MUMBAI: SBI Mutual Fund, the largest fund house in India, on Thursday filed for its much-awaited public offering, expected later in the year. Through this offer, the two sponsors of the fund house-SBI and Amundi (of France)-are selling 6.3% and 3.7% stakes, respectively.The two sponsors of the fund house are expected to garner a total…
Stock market today (AI image) Stock market today: Benchmark indices Nifty50 and BSE Sensex opened in green on Friday after a big selloff on Thursday that saw markets tank over 3%. While Nifty50 opened above 23,200, BSE Sensex rose over 700 points, just shy of 75,000. At 9:16 AM, Nifty50 was trading at 23,229.15, up…
Gold, Silver Price Today Live: Gold, silver prices under pressure Gold and silver extended their decline on Thursday, pressured by mounting concerns over global inflation, according to Gaurav Garg, Research Analyst at Lemonn Markets Desk. He noted that escalating geopolitical tensions linked to the ongoing US-Iran conflict have heightened fears of disruptions to oil supplies,…
MUMBAI: The sudden exit of Atanu Chakraborty, HDFC Bank non-executive chairman late on Wednesday, unnerved several of the lender’s shareholders and fund managers as it came at a time when the war in West Asia has been weighing heavily on investor sentiment. The news of Chakraborty’s resignation led to a 8.4% crash in its stock…
NEW DELHI: The conflict in West Asia may delay the roll out of the India-Oman free trade agreement, which was expected to kick in from April 1, while the UK is on course to implement the trade treaty with India around May 1, top govt officials said Thursday.EU has indicated that it is on course…
ISLAMABAD: The Asian Development Bank (ADB) is expected to extend about $10 billion in financing to Pakistan over the next five years, according to a media report on Thursday. The Manila-based bank said the facility was part of its 2026-30 Country Partnership Strategy (CPS2026-30) launched on Wednesday.According to a report in the Dawn newspaper, the…
Working on Eid ul Fitr 2026 in the UAE? Know Your Legal Rights and Compensation In The Emirates As Eid ul Fitr approaches and millions across the UAE prepare for celebrations, a pressing question is trending among workers: Can your employer ask you to work on a public holiday and if yes, what are your…
NEW DELHI: Amid the global rush to secure energy supplies, Indian agencies have seen the cost of natural gas (LNG) nearly double from around $10-12 a unit before the West Asian conflict to $19-20 per metric million Btu (MMBtu) when they made purchases in the spot market this week.The spike comes in the wake of…
Eid ul Fitr 2026 gold rush begins as prices drop in the UAE markets After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets….
File photo (Picture credit: AP) Six major powers, Britain, France, Germany, Italy, the Netherlands and Japan, said on Thursday they are ready to support efforts to ensure safe passage through the Strait of Hormuz, as the conflict in the Gulf continues to disrupt one of the world’s most critical energy chokepoints.In a joint statement, the…