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business

Delhi bad weather leads to 7 flight diversions

The India Meteorological Department (IMD) reported that very dense fog began forming around 5.30 am, resulting in a thick haze over different parts of the national capital.

SC orders liquidation of Jet Airways under Insolvency and Bankruptcy Code

A three-judge bench headed by Chief Justice of India D Y Chandrachud said the National Company Law Appellate Tribunal order allowing Jalan KalRock Consortium to adjust the first tranche of payment of ₹ 350 crore against the Performance Bank Guarantee was “perverse” and in “flagrant disregard” of its January 18 order.

Indian Rupee US Dollar

Rupee hits historic low of 84.11 against US dollar amid investor concerns

Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18%. A recovery in crude oil prices and FII outflows also dented investor sentiments. However, the softening of the US dollar prevented a sharp fall.

real estate

Gurgaon home costlier than New York's, real estate consultant posts shocking comparison

A recent viral post on X by management consultant Gurjot Ahluwalia which drew comparison between Gurgaon and New York while citing online listings of two luxury apartments led many social media users, including him, to conclude that real estate prices in India are ‘scamming’ customers.

Indian IPOs have raised staggering ₹ 1.22 lakh crore in 2024, per report

While public issues raised a total of ₹ 17,109 crore in August, it was followed by ₹ 11,058 crore in September and an all-time monthly record of around ₹ 38,700 crore in October. Previously, November 2021 held the record for the maximum IPO fundraising at ₹ 35,664 crore.

Dhanteras gold rush: RBI transports 102 tons of gold from Bank of England to India

Since Sep 2022, 214 tons have entered the nation as the government and RBI sought to protect their holdings in the face of increased geopolitical unrest worldwide.

Lulu group

NRI businessman MA Yusuffali’s Lulu Retail launches ₹ 12,000 crore IPO in Abu Dhabi

In India, the Lulu group owns malls in Kochi, Bangalore, Lucknow, Coimbatore, Trivandrum, Palakkad, Hyderabad and Calicut.