The Indian benchmark index Sensex plunged over 600 points this week, while the Nifty fell to a two-month low, closing below the 24,600 mark amid widespread selling across sectors.
New Delhi [India]: Amid recent uncertainties in US trade policies and financial markets, a study from the World Gold Council (WGC) suggests that gold is exhibiting traits of a High-Quality Liquid Asset (HQLA). HQLAs are assets that can be quickly and easily converted into cash with minimal loss in value, even during financial crises. The.
New Delhi: SEBI Chairman Tuhin Kanta Pandey assured that the outstanding issues related to the NSE IPO will be resolved imminently, and the regulator will proceed with the process. Speaking at an Assocham event, Pandey stated that discussions between NSE and SEBI are ongoing and that he is optimistic about resolving the issues soon, although.
New Delhi: The Indian government is unlikely to renew IndiGo’s leasing agreement with Turkish Airlines due to tense diplomatic relations, especially after Turkey publicly supported Pakistan following the Pahalgam terror attack and India’s Operation Sindoor in response to the killing of 28 tourists. The current lease, which allows IndiGo to operate wide-body aircraft on the.
Mumbai: Foreign investors have shifted their focus back to Indian equities, investing approximately Rs 8,500 crore during the week, according to the latest data from the National Securities Depository Limited (NSDL). These inflows occurred over just three trading days—Tuesday, Wednesday, and Thursday—due to public holidays on Monday and Friday. This marks a notable reversal following.
US federal reserve chair Jerome Powell issues stark warning, saying president Donald trump’s tariffs could lead to higher inflation and slowdown the economic growth. Speaking at economic club of Chicago, Powell said the central bank remains in wait and see mode for now, but acknowledged the tariffs are already complicating the fed’s policy outlook. “Tariffs.
New Delhi: Finance Minister Nirmala Sitharaman is set to launch the ‘NITI NCAER States Economic Forum’ portal on Tuesday. Developed by NITI Aayog in partnership with the National Council of Applied Economic Research (NCAER), this portal serves as a comprehensive repository of data covering social, economic, and fiscal parameters, along with research reports and expert.
Bengaluru: India’s digital economy has experienced a remarkable growth, expanding tenfold and approaching the $1 trillion milestone, according to a recent report. The country accounted for 31% of the global IPO volume last year, raising $3 billion in total fundraising. India is aiming to reach a $13 trillion market capitalization by 2030, driven by strong.
New Delhi: The Reserve Bank of India (RBI) is anticipated to lower the repo rate by 25 basis points (bps) in its monetary policy announcement scheduled for February 7, according to a report from Bank of Baroda. The report indicated that inflation, the primary concern for monetary policy, is showing signs of moderation, prompting the.
New Delhi: On January 30, Prime Minister Narendra Modi announced the Cabinet’s approval of the National Critical Minerals Mission (NCMM), which seeks to lessen India’s reliance on imports, enhance domestic value chains, and contribute to the country’s goal of achieving ‘Net Zero by 2070.’ In response to an article by Union Minister G Kishan Reddy.
New Delhi: The government has greenlit the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aimed at facilitating loans of up to Rs 100 crore for eligible firms to acquire machinery and equipment. Under this scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) will provide a 60% guarantee coverage to member lending institutions (MLIs) for.
