The Indian rupee opened 9 paise higher at 86.8525 against the US dollar on February 20, supported by a weaker dollar index. The rupee had closed at 86.9487 in the previous session. The dollar index (DXY), which measures the greenback’s strength aga

The ongoing downturn in the equity market has significantly impacted Life Insurance Corporation of India (LIC), a state-owned insurer, with the total value of its stock holdings dropping by approximately ₹84,000 crore over the past one-and-a-half m

Goldman Sachs, a leading global player in banking and financial services, acquired shares of the premier stock exchange BSE for ₹401 crore through an open market transaction on Wednesday, February 19, 2025. According to bulk deal data from the N

Gold rates in India today, on 20th February have surged further, surpassing the ₹8,800 per gram threshold. This marks the highest gold price recorded in February so far. As per the latest updates, the price of 22K gold stands at ₹8,070 per gram,

The central government is expected to significantly enhance the insurance coverage on bank deposits, increasing the limit to between ₹8-12 lakh from the existing ₹5 lakh by the end of this month, according to sources familiar with the matter, as

India's position in the MSCI Emerging Market Index has weakened, slipping to third place behind China and Taiwan. The country's weightage in the index has also dropped below the key 20 threshold amid ongoing market corrections and significant sell-o

Shares of Adani Group companies displayed a mixed trend on Wednesday following a Reuters report that the U.S. Securities and Exchange Commission (SEC) has sought assistance from Indian authorities regarding its investigation into alleged securities f

The Indian specialty chemicals sector is facing potential profitability challenges as U.S. President Donald Trump’s proposed reciprocal tariffs could impact exports, according to Citi Research. These tariffs are expected to disrupt trade flows and

Several television brands in India are contemplating a price hike of up to 7 due to the continued depreciation of the Indian rupee against the US dollar and the rising costs of open cells, according to industry experts and analysts. They caution tha

Technology-driven HR solutions provider CIEL HR Services is gearing up to go public following the receipt of final observations from the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The company had initially su

On Tuesday, February 18, Intel’s stock price jumped more than 10 following a weekend report suggesting that Taiwan Semiconductor Manufacturing Co. (TSMC) and Broadcom were both considering strategic moves that could potentially lead to the chipmak

In a bid to create a more secure trading environment, the Securities and Exchange Board of India (SEBI) has proposed a SIM-binding authentication mechanism for mobile devices, linking them to a client’s Unique Client Code (UCC). This proposal, simi