Author name: BNW News

Business

Ratan Tata’s legacy: A visionary leader who shaped India’s corporate future

Ratan Tata, the former Chairman of Tata Sons, has left an indelible mark on the Indian corporate landscape and beyond. His leadership has spanned decades, transforming Tata Group, one of India’s largest conglomerates, into a global business powerhouse. His legacy, however, transcends the success of Tata Group and is deeply rooted in ethical business practices, philanthropy, and social responsibility.

BSE
Markets

Why Did Sensex Plunge 950 Points Intraday Today?

On Monday, the BSE Sensex experienced a significant drop, plunging as much as 962 points or 1.17% to 80,726.06 during intraday trading. The NSE Nifty50 also fell sharply by 244 points or 0.97%, reaching 24,770 levels. Despite opening in the green, both indices quickly erased their gains and slipped deep into negative territory.

close up of cash
Banking, Economy

India’s forex reserves jump $12.588 billion to hit record high of $704.885 billion

India’s forex reserves jumped by $12.588 billion to a new all-time high of $704.885 billion for the week ended September 27, the Reserve Bank said on oCtober 4.

The overall kitty had swelled by $2.838 billion to $692.296 billion in the previous reporting week.

The $12.588-billion surge would be one of the highest weekly rises ever, and this is the first time the reserves have crossed the $700-billion mark.

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