Rupee Hits Record Low of 95.73 Against US Dollar
The Indian rupee settled at an all-time low of 95.73 against the US dollar, driven by inflation concerns and a strong greenback in overseas markets.
Category : Business
Gyproc India Concludes Second Beyond Dimensions Challenge
Gyproc India successfully concluded the second edition of its 'Beyond Dimensions' design challenge, celebrating innovative architectural designs and sustainable construction practices.
Rs 402 Cr for Amritsar Junction Redevelopment Announced
Union Minister Ravneet Singh Bittu announced Rs 402 crore for redevelopment of Amritsar Junction and Rs 100 crore for five new platforms, aiming to enhance passenger amenities and decongest the station.
Market Closing Bell: Sensex Rebounds, Nifty Near 23,700
Indian stock markets saw a strong rebound on May 14, with Sensex surging and Nifty closing near 23,700, driven by broad-based buying across sectors amid positive global cues.
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UAE job change rules clarified, one-year ban for violations
The UAE Ministry of Human Resources and Emiratisation clarified when employees can switch jobs after contract end, warning that violations like unauthorized absence may lead to a one-year work permit ban.
Carlos Slim's Austerity Principle: Thriving in Good Times
Billionaire Carlos Slim advocates restraint during economic booms to build resilience. His principle of austerity in good times helps companies avoid harsh adjustments in crises, focusing on waste prevention and financial reserves.
Maharashtra Austerity Drive: Curbs on Tours, Rallies
Maharashtra government announces austerity drive, restricting foreign tours and banning police permission for bike rallies and vehicle processions to cut costs.
Tamil Nadu Hikes DA by 2% for State Government Employees
Tamil Nadu Chief Minister announces a 2% increase in dearness allowance for state government employees and teachers, effective from April 2026.
RBI Schedules Rs 32,000 Crore G-Sec Underwriting Auction
The Reserve Bank of India has scheduled an underwriting auction for government securities worth Rs 32,000 crore on May 15. This move aims to manage the government's borrowing program and ensure smooth market operations.
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Sky Blue Cinematix & Aspin Holding: FC Barcelona Brand in India
Sky Blue Cinematix has entered a strategic alliance with UAE's Aspin Holding to manage FC Barcelona brand engagement in India, enhancing sports marketing and fan experiences.
AIFF Studies ISL Clubs' Commercial Rights Proposal
The AIFF is reviewing a proposal from 13 ISL clubs to retain commercialisation responsibilities, excluding East Bengal, with a governance model and reduced payment terms.
Sensex, Nifty Rally Over 1% on Bond Tax Cut Hopes
Indian stock markets surged over 1% on Thursday, adding Rs 4 lakh crore in investor wealth, driven by hopes of tax cuts on foreign bond investments and robust corporate earnings, despite a weakening rupee.
Sugar Stocks Plunge Up to 7% After Export Ban
Sugar stocks fell sharply after the Indian government banned sugar exports until September 30, 2026. Shares of major companies like Triveni Engineering and Balrampur Chini Mills dropped up to 7%.
India Mulls Tax Cut on Foreign Bond Investors
India is considering reducing capital gains tax on foreign bond investors to stem outflows and support the rupee. The RBI proposed the move, now under finance ministry review.
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India's WPI Inflation Hits 8.30% in April on Fuel Costs
India's wholesale inflation jumped to 8.30% in April from 3.88% in March, driven by fuel and power prices amid the West Asia crisis, government data showed.
BHIM App Encourages #AskHerAgain This Mother's Day
This Mother's Day, BHIM app launches #AskHerAgain campaign to encourage financial inclusion for mothers and women across India.
XFlow Brings Stablecoin Acceptance to Indian Businesses
XFlow becomes the first cross-border payments platform to offer compliant stablecoin acceptance to Indian businesses, enabling faster and cheaper international transactions.
BriSec CCI Appoints Singh as Co-Chairman, Anu as Vice Chairman
BriSec Chamber of Commerce and Industry (BriSec CCI) has appointed Mr. Ashok Kumar Singh as Co-Chairman and Mr. Anand Anu as Vice Chairman to strengthen its leadership.
Packaging Sector Gains Importance with India's Global Trade Expansion
Union Minister Jitin Prasada highlights the growing significance of India's packaging sector amid expanding global trade ties, emphasizing innovation and sustainability.
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Yamuna Expressway Toll Hike Proposal Submitted
Toll charges on Yamuna Expressway are set to increase as a proposal has been submitted. Check the details of the proposed hike and new toll rates.
Property Document Checklist for Buyers in India
Verify all legal documents before buying property in India to avoid fraud, disputes, and delays. Our checklist covers ownership, approvals, and compliance.
Blast at MP Firecracker Factory Kills 3, Injures 23
A powerful explosion at a firecracker factory in Dewas, Madhya Pradesh, killed at least three workers and injured 23 others on Thursday. Rescue operations are ongoing.
CEOs Share Millions with Employees in Billion-Dollar Deals
In two separate billion-dollar deals, CEOs Graham Walker and Bill Phelps ensured employees received substantial shares, sparking discussions on corporate loyalty and reward.
TSMC Issues $584M Green Bonds for Environment
Taiwan Semiconductor Manufacturing Company (TSMC) plans to issue $584 million in green bonds to fund environmental projects, including renewable energy and pollution reduction.
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Wholesale Inflation at 42-Month High of 8.3% in April
India's wholesale inflation surged to 8.3% in April 2026, a 42-month high, driven by a sharp rise in crude petroleum and natural gas prices.
India Passenger Vehicle Dispatches Up 25.4% in April
India's passenger vehicle dispatches increased 25.4% year-on-year to 437,312 units in April 2025, driven by strong demand and new model launches, according to SIAM data.
Gold Silver Volatile on MCX After Rally on Import Duty Hike
Gold and silver prices turned volatile on MCX after a strong rally triggered by the increase in import duty. Check city-wise rates here.
Wholesale Price Inflation Jumps to 8.30% Amid Crude Oil Surge
India's wholesale price inflation surged to 8.30% in April, driven by a sharp increase in crude oil prices and rising input costs across sectors.
India Hikes Gold Import Duty to 15% to Shield Forex Reserves
India raises gold and silver import duty from 6% to 15% to curb imports and protect foreign exchange reserves amid economic strain. The move aims to reduce pressure on the current account deficit.
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Indo Borax Expands Team for Growth and Diversification
Indo Borax & Chemicals Ltd, India's largest boric acid producer, appoints new leaders to drive expansion into specialty chemicals and high-growth sectors.
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