KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook KPMG Australia is reducing its workforce by about 5% as the firm continues to deal with the fallout from a scandal involving confidential client information and faces a subdued economic outlook.The cuts will affect 27 partners and about 360 employees, with consulting and…
Rupee climbs to 95.64 against US dollar Rupee started the week on a strong note, rising 7 paise to 95.64 against the US dollar in early trading. However, the gains remained limited as geopolitical concerns, crude prices and steady importer demand weighed on the domestic currency.The currency’s movement was largely confined to a narrow range….
After two consecutive weeks of declines, Indian equity markets could see some consolidation, with crude oil prices and developments in the US-Iran conflict likely to remain key drivers of market sentiment, analysts said. Siddhartha Khemka, head of research, wealth management, Motilal Oswal Financial Services, said Brent crude prices above $90 a barrel would be closely…
Top stocks to buy in week starting August 24, 2026 Stock market recommendations: Crompton Greaves, and ICICI Prudential AMC- these are the top stocks that have been picked by Motilal Oswal Wealth Management Research Desk as stock recommendations for the week starting August 24, 2026: Stock Name CMP (Rs) Target (Rs) Upside (%) Crompton Greaves…
Centre appoints Annie George Mathew, Janmejaya Sinha and Syed Akbaruddin as part-time directors on RBI’s central board MUMBAI: The Centre has appointed former finance ministry special secretary Annie George Mathew, Boston Consulting Group India chairman Janmejaya Kumar Sinha and former diplomat Syed Akbaruddin as part-time, non-official directors on RBI’s central board for four years.The appointments…
FPIs pour Rs 23,544 crore into Indian equities in August as earnings recovery and rupee stability boost investor sentiment NEW DELHI: Foreign Portfolio Investors (FPIs) have accelerated buying in Indian equities this month, infusing Rs 23,544 crore so far as improving quarterly earnings, a stable rupee and better market prospects lift sentiment.The inflow comes after…
Piyush Goyal to push India-Japan trade ties, with focus on semiconductors, AI, startups and investment TOKYO: Commerce and industry minister Piyush Goyal is set to step up the trade and investment engagement with Japan, a key strategic partner for India, especially in high-technology manufacturing and next-generation industries.Dedicated sessions are planned on semiconductors, artificial intelligence and…
New vehicle rules may curb high-beam glare, with two-wheelers switching automatically to low beam NEW DELHI: Automatic headlamps in two-wheelers will soon work only in passing beam (low beam) mode, and buses and other heavy vehicles will have to use genuine reflective tapes to improve visibility at night and in bad weather. Also, the use…
Centre to roll out ‘Kanda Express’ from Monday as onion prices surge 45% year-on-year NEW DELHI: In its bid to check rising prices of onion across different regions, govt will start offloading its buffer stock. As average price of the key kitchen commodity increased to Rs 42 per kg on Saturday, 45% higher than last…
Foreign investors pour Rs 23,544 crore into Indian equities in August Foreign Portfolio Investors (FPIs) have continued their return to Indian equities, with investments reaching Rs 23,544 crore in August so far. A recovery in quarterly earnings, a stable rupee and improving market prospects have helped lift sentiment towards Indian stocks.The August buying comes on…
