Earning more, spending more: The budget squeeze facing common man Aamdani atthanni, kharcha rupaiya!It is a familiar refrain, and a financial loop the common man spends a lifetime trying to escape.For India’s middle class, much of working life revolves around one big aspiration: earning enough to afford not just the essentials, but also the little…
Rupee ends the week in green NEW DELHI: Rupee ended Friday’s trading session strong, up 33-paise gain against the US dollar, closing at 94.93. The momentum came as the greenback remained soft and upbeat Dalal Street lent support to the currency. However, elevated crude oil prices and weakness in broader markets restricted its gains.Rupee began…
India’s RBI tightens cyber checks on lenders after spate of hacks NEW DELHI: The Reserve Bank of India (RBI) has asked banks to step up their cybersecurity measures and demonstrate compliance with existing rules amid a rise in attacks on financial institutions. According to three people familiar with the matter cited by Reuters, the central…
Trent share price jumps 7% NEW DELHI: Trent shares jumped almost 7% on Friday after the Tata Group’s retail arm reported a strong 25% year-on-year increase in consolidated net profit for the September quarter.The stock climbed 6.73% to Rs 3,059 on the BSE, while its NSE-listed shares gained 6.92% to Rs 3,060. The rally added…
File photo: BLS Polymers logo MUMBAI: The Rs 255 crore IPO of BLS Polymers was subscribed a little over 241 times, making it one of the highest subscribed primary offers in recent times. Compared to nearly 1.2 crore shares on offer, total bids at the upper end of the Rs 141-150 per share price band…
Amazon cloud business accelerates but shares drop on profit miss Amazon shares fell sharply in after-hours trading on Thursday (local time) as heavy artificial intelligence investments and a weaker-than-expected earnings performance overshadowed accelerating growth in its cloud computing business.The e-commerce and technology giant’s shares dropped as much as 7% after it reported third-quarter results that…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
The $500 billion wipeout marked the second-largest single-day loss in market value recorded by a company, after chipmaker Nvidia lost nearly $600 billion in early 2025 Shares of Google parent Alphabet plunged more than 12% on Thursday, wiping out around $500 billion in market value in one of the biggest single-day losses in stock market…
