or 0.23%. BSE Sensex was at 83,628.19, down 69…
MUMBAI: RBI has barred pre-payment penalties on floating rate personal and small business loans, aiming to simplify lending and enabling switching lenders. The ban on prepayment charges applies on floating-rate personal loans, or on business loans given to individuals and micro or small enterprises regardless of how the loan is repaid or the source of…
NEW DELHI: In what has the potential to disturb India’s strong march in manufacturing, tensions with China have seen the neighbouring country delay delivery of critical machinery while ordering the pullout of some of its citizens from Indian factories, including those engaged in engineering and manufacturing jobs at Foxconn, Apple’s contract manufacturer.This comes just as…
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t ignore: lower…
MUMBAI: Indian entrepreneur and founder of Hong Kong-based The Caravel Group, Harindarpal Singh Banga, and his family are selling around a 2.1% stake in Nykaa worth about $140.3 million (Rs 1,200 crore) through a block deal on Thursday, the term sheet of the share sale showed. The Banga family was one of the early investors…
In a step that also implicates the company’s former director Anil Ambani, SBI has moved to classify the loan account of Reliance Communications as fraud. In a disclosure on July 1, RCom stated that SBI plans to report Ambani’s name to the RBI. The move sets off another round of legal contest amid the telco’s…
US stocks started the day mixed on Wednesday as investors turned cautious ahead of a crucial US jobs report due on Thursday. The Dow Jones Industrial Average slipped 111 points, or 0.25%, reaching 44,383.86. S&P 500 rose a marginal 1.79 points or 0.33%, trading at 6,199.80. Tech-heavy Nasdaq also reached 20,270.24, rising 67.35 points or…
US President Donald Trump announced on Wednesday that he has struck a trade deal with Vietnam. Under the terms of the deal, Vietnam will impose a 20% tariff on all goods exported to the United States which the US will have to pay zero tariffs.“I just made a Trade Deal with Vietnam. Details to follow!”…
Best-selling author Robert Kiyosaki has once again stirred the investment world, this time with a forecast that silver prices are set to “explode in July.” Taking to social media platform X, the Rich Dad Poor Dad author called silver the “best asymmetric buy” currently available, highlighting its high reward-to-risk ratio.“Silver is the best ‘asymmetric buy’…
Traditional Kolhapuri sandals are seeing a surge in sales and renewed interest after luxury fashion house Prada sparked controversy for showcasing a strikingly similar design without acknowledging its roots.Footwear sellers and artisans are riding a wave of nationalist sentiment and social media buzz, turning what some called the Prada “sandal scandal” into a sales opportunity….