Finance

The rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the US dollar on Thursday amid a strong American currency and rising crude oil prices in global markets. Forex traders said positive sentiment in the domestic equity markets and the inflow of foreign capital capped a sharp fall in the domestic currency.

Japan spent about $35 billion to prop up the yen on Monday and intervened again on Wednesday. A leading economist says the US may step in, too.

The rupee traded on a flat note at 83.43 against the US dollar in early trade on Thursday amid a strong greenback after the American central bank dec...

Skydance and its private equity backer are wooing Paramount. The newest bid: a premium for common shareholders and under $2 billion for Shari Redstone.

The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in April month. The GST collection has also registered a 12.4 per cent year-on-year growth.

The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum has been slashed from Rs 9,600 per tonne to Rs 8,400 per tonne.

Gerry Cardinale, an ex-Goldman Sachs partner, made his name as the Yankees' dealmaker. His portfolio includes Skydance, Paramount's would-be buyer.

Gold prices dropped by 2% last week, in what has been the first weekly drop in prices in six weeks. This week, after a marginal drop on Monday, the prices declined sharply again on Tuesday by Rs 555 to Rs 71,047 per 10 grams in futures trade that matures on June 5 as speculators reduced their positions.

Saudi finance minister said the kingdom was pleased with Vision 2030 progress, but would "change course" and "adjust" projects such as Neom as needed.

The consulting giant has had a difficult 18 months, global managing partner Bob Sternfels reported admitted as he tried to rally senior partners.

India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment des...

Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and ramp up efficiencies.

The rupee declined 10 paise to close at 83.48 (provisional) against the US dollar on Monday, as investors remained cautious ahead of the US Federal R...

At the interbank foreign exchange, the domestic unit opened weak at 83.39 against the greenback and then slipped further to 83.43, registering a loss of 5 paise compared to its previous closing level.

McKinsey has become known as an incubator for top leadership talent, with many Fortune 500 CEOs numbering among its alumni.

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility criteria. Firstly, they must maintain a satisfactory track record of performance for a minimum of five years.

Rob, Jim, and Alice Walton's fortunes have more than doubled to more than $72 billion each, making them richer as a trio than Jeff Bezos or Elon Musk.

India's forex reserves decreased USD 2.282 billion to USD 640.334 billion for the seven days ended April 19 in the second co...

The rupee declined 7 paise to close at 83.35 (provisional) against the US dollar on Friday as a strengthening American currency overseas and a selloff in domestic equities weighed on the local unit. Besides, rising crude prices in the international market and risk-averse sentiment dragged the local unit down, forex traders said.

New Delhi, S&P Global Ratings on Friday said RBI's regulatory action on Kotak Mahindra Bank could restrain the lender's cred...

He's said to be buying a Westport 164 from his friend Tilman Fertitta, a Jefferies client.

Meta shares tumbled ahead of Thursday's opening bell, paving the way for a big chunk of Mark Zuckerberg's net worth to be erased.