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Sanjay Malhotra. File | Photo Credit: The Hindu Reserve Bank governor Sanjay Malhotra on Thursday (November 20, 2025) said the central bank does not target any level of Rupee, and the recent depreciation of the domestic currency against the U.S. dollar is owing to demand for the greenback. The governor also said the Reserve Bank…
The 30-share BSE Sensex jumped 446.21 points, or 0.52%, to settle at 85,632.68, and the 50-share NSE Nifty also hit its 52-week high of 26,246.65 during the day before closing at 26,192.15. File | Photo Credit: Reuters Benchmark Sensex climbed 446 points on Thursday (November 20, 2025), extending gains for the second consecutive day on…
Read More “Stock markets surge for second day on firm global trends, fresh foreign fund inflows” »
Representative image | Photo Credit: Getty Images/iStockphoto The rupee depreciated 23 paise to close at 88.71 (provisional) against the U.S. dollar on Thursday (November 20, 2025), on broad strength of the American currency and fading odds of a rate cut by the U.S. Federal Reserve. Forex traders said the dollar has staged a rally, moving…
Read More “Rupee falls 23 paise to close at 88.71 against U.S. dollar” »
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Putting forth recommendations in the run-up to the Union Budget for fiscal year 2026-27, the Federation of Indian Mineral Industries (FIMI), the industry body for miners, has urged the government to increase the basic customs duty on primary aluminium and products made from it to…
“The NCLT approval marks the beginning of a new chapter for the combined entity and represents a fundamental transformation to leapfrog into the next orbit of the global animal health market,” SeQuent said in a statement. SeQuent Scientific Limited which is into Animal Health industry, and Viyash Lifesciences Private Limitd an integrated pharmaceutical company, announced…
Read More “NCLT approves SeQuent Scientific, Viyash Lifesciences merger” »
File picture of Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group | Photo Credit: Reuters The Enforcement Directorate (ED) has attached fresh assets worth more than ₹1,400 crore as part of a money laundering probe related to Reliance Group chairman Anil Ambani and his companies, official sources said. The federal investigative agency had…
“They will be the first customer of this cluster,” Amin said, adding that Luma has contracted to purchase the entire 100-megawatt capacity [File] | Photo Credit: REUTERS Advanced Micro Devices, Cisco Systems and Saudi Arabian artificial intelligence startup Humain are forming a joint venture to build data centres in the Middle East and have landed…
Read More “AMD, Cisco, and Saudi’s Humain launch AI joint venture, land first major customer” »
Image for representational purposes only. Equity benchmark indices Sensex and Nifty were trading higher in early trade on Thursday (November 20, 2025). | Photo Credit: Getty Images Equity benchmark indices Sensex and Nifty were trading higher in early trade on Thursday (November 20, 2025), mirroring a rally in global equity markets with fresh foreign fund…
Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group. | Photo Credit: PRASHANT WAYDANDE The board of Reliance Power Ltd of the Anil Ambani-led Reliance Group has approved the constitution of the Board of Management (BOM) comprising of the CEO, Key Managerial Personnel, and senior business leaders of the company for stronger governance, sharper…
Read More “Reliance Power board takes step for stronger governance” »
At the interbank foreign exchange market, the rupee opened at 88.63, then lost ground and touched a low of 88.66 against the U.S. dollar, registering a decline of 18 paise over its previous close. | Photo Credit: Getty Images/iStockphoto The rupee depreciated by 18 paise to 88.66 against the U.S. dollar on Thursday (November 20,…
Read More “Rupee falls 18 paise to 88.66 against U.S. dollar in early trade” »
