Business

Asian stock markets slipped on Friday as tracking Wall Street losses, as a weak stream of US economic data and uncertainty over future interest rate moves weighed down investor confidence.Hong Kong’s HSI dipped 241 points to 26,244. Kospi reached 3,929, falling 96 points or 2.4%. Japan’s Nikkei also fell 1.7% or 905 points. Shenzhen, meanwhile,…

Groww’s initial public offering, through which the company plans to raise Rs 6,632 crore, has entered its final day of subscription. At the upper end of the price band, the issue values the investment platform at 33.8 times its FY25 earnings. As per BSE data, the IPO of Groww (Billionbrains Garage Ventures Ltd) has drawn…

Market analysts indicate that the current phase shows consolidation with a downward tendency. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 went below 25,400, BSE Sensex was down over 450 points. At 9:19 AM, Nifty50 was trading at…

Morgan Stanley has an equal-weight rating on SBI with the target price raised to Rs 1,025. Analysts said the key positive from SBI’s July-Sept (Q2FY26) results was a 5% higher net interest income (NII) over analysts’ estimates and strong fees. Its profit after tax (PAT, pre-exceptional gain) was 15% above estimates, while asset quality remained…

Rotorua, New Zealand: India hopes to sign a free trade agreement (FTA) with New Zealand soon and the two countries are aiming to seal a pact which balances the interest of the two nations, commerce and industry minister Piyush Goyal said on Thursday.Goyal, who is leading a large delegation of businessmen on his four-day visit…

Life Insurance Corporation of India (LIC) has delivered another strong quarterly performance, with higher premium income and expanding assets driving a 31% year-on-year rise in consolidated net profit to Rs 10,098 crore for the September quarter.The state-run insurer’s premium income rose 5.5% to Rs 1,26,930 crore from Rs 1,20,326 crore a year earlier, even as…

US stocks fell sharply on Thursday as investors digested another round of earnings reports while the prolonged government shutdown continued to block key economic data releases.The S&P 500 fell 1%, the Dow Jones Industrial Average dropped 449 points, or 1%, and the Nasdaq composite lost 1.6% by late morning trade. Technology majors led the declines,…

Harmanpreet Kaur lifts the trophy after India’s victory in the ICC Women’s Cricket World Cup India 2025 Final match between India and South Africa at Dr. DY Patil Sports Academy on November 02, 2025 in Navi Mumbai, India. (Photo/Getty Images) MUMBAI: Women’s cricket in India is having its moment, and brands are starting to take…

TVS Motor Company on Thursday said it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore, marking a monetisation of its earlier investment in the Bengaluru-based mobility platform, PTI reported.In an exchange filing, the two- and three-wheeler maker said it has signed agreements with Accel India VIII (Mauritius)…

The average long-term US mortgage rate rose slightly this week, snapping a four-week decline that had brought borrowing costs to their lowest level in over a year, AP reported.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage ticked up to 6.22% from 6.17% a week earlier. A year…