Business

NEW DELHI: Godrej Properties , one of India’s prominent real estate developers, acquired 14 land parcels across major cities during the 2024–25 fiscal year, with a total development potential of approximately Rs 26,500 crore. These acquisitions span key urban markets, including the Mumbai Metropolitan Region (MMR), Pune, Delhi-NCR, Bengaluru, Kolkata, Ahmedabad, and Indore, according to … Read more

The Indian rupee appreciated by 17 paise to close at 85.40 against the US dollar on Monday, buoyed by a weaker dollar index and a decline in global crude oil prices . Caution in global markets following Moody’s downgrade of the US sovereign credit rating also contributed to the dollar’s weakness. At the interbank foreign … Read more

US stock markets today: US stock markets opened sharply lower on Monday after Moody’s downgraded the country’s sovereign credit rating, citing concerns over escalating federal debt and long-term fiscal slippage. The downgrade rattled investor confidence, triggering broad-based selling across equities and lifting market volatility. At the opening bell, the Dow Jones Industrial Average dropped 288.77 … Read more

The Directorate General of Foreign Trade (DGFT), under the commerce ministry, on Monday notified changes to align India’s import policy schedule with modifications made in the Customs Tariff through Budget 2025, particularly in the segment of precious metals. The move aims to ensure consistency between customs duty structures and regulatory frameworks for imports, PTI news … Read more

Skyriss, a regulated multi-asset brokerage headquartered in Dubai, has been officially recognized as one of the leading global CFD (Contract for Difference) brokers, cementing its position as a next-generation trading platform redefining how traders access financial markets.Licensed by the Securities and Commodities Authority (SCA) and compliant across multiple international jurisdictions, Skyriss is gaining momentum for … Read more

Amid the major crackdown on immigrants, the Donald Trump administration Monday targeted travel agents in India who are known for facilitating illegal immigration to the United States. The State Department said the owners, executives and the senior officials of such travel agencies based and operating in India will face visa restrictions so that the smuggling … Read more

Mumbai: The rupee appreciated 15 paise to settle at 85.42 against the US dollar on Monday, on weak US dollar index and a decline in crude oil prices. Forex traders said global investors were also cautious as global rating agency Moody’s downgraded US investment grade rating, leading to a fall in dollar index. At the interbank … Read more

Shiprocket, a Zomato-backed logistics company specializing in D2C brand shipments, is gearing up to file a draft prospectus with the Securities and Exchange Board of India(SEBI) for its Initial Public Offering (IPO). The company hopes to raise ₹2,000-2,500 crore. According to the Economic Times, Shiprocket’s board has approved the IPO plan and plans to submit … Read more

The Reserve Bank of India (RBI) has set the redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series 2 at ₹9,284 per unit. The rate is based on the average gold prices between May 14 and May 16, according to the India Bullion and Jewellers Association. The original issue price of the SGB was … Read more

New Delhi: Gold prices rallied Rs 580 to Rs 97,030 per 10 grams in the national capital on Monday amid strong trends in the international markets, according to the All India Sarafa Association. On Friday, the precious metal of 99.9 per cent purity had closed at Rs 96,450 per 10 grams. Gold of 99.5 per cent … Read more