India could allow foreign companies to take a stake of up to 49% in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most-guarded sector to help achieve goals to cut carbon emissions. The government has considered changing its nuclear foreign investment framework since 2023. The
Gold is a ‘sleeping giant’. History shows that for years, if not decades, gold prices move in a narrow range, until suddenly spiking. Between October 2011 and October 2022, the gold price trended lower and remained in the $1,700 range. From November 2022, gold saw a golden run with the price jumping from $1,700 to
In 2025, the Reserve Bank of India (RBI) has so far cut its repo rate by a total of 0.50% (50 basis points) in two policy meetings in February and April. The repo rate is the rate at which the RBI lends money to commercial banks in the country. These two rate cuts have resulted
Airtel has launched a new international roaming plan for its users that will be applicable in 189 countries. The new international roaming plan aims to smooth the user experience in different countries without worrying about different international roaming zones and recharge packs. ALSO READBharti seeks equity swap for AGR dues The plan offers users access
After a green start to the day, India’s stock market has taken a sharp downturn, with the Sensex plunging 1000 points or down 1.23% to 78,819.04 and the Nifty falling by 309.10 points or down 1.28% to 23,966.80. But the real drama is happening in the mid-cap and small-cap stocks, where investors are seeing deep
Whenever you think of investing in mutual funds, the first yardstick that comes to mind to judge a fund is its returns in the short and long term. Many websites directly show you the ‘point-to-point return’ of a fund. That is, how much return was generated from this date to that date. But Radhika Gupta
The past week saw major banking companies in the news for varied reasons – be it better-than-expected quarter results or probe on discrepancy cases. In the last month, the Bank Nifty has risen nearly 8 per cent in 5 days and 9 per cent and it has gained over 8 per cent so far in
Gold is on a record-breaking spree in 2025. Since the beginning of 2025, the price of gold has been setting new all-time highs, and is up by 23% so far this year. Over the last 1-year, gold has gained 50%. What is more interesting is that the price of gold has jumped 100% in less
Many banks have recently updated their rules regarding credit card usage at airports for lounge access. Joining the list, another leading bank ICICI Bank has announced some changes too for its credit card users. These changes will take effect on July 1 this year. According to the latest update, eligible ICICI Bank credit cardholders can
NTT Global Data Centres, a subsidiary of Japanese IT infrastructure and service company NTT Data, has purchased a land parcel for Rs 855 crore in Mumbai. The company bought the property from the Bollywood actor Jeetendra Kapoor and his family in Mumbai’s suburban region in Andheri. ALSO READGarden Reach Shipbuilders expands offshore capabilities: Inks multiple
The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50. Zomato The share price of
EPFO pensioners alert: Members of the Employees’ Provident Fund Organisation (EPFO) frequently raise queries on social media platforms, including ‘X’, seeking information from the retirement fund body regarding EPF fund withdrawal and transfer, pension eligibility under the Employees’ Pension Scheme (EPS), and other PF-related matters. From time to time, the EPFO also issues clarifications to
Mumbai has emerged as the hub of the country’s most influential women leaders. The city is home to the majority of the Candere Hurun India Women Leaders list for 2025. Of the 97 most influential women leaders selected in the list, 38 hail from Mumbai. ALSO READHurun honours women leaders of India: Shanti Ekambaram, Radha