Markets

Indian currency update: Rupee touches 82.72 against dollar before closing at 82.63

Indian rupee on Friday closed at 82.63 after touching a high of 82.72 against the US dollar.

Oct 28, 2022

Moody's: UK's economic outlook now rated 'Negative'

The UK's economic outlook has been lowered to "negative" by ratings agency Moody's due to the ongoing political instability and high inflation.

Oct 22, 2022

Netflix rebounds after recent subscriber loss in Q3 [details]

Netflix's shares jumped 14 percent after the massive rise of customers in the third quarter

Oct 19, 2022

Air India eyes tripling its fleet of 113 jets in five years

Air India's CEO said that the carrier will become a world-class airline within the next five years

Oct 19, 2022

2,500 people to lose jobs in Byju's as firm eyes ensuring profitability

Divya Gokulnath, co-founder of Byju's said that the company will start focussing on building brand awareness overseas through new partnerships

Oct 13, 2022

Adani Group eyes to buy Jaiprakash's Cement unit for $606 Million: Bloomberg

Adani Group is planning to expand its cement business further to attain an annual production capacity of 140 million tons

Oct 11, 2022

Morgan Stanley eyes expanding its workforce in India [details]

The move from Morgan Stanley comes at a time when several companies are hesitant to expand workforce due to adverse economic conditions

Oct 10, 2022

Rupee's downfall peaks to 82.20 today

Rupee slips down against dollar on oil price increase, crossing the expected barrier of 82 per US dollar on Friday

Oct 7, 2022

Twitter, Musk confirm plan to close $44 billion deal, shares shoot up by 22%

In a new filing with the US Securities and Exchange Commission (SEC), Musk's legal team has also asked the court to adjourn the trial and all other proceedings.

Oct 5, 2022

Major IT giants revoke offer letters in India as recession scare looms

In August, India's inflation hit 7 percent, continuing an eight-month streak exceeding the central bank's tolerance targets

Oct 5, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI not to stop repo rate hike, next expected to be 35 bps to reach 6.25%: Kotak report

RBI is expected to hike the repo rate by another 35 basis points (bps) to 6.25 per cent in December 2022, says Kotak report

Oct 4, 2022

Sensex, Nifty wriggle out, show early positive trends

The benchmark indices ended lower on Wednesday with Sensex falling more than 500 points, and Nifty ending over 140 points down.

Sep 29, 2022

Recession woes grip markets, Sensex falls to 56,891.95

Recession woes grip markets, Sensex falls 56,891.95 points on Wednesday

Sep 28, 2022

Indian Rupee hits 81.93 per US dollar, bloodbath continues in Forex markets

Indian rupee and major currencies across the world from Yuan, UK's sterling, China's Yuan, Australia's dollar, are facing bloodbath in forex markets