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Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on

India, Dec. 12 -- The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflo... Read More


ICICI Prudential AMC IPO opens today for listing as India's second largest mutual fund

India, Dec. 12 -- The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country's second-most valuable mutual fund. On off... Read More


ICICI Prudential AMC IPO sees 5% subscription on Day 1 so far, GMP muted at 7.5%

India, Dec. 12 -- The $1.2-billion ICICI Prudential AMC IPO has opened for subscription, paving the way for a listing that can make it the country's second-most valuable mutual fund. The grey market p... Read More


India's retail inflation rate rises to 0.71% in November 2025

India, Dec. 12 -- India's retail inflation rate rose to 0.71% in November 2025 as against a record low of 0.25% in October 2025, according to government data. This is the third straight month that In... Read More


Mamaearth to acquire 'Reginald Men' at enterprise valuation of rRs.r195 crore

India, Dec. 12 -- Honasa Consumer Ltd., which owns direct-to-consumer brands Mamaearth and The Derma Co. has agreed to acquire 'Reginald Men' maker BTM Ventures Pvt. Ltd. to enter the fast-growing men... Read More


A India-US trade deal, not Fed rate cut, matters more for India's stock market, rupee

India, Dec. 11 -- India's stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a India-US trade deal that... Read More


Divided US Fed effects third rate cut of 2025 amid signals of a future pause

India, Dec. 11 -- A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path for future rate cuts is uncertain. A split within the centr... Read More


Divided US Fed delivers third rate cut of 2025 amid signals of a future pause

India, Dec. 11 -- A divided US Federal Reserve has delivered a third consecutive interest-rate cut and maintained their outlook for just one cut in 2026. The Federal Open Market Committee (FOMC) vote... Read More


Amazon to invest $35 billion in India through 2030, create 1 million more jobs

India, Dec. 10 -- Amazon.com Inc. is doubling down on India with a $35-billion investment plan, even as Big Tech firms make a beeline to tap into the AI appetite of the world's largest internet popula... Read More


Meesho shares surge as much as 55% over IPO price on debut

India, Dec. 10 -- Shares of Meesho Ltd. have listed at a premium over IPO price, indicating that India's appetite for new-age stocks continues unabated. On Wednesday, Meesho's share price rose as muc... Read More