Rupee Slips to 90.92 vs Dollar, Nears Record Low

The Indian rupee weakened for the fourth consecutive session, closing at 90.92 against the US dollar. Persistent foreign fund outflows and global trade uncertainties pressured the currency.

Dalal Street's Gold Rush: Winners Sell Shovels

In India's stock market boom, capital market infrastructure firms like BSE and depositories are outperforming, echoing the California gold rush where shovel sellers thrived.

PNB Q3 Profit Up 13% to Rs 5,100 Crore

Punjab National Bank reports a 13.1% rise in net profit for Q3 FY25, reaching Rs 5,100 crore. Asset quality improves, but net interest income declines.

Five Labourers Critical in Surat Factory Fire

Five labourers sustained over 50% burn injuries in a massive fire at a plastic granules unit in Surat's Udhna area. They are undergoing critical treatment at New Civil Hospital.

Tax-Free Gifts to NRI Daughter-in-Law: Key Rules

Learn how Indian residents can gift money to NRI daughters-in-law without tax implications. Understand documentation, transfer modes, and clubbing provisions under Indian tax law.

WR Opens 6th Line Between Kandivali-Borivali, Completes Phase-I

Western Railway commissions the 6th Line between Kandivali and Borivali, finishing Phase-I of the Mumbai Central-Borivali project. This new corridor provides a dedicated path for long-distance trains, aiming to reduce congestion and improve punctuality on

India's Mortgage Securities: Why This Debut Is Different

India's first listed mortgage-backed securities mark a significant evolution in housing finance. With home loans exceeding ₹30 trillion, this cautious approach aims to diversify funding without repeating past global mistakes.

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