Central banks worldwide increased their gold acquisitions during the third quarter of this year, with a net addition of 220 tonnes. (AI image) Betting big on gold as a reserve asset, central banks around the world have ramped up their gold reserves in the third quarter of the ongoing calendar year 2025. Gold is traditionally…
Lenskart Solutions, India’s largest eyewear retailer, is in the final day of bidding for its Rs 7,278-crore initial public offering. Interest from investors has been firm so far. By the end of the second day, bids were placed for 20.11 crore shares, compared with the 9.97 crore shares available, taking total subscription to 2.02 times.While…
Railway minister Ashwini Vaishnaw recently said that two rakes of Vande Bharat sleeper trains will be launched together. Vande Bharat sleeper train: Indian Railways is aiming to launch the first Vande Bharat sleeper train in the coming months, but ahead of its launch the Ministry of Railways has highlighted concerns regarding the quality of furnishings…
NEW DELHI: Amid global trade headwinds, PM Narendra Modi on Monday met key export bodies to discuss “export competitiveness”.The meeting, which included representatives from textiles and apparel, seafood, engineering, leather sectors and gems and jewellery, comes at a time when US tariffs have hit these segments hard, with others such as electronics and pharma going…
Investment app Groww opened its much awaited IPO for subscription on Tuesday, aiming to raise Rs 6,632 crore. The offer will be closing on November 7. At the upper price band, Groww’s valuation works out to 33.8 times FY25 earnings.Ahead of the IPO, Groww secured a little over Rs 2,984 crore from anchor investors on…
The vast wealth lying idle in lockers can be put to productive use through this scheme. Someone with 100 grams of gold can earn up to Rs 25,000 a year on the investment. (AI image) Gold has often been derided as a dead investment that neither gives dividends nor earns income for the investor. But…
BENGALURU: The Supreme Court has rejected petitions filed by Think & Learn, the parent of Byju’s, and its US-based lender GLAS Trust Company, giving its subsidiary Aakash Educational Services (AESL) the green signal to proceed with its planned rights issue and raise funds.The dismissal of the civil appeals upholds the National Company Law Appellate Tribunal’s…
Trading on the stock markets will take a pause on November 5, Wednesday, as both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for Guru Nanak Jayanti. The NSE’s and BSE’s official trading calendar listed the holiday under Prakash Gurpurb Sri Guru Nanak Dev. With the closure, there will…
NEW DELHI: A team of senior negotiators from the European Union (EU) is here for discussions with Indian counterparts on the proposed Free Trade Agreement (FTA). The talks, which began on Nov 3 and expected to last till Nov 7, aim to resolve key outstanding issues and advance the agreement toward a “balanced and equitable…
Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at…
