RBI Monetary Policy: Repo rate remains unchanged at 6.5%
The Reserve Bank of India's (RBI) monetary policy committee (MPC) has made the decision to maintain the repo rate at 6.5%, according to RBI Governor Shaktikanta Das. This means that…
RBI withdraws ₹ 2000 note from circulation, to remain legal tender
The Reserve Bank of India has decided to withdraw the ₹2000 denomination banknotes from circulation but they will continue to remain as legal tender. It has advised banks to stop issuing ₹2000…
Adani to increase airports business in India amid aviation boom
India's Adani Group will focus on expanding its aviation business and plans to bid for more government-run airports when they come up for privatisation, Adani Airports' chief executive said on…
After adani bomb, Hindenburg Research teases ‘another big’ report
Hidenburg Research's previous report has caused Indian tycoon Gautam Adani wealth decline by about 60% from its peak point. After dropping a bombshell on Gujarat tycoon Gautam Adani, Hindenburg Research…
US Fed Rate Hike LIVE: Jerome Powell hikes policy rate by 25 bps despite bank turmoil, Dow rises 100 points
The US Federal Reserve today announced an increase in interest rate by 25 basis points. Once the banking crisis began to worsen, the FOMC meeting in March was seen as…
Why sensex nosedived 1450 points in last two days
Stock market today: Ahead of US non farm payroll data and jobless claim data release, Indian stock market extended its weakness for second straight session on Friday. On Friday morning deals,…
JSW Steel USA adopts Smart EPD to control environment clash of its products
New Delhi: JSW Steel USA, a subsidiary of JSW Steel, has adopted Smart EPD (Environmental Product Declarations) platform to monitor, publish, and digitally lead the strategic direction in decarbonisation. JSW…
Tata Steel Mining sign MoU with GAIL to get clean fuel
In order to reduce carbon footprint in its operations, Tata Steel Mining Limited has signed a memorandum of understanding with GAIL (India) Limited for supply of natural gas to its…
Indian Market Watch: 7 Overnight Shifts – Gift Nifty, Dow’s Record High, and Oil Price Trends
Explore the latest market developments in the Indian financial landscape with a focus on seven overnight shifts that have impacted the Gift Nifty, the Dow Jones hitting a record high,…
Stock Market Recap, Aug 27: Sensex, Nifty Flat; Smallcaps Surge; ZEE Jumps 11.5%
On August 27, 2024, the Indian stock markets closed on a flat note with both the Sensex and Nifty showing minimal gains. While large-cap indices remained steady, the small-cap segment…
Nifty’s 7-Week Bull Run Hits a Roadblock: Unraveling the Sudden Reversal
In a surprising turn of events, the stock market rally that propelled Sensex and Nifty to unprecedented heights over seven consecutive weeks came to an abrupt halt on Wednesday. The…
Vedanta Announces ₹11 per Share Interim Dividend; Record Date Revealed for Shareholders
"Vedanta Ltd Approves ₹11 per Share Interim Dividend for FY 2023-24, Record Date Set for December 27" "On Monday, December 18, 2023, Vedanta Ltd announced the approval of a second…
Adani Power buys DB Power for Rs 7,017 crore
Adani Power Ltd has agreed to acquire DB Power in a cash transaction at an enterprise value of ₹7,017 crore as India’s largest private thermal power producer seeks to expand its…
Adani Group gets SEBI nod for $3.8 bn open offer for Ambuja, ACC
The Adani Group, helmed by billionaire Gautam Adani, is said to have received capital markets regulator SEBI's nod for the $3.8-billion open offer for Ambuja Cements and ACC. The Adani…
Board of AMC stock approves 2:3 bonus shares: Check record date
With a market valuation of ₹19.68 Cr, Escorp Asset Management Ltd. is a small cap company that operates in the financial services sector. The company is a subsidiary of Aryaman Financial…
Paytm on track to become profitable next year: CEO Vijay Shekhar Sharma
Financial services platform Paytm has no plans to expand internationally or make any acquisitions, the company’s management told shareholders on Friday, even as it reiterated its plan to turn operationally…
Indian Market Watch: 7 Overnight Shifts – Gift Nifty, Dow’s Record High, and Oil Price Trends
Explore the latest market developments in the Indian financial landscape with a focus on seven overnight shifts that have impacted the Gift Nifty, the Dow Jones hitting a record high,…
Stock Market Recap, Aug 27: Sensex, Nifty Flat; Smallcaps Surge; ZEE Jumps 11.5%
On August 27, 2024, the Indian stock markets closed on a flat note with both the Sensex and Nifty showing minimal gains. While large-cap indices remained steady, the small-cap segment…
Nifty’s 7-Week Bull Run Hits a Roadblock: Unraveling the Sudden Reversal
In a surprising turn of events, the stock market rally that propelled Sensex and Nifty to unprecedented heights over seven consecutive weeks came to an abrupt halt on Wednesday. The…
Vedanta Announces ₹11 per Share Interim Dividend; Record Date Revealed for Shareholders
"Vedanta Ltd Approves ₹11 per Share Interim Dividend for FY 2023-24, Record Date Set for December 27" "On Monday, December 18, 2023, Vedanta Ltd announced the approval of a second…
Indian Market Watch: 7 Overnight Shifts – Gift Nifty, Dow’s Record High, and Oil Price Trends
Explore the latest market developments in the Indian financial landscape with a focus on seven overnight shifts that have impacted the Gift Nifty, the Dow Jones hitting a record high,…
Stock Market Recap, Aug 27: Sensex, Nifty Flat; Smallcaps Surge; ZEE Jumps 11.5%
On August 27, 2024, the Indian stock markets closed on a flat note with both the Sensex and Nifty showing minimal gains. While large-cap indices remained steady, the small-cap segment…
Nifty’s 7-Week Bull Run Hits a Roadblock: Unraveling the Sudden Reversal
In a surprising turn of events, the stock market rally that propelled Sensex and Nifty to unprecedented heights over seven consecutive weeks came to an abrupt halt on Wednesday. The…
Vedanta Announces ₹11 per Share Interim Dividend; Record Date Revealed for Shareholders
"Vedanta Ltd Approves ₹11 per Share Interim Dividend for FY 2023-24, Record Date Set for December 27" "On Monday, December 18, 2023, Vedanta Ltd announced the approval of a second…