Gold rate today:Gold prices surged for the third consecutive day, rising Rs 2,600 to a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday, reflecting strong global trends amid geopolitical uncertainties triggered by the prolonged US government shutdown. The precious metal has gained Rs 6,000 over the past three…
Tata Capital Ltd’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The Rs 15,512 crore share sale drew bids for 45.85 crore shares against 33.34 crore shares on offer, a subscription of 1.38 times, according to NSE data till 1:36 PM IST.Among investors, the Qualified Institutional Buyers (QIBs) category…
MUMBAI: UK-based Revolut, which provides banking and cross-border payment services, has unveiled its India launch at the Global Fintech Fest (GFF 2025). The company aims to onboard 20 million Indian customers by 2030. The first set of Revolut cards in the country will operate on the Visa network. The platform integrates UPI, domestic prepaid Visa…
Bajaj Finserv has rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, launching the campaign “100% Bajaj. Made in India. Made for India. Made by India” to signal its commitment to policyholders, business partners, and expanding insurance penetration. The group has received regulatory approvals from the ROC, CCI, and IRDAI to acquire…
India is hopeful of reaching a “fair and balanced” trade agreement with the European Union (EU) by the end of December, commerce and industry minister Piyush Goyal said on Tuesday. The comments come as the 14th round of trade talks between the two sides takes place in Brussels.Goyal said that negotiations would be carried forward…
Market experts anticipate Indian equities to stay range-bound in the short term. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,100, BSE Sensex was near the 82,00 mark. At 9:16 AM, Nifty50 was trading at 25,116.10, up 8 points or…
MUMBAI: Indians use cash and UPI when shopping for daily needs and essentials online but prefer credit cards when it comes to high-value purchases-say for buying products such as smartphones or furniture, a joint report published by Kearney and Amazon Pay on Tuesday showed. Not to say that UPI is not used at all while…
NEW DELHI: Prime Minister Narendra Modi will inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on Wednesday, a landmark step in India’s civil aviation journey. The project marks a major milestone in Mumbai’s emergence as a global multi-airport city and is set to aid in easing congestion, boost passenger capacity, and introduce sustainable…
Institutional investments in India’s office real estate demonstrated strong recovery in 2025, indicating restored confidence despite complex global economic conditions. Office asset investments increased by 27% year-on-year in Q3, reaching $0.8 billion and representing over 60% of quarterly inflows, as reported by Colliers India.This recovery contributed significantly to total institutional real estate investments in India,…
Data from the World Gold Council revealed that global central banks made net additions of 15 tonnes to their gold reserves in August. (AI image) Gold prices are hitting new lifetime highs every week, but the rally is not deterring central banks around the world from stacking up gold to diversify foreign exchange reserves away…