By Dilip Parmar The rupee took a beating, declining for a third straight week amid foreign fund outflows, higher crude oil prices and strong dollar demand from the corporates. The emerging market currencies posted their biggest weekly loss since April on expectations that US interest rates are headed higher to tame inflation. India’s inflation breached […]
The annual Kapoor Christmas luncheon, a star-studded affair, recently brought together the renowned Bollywood family members. Among the distinguished guests was Shweta Bachchan, daughter of legendary actor Amitabh Bachchan, accompanied by her husband, the accomplished businessman Nikhil Nanda. Nikhil Nanda, a successful entrepreneur, shares family ties with Bollywood stars Ranbir Kapoor, Kareena Kapoor Khan, and […]
Oil prices were steady on Thursday after U.S. crude stocks climbed less than expected, while investors awaited further clarity on supply drivers, including an OPEC+ meeting and the looming EU ban on Russian refined products. Brent crude futures dipped 4 cents, or 0.1%, to $86.08 per barrel by 0400 GMT, while U.S. West Texas Intermediate […]
The Indian share market tanked over 1% on Tuesday as investors shied away from equities fearing a recession in the wake of the central bank’s liquidity tightening. Markets have been volatile over the past few sessions and analysts see persistent volatility going forward as well. Analysts believe that the recent correction is a result of […]
The Job One of the most rewarding aspects of my job is to solve various challenges that come up at the workplace or in the business ecosystem from time to time. It motivates me to foster an environment where obstacles become opportunities for innovation and growth. This also allows me to engage actively with my […]
Four Adani group companies’ shares have been excluded from the Nifty Alpha 50 index as the National Stock Exchange of India (NSE) rejigged its indices. Adani Enterprises, Adani Green Energy, Adani Transmission, and Adani Total Gas have been excluded from the Nifty Alpha 50 index, along with ten other stocks. The rejig and replacement is […]
The new year is going to be a difficult one for social media platforms like X, Instagram, Facebook, and others as they will come under increased regulatory scrutiny for artificial intelligence-generated user harm cases. They would need to increase their due diligence in terms of vetting content on their platforms as the onus of identifying […]
As the curtain falls on 2023, it marks a year of immense celebration in Indian Cinema, with numerous films surpassing the remarkable milestone of 500 crores. Simultaneously, the OTT landscape witnessed a great landscape, offering audiences some of the most compelling binge-worthy content. Following a year packed with celebrated blockbusters and enthralling storytelling on OTT, […]
The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus turning to the Federal Reserve’s minutes from the December meeting. The euro was last down around 1.3% against the dollar at $1.0526, its lowest level since Dec. […]
Portfolio managers have seen a fourth of their clients drop off over the course of the previous three years amid an increase in ticket size and sub-par returns. Portfolio management services (PMS) providers had 161,465 clients in November 2019. That fell 25% to 120,978 as of November 2022, data from a monthly regulatory bulletin showed. […]
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