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Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity

Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country's second-biggest stock offering this year

Yen firms after less dovish BOJ, dollar dips ahead of inflation data

The BOJ cut its core consumer inflation forecast but said risks were skewed to the upside for that year, causing the yen to rise, said Andrea Cicione, head of strategy at GlobalData.TSLombard

Loan growth moderates in September amid RBI clampdown, shows data

Including the impact of the merger, banks' loans grew 13% last month, compared with 20% a year ago

RBI well-equipped to deal with any volatility post US elections: Report

The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds

US election anxieties push gold prices towards its best month in seven

Opinion polls are too close to call a winner between Republican former U.S. President Donald Trump and Democratic Vice President Kamala Harris

RBI helps rupee outperform peers in month marred by US election anxiety

The rupee was at 84.0825 to the US dollar, little changed from Thursday and week-on-week. Indian financial markets are shut on Friday

Asian stocks slip as chips drag, yen nears 3-month low before BOJ decision

Yen hovered close to a three-month low against the dollar, weighed down by political instability after a drubbing for Japan's ruling coalition in parliamentary elections last weekend

Yen struggles before BOJ decision; dollar steady ahead of US jobs report

The yen has fallen more than 6 per cent in October and is on track for what would be its biggest monthly loss against the greenback since November 2016

HDB Financial, a unit of HDFC Bank, files for Rs 12,500 crore IPO

HDFC Bank, which holds a 94.6 per cent stake in the lender, will sell shares worth up to Rs 10,000 crore, while HDB Financial will issue fresh shares worth up to Rs 2,500 crore

Govt mulls measures to boost strategic foreign investment from 5-year lows

Policymakers are looking at the option of foreign investments through a mix of equity and debt, which aren't permitted currently, the sources said, noting that a final decision is still pending

Oil prices rise on reports of Opec+ delaying plans to boost output

Brent crude futures gained $1.41, or 2 per cent, to $72.53 a barrel by 1236 GMT. US West Texas Intermediate crude futures edged up $1.34, or 2 per cent, to $68.55 per barrel

Police summon Aviva India CEO in discrimination case, firm denies claims

Aviva's spokesperson, based in Britain, said Aviva India "strongly denies any discrimination as claimed and has robust policies to ensure fair treatment to all employees"

India's gold demand to hit 4-year low amid price rally: World Gold Council

Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons

Rising investor gold demand offsets lower jewellery buying in Q3: WGC

Total demand for gold, including opaque OTC trading, rose 5 per cent to 1,313 tons, a record for a third quarter, the WGC said

India's biggest IPOs of 2024: Swiggy, Ola, Hyundai Motor India, more

About 270 companies have raised over $12.57 billion through IPOs in India so far this year, well above the $7.4 billion raised in all of 2023, LSEG data shows

Ambani's Reliance plays catch-up to ride quick commerce wave in country

Reliance plans to leverage its 3,000 supermarkets in 1,150 cities for quick deliveries by deploying small teams operating from dedicated kiosks inside

RBI to cut rates in Dec to 6.25%, say narrow majority of economists: Poll

The central bank has held interest rates at their highest since early 2019 for the past 10 meetings

Asia shares stumble on China headwinds; gold and bitcoin buoyant

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22 per cent in early trade, tracking a decline in Chinese assets

Hezbollah names Naim Qassem as leader; Israel says he won't last long

"Temporary appointment. Not for long," Israel's Defence Minister Yoav Gallant posted on X with a photo of Qassem

Eyeing US election, China considers over $1.4 trillion in extra debt

The spending plans suggest that Beijing has switched into a higher stimulus gear to prop up the economy although it's still not the 2008-like bazooka that some investors have been calling for