The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally.Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging
JSW Infrastructure (JSWIL) on Thursday announced that the company is set to reshape the nation’s ports and logistics sector with its growth strategy. The company aims to expand its cargo-handling capacity to 400 million tonnes per annum (MTPA) by FY30, it said in a regulatory filing. Investments to drive capacity expansion JSW Infrastructure has announced
When it comes to investing in stocks, most investors are focused on capital gains, that is making money when the stock price rises. But apart from this, for many investors, dividends are like the cherry on top of a cake meaning a little extra that adds sweetness to their overall returns. And when this makes
Petrol, Diesel Price Today 19 December 2024: Oil prices declined in early morning trade on Thursday, as the US Federal Reserve indicated that it would lower the speed of interest rate cuts in 2025. As per the latest update, Brent crude futures went down by 33 cents and settled at $73.06 per barrel whereas US
Go to Live UpdatesInternational Gemological Institute IPO 2024 live allotment status subscription status listing: The company’s share allotment will be finalised on December 18. The IPO was subscribed to a total of 35.48 times. The retailers booked it 11.77 times. The company raised Rs 4,225 crore. International Gemmological IPO was opened on December 13 and
After taking a loan, the borrower must repay it to the lender within the agreed repayment period. Should the borrower default, the lender is entitled to initiate legal proceedings to recover the unpaid balance. However, the situation becomes more complex if the borrower passes away during the loan term. The question arises: Who is responsible
Question: I am a trader dealing in steel products, and due to business-related challenges, I was unable to file my return of income for the Assessment Year 2024-25 before 31st July 2024. Please note that there is no tax audit applicability in my case. Is there a provision to file the return subsequently? Additionally, kindly
The Ministry of Health and Family Welfare (MoHFW), Government of India, was asked by a Member of Parliament whether the government has any proposal to increase the monthly medical allowance for pensioners not availing CGHS facilities, and if so, to provide the details. T R Baalu asked whether the government plans to increase the monthly
From April 1, 2025, all central government employees (except the armed forces) will get the option to choose from two pension schemes — the National Pension System (NPS) and the Unified Pension Scheme (UPS). The NPS, which was launched in January 2004, replaced the Old Pension Scheme (OPS), and covers all departments under the central
Chennai-headquartered Indian Overseas Bank (IOB) has introduced a specialized Ultra HNI Savings Bank (SB) Scheme designed exclusively for high-net-worth individuals (HNIs). This premium banking initiative offers three distinct variants viz. IOB SB PRIME, IOB SB PRIORITY, and IOB SB PRIVILEGE, each packed with unique benefits tailored to meet the financial needs of affluent customers. Key
Stock markets are set to be influenced by global trends, macroeconomic data releases, and developments in US tariffs during a holiday-shortened week, analysts said. Investors will also keep a close watch on foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices. Ajit Mishra, SVP of Research at Religare
The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent.
According to a joint report by NAREDCO and EY, India’s real estate industry is on track to reach a $1-trillion market valuation by 2030, driven by PropTech innovations and government initiatives like the Smart Cities Mission and the Digital India campaign. Technology continues to play a pivotal role in shaping the sector. In 2024, the
