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Reliance bets on Jio IPO, FMCG push and AI; markets signal caution

Mumbai, Aug. 29 -- Reliance Industries' 48th annual general meeting on Friday turned into a showcase of the group's next big bets-from setting a clear timeline for Jio's public listing to unveiling bo... Read More


Rupee remains one of the least volatile currencies among major EMDEs in July, notes RBI

Mumbai, Aug. 29 -- The Indian rupee depreciated marginally against the US dollar in July, reflecting ongoing global trade uncertainties and FPI outflows, RBI said in its latest bulletin. Despite such ... Read More


Reliance Jio to launch IPO In first half of 2026

NEW DELHI, Aug. 29 -- Reliance Jio will launch its initial public offering in the first half of 2026, Reliance Industries Chairman and Managing Director Mukesh Ambani said on Friday. Addressing the 4... Read More


RBI sold foreign exchange worth $3.66 billion in June, notes August bulletin

Mumbai, Aug. 29 -- The Reserve Bank of India sold a net of $3.66 billion in the spot foreign exchange market in June, data from RBI's monthly bulletin showed. The central bank purchased $1.16 billion ... Read More


Indian-American techie, 23, quit Amazon for Rs.3.6 crore Meta offer: Here's how he got the job

New Delhi, Aug. 29 -- At just 23, Manoj Tumu, an Indian-American engineer has built a career in tech that most in his profession can dream about. The techie has now shared insights into his journey an... Read More


Delhi: 2 men held for cheating 30 over college admissions

India, Aug. 29 -- Two men from Ghaziabad allegedly cheated more than 30 students and their families this year in the name of providing them a seat in colleges under the Delhi University and other coll... Read More


Indian economy remains resilient, consumer sentiments show improved optimism

Mumbai, Aug. 29 -- Reserve Bank of India (RBI) stated in its latest monthly update that the Indian economy remained resilient amidst global uncertainties. Timely progress of southwest monsoon has help... Read More


NSE to conduct mock trading sessions in equity markets & commodity, currency derivatives segment on August 30

New Delhi, Aug. 29 -- The National Stock Exchange (NSE) today, August 29, said that it will conduct mock trading sessions in the capital, currency and commodities derivatives segment tomorrow. More t... Read More


Overall financial conditions remain benign amid surplus liquidity

Mumbai, Aug. 29 -- Reserve Bank of India (RBI) stated in its latest monthly update that overall financial conditions remained benign during July and August (till August 21). Amidst surplus liquidity, ... Read More


Kitex Garments gains as arm starts commercial production in Telangana

Mumbai, Aug. 29 -- Kitex Garments exports cotton and organic cotton garments especially infant wear to US and European markets. The company reported a 24% drop in consolidated net profit to Rs 20.76 ... Read More