Adani, Aditya Birla locked in a race for cement business expansion

Adani, Aditya Birla locked in a race for cement business expansion

Ambuja Cements to Boost Capacity by 10% by FY28 Ambuja Cements, now part of the Adani group, has announced plans to raise its production capacity by about a tenth by fiscal 2028. The move mirrors a similar expansion pace recently outlined by a larger rival, signaling renewed confidence in long-term demand for cement across India. … Read more

Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar

Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar

Rupee’s Rally Curtailed by Firm Dollar and Fund Outflows The Indian rupee tried to move higher but failed to make a sharp gain as forex traders pointed to a firm dollar, steady outflows of foreign funds and subdued domestic equity markets as key constraints. What held the rupee back? Strong dollar: A resilient US dollar … Read more

Why you need a Will—and how to get it right

Why you need a Will—and how to get it right

A Will isn’t just a document for the wealthy. It’s a straightforward tool that gives you control over how your possessions, money and responsibilities are handled after you die. Preparing one can prevent confusion, reduce legal delays and help avoid family disputes. Why a Will matters for everyone Many people assume a Will only matters … Read more

Sensex tanks over 519 points on foreign fund outflows, weak global peers

Sensex tanks over 519 points on foreign fund outflows, weak global peers

Asian equities finish lower as risk appetite cools Major Asian benchmarks ended the trading session under pressure. South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng all settled lower as investors took a cautious stance. Market snapshot Kospi: Closed down as traders weighed domestic earnings and regional sentiment. Nikkei 225: … Read more

SEBI stresses on cyber security besides compliance

SEBI stresses on cyber security besides compliance

Retail traders embrace algorithmic trading Algorithmic trading, once the domain of big banks and hedge funds, is increasingly popular with retail investors. Better tools, lower costs and wider access to data are making automated strategies attractive to everyday traders looking for efficiency and discipline. Why adoption is rising Accessible technology: Broker APIs, cloud computing and … Read more

Rupee rebounds to settle 11 paise higher at 88.66/$

Rupee rebounds to settle 11 paise higher at 88.66/$

Rupee’s gains kept in check by external and domestic pressures The Indian currency managed only modest movement as Forex traders pointed to a firm US dollar, continued outflows of foreign funds and subdued domestic equity markets as the main reasons limiting a sharper rise. What held the rupee back? Firm dollar: A strong dollar typically … Read more