The global bond selloff has pushed borrowing costs higher and intensified concerns over inflation, further rate hikes and pressure on asset valuations. US Treasury yields remained elevated on Friday after a fresh selloff in global bonds pushed the 30-year yield to its highest level since 2004, raising borrowing costs and adding to concerns about the…
Oil ministry data showed that active domestic LPG customers stood at 327.7 million at the beginning of September. The US-Iran war has hit LPG imports and as a result India’s domestic LPG customer base has declined for the first time in more than a decade. Around 6.2 million households have dropped off between April and…
India draws record $94.5 billion FDI in FY26 India’s investment and manufacturing push has clocked record gains, with Foreign Direct Investment (FDI) reaching a record $94.53 billion in 2025-26, commerce and industry minister Piyush Goyal said on Friday.The latest annual inflow has taken India’s cumulative FDI receipts between 2014 and 2026 to $843 billion, Goyal…
Chief economic adviser V Anantha Nageswaran has flagged three near term headwinds for India’s growth story: unsettled relations with the US, volatile energy prices and the absence of an artificial intelligence (AI) play in the country, weighing down the country’s economic momentum.Earlier, speaking at the State Bank of India’s Banking and Economics Conclave in Mumbai…
finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Friday clarified that the Merchant Discount Rate (MDR) on UPI transactions is not a government charge and will not burden consumers.Sitharaman clarified that consumers will not have to pay Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 and, rather it will be…
For the intraday session, buying near Rs 1,50,750 can be considered with risk strictly controlled below Rs 1,50,000. Gold price prediction today: Gold appears to be stabilising after recent corrections, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities, while recommending a buy on dips strategy.MCX Gold October futures are consolidating around…
PB Fintech shares hit multiple circuit limits during Thursday’s session before ending 36% lower at a 52-week low. PB Fintech share price today: PB Fintech, the parent company of Policybazaar, suffered its steepest-ever single-day fall on Thursday, with the stock plunging 36% and wiping out around Rs 31,430 crore from the company’s market value. The…
The panel has chosen not to use the term “blacklisting” for the action. Instead, the IITs will describe it as “non-cooperation”. Campus hiring is one of the most popular ways to get jobs at the entry level. But companies sometimes do not honour their job offers.The Indian Institutes of Technology (IITs) have decided to stop…
MUMBAI: Rising global bond yields, a spike in crude oil prices and a weak overnight US market closing took a toll on Dalal Street on Thursday. As investors sold off, sensex closed 1,247 points or 1.7% down at 73,581 points, a more than three-month closing low. Financial stocks, which stand to be hit most by…
MUMBAI: Shares of National Stock Exchange (NSE), the largest bourse in India in terms of turnover and profit, listed on BSE at Rs 1,800, a marginal 0.8% premium to its IPO price of Rs 1,785 but rallied soon after. After touching an intraday high of 1,878, a 5% gain over its offer price, the stock…
