Business Finance
The Indian rupee fell to a fresh record low against the US dollar, weakening past previous lows amid strong dollar demand and ongoing selling pressure from foreign investors. The depreciation reflects continued stress in the foreign exchange markets and cautious investor sentiment. Foreign Outflows and Market Impact Sustained foreign portfolio outflows from Indian equities
Business
The Supreme Court has issued notices to industrialist Anil Ambani and companies linked to the Anil Dhirubhai Ambani Group in a public interest litigation alleging large-scale banking and corporate fraud. The court granted a final opportunity to the concerned parties to appear and submit their responses. Directions to Agencies The court directed investigating agencies,
Business
Amazon is preparing to announce a fresh round of corporate job cuts as early as next week, as part of a broader plan to reduce its white-collar workforce by nearly 30,000 roles. The move is part of ongoing cost-cutting and restructuring efforts across the company. Teams Likely Affected The planned layoffs are expected to impact […]
Business Markets
European stock markets rose on Thursday as investor concern eased after U.S. President Donald Trump withdrew threatened tariffs on several European countries tied to tensions over Greenland and agreed on a diplomatic framework with NATO. Major indexes regained ground after earlier sharp losses linked to trade fears. Market Reaction The STOXX Europe 600 index climbed […]
Business
Deepinder Goyal has resigned as chief executive officer of Eternal Ltd, the parent company of Zomato and Blinkit. The leadership change will take effect from February 1, 2026, the company said in an official announcement. Albinder Dhindsa Named Successor Eternal has appointed Albinder Singh Dhindsa, currently the chief executive officer of Blinkit, as its new […]
Business Markets
Asia Pacific stock markets fell as investors reacted to renewed U.S. tariff threats tied to President Donald Trump’s push for tariffs on several European countries over geopolitical tension linked to Greenland. Japan’s Nikkei 225 and South Korea’s Kospi both declined, reflecting a cautious mood in regional equities. Wall Street Drop Hits Sentiment Wall Street suffered […]
Business
Jio Platforms has initiated formal steps toward a major public listing, signalling the start of what could become one of India’s largest initial public offerings. The digital arm of Reliance Industries has begun internal preparations as it evaluates the structure and timing of a potential public float. Banks Shortlisted for IPO Process The company has […]