Savings Effect
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UNIVERSITY OF MICHIGAN SURVEY SHOWS U.S. CONSUMER CONFIDENCE FALLING TO ANOTHER RECORD LOW AS INFLATION EXPECTATIONS RISE ACROSS SHORT- AND LONG-TERM OUTLOOKS
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IRAN-LINKED SOCIAL MEDIA ACCOUNTS CONTINUE MOCKING TRUMP AND PROJECTING DEFIANCE AMID EFFORTS BY TEHRAN TO COUNTER U.S.-ISRAELI NARRATIVES OF A WEAKENED IRANIAN LEADERSHIP
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GOVERNMENT MAY TEMPORARILY REMOVE COTTON IMPORT DUTY FROM JULY TO OCTOBER AMID SURGING PRICES AND SUPPLY CONCERNS RAISED BY TEXTILE MILLS: BS INDIA
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#GlenmarkPharma Arm settles US antitrust litigation for $29.6 m (approx ₹284 cr) with State attorneys general
Glenmark to pay settlement in installments over 5 years, denies wrongdoing, no admission of liability
Co says settlement fully provided for, no material impact
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A man from Punjab was arrested for espionage after installing a CCTV camera to monitor military movements. Two of his accomplices are already imprisoned.
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The Central Board of Directors of the RBI met on Friday under the Chairmanship of Governor Sanjay Malhotra and approved the transfer of ₹2,86,588.46 crore to the central government for the accounting year 2025-26.
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Snapping a three-day winning streak, the yellow metal of 99.9 per cent purity depreciated by Rs 600 to Rs 1,64,900 per 10 grams (inclusive of all taxes)
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US stocks eye best weekly run of gains since 2023
Futures for the benchmark rose 0.2%, with the S&P 500 on track for an eighth straight week of gains. Brent rebounded 1.9% toward $105 a barrel, but remained lower for the week.
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The financial conditions, crude oil prices, and capital flows continue to pose challenges to the external sector outlook amid the West Asia conflict, the Reserve Bank Bulletin said.
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India's forex reserves dropped $8.094 billion to $688.894 billion during the week ended May 15, the Reserve Bank of India (RBI) said.
The kitty had expanded to an all-time high of $728.494 billion during the week ended February 27 this year before the onset of the Middle East conflict which led to several weeks of a drop as the rupee came under pressure and the RBI had to intervene in the forex market through dollar sales.
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The Bajaj group enters its 101st year after navigating family feuds, liberalisation-era competition and changing market trends. While Bajaj Auto and Bajaj Finance remain dominant in their sectors, the group now faces fresh challenges in expanding beyond its traditional businesses.
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