Category: Business

Business

Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

Posted on By admin
Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

A CBDC, or central bank digital currency, is a digital form of central bank money [File] | Photo Credit: REUTERS Singapore’s central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem,…

Read More “Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says” »

Business

PhysicsWallah IPO got fully subscribed on final day of bidding

Posted on By admin
PhysicsWallah IPO got fully subscribed on final day of bidding

PhysicsWallah promoters Prateek Boob and Alakh Pandey. File | Photo Credit: Special arrangement The initial public offering of edtech unicorn PhysicsWallah got fully subscribed on the last day of the initial share sale on Thursday (November 13, 2025). The ₹3,480-crore initial share sale received bids for 20,84,88,107 shares, as against 18,62,04,143 shares on offer, translating…

Read More “PhysicsWallah IPO got fully subscribed on final day of bidding” »

Business

Crude oil futures ease amid weak spot demand

Posted on By admin
Crude oil futures ease amid weak spot demand

On the Multi Commodity Exchange, crude oil for December delivery fell ₹10, or 0.19%, to ₹5,213 per barrel in 10,100 lots. Image used for representative purpose only. | Photo Credit: Reuters Crude oil futures on Thursday (November 13, 2025) declined by ₹10 to ₹5,213 per barrel as participants trimmed their positions amid weak demand in…

Read More “Crude oil futures ease amid weak spot demand” »

Business

Government revokes Quality Control Order on polyester fibre and yarn

Posted on By admin
Government revokes Quality Control Order on polyester fibre and yarn

Central government has revoked the Quality Control Order (QCO) on polyester fibre and yarn, bringing relief to the textile industry. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Central government has revoked the Quality Control Order (QCO) on polyester fibre and yarn, bringing relief to the textile industry. In an order…

Read More “Government revokes Quality Control Order on polyester fibre and yarn” »

Business

Stock markets stay flat amid highly volatile session

Posted on By admin
Stock markets stay flat amid highly volatile session

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty started the trade on a weaker note on Thursday (November 13, 2025) but later quoted flat in a highly volatile trade amid mixed global cues. The 30-share BSE Sensex declined 138.36 points, or 0.16%, to 84,328.15 in the…

Read More “Stock markets stay flat amid highly volatile session” »

Business

AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

Posted on By admin
AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce

Manikiran Chowhan said AI has vaulted up the priority list for Indian service leaders — from 7th position to 2nd position in just one year, and Indian service leaders’ top priorities remained the same over the years: better customer experience, security and accuracy. | Photo Credit: Reuters Salesforce, a Californian AI CRM firm, on Wednesday (November…

Read More “AI to resolve 50% of service issues of enterprises in India by 2027: Salesforce” »

Business

Rupee falls 7 paise to 88.69 against U.S. dollar in early trade

Posted on By admin
Rupee falls 7 paise to 88.69 against U.S. dollar in early trade

Image for representational purposes only. | Photo Credit: Reuters The rupee traded in a narrow range and depreciated by 7 paise to 88.69 against the U.S. dollar in early trade on Thursday (November 13, 2025), as strong U.S. dollar index and a muted trend in domestic equities weighed on investors’ sentiment. Forex traders said the…

Read More “Rupee falls 7 paise to 88.69 against U.S. dollar in early trade” »

Business

Venu Srinivasan halted new inductions in Sir Ratan Tata Trust

Posted on By admin
Venu Srinivasan halted new inductions in Sir Ratan Tata Trust

File photo of Venu Srinivasan. File | Photo Credit: The Hindu The Tata Trusts meeting on November 11 was not without drama. Venu Srinivasan, a trustee in the Sir Ratan Tata Trust (SRTT) and its Vice-Chairman, is learnt to have objected to the manner in which a resolution proposing to appoint Neville Tata and Bhaskar…

Read More “Venu Srinivasan halted new inductions in Sir Ratan Tata Trust” »

Business

Union Cabinet clears new royalty rates of critical minerals

Posted on By admin
Union Cabinet clears new royalty rates of critical minerals

Caesium and rubidium would be subject to a royalty rate of 2% on the average sale price based on the specific metal contained in the ore produced. | Photo Credit: The Hindu Seeking to reduce import dependency and vulnerabilities in the supply chain of critical minerals, the Union Cabinet Wednesday (November 13, 2025), approved the…

Read More “Union Cabinet clears new royalty rates of critical minerals” »

Business

Tata Steel Q2 PAT surges 319% to ₹3,183 crore, board clears ₹1,100 crore acquisition of 50% more stake in TBSPL

Posted on By admin
Tata Steel Q2 PAT surges 319% to ₹3,183 crore, board clears ₹1,100 crore acquisition of 50% more stake in TBSPL

File photo of Tata Steel. | Photo Credit: Reuters Tata Steel Ltd. for the second quarter ended September 30, 2025, reported 319% growth in consolidated net profit to ₹3,183 crore from ₹759 crore in the year ago period. Consolidated turnover for the quarter dropped 1.34% to ₹53,178 crore. The India business reported net profit of…

Read More “Tata Steel Q2 PAT surges 319% to ₹3,183 crore, board clears ₹1,100 crore acquisition of 50% more stake in TBSPL” »

Business