Business

The cumulative interest rate hike of 2.5 percentage points by the Reserve Bank of India (RBI) since May 2022 has negatively impacted headline inflation by 1.60 percent. This has been stated in a paper written by senior RBI staff on Monday. According to PTI News, the paper, written by Deputy …

The festival season is going on. Most people shop during this time. Nowadays digital payment is used a lot in shopping. However, some customers often ignore important security measures amidst the increase in shopping during the festive season, which results in them losing money and also facing problems on an …

Gold and silver caused a stir in the bullion market on Monday. Today gold rose by Rs 750 to a record level of Rs 80,650 per 10 grams in the national capital. This is a new fresh all-time high rate so far. Apart from this, silver also made a tremendous …

The stock market is witnessing a period of decline. However, on Friday, after a decline that continued for several days, it closed in the green. After this, investors are worried about whether the market will continue to rise in the new week starting from Monday or if the decline will …

The market valuation (market cap) of four of the top 10 Sensex companies increased by a combined Rs 81,151.31 crore last week. ICICI Bank and HDFC Bank gained the most. The 30-share BSE Sensex fell 156.61 points or 0.19 percent last week. The market capitalization of HDFC Bank, Bharti Airtel, …

The way has been cleared for another big IPO. The board of directors of HDFC Bank, the largest private sector bank, has approved its subsidiary company HDB Financial Services to launch an IPO. Under this, the sale of shares worth Rs 12,500 crore including an offer for sale (OFS) of …

Due to the increased arrival of Kharif oilseed crops and the weak closing of the Chicago Exchange last night, there was a decline in the prices of all oilseeds in the country’s wholesale oilseeds market on Saturday. The prices of mustard, groundnut, and soybean oilseeds, crude palm oil (CPO), and …

Vedanta Group will invest over Rs 1 lakh crore in various businesses including zinc and oil and gas in Rajasthan. Vedanta Group said on Saturday that its Hindustan Zinc will invest Rs 30,000 crore to double zinc production capacity from 12 lakh tonnes per annum to 20 lakh tonnes per …

The central government on Saturday said it is confident of record foodgrain production in the 2024-25 rabi season despite delays in fertilizer shipments. The reason for this expectation was attributed to favorable soil moisture conditions and adequate water levels in reservoirs. Addressing a national conference, Agriculture Minister Shivraj Singh Chouhan …

Everyone, common and special, is troubled by the witch of inflation. Retail inflation once again jumped to 5.49% in September due to the cost of food items. The burden of increased inflation is going to fall on the public even during the festive season. However, there is good news in …