US President Donald Trump called Federal Reserve Chair Jerome Powell “terrible” and said he had narrowed down his choice for the next Fed chair to “three or four people,” stoking fresh speculation about an early leadership change at the central bank.“I know within three or four people who I’m going to pick,” Trump told reporters,…
Promoters Tata Sons and Singapore Airlines infused Rs 9,558 crore into Air India during 2024–25, with the bulk of the investment coming after the merger of Vistara and Air India in November last year, the airline confirmed on Wednesday.Air India spokesperson said the capital was raised to support ongoing transformation plans, fund capital expenditure, and…
The Nifty Realty index has surged 8% over the past month—outpacing the Nifty 50’s 1.4% gain—as real estate stocks continue to show resilience despite global market headwinds.Analysts told ET that despite some profit booking after the June 9 peak of 1,049.50, the realty index remains above key short- and long-term moving averages, signalling sustained upward…
Despite a 100 basis point cut in the Reserve Bank of India’s repo rate since February 2025, some small finance banks are still offering attractive fixed deposit (FD) rates above 8% for general depositors on deposits below Rs 3 crore. While most banks have lowered interest rates in line with the policy easing, investors looking…
The rupee retreated 3 paise on Wednesday to settle at 86.08 against the US dollar, giving up part of its sharp gains from the previous session, amid a firmer dollar index and foreign fund outflows.At the interbank foreign exchange, the local unit opened at 86.00 and touched a high of 85.79 before closing at 86.08….
Capital markets regulator Sebi on Wednesday slapped a Rs 25 lakh penalty on BSE for failing to provide equal access to corporate disclosures to all stakeholders and take action against brokers with frequent modifications during trades.The market regulator passed the order after an inspection conducted between February 2021 and September 2022.In a 45-page order, Sebi…
Billionaire industrialists Mukesh Ambani and Gautam Adani have joined hands for a second time in less than two years, this time to co-market automotive fuels by integrating their retail networks — a strategic move that marks a rare alliance in India’s highly competitive energy sector.Ambani’s Jio-bp and Adani Total Gas Ltd (ATGL) on Wednesday announced…
The ATMS implementation spans the Dwarka Expressway and a 28-km section of NH-48. India has launched its first Advanced Traffic Management System (ATMS) project on the Dwarka Expressway in Delhi on Wednesday. The initiative complies with the National Highways Authority of India’s (NHAI) latest 2023 guidelines, advancing towards intelligent and secure highways.The ATMS implementation spans…
Oil prices dropped approximately 6% on Tuesday, influenced by Trump’s remarks regarding China following the ceasefire declaration. (AI image) US President Donald Trump announced on Tuesday that China may proceed with Iranian oil purchases following the Israel-Iran ceasefire agreement, though the White House subsequently clarified this statement does not represent an easing of US sanctions.“China…
Ola Electric shares plunged to a record low of Rs 43.16 on the NSE on Tuesday, marking a sharp 72% fall from their all-time high of Rs 157.40 on August 20, 2024 — just six days after the company debuted at Rs 75 per share. The stock has seen a consistent decline.According to exchange data,…
