The Indian rupee continued its upward trend for the second consecutive day, opening 25 paise higher at 87.82 against the U.S. dollar on October 16. The gains came after former U.S. President Donald Trump claimed that India had committed to halting im
Silver prices in India recorded a modest increase on Thursday, October 16, 2025, maintaining their upward momentum amid steady global demand and currency fluctuations. The rise comes as international spot prices strengthened and the rupee weakened sl
Gold prices in India continued their upward trajectory on Thursday, October 16, 2025, reflecting strong investor confidence and sustained demand amid the festive season. The consistent rise is supported by firm global prices, currency fluctuations, a
After months of consistent selling, foreign institutional investors (FIIs) have changed their strategy and are now net purchasers of Indian stocks. According to NSDL data, FIIs were net buyers in five of the seven trading sessions from October 7 to O
Canara Robeco Asset Management Company Limited, India's second-oldest asset management company operating as a joint venture between Canara Bank and ORIX Corporation Europe N.V., managing 26 schemes with a diverse product mix and serving customers thr
Rubicon Research Limited, one of India’s fastest-growing pharmaceutical companies with a portfolio of 72 active ANDA/NDA products approved by the U.S. FDA, three manufacturing facilities in India, two US FDA-inspected R&D facilities, and over 9
Midwest Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third day of subscription. The stock price band is set at ₹1,014-1,065 per share. The ₹451.00 crore IPO reached 92.36 times by 5:04:35 PM
The Indian rupee witnessed its sharpest single-day rebound in nearly four months, recovering strongly from near-record lows on the back of likely central bank intervention and renewed optimism surrounding India-U.S. trade talks. Rupee Records Bigg
Kotak Mutual Fund confirmed that it will move ahead with the launch of its Kotak Gold Silver Passive Fund of Fund (FoF) as scheduled, even as silver prices remain high due to a temporary supply shortage. The fund house expects price stability after D
India’s banking sector is set for another major transformation as the government prepares a large-scale merger plan involving several public sector banks (PSBs). According to official sources, the proposal aims to consolidate smaller state-owned le
Shares of HDFC Life and Tata Communications rose sharply on October 15 as investors reacted positively ahead of the companies’ Q2 FY26 results for the July–September quarter. Tata Communications briefly touched a 52-week high during morning trade
Jerome Powell, Chair of the U.S. Federal Reserve, indicated that the central bank is likely to implement further interest rate cuts later this year to support the labour market. Speaking on Tuesday, Powell acknowledged that inflation has reaccelerate
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