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The CBI said it had registered a complaint after the State Bank of India claimed a loss of ₹2,929.05 crore resulting from alleged misappropriation by Reliance Communications and Anil Ambani. File. | Photo Credit: PTI The Bombay High Court on Friday (October 3, 2025) dismissed a petition filed by industrialist Anil Ambani challenging the State Bank…
Image for representation | Photo Credit: Getty Images The rupee depreciated 7 paise to close at 88.78 (provisional) against the U.S. dollar on Friday (October 3, 2025), near its all-time low level, on dollar demand from importers and persistent foreign fund outflows. Forex traders said the USD/INR pair is hovering around its all-time low level,…
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Image for representation only | Photo Credit: – Benchmark indices Sensex and Nifty ended higher for the second day in a row on Friday (October 3, 2025), propelled by buying in metal stocks and a rally in global markets. The 30-share BSE Sensex climbed 223.86 points, or 0.28%, to settle at 81,207.17. During the day,…
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Reserve Bank Governor Sanjay Malhotra. | Photo Credit: RBI India’s macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve Bank Governor Sanjay Malhotra said on Friday (October 3, 2025). Speaking at Kautilya Economic Conclave 2025 here, the RBI Governor attributed the country’s…
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“More than 30,000 delivery partners have generated their PRANs within 72 hours of this integration and the platform is committed to enable more than one lakh delivery partners with their NPS retirement accounts,” Zomato said. | Photo Credit: Reuters Zomato and HDFC Pension have collaborated to introduce ‘NPS Platform Workers Model’ for delivery partners of…
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The first consignment, which comprised over 100 Maruti Suzuki models including the Brezza, Dzire, WagonR, and S-Presso, departed from the firm’s recently inaugurated Manesar in-plant railway siding. Photo: Special Arrangement Maruti Suzuki India Limited has become the country’s first automobile manufacturer to transport vehicles to the Kashmir Valley using Indian Railways. The company announced the arrival…
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Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday (October 3, 2025), retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55% to ₹1,16,945 per 10 grams in a…
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Union Finance Minister Nirmala Sitharaman delivers inaugural address at the Kautilya Economic Conclave 2025, in New Delhi on October 3, 2025. Photo: X/@nsitharamanoffc Finance Minister Nirmala Sitharaman on Friday (October 3, 2025) said India’s capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said…
At the interbank foreign exchange market, the rupee opened at 88.68, then lost ground and touched 88.76 against the U.S. dollar, registering a decline of 5 paise over its previous close. | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Friday (October 3, 2025) and depreciated 5 paise to 88.76 against…
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For representative purposes. | Photo Credit: Getty Images The story so far: In the clean energy market, the limelight has recently shifted from solar and wind towards green hydrogen. Hydrogen is widely used in industries for oil refining and ammonia and methanol production, but most of it is currently produced using fossil fuels, which add…
Read More “Will China capture the electrolyser market? | Explained” »