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The Reserve Bank of India is preparing to introduce polymer-based rupee notes to improve durability and meet rising currency demand. The new notes are expected to reduce wear and tear, enhance security features, and lower replacement costs. The move is part of RBI’s efforts to modernise India’s currency system and improve cash management efficiency.
The Reserve Bank of India is preparing to introduce polymer-based rupee notes to improve durability and meet rising currency demand. The new notes are expected to reduce wear and tear, enhance security features, and lower replacement costs. The move is part of RBI’s efforts to modernise India’s currency system and improve cash management efficiency.
The Delhi High Court fined Google Rs 30 lakh for allowing competitors to use “HINDWARE” as an advertising keyword. The court ruled that invisible keyword bidding still amounts to trademark use under Indian law. It held Google actively profited from Hindware’s brand value through its ad system, making the company liable for trademark infringement.
Indian equity markets closed sharply lower on Friday amid uncertainty over the US-Iran deal and weak investor sentiment. Selling pressure hit metal, oil, and broader market stocks, while only a few IT shares resisted the decline. The Sensex ended at 74,775.74, down 1,092 points, while the Nifty settled at 23,547.75 after losing 359 points.
The Indian rupee strengthened by 5 paise to 95.53 against US dollar today trade after optimism grew over a possible extension of the ceasefire between US and Iran. The temporary easing of tensions reduced fears of oil supply disruptions in global markets. After opening weaker at 95.77, the rupee slightly recovered amid improving investor sentiment.
AI expenses linked to Claude are surging as companies struggle to control employee usage. One enterprise reportedly spent 500 million dollars in a month after allowing unrestricted access to Anthropic’s AI tools. Rising costs tied to coding agents and automated workflows are now forcing firms to rethink AI budgets and monitoring systems globally.
Indian stock markets began trading on a positive note, tracking gains in global oil prices and optimism over US-Iran peace breakthrough. Sensex surged over 114 points to 75,982, while Nifty climbed 56 points to 23,964 in early trade. Bank Nifty outperformed with a jump of 11 points. Meanwhile, the rupee traded slightly weaker at 95.05 […]
Here are the new diesel prices per litre in top cities. ★Delhi – ₹95.20, ★Kolkata – ₹99.82, ★Mumbai – ₹97.83, ★ Chennai – ₹99.55, ★Bangalore – ₹98.80, Bhubaneswar – ₹100.92, ★Chandigarh – ₹89.47, ★HYD – ₹103.82, ★Jaipur – ₹97.78, ★Lucknow – ₹95.55, ★ Patna – ₹99.36, ★Trivandrum – ₹104.40, ★Port Blair – ₹84.55, ★Tirupa...
Here are the silver prices per 10 grams today in top cities of India. ★ Chennai – ₹2,850, ★ Mumbai – ₹2,750, ★ Delhi – ₹2,750, ★ Kolkata – ₹2,750, ★Hyderabad – ₹2,850, ★ Bangalore – ₹2,750, ★ Kerala – ₹2,850, ★ Pune – ₹2,750, ★Ahmedabad – ₹2,750, ★ Jaipur – ₹2,750, ★ Lucknow – […]
Here are the 22-karat gold prices per 10 grams today in the cities. ★Chennai: ₹1,45,000 ★Mumbai: ₹1,43,050 ★Delhi: ₹1,43,050 ★Kolkata: ₹1,43,050 ★Bangalore: ₹1,43,050 ★HYD: ₹1,43,050 ★Ahmedabad: ₹1,43,100 ★Jaipur: ₹1,43,100 ★Lucknow: ₹1,43,100 ★Vijayawada: ₹1,43,050 ★Nagpur: ₹1,43,050 ★Chandigarh: ₹1,43,050 and ★Bhubaneswar: ₹1,43,050.
Trading activity across the domestic stock market remains suspended today due to the Bakrid public holiday. Operations on exchanges, including equity and derivatives segments, are paused for the occasion. Investors and traders will resume normal market participation from May 29 as exchanges reopen. The next trading holiday will be observed for Muharram.
Benchmark indices ended lower on Wednesday as banking and financial stocks weakened amid geopolitical concerns and foreign fund outflows. The Sensex slipped 141.90 points to close at 75,867.80, while Nifty ended at 23,907. ONGC, HDFC Bank, and HDFC Life led losses. However, media, metal, and auto stocks gained, supporting broader market performance slightly.
A prominent venture capitalist Vinod Shankar criticised India’s wealthy class, calling it the country’s “single largest self-inflicted obstacle” to growth. Referring to the East India Company, he argued that concentration of power among a few continues to hurt progress. His remarks sparked debate over India’s long-term growth prospects.
The proposed 8th Pay Commission could bring a massive 400% salary hike for central government employees if the fitment factor reaches 5. Employee unions are demanding a major pay revision to match rising living costs and inflation. Discussions also include restoration of the Old Pension Scheme. The Centre has not officially confirmed the final fitment […]
Rising fuel costs and increased import duties on metals are expected to add pressure on consumer prices in the coming weeks. Economists believe higher transportation could influence overall retail inflation trends. Market experts estimate inflation may witness an upward move, while expectations remain that the RBI could maintain its current policy approach