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Report: Wedding season to generate Rs 4.25 tn in expenditure in Nov-Dec
Weddings during this period are expected to generate a staggering Rs 4.25 trillion in expenditure, according to another calculation made in Markets’ report.
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India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by the CCI found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring restaurant chains listed on their platforms, documents show.
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Rupee hits record low as US dollar surges on Trump's early lead in US election results
The rupee slid to 84.1725 against the US dollar, marking a 0.07% decline from its previous close of 84.1075. It was last seen trading at 84.17.
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Sebi allows MFs to invest in foreign funds with Indian securities exposure
Markets regulator Sebi on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific portion of their assets in Indian securities.
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Nvidia to replace Intel in Dow Jones Industrial Average
Nvidia will replace Intel in the Dow Jones Industrial Average next week, a swap that reflects their reversal of fortunes within the tech industry. Sherwin-Williams will replace Dow Inc. as well.
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Auto Retail sales rise 26% on festive push
The slowdown has, however, seen companies cut down on wholesales as many - particularly Maruti - claim to be "recalibrating" their dealer dispatches to pare down inventory levels.
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GST records second-highest collection at Rs 1.87 lakh crore in October driven by domestic sales
The Central GST collection stood at Rs 33,821 crore, State GST at Rs 41,864 crore, Integrated IGST at Rs 99,111 crore and cess at Rs 12,550 crore during the month.
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