Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Gold and silver prices up by 2 pc over positive global cues
Gold prices fell after reaching a record high in October. However, the fresh momentum in the yellow metal is being…
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Sensex, Nifty open in green amid positive global cues
Indian benchmark indices opened the week in the green zone on Monday, amid positive global cues and investor optimism of…
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SEBI warns investors about unregulated digital gold, e-gold products
The Securities and Exchange Board of India (SEBI) has issued a warning to investors regarding “digital gold” or e-gold products…
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Families sue OpenAI over alleged suicides, psychological harm linked to ChatGPT: Report
ChatGPT maker OpenAI is facing more lawsuits from families who claim that the AI company’s GPT-4o model was released prematurely,…
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Govt plans AI-based eKYC, global credential verification in DigiLocker
The Ministry of Electronics and IT on Saturday announced plans for AI-based eKYC and global credential verification in the DigiLocker…
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Moody’s downgrades Ola due to weak financial performance, low liquidity
Moody's Ratings has downgraded ANI Technologies Pvt Ltd, the parent company of ride-hailing firm Ola, from ‘B3’ to ‘Caa1' and…
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Nifty, Sensex continue to decline for 2nd week amid FII outflows, weak global cues
Fading expectations of a Fed rate cut also contributed to cautious investor sentiment amid mixed global cues and sectoral weakness…
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Gold records 3rd weekly loss amid fading hopes of US Fed rate cut
International bullion remained around $4,000 for the week, facing pressure following Fed Chair Jerome Powell's hawkish remarks, even as the…
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CPI inflation in October to moderate further, outlook remains benign: Economists
Based on the trends seen in the movement of essential commodities, economists on Friday said that CPI inflation in October…
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RBI Governor says it’s not regulator’s job to take decisions for bank boards
Stressing that Indian banks are far more mature today than they were a decade ago, RBI Governor Sanjay Malhotra said…
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Bharti Airtel shares drop following Singtel-related block sale
The stock of Bharti Airtel went down about 4.48 per cent in intra-day trading on Friday, reaching a low of…
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Sensex, Nifty open sharply lower amid negative global cues
SBI Life Insurance, Trent, Apollo Hospitals, ICICI Bank were among the major gainers in the Nifty Pack, while losers included…
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Gold gains from 1-week low as dollar declines amid peak wedding season demand
Gold rose significantly from its one-week low on Thursday amid dollar decline, increased safe-haven buying and fresh demand ahead of…
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SBI to divest 6.3 pc stake in SBI Funds Management Limited via IPO
State Bank of India (SBI) on Thursday announced to divest 3,20,60,000 equity shares or 6.3007 per cent of the total…
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ED summons Anil Ambani for questioning again in money laundering case on Nov 14
The Enforcement Directorate (ED) has summoned Reliance ADAG Group Chairman, Anil Ambani, again on November 14 for questioning in the…
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Ola Electric posts Rs 418 crore net profit loss in Q2, revenue slips 43 pc
Bhavish Aggarwal-run Ola Electric Mobility Ltd reported a consolidated net loss of Rs 418 crore for the July-September period (Q2…
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Sensex, Nifty post mild gains amid positive global cues
Among sectoral indices, except for Nifty Media, Nifty Metal and Financial Services, all indices were in the green. Nifty Auto…
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Adani Energy Solutions to supply 60 MW green energy to textile manufacturer RSWM
RSWM, one of India’s leading textile manufacturers, on Wednesday said it has signed an agreement with Adani Energy Solutions Ltd…
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India’s infra investment trust market likely to touch Rs 21 lakh crore by 2030
India’s infrastructure investment trust (InvIT) market is projected to reach Rs 21 lakh crore by 2030, fuelled primarily by infrastructure…
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Indian stock markets closed on Nov 5 for Guru Nanak Jayanti; trade to resume tomorrow
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) remained closed on Wednesday on account of Prakash Gurpurb…
