MillenniumPost

Business - Page 249

SMBC buys extra 4.22% stake in Yes Bank

23 Sept 2025 11:15 PM IST
New Delhi: Yes Bank on Tuesday said Sumitomo Mitsui Banking Corporation (SMBC) of Japan has acquired an additional 4.22 per cent stake in the...

Jio MF arm adopts aggressive pricing in first active scheme

23 Sept 2025 11:14 PM IST
Mumbai: Jio Financial Services’ mutual fund arm has launched its first active scheme, the Jioblackrock Flexi Cap Fund, with an aggressive pricing...

Rs tanks 45 paise to all-time low of 88.73 against dollar

23 Sept 2025 10:53 PM IST
Mumbai: The rupee depreciated 45 paise to hit an all-time low of 88.73 against the US dollar on Tuesday, amid sustained outflow of foreign funds on...

Markets decline for 3rd day on selling in IT, blue-chip pvt banking stocks & FII outflows

23 Sept 2025 10:52 PM IST
Mumbai: Benchmark stock indices Sensex and Nifty declined for the third consecutive day on Tuesday in a volatile trade, dragged by selling in IT and...

S&P retains India’s growth forecast at 6.5%

23 Sept 2025 10:51 PM IST
New Delhi: S&P Global Ratings on Tuesday retained India’s GDP growth forecast at 6.5 per cent in FY26, citing strong domestic demand amid a...

Rs decline vs $ to help exporters in short run

23 Sept 2025 10:51 PM IST
New Delhi: Indian rupee slipping below the record 88.73 level against the US dollar will help enhance price competitiveness of Indian products in the...

Auto, electronic appliance makers gung-ho over festive season bonanza as GST rate cuts bring consumers to showrooms

23 Sept 2025 6:48 PM IST
New Delhi: Car makers, dealers, consumer durables and electronic appliances retailers and manufacturers are gung ho over the prospects of a festive...

EPFO adds 21.04 lakh net members in July, up 5.55%

23 Sept 2025 1:43 PM IST
New Delhi: Retirement fund body EPFO added 21.04 lakh net members during July 2025, registering an increase of 5.55 per cent year-on-year, according...

Adani to shift focus to innovation, transparency after SEBI’s closure

23 Sept 2025 12:28 AM IST
New Delhi: Days after receiving a clean chit from SEBI over the Hindenburg allegations, billionaire Gautam Adani said his ports-to-energy group will...

Govt refuses to extend Vedanta’s contract for Cambay basin block

23 Sept 2025 12:27 AM IST
New Delhi: In a setback to Anil Agarwal-led Vedanta Group, the government has rejected an application from its subsidiary for extending the production...

Bengal’s jute industry is hit by historic crisis as prices skyrocket and farmers lose hope

23 Sept 2025 12:27 AM IST
New Delhi: Bengal’s jute industry, once celebrated as the “golden fibre” industry, is now facing one of its worst crises in decades. Raw jute prices...

Key infra sectors’ growth hits 13-month high of 6.3% in August

23 Sept 2025 12:27 AM IST
New Delhi: India’s eight key infrastructure sectors’ growth jumped to a 13-month high of 6.3 per cent in August 2025 on account of expansion in coal,...
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