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A major driver of the drop was a sharp $5.121 billion fall in gold reserves, bringing them down to $81.217 billion.
The Indian rupee rebounded strongly, appreciating by 50 paise to Rs 85.45 against the US dollar, driven by a weaker dollar index and robust domestic equity market performance. Positive global risk sentiment and central bank initiatives ...more
Wipro's Executive Chairman Rishad Premji's compensation more than doubled to USD 1.6 million in FY25, driven by an 18.9% rise in net profit. CEO Srinivas Pallia, who assumed the role in April 2024, earned USD 6.2 million, significantly ...more
The National Stock Exchange's IPO is nearing approval from Sebi. NSE, valued at Rs 4.7 lakh crore in 2024, dominates India's stock market and boasts over 1 lakh shareholders, making it the most broadly held unlisted company.
Will discuss rate rationalisation, future of compensation cess
As SEBI mulls NSE’s request for Tuesday expiry, BSE may shift to avoid clash, say analysts
India recently completed the 11th round of negotiations with the EU on their proposed FTA
RBI reiterated that the ultimate responsibility for periodic updation of KYC remains with the bank
HNI portion received bids for 38 times
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