mumbai

Jio Financial Services Targets 2026 Insurance Launch, Focuses on Secured Lending Strategy Mumbai, March 29: Jio Financial Services (JFS) is preparing to expand its financial ecosystem with plans to launch both general and life insurance businesses in 2026, subject to regulatory approvals...

CaratLane Plans to Open 40 New Stores in FY27 Expansion Strategy CaratLane, backed by the Tata Group, has announced plans to expand its retail footprint with 40 new stores in the 2026-27 financial year.Currently, CaratLane operates nearly 50 stores across India. The company aims for a measured...

Rupee Hits Fresh Record Low of 94.70 Against US Dollar Amid Oil Price Surge, Weak MarketsMumbai, March 27: The Indian rupee plunged to a fresh all-time low of 94.70 against the US dollar during intra-day trading on Friday, pressured by rising global oil prices, a stronger dollar, and ongoing...

. Rupee Hits Record Low of 94.56 Against US Dollar Amid Rising Oil Prices and Weak Equity MarketsMumbai, March 27: The Indian rupee plunged to an all-time low of 94.56 against the US dollar during intra-day trading on Friday, breaching the crucial 94.50 level for the first time. The sharp...

British Airways Adds Flights to Meet Demand Amid West Asia Crisis New Delhi, March 26 – British Airways will operate additional flights from Delhi and Mumbai for a limited time to address increased travel demand linked to disruptions related to the West Asia crisis.Expanded Route Capacity From...

Mumbai, March 26 Adhesive maker Pidilite will bear some of the price pressures resulting from rising raw material costs, but does not expect operating profit margins to fall below the 20-24 per cent target range, a top official has said.The city-headquartered company's immediate focus will be...

India’s Housing Affordability Set to Stabilize by 2028, Report Finds New Delhi, March 26 – Homebuyers in India may find the market becoming more accessible in the coming years, according to a new report released Thursday. The report by CBRE South Asia Private Limited projects a stabilization of...

Office Space Demand Strong in India’s Major Cities, Reports Colliers India India’s Office Market Sees 15 Percent Growth in Gross Leasing New Delhi, March 26 – Demand for office space remained robust across India’s major cities during the first quarter of 2024, according to Colliers India. Gross...

India Remains Asia Pacific’s Most Cost-Competitive Office Fit-Out Market New Delhi, March 26 – India continues to strengthen its position as the most cost-competitive office fit-out market in the Asia Pacific region, offering global occupiers a compelling combination of cost efficiency, scale...

New Delhi, March 25 The Burmese specialty restaurant chain, Burma Burma, announced on Wednesday that it had raised over ₹38 crore in a private funding round, valuing the company at approximately ₹500 crore.The fresh capital will be used to support expansion into new cities and strengthen its...

Mumbai, March 25 – A special court in Mumbai has denied bail to Pune businessman Amit Thepade in a ₹117-crore money laundering case. The court’s ruling emphasizes the seriousness of economic offenses and their potential threat to the country’s financial health.Key Developments in the Case The...

Mumbai, March 24 American bank JP Morgan has appointed HSBC Group veteran Rahul Badhwar as its senior country officer for India.Sjoerd Leenart, JP Morgan's chief executive for Asia Pacific, made the announcement about Badhwar's appointment.Badhwar replaces Kaustubh Kulkarni, the senior...

Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...

Government Can Mobilise ₹8 Lakh Crore Annually for Road Projects, Says Nitin Gadkari Mumbai, March 24: Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday highlighted the government’s capacity to mobilise up to ₹8 lakh crore annually for road infrastructure, while raising...

India Industrial and Warehousing Inventory Crosses 500 Million Sq Ft Mark: Knight Frank Report Inventory Reaches 549 Million Sq Ft Across Eight Major Markets Mumbai, March 21: India’s industrial and warehousing sector has crossed a significant milestone, with total inventory across eight major...

Mumbai, March 20 The Reserve Bank announced on Friday that it has imposed a fine of ₹31.8 lakh on Hongkong and Shanghai Banking Corporation for non-compliance with certain directions related to inactive accounts and unclaimed deposits.In a statement, the Reserve Bank said that a statutory...

Rupee Hits Fresh Intra-Day Low of 93.49 Against US Dollar Amid FII Outflows and West Asia Tensions Local Currency Breaches 93-Mark for the First Time Mumbai, March 20 The Indian rupee fell sharply by 60 paise on Friday to touch a fresh intra-day low of 93.49 against the US dollar, pressured by...

Indian Rupee Hits Record Low of 93.12 Against US Dollar Amid West Asia Tensions Rupee Weakens Sharply as Global Risks Intensify Mumbai, March 20: The Indian rupee plunged to a record low on Friday, falling to 93.12 against the US dollar, as escalating conflict in West Asia disrupted global...

Sensex, Nifty Crash Over 3% to Near One-Year Lows as Oil Spike and West Asia Tensions Shake Markets Sharp Sell-Off Erases Recent Gains Mumbai, March 19: Benchmark equity indices Sensex and Nifty plunged more than 3 per cent on Thursday, closing near one-year lows as a surge in crude oil prices...

Indian Stock Market Crash: Sensex and Nifty See Steepest Fall in Nearly Two Years Amid Oil Price Surge Benchmark Indices Drop Over 3% Amid Global Tensions Mumbai, March 19: Indian stock markets witnessed a sharp decline on Thursday as escalating geopolitical tensions and a surge in crude oil...