Business

MUMBAI: Avanse Financial Services on Jan 5 in Mumbai said it raised around Rs 1,200 crore through a rights issue from existing shareholders to fund the next phase of growth by expanding education lending, strengthening products and improving balance sheet capacity.The education-focused NBFC said the capital was raised from Warburg Pincus through its affiliate Olive…

Donald Trump (File photo) US President Donald Trump, once again boasted about collections from tariffs he has imposed since last year on various countries after his return to White House.“We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs,” he said in a post on Truth Social, while taking…

Oil prices dipped on Saturday after the United States launched a surprise military operation in Venezuela, capturing President Nicolas Maduro and his wife on drug trafficking charges, triggering sharp moves across global markets.Crude prices fell as investors bet that the political shift could eventually pave the way for higher oil output from Venezuela, which holds…

NEW DELHI: Rupee continued to slide against the US dollar on Monday. It ended 8 paise lower at 90.28 (provisional) against the US dollar, pressured by firm American currency and weak equity market sentiment.Renewed geopolitical tensions triggered by the US military action in Venezuela strengthened the dollar across global markets, forex dealers said, overshadowing the…

Russia continued to be the India’s largest crude supplier between April and November 2025. (AI image) US President Donald Trump on Monday warned India of higher tariffs if it doesn’t cooperate with America on the issue of Russian crude oil imports. The warning comes at a time when Indian exports already face heavy trade penalties…

Markets across Asia mostly rose on Monday as investors were calculating the impact of the removal of Venezuela’s president Nicolas Maduro by US forces. The rally came as traders turned towards the long-running artificial intelligence boom and hopes for more US interest rate cuts.Nikkei soared over 1,419 points or 2.8% to reach at 51, 759….

49 Crypto Exchanges, majority based in India, registered with financial intelligence unit (FIU) which works under ministry of finance, in fiscal year 2024-2025. Such a move comes as part of the country’s efforts to combat money laundering and prevent terrorist financing risks in the digital currency sector. It comes as a strategic analysis of suspicious…

ISTANBUL: Turkey’s annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted a year earlier, official figures showed Monday.The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024, Turkey’s TUIK statistics agency said.The figure was…

Apple Inc’s manufacturing push in India has resulted in a dramatic surge in iPhone exports, with shipments crossing the $50 billion mark under the production-linked incentive (PLI) scheme period. The milestone was achieved by December 2025, just four years after the world’s second-largest company by market capitalisation joined the smartphone PLI programme in FY22, according…

Chandrasekaran is also understood to have held frequent performance review meetings with Wilson in recent months. Air India is actively hunting for a new candidate for the post of its Chief Executive Officer (CEO), as Tata Sons looks to replace Campbell Wilson, according to reports. Tata Sons, the owner of Air India, has been engaging…