Are banks closed on Karwa Chauth NEW DELHI: Planning a quick trip to the bank today? You might want to check the holiday calendar first.The festive season brings a fresh round of bank holidays, but closures are not the same across India, as they depend on the festivals and regional occasions observed in each state.Today,…
Dalal Street faces a cautious near-term outlook, with elevated crude oil prices, movements in the US dollar and the Federal Reserve’s policy stance remaining key factors for investors. Sensex and Nifty have faced selling pressure, although select buying has supported broader market indices. At the same time, foreign portfolio investment flows have shown signs of…
File photo: The TVS Motor logo on a motorbike inside a TVS Motor repair shop, in New Delhi TVS Motor Company expects two-wheeler industry growth to moderate to single digits in the Oct-Dec quarter after a strong first half, as a high base and rising material costs temper the outlook. The company has implemented small…
File photo: The TVS Motor logo on a motorbike inside a TVS Motor repair shop, in New Delhi CHENNAI: TVS Motor Company, a leading two and three-wheeler maker, will demerge its consumer-finance-related investments into a separate listed holding company, marking a significant shift in the TVS Venu group’s strategy, as a financial services business built…
File photo: Jio Platforms Managing Director Akash Ambani, Jio Platforms Limited Non-Executive Directors Nita Ambani, Mukesh Ambani, Anant Ambani and Isha Ambani during the bell-ringing ceremony on the day of the listing of company during its IPO, at the National Stock Exchange (NSE) in Mumbai. MUMBAI: Jio Platforms, the telecoms-to-technology arm of the RIL group,…
US Fed holds interest rates at 3.75%-4% as inflation persists, signals scope for further hikes The US Federal Reserve held interest rates unchanged at 3.75%-4% in a 10-2 vote, as policymakers weighed persistent inflation against a resilient economy and waited for further data before deciding their next move. The decision came ahead of next week’s…
Festivals come around at the same time every year, yet festive expenses are often managed at the last minute. (Image for representative purpose only) By Adhil ShettyEvery festive season, Indian households spend with a sense of optimism. Dussehra, Dhanteras and Diwali bring celebrations, family gatherings and, for many, the biggest purchases of the year. Spending…
First-time buyers from Tier 2 and Tier 3 cities grew 351% between FY22 and FY26, outpacing overall growth in each of the four years. Their share of new buyers rose to 67% in FY26 from 56% in FY22. MUMBAI: First-time health insurance buyers on Policybazaar increased 277% to nearly 18 lakhs between FY22 and FY26,…
HAGUE: India is open to promoting free and fair trade with China and hopes to expand its exports of goods and services to the neighbouring country and Asean region in the coming years, commerce and industry minister Piyush Goyal said late Monday, signalling scope for deeper trade engagement with Beijing.Goyal told reporters that India believed…
Benchmark stock index Sensex fell by 352 points and Nifty closed below 22,700, dragged down by selling in IT shares and blue-chip Reliance Industries amid rising crude oil prices and caution ahead of the US Federal Reserve’s policy decision. The 30-share BSE Sensex opened lower and tanked 995 points to the day’s low of 72,603.57…
