MUMBAI: The rupee hit a record low of 96.14 against the US dollar on Friday before settling at 95.97, one paise lower than its previous close, as global and domestic pressures weighed on the currency.The decline comes amid a widening current account deficit, continued selling by foreign investors, and broader macroeconomic pressures, while global developments…
MUMBAI : Markets regulator Sebi and the Central Board of Direct Taxes (CBDT) have removed some of the Income Tax Permanent Account Number (PAN)-related difficulties that foreign funds were facing in order to register themselves in India. The move is part of Sebi’s ease of investing initiative to simplify registration process for foreign portfolio investors.After…
NEW DELHI: With 11 games remaining in the league stage, LSG and MI are already out of contention for the playoffs. GT can only miss out through the net run rate route and RCB have almost qualified while SRH would have to do really badly from here on not to make the playoffs. RR have…
NEW DELHI: India and the UK are working on a “unique and creative solution” to address issues arising from Britain’s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the…
NEW DELHI : Your daily consumption basket, including staples, packaged foods and household essentials, could become more expensive in the months ahead as rising fuel prices push up supply chain and input costs. The fuel price revision, amid the ongoing West Asia conflict, is expected to add fresh pressure on FMCG companies, prompting them to…
MUMBAI: Despite a hike in retail fuel prices for petrol and diesel, stocks of oil marketing companies (OMCs) were deep in the red as market players said the price hike was not enough to offset daily losses these companies are incurring. Reports from Crisil and ICRA indicated that more price hikes are expected. Among the…
Maharashtra’s charity commissioner has ordered Tata Trusts to defer board meetings and launched an inquiry into complaints filed by vice-chairman Venu Srinivasan and advocate Katyayani Agrawal, stating that “the issues highlighted by them are serious and require due consideration.” The development deepens a governance dispute at one of India’s most influential philanthropic institutions where Srinivasan…
Jasprit Bumrah (Image credit: BCCI/IPL) DHARAMSHALA : Jasprit Bumrah’s first outing as Mumbai Indians captain felt less like a temporary fix and more like a glimpse of a possible future.MI won, Bumrah sounded astute and unruffled, and the franchise may have found its steadiest leadership option for next season if the “uncertainty” surrounding Hardik Pandya…
Jasprit Bumrah (Image credit: BCCI/IPL) NEW DELHI: Star pacer Jasprit Bumrah was handed the Mumbai Indians captaincy in the absence of both regular skipper Hardik Pandya and stand-in captain Suryakumar Yadav during their IPL 2026 clash against Punjab Kings. It was the first time Bumrah led the Mumbai Indians side, a franchise he has represented…
Virat Kohli, Gautam Gambhir Virat Kohli has said he does not want things to be “complicated” around his place in the Indian team and made it clear that if he is constantly made to prove his value, then that environment is “not meant” for him.Speaking on Royal Challengers Bengaluru’s podcast, Kohli said he still enjoys…
