Business

Income tax cuts, RBI’s repo rate reduction and more: Here’s how April will impact your wallets

the financial - 2 April, 2025

With a host of financial changes set to take effect in April here's a quick guide to the developments that are bound to affect...

EPFO auto settlement limit to be increased to Rs 5 lakh: Check key details before advance withdrawal

the financial - 2 April, 2025

The Employees' Provident Fund Organisation (EPFO) is expected to increase the auto-settlement of advance claims (ASAC) limit by fivefold, from Rs 1 lakh to...

Nestle, Hindustan Unilever shares decline up to 2% after BofA downgrades FMCG stocks

the financial - 2 April, 2025

Nestle India and Hindustan Unilever shares fell after BofA downgraded the stocks to 'underperform' from 'neutral' and 'neutral' from 'buy' The shares of FMCG majors Nestle and...

Business

UAE unveils new dirham symbol and digital currency

the financial - 2 April, 2025

RIYADH: The Central Bank of the UAE on Thursday introduced a new symbol for the nation’s currency, both in its physical and digital forms,...

Business

FII net buy shares worth Rs 11,111 crore, highest single day inflows in 2025 so far

the financial - 31 March, 2025

During the trading session of March 27, FIIs net bought shares worth Rs 31,784 crore and sold shares worth Rs 20,673 crore. DIIs purchased...

Business

ABB India Shares Surge 3.28% Amid High Trading Volumes

the financial - 30 March, 2025

With the stock currently trading at Rs 5597.95, ABB India demonstrates robust financial health and positive market momentum. In today's session, ABB India experienced a notable price...

Business

SAMA grants license to Alannaya Al-Yatmania to conduct finance aggregation services

the financial - 28 March, 2025

RIYADH: Saudi Central Bank has granted a license to Alannaya Al-Yatmania to conduct finance aggregation services. This involves gathering and consolidating financial data from various sources —...

Business

Saudi PIF ranks 2nd globally for sovereign investor activity in Feb. with $3bn in deals

the financial - 27 March, 2025

RIYADH: Saudi Arabia’s Public Investment Fund ranked as the world’s second most active sovereign investor by deal value in February, committing $3 billion in...

Business

Gold rates in India on March 25: Here’s how much the yellow metal costs in your city today

the financial - 26 March, 2025

While 24-carat gold is a 100 percent pure form of gold with no trace of any other metal, the 22-carat variant has 91.67 percent...

Business

Closing Bell: Saudi main index closes in red at 11,706

the financial - 26 March, 2025

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, as it shed 71.87 points, or 0.61 percen,t to close at 11,706.21. The total trading...

Business

Riyadh municipality unveils new investment opportunities across key sectors

the financial - 24 March, 2025

JEDDAH: Riyadh has unveiled new investment opportunities for 2025, covering commercial, residential, retail, industrial, and leisure projects to boost the city’s economy and development. The...

Business

Global borrowing hits $25tn in 2024, raising debt sustainability fears: OECD

the financial - 24 March, 2025

RIYADH: Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking concerns over sustainability, a new report...

Business

AMCs likely to see decline in equity AUMs on QoQ basis amid market correction

the financial - 24 March, 2025

AMCs are expected to see a sharp sequential decline in equity AUMs for Q4 due to market corrections, with mid- and small-cap-focused schemes hit...

Business

Saudi Arabia raises $704m through sukuk issuances in March

the financial - 22 March, 2025

Issuance divided into four tranches, with first one valued at SR364 million and set to mature in 2027 Latest riyal-denominated offering follows an SR3.07 billion...

Business

First Tick: Here are the top global cues for today’s trade

the financial - 21 March, 2025

The Foreign institutional investors (FIIs) sold equities worth Rs 1096 crore on March 19, while Domestic institutional investors (DIIs) purchased equities of Rs 2140...

Business

UK’s Prudential Plc announces health insurance JV with HCL Group

the financial - 20 March, 2025

Amar Joshi, an industry veteran, will be leading the JV entity. UK’s Prudential Plc announced a health insurance joint venture with India-based HCL Group on...

Business

Urgent Loan Apps: How they work and other key details to check before borrowing

the financial - 18 March, 2025

Applying for a loan can be a hassle due to lengthy paperwork, credit checks and long waiting time for approval. Banks often take days...

Business

Hail region unveils 23 investment opportunities to drive economic growth

the financial - 17 March, 2025

RIYADH: Saudi Arabia’s Hail region has launched 23 new investment opportunities for the first quarter of 2025, aiming to accelerate economic growth, boost private...

Business

Hold IndusInd Bank; target of Rs 750: Sharekhan

the financial - 15 March, 2025

Sharekhan recommended Hold rating on IndusInd Bank with a target price of Rs 750 in its research report dated March 12, 2025. The bank’s internal...

Business

Aramco’s CEO calls for new global energy model during CERAWeek address

the financial - 14 March, 2025

Investments in all sources is needed,’ says Amin Nasser DHAHRAN: Aramco’s president and CEO has called for a fundamental shift in global energy transition planning,...

Business

Oil Updates — prices inch up despite tariff concerns, slowdown fears

the financial - 13 March, 2025

SINGAPORE: Oil prices pared earlier losses to inch up during trade on Tuesday, despite concerns over a potential US recession, the impact of tariffs...

Business

UAE to double FDI to $65.3bn with new investment strategy

the financial - 12 March, 2025

RIYADH: The UAE is planning to double its foreign direct investments to 240 billion dirhams ($65.35 billion) annually by 2031 — up from the 112 billion dirhams...

Business

Saudi private sector powers $314bn investment boom, outpacing Vision 2030 target

the financial - 12 March, 2025

RIYADH: Saudi Arabia’s gross fixed capital formation rose to SR1.18 trillion ($313.68 billion) in 2024, marking a 5.3 percent annual increase, recent data showed. A...