Mumbai: Reserve Bank of India has set for itself a packed agenda for 2026-27 with a review of the RBI Act and major technology upgrades, including the rollout of the next-generation core banking system e-Kuber 3.0, development of an alternate payment system, and creation of a unified enterprise platform. It also plans to build an…
“Indian equity markets are expected to open on a flat to mildly positive note, with Gift Nifty trading around 23,881, up by 8 points, indicating steady opening cues for domestic indices. Nifty ended on a flat to marginally negative note on 27th May 2026, closing at 23,907.15, down 6.55 points or 0.03%, amid profit booking…
Reliance Industries is taking “deliberate steps” to strengthen its digital unit, chairman Mukesh Ambani said in a note to shareholders, without sharing any updates on the planned listing of Jio Platforms that is expected to fetch as much as $4 billion.“We will continue to evaluate strategic pathways that can broaden stakeholder participation and support Jio’s…
Representative image (AI) US and Iran mediators are now engaged in high-stakes negotiations aimed at ending the conflict, despite a fragile ceasefire in place and months of turmoil in the Middle East triggered by Donald Trump’s ambitious military campaign launched on February 28.The possible truce plan includes key bargaining points between the two sides, including…
NEW DELHI: Tata Motors is witnessing a surge in electric vehicle demand as rising fuel prices and inflation concerns push more consumers towards lower running-cost mobility options, particularly in the affordable passenger vehicle segment.“There is a sharp jump in just two months; it is about 2 to 2.5 times what it used to be for…
Growth was primarily supported by robust private consumption and sustained investment activity. Amid the Middle East crisis and the US-Iran conflict, the Indian economy is in focus for the possible fallout from the war and rising global crude oil prices that is now hitting the external sector’s resilience. However, striking a positive note, the Reserve…
Gold ended the session higher as easing US Treasury yields and renewed hopes of a potential US-Iran agreement supported bullion, although the market remained highly volatile amid fresh military escalations in the Middle East. Earlier in the session, gold was under pressure after renewed clashes between Washington and Tehran reignited fears of energy-driven inflation. Iran’s…
MUMBAI: Indians are turning to ice creams, colas, soft drinks and packaged cold coffee to survive the scorching heat, spurring sales of summer products for consumer goods companies and nudging some to upwardly revise their earlier sales estimates for the season.In a summer of price hikes and broader inflationary environment, firms are however pushing lower…
Gold has rebounded sharply from the lower Bollinger band and is moving toward the upper band. (AI image) Gold price prediction today: Gold prices seem to be seeing some rebound and the outlook remains constructive, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities recommends a buy on dip strategy.Buy on Dips…
MUMBAI: Bajaj Finserv has launched a new division, Finserv Intelligence, which it may carve out as a separate business in future. Through Finserv Intelligence, Bajaj will invest Rs 1,500 crore to Rs 2,000 crore in early-stage start-ups in AI/fintech, cybersecurity and consumer technology platforms, and will also co-create new ventures. By building applied research capabilities…
