Business

Wholesale Price Inflation: In the case of manufactured products, inflation was higher at 2.05 per cent in July, as against 1.97 per cent in the month before. New Delhi: India's Wholesale Price Inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July. The WPI has eased further as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday. WPI-based inflation was (-) 0.13 per cent in June. It was 2.10 per cent in July last year. "Negative rate of inflation in July,…

JSW Cement IPO Listing Date: JSW Cement, which mobilised Rs 1,080 crore from anchor investors, received 7.77 times subscription on the closing day. Mumbai: Shares of JSW Cement Ltd made a positive debut on the bourses today with a premium of over 4 per cent against the issue price of Rs 147. The stock opened at Rs 153, up 4 per cent from the issue price on the BSE. At the NSE, it listed at Rs 153.50, a premium of 4.42 per cent. The company's market valuation stood at Rs 20,914.02 crore. Later, it jumped 5.23 per cent to…

Ravi Ghai is the chairman of the Graviss Group, a big name in the hospitality and food-and-beverage industry in Mumbai. The family has strong ties to the hospitality and food industries. Mumbai: Mumbai-based businessman Ravi Ghai's granddaughter, Saaniya Chandok, is engaged to legendary cricketer Sachin Tendulkar's son, Arjun Tendulkar. The engagement ceremony was a private event, attended only by close family and friends.  Who Is Ravi Ghai? Ravi Ghai is the non-executive chairman of the Graviss Group. The Ghai family is the owner of the InterContinental hotel on Marine Drive and the popular dessert brand Brooklyn Creamery. The family has strong ties to…

Muthoot Finance Share Price: Shares of gold loan NBFC Muthoot Finance are in action as the company has reported a 65 per cent year-on-year surge in its consolidated profit after tax (PAT). Mumbai: Muthoot Finance Share Price: Stock hits fresh 52-week high as Q1 profit rises 65% - Details

Sensex, Nifty Today (August 14): In early trade, 1,567 stocks in the Nifty pack were trading in the green, while 559 were trading in the red. Eighty-six stocks remained unchanged. Mumbai: Sensex, Nifty Today: The Indian equity benchmark indices, the Sensex and Nifty, began the day on a subdued note on Thursday, August 14, 2025, amid mixed global cues. The 30-share BSE Sensex gained 85.37 points to start the session at 80,625.28; however, the Nifty was down by 12.1 points to open at 24,607.25. In the last trading session, the Sensex closed at 80,539.91 and the Nifty 50 at 24,619.35.…

The RBI said there will be a single presentation session from 10:00 AM to 4:00 PM and cheques received by the branches shall be scanned and sent to the clearing house by the banks immediately and continuously during the presentation session. Mumbai: Here comes a piece of good news for bank customers. The RBI says banks will clear cheques within few hours from October 4. The central bank said it will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.…

ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have rationalised their penalties. New Delhi: The ICICI Bank on Wednesday slashed the minimum balance for new savings accounts to Rs 15,000 from Rs 50,000 following significant customer pushback against an earlier steep hike that had sparked widespread outrage. New MAB thresholds set at Rs 15,000 The bank has now set the MAB thresholds at Rs 15,000 for customers in metro and urban areas, Rs 7,500 for semi-urban customers, and Rs 2,500 for rural account holders. The bank customers…

The company has informed exchanges that it has received BIS Certificates for the following products from the Bureau of Indian Standards, New Delhi. Mumbai: Shares of MIC Electronics Limited (MICEL) gained on Wednesday after the company informed exchanges that it has received BIS Certificates for two products from the Bureau of Indian Standards. The counter opened in green at Rs 46.16 on the BSE against the previous close of Rs 46.10. The stock gained further to touch the high of Rs 47.39. Also, it touched a low of Rs 45.44.  On the National Stock Exchange (NSE), the stock opened at…