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4 mins read

Senco Gold IPO to open on July 4; price band fixed at ₹301-317/share

Jewellery retailer Senco Gold is launching its IPO, aiming to raise ₹405 crore ($54 million) throug…

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2 mins read

Russian mercenary leader Yevgeny Prigozhin's oil, gas, gold and diamond businesses generated $250 million in revenue despite sanctions, report says

One company controlled by the Wagner Group founder saw $134 million in sales from energy concession…

Filip De Mott   


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2 mins read

Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch

India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …

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1 min read

Russia is ramping up sales of yuan from its wealth fund as oil and gas revenue weakens

The Kremlin said oil and gas revenue last month fell short of expectations by 30.6 billion rubles.

Jason Ma   


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1 min read

Rs 2,000 note withdrawal may not impact gold demand, rupee value: Expert

The decision of the Reserve Bank of India (RBI) to withdraw Rs 2,000 denomination banknotes from ci…

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2 mins read

Adani may be the richest Indian but Ambani’s RIL retains the top spot on Hurun's list of most valuable companies

The Adani Group dominated the list of top value gainers this year, with five of its group companies…

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4 mins read

With another wedding season ahead, analysts are upbeat on Titan

Shares of Titan rose 1.5% on Thursday after it reported strong March quarter earnings. The results …

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1 min read

Only purchase of jewellery above ₹2 lakh needs mandatory KYC

Department of Revenue (DoR) has clarified that any purchase of gold, silver, jewellery or precious …

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3 mins read

EXCLUSIVE: Muthoot Finance says this year's growth is likely to exceed guidance

In fact, business is going so well that Muthoot Finance could be on track to beat its projected …

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1 min read

Russia's economy is being propped up by Wagner Group's gold-smuggling operations, UK government report says

The mercenary group's smuggling operations are "critical" to Russia's ability to run its economy in…

Jennifer Sor   


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1 min read

Elon Musk will reportedly force brands to spend at least $1,000 on Twitter ads every month — or lose their gold checkmark

X, formerly known as Twitter, will soon strip brands of verification if they don't spend $1,000 a m…

Sarah Jackson   


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2 mins read

Indigo reports highest-ever quarterly revenue of ₹130 billion

"Headwinds caused by depreciating rupee and higher fuel prices led to a net loss of Rs 10,643 mi…

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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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4 mins read

Reliance reports a profit decline in Q2 even as revenue surges 33% YoY

Oil-to-data giant Reliance Industries today reported a marginal decline in its net profit even as i…

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1 min read

Russia is drawing down its reserves of Chinese yuan to close budget gaps created by falling oil and gas revenue

Russia sold $47 million worth of Chinese yuan from foreign currency reserves on January 13 to buy r…

Brian Evans   


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3 mins read

HUL spent Rs 2,255 crore on advertising between April and September this year

Beauty & Personal Care grew 10% led by Skin Care, Colour Cosmetics and Hair Care

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4 mins read

Melorra aims to become a ₹160 crore brand by the end of FY20 despite the economic slowdown and higher gold prices

Despite a rise in the price of gold and economic slowdown, the demand for Melorra’s jewellery remai…

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2 mins read

Hotel industry body cautions restaurants over Zomato Pay, Swiggy Diner

However, restaurants will now compulsorily offer discounts in the range of 15-40 per cent to e…

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2 mins read

Zomato stops new users, renewals for its loyalty dining programme Pro

Online food delivery platform Zomato has stopped signing up new users or renewing old subscriptions…

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4 mins read

Jewellery brands deck up in hope of bumper festive sales ahead

The ongoing festive season, which comes after two years of COVID, has made gold, diamonds and plati…