Asia

Shaktikanta Das, Governor, Reserve Bank of India

Adani Row: RBI defends banks' exposure, says "One client will not affect Indian banking system"

An individual client -- Adani Group -- will not bring down the Indian banking system, Reserve Bank of India Governor Shaktikanta Das said

Feb 8, 2023

Adani row: Here's what Fitch Ratings, Moody's say on Indian banks' exposure to group's stock rout

Fitch Ratings said that the controversy over the short-seller report has no immediate impact on the ratings of Fitch-rated Adani entities and their securities

Feb 8, 2023

Adani Row: Where do Indian banks stand? Total exposure at $9 billion; SBI, PNB, Bank of Baroda claim 'still safer' despite stock rout

In a virtual press conference, PNB CEO said there was no cause for concern, despite the bank's exposure of Rs 7,000 crore to the group

Feb 6, 2023

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

The negative outlook reflects the risk of a deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai, said S&P ratings

Feb 4, 2023

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Parliamentary Affairs Minister Pralhad Joshi on Friday categorically said that the government has nothing to do with the Hindenburg report on Adani group

Feb 3, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Life insurance scrips suffer from 'Halahala' poison in Amrit Kaal budget

Feb 2, 2023

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

As of 2:10 PM, Sensex is trading up nearly 300 points or 0.5% to 59,841 points, while Nifty is trading at 17,701 points, up 40 points or 0.22%, while Nifty Bank is trading up more than 500 points or 1.34% to 41,200 points

Feb 1, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

A tax of 5 per cent would be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15 per cent on income between the range of Rs 9 lakh to Rs 12 lakh.

Feb 1, 2023

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

As of 1:15 PM, Sensex is trading down merely 16 points or 0.02% to 59,484 points, while Nifty is trading flat at 17,647 points and Nifty Bank is trading up 300 points or 0.75% to 40,688 points

Jan 31, 2023

Stock market falls sharply as Hindenburg report intensifies selling pressure on D-Street; Sensex below 59,000, Nifty around 17,500

As of 1:15 PM, Sensex is trading more than 400 points or 0.7% lower to 58,914 points, while Nifty is trading at 17,465 points, down 140 points or 0.8% and Nifty Bank is trading nearly 600 points or 1.45% lower to 39,761 points

Jan 30, 2023

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Asia

Adani Row: RBI defends banks' exposure, says "One client will not affect Indian banking system"

Adani row: Here's what Fitch Ratings, Moody's say on Indian banks' exposure to group's stock rout

Adani Row: Where do Indian banks stand? Total exposure at $9 billion; SBI, PNB, Bank of Baroda claim 'still safer' despite stock rout

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

Stock market falls sharply as Hindenburg report intensifies selling pressure on D-Street; Sensex below 59,000, Nifty around 17,500

Will LIC sustain net gains of Rs 27,300 crore from investments in Adani Group shares?

What if Adani's FPO fails? No plans to reduce price, may postpone expansion plan, says CFO

Hindenburg Report Impact: Adani shares plunge by 20%, Sensex down by 700 points

Hidenburg report on Adani Group: "No small matter", Congress demands probe by SEBI

What's Hindenburg Research report? Adani Group reacts strongly, says 'evaluating punitive' action