Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax MUMBAI: Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax through block deals worth around $108 million (Rs 1,048 crore), the term sheet of the…
Rupee slips to 95.74 against US dollar Rupee remained largely range-bound on Tuesday, but weakened 4 paise to 95.74 against the US dollar in early trade, as higher crude prices and dollar demand from importers put pressure on the currency.The currency opened at 95.74 at the interbank foreign exchange market, compared with Monday’s close of…
The sanctions waiver in place since almost the start of the US-Iran conflict has benefitted India. (AI image) In wake of the US-Iran understanding for a peace deal and the signing of an MoU, the Trump administration has quietly let the sanctions waiver for Russian crude oil to lapse. US President Donald Trump had earlier…
Punjab Kings’ captain Shreyas Iyer (PTI Photo) Punjab Kings captain Shreyas Iyer was left impressed after Priyansh Arya and Cooper Connolly produced a stunning batting display to power their side to a 54-run win over Lucknow Super Giants on Sunday. Arya, one of the country’s most talked about T20 batting talents alongside Vaibhav Sooryavanshi, smashed…
FM Sitharaman has stressed the need to closely monitor the three critical areas of fuel, fertiliser, and foreign exchange. (AI image) A prolonged US-Iran conflict has finally begun to hit India home, with economists signalling that the longer the crisis continues, the more difficult the situation would become for the economy. Finance Minister Nirmala Sitharaman…
A father takes his children to see Christmas lights because his own father once did the same with him. A mother prepares the birthday breakfast she remembers from childhood. Another parent continues a holiday ritual, reads the same bedtime story or returns to a family vacation spot that has been part of their memories for…
Anger can threaten peace in a matter of seconds. One harsh word can destroy a relationship. A single impulsive response can ruin the work. A single erroneous reaction can lead to many days of regret. That’s why the Bhagavad Gita recommends controlling anger. The quote today is from the teachings of Krishna: “From anger comes…
Hockey India president Dilip Tirkey NEW DELHI: The internal power struggle within Hockey India has taken a dramatic turn, with federation president and former India captain Dilip Tirkey filing a complaint with Delhi Police against some of the federation’s officials, alleging “criminal breach of trust, theft, endangerment of life and wrongful abandonment”.Tirkey’s complaint also seeks…
Kalashtami is one of the most auspicious days in Hindu religion. The day holds a great religious and spiritual significance. Kaal Bhairav is worshipped on this sacred day. On this specific day, devotees observe fast from dawn to dusk with immense devotion. Kalashtami is going to be observed on Ashtami Tithi of Krishna Paksha. This…
MUMBAI: The rupee breached the 94 level for the first time to close at 94.81 per dollar after hitting a record low of 94.84, declining about 4% since late Feb and 11% in the current fiscal year, marking its worst financial year performance in over a decade.Many analysts are forecasting that oil prices will remain…
