Business

Several NBFCs have already secured IPO approvals from SEBI. (AI image) Non-bank financial institutions are likely to accelerate their initial public offerings (IPO) to capitalize on favourable regulatory conditions, reduced interest rates, improving credit cycles, and optimistic market sentiment that has driven equity indices to their peak levels in approximately nine months.Several NBFCs have already…

The water-sharing agreement of 1996 between India and Bangladesh was established to resolve disputes regarding the Farakka water allocation. (AI image) Ganges Water Sharing Treaty with Bangladesh to be revised? India is exploring various alternatives to modify and reassess a significant agreement with Bangladesh regarding the distribution of Ganga waters, following its decision to suspend…

Earlier in the day, Trump said that the United States and China have reached a trade agreement. (AI image) US-China trade deal: Soon after US President Donald Trump announced a trade deal, China has also confirmed that details have been finalized. China also said that United States will ‘cancel a series of restrictive measures’.Earlier in…

File photo: Xiaomi founder Lei Jun shows the Xiaomi YU7 at a launch event held in Beijing (Picture credit: AP) Chinese tech giant Xiaomi stunned the electric vehicle (EV) market on Thursday night after it received an overwhelming response to the launch of its new electric SUV, the YU7, clocking 289,000 pre-orders within the first…

The acquisition requires approval from the Competition Commission of India and completion of a mandatory tender offer to ANIL’s public shareholders. (AI image) JSW Paints Limited has signed agreements to acquire a 74.76 per cent ownership in Akzo Nobel India Limited (ANIL) from Akzo Nobel NV and its associated companies. The acquisition, valued at up…

Gold price prediction: A gap-down movement in the last few sessions, combined with soft momentum indicators, supports a Sell on Rise strategy for today’s trade. (AI image) Gold price prediction today: Gold rate has been dipping for the last few days and the Iran-Israel ceasefire has quietened the sentiment for safe haven assets. Where are…

Representative image (Picture credit: AP) Asian equities surged to multi-year highs on Friday, mirroring Wall Street’s optimism, as easing geopolitical concerns and expectations of interest rate cuts lifted investor sentiment across the region. Meanwhile, oil prices posted modest gains but remained on track for a significant weekly decline amid easing Middle East supply risks and…

US President Donald Trump and Prime Minister Narendra Modi (File Image) NEW DELHI: Trade talks between India and the US appear to be back on track, as President Donald Trump hinted that a “very big” agreement with India will be forthcoming soon. In a presser at the White House, Trump said, “Everybody wants to make…

A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in US central bank independence, waste no time in pushing the greenback back to its lowest levels in over three years.US President Donald Trump on Wednesday called Federal Reserve Chair Jerome Powell “terrible” in his latest attack on the…

MUMBAI: Startups gearing up to go public are setting their financials in order – cutting losses and chasing profitability. IPO-bound Urban Company reported its first full year of profitability in FY25, the firm said in its annual report last week. Although much of the profits – Rs 240 crore on a consolidated basis – came…