Sensex slips 42 points after two-day rally; IT shares fall on profit-taking

Sensex slips 42 points after two-day rally; IT shares fall on profit-taking

Snapping a two-day winning run, the 30-share BSE Sensex slipped 42.64 points, or 0.05%, to finish at 85,524.84 on the day. The benchmark oscillated through the session, hitting a high of 85,704.93 and a low of 85,342.99 before settling modestly lower. Market snapshot Close: 85,524.84 Change: down 42.64 points (–0.05%) Intraday high: 85,704.93 Intraday low: … Read more

NSEL investors to urge Finance Ministry for faster execution of OTS

NSEL investors to urge Finance Ministry for faster execution of OTS

Investors push the Finance Ministry for quicker One-Time Settlement at NSEL Thousands of investors affected by the long-standing NSEL matter are preparing to press the Finance Ministry for faster implementation of the One-Time Settlement (OTS) mechanism. Their calls reflect growing impatience with delays and a demand for clearer timelines and more transparent procedures. Why investors … Read more

Rupee rises 3 paise to settle at 89.65 against U.S. dollar

Rupee rises 3 paise to settle at 89.65 against U.S. dollar

The Indian rupee made a modest gain against the US dollar in early trade at the interbank foreign exchange on the session. It opened at 89.67, moved between 89.59 and 89.85, and finally settled at 89.65 (provisional), up 3 paise from the previous close. Intraday movement and trading range Volatility was limited during the session, … Read more

The NPS makeover and retirement security

The NPS makeover and retirement security

Recent regulatory changes have resolved several long-running criticisms of the National Pension System (NPS), making it a more practical and attractive option for retirement savings. By loosening strict lock-in rules, relaxing annuitization requirements and expanding equity exposure, the reforms have brought greater flexibility, higher return potential and clearer choice for savers. What the reforms changed … Read more

Motilal Oswal Alternates picks minority stake in Sensa Core for $72 mn

Motilal Oswal Alternates picks minority stake in Sensa Core for $72 mn

The recent infusion of capital from Motilal Oswal Alternates into Sensa Core marks a pivotal moment for the company’s growth trajectory. The funding is positioned to speed up product development cycles and support an ambitious plan to broaden Sensa Core’s presence across international markets. What this investment means for Sensa Core For growing technology firms, … Read more

Gold prices, silver futures extend record rally on rate-cut hopes

Gold prices, silver futures extend record rally on rate-cut hopes

Precious metals climb as investors seek safe havens Gold and silver have recently climbed to record highs as investors poured into safe assets amid rising geopolitical tensions and growing expectations that central banks will cut interest rates. The move reflects a mix of economic signals and risk-off sentiment that is pushing demand for hard assets. … Read more

Jos Alukkas welcomes Dulquer Salmaan as brand ambassador

Jos Alukkas welcomes Dulquer Salmaan as brand ambassador

The group’s decision to associate with Dulquer Salmaan arrives as it seeks to reach a broader, more contemporary audience. The move signals a strategic push to modernize the brand image, tap into younger demographics, and use cultural credibility to accelerate growth across markets. Why Dulquer Salmaan is a strategic fit Dulquer Salmaan is known for … Read more

Rupee rises 3 paise to settle at 89.65 against US dollar

Rupee rises 3 paise to settle at 89.65 against US dollar

Why the local currency didn’t rise more despite positive momentum Currency markets showed some strength for the local unit, but gains were muted. Forex traders point to two main headwinds: a rise in global crude oil prices and continued foreign capital outflows. Together, these forces acted as a brake on sharper appreciation. How crude oil … Read more