Rupee has hit a high of 84.78 per dollar. This is the highest level since the beginning of 2025, driven by renewed geopolitical tensions and increased demand for the US dollar, which together exerted pressure on the local unit. Forex traders said geopolitical tensions between India and Pakistan have sparked risk-off sentiment in the market
Residential price growth may moderate to 3% to 4% in FY26 due to moderating demand and several planned launches, which could increase the inventory, said India Ratings in a report released on Monday. in the first nine months (9M) of FY25, the average price across the top eight cities increased at 8% yoy as compared
Infosys layoffs: In a fresh round of terminations, Infosys has let go of 195 more trainees at its Mysuru campus, according to a report by Moneycontrol. This marks the fourth round of layoffs at the Bengaluru-based IT giant, reportedly due to trainees failing internal assessments, as per the emails accessed by the outlet. This brings
UltraTech Cement has delivered a strong financial performance in the March quarter, but its stock could not hold ground. On Tuesday, share price of UltraTech Cement fell nearly 2, even as the company reported a 10% year-on-year jump in net profit to Rs 2,482 crore and a 13% rise in revenue to Rs 23,063 crore.
EPFO update: The Employees’ Provident Fund Organisation (EPFO) has updated Form 13 to make it easier for its members to transfer their Provident Fund (PF) accounts when switching jobs. The updated version of Form 13 will also reflect the taxable and non-taxable components of PF interest separately. EPF has also introduced a feature to help
A number of major companies across sectors have already released their Q4 numbers and with this, the fiscal fourth quarter earnings season is now in full swing. IT services giants like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, Tech Mahindra, banking majors like HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, and others including
Go to Live UpdatesAther Energy IPO Day 1 Subscription Status Live Updates: The EV automobile player Ather Energy has launched its initial public offer, and bidding for it has started today, i.e April 28. The issue price is ranging between Rs 304 -321 per equity share, and the IPO is closing on April 30. The company is
It’s time to file Income Tax Returns (ITR), but this time there is some delay in the notification of the forms and their utilities. What is the reason for this and what should taxpayers do during this delay? To know the answers to these questions, we had a special conversation with Akhil Chandna, Partner and
In recent months, many banks have cut their fixed deposit (FD) interest rates in the wake of the RBI’s 100 basis points cut in the repo rate since February 2025. Despite this, some banks are still offering attractive interest rates on fixed deposits for senior citizens. These banks are small finance banks, which always have
French IT services giant Capgemini has announced its plan to acquire India-based outsourcing firm WNS for $3.3 billion in cash. The deal values WNS shares at $76.50 each, reflecting a 17 per cent premium over its closing price on July 3. The transaction excludes WNS’s existing financial debt, Capgemini clarified in a press release issued
Petrol prices in India currently stand at Rs 101 per litre amid continued volatility in global oil prices — with many neighbouring countries selling fuel at significantly lower prices. The cost is also Rs 21 more than petrol prices paid by people in the US as well as Pakistan. Data that has since gone viral
Yashwant Singh, a scion of a royal family from Rajasthan, has purchased a luxury bungalow in Delhi’s elite Golf Links neighbourhood for Rs 100 crore, according to property registration documents obtained via CRE Matrix. The luxurious property, sprawling over 588.97 sq m of land with an impressive built-up area of 867.33 sq m, features a
Reliance Industries is gearing up for its next big leap, charting an ambitious course to unlock its next $50 billion in value creation from its current $240+ billion market cap, by betting big on green energy and generative AI. Backed by strong legacy cash flows and a bold reinvention plan, the Mukesh Ambani-led conglomerate could
