Economic cycles often make or mar the fortunes of business houses in India. One wrong move—a bullish bet when the macroeconomic environment is veering towards a downturn or overleveraging in hopes that an accommodative credit cycle will continue fo

India's factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, indicating strong demand despite worsening global economic conditions as input cost inflation fell to a two-year low. The Manuf

India’s stock markets may be scaling new heights but the country’s unemployment rate is also on the rise. India's unemployment rate rose to 8.0% in November, the highest level in three months, from 7.77% in the previous month, data from

The Reserve Bank of India (RBI) has begun the pilot on the retail portion of the central bank digital currency (CBDC), or e-rupee as it would be called. What exactly is the e-rupee? Digital Rupee, or e-rupee, is a form of digital token th

Gold Price Today vs. Gold Price Yesterday The most popular gold rate for trading and futures purposes is normally the 24-carat gold with higher purity. Hence, when we talk of gold price today in the case of financial markets it refers to 24-carat

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.5 lakh today. Solar Industries Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two years. During th

Fintech startup GaragePreneurs Internet Pvt Ltd, which operates under the brand Slice, has been sprinting to pick up pots of money from investors. In the last 18 months alone, it has scooped up $290 million across three tranches including t

It seems like defunct carrier Jet Airways, which now has a new set of owners who have been wanting to revive it, may take a little longer to take to the skies again. According to a Reuters report, Jet Airways' creditors and its new owners ar

Earlier this month, Edelweiss Real Assets Managers Ltd, part of Edelweiss Alternatives, closed the AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust (InvIT), with initial assets under management of more than Rs 2,

An investment of Rs 1 lakh in the shares of Gujarat Ambuja Exports Ltd two and a half years ago would have turned to Rs 3.96 lakh today. Gujarat Ambuja Exports Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its sh

India Inc wants the Reserve Bank of India (RBI) to slow down on any further interest rate hikes, citing weak domestic growth prospects, as fears of a global slowdown loom large. "Given the headwinds to domestic growth mainly emanating from t

After the government and the Life Insurance Corp sell most of their stake in IDBI Bank, the lender will be considered a ‘private sector’ bank, the finance ministry has said. The government will continue to hold a 15% residual stake in th