Baba Ramdev’s Patanjali Ayurved, along with Dharampal Satyapal Group, has acquired a majority stake in Magma General Insurance from Sanoti Properties, valuing the insurer at ₹4,500 crore. This deal signifies Patanjali’s expansion into the general insurance market and broader financial services sector.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting