Business news

After the rally last week, will markets scale new highs?

The strategy for the week would be to keep one eye on the indices and the other on traded volumes, writes Arun Kejriwal

Feb 19, 2024

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Bosch to acquire minority stake in solar power companies; logs Rs 518cr Q3 net

Automotive components and consumer goods player Bosch Ltd will acquire a small stake in two solar power generation companies at an outlay of about Rs 4.88 crore.

Feb 13, 2024

Sensex tanks more than 600 points after RBI credit policy

Not belying the expectations of senior economists, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) retained the repo rate at 6.50 per cent.

Feb 8, 2024

Nifty closes flat ahead of RBI policy meeting

Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels. Barring IT, all other sectors ended in green, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

Feb 7, 2024

US stocks fall after Fed Chair Powell says central bank not yet ready to cut rates

US stocks fell on Monday after Federal Reserve Chair Jerome Powell said on Sunday that the central bank is not ready to cut interest rates yet, a media report said.

Feb 6, 2024

Sensex Sensex zooms 1200 points, Nifty crosses 22k a day after Interim Budget

BSE Sensex jumped more than 1200 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25.

Feb 2, 2024

Sitharaman Announces Three New Railway Economic Corridors

Interim Budget 2024: Budget memes take over key points and highlights; netizens point out good, bad & ugly

Whether politically biased or politically neutral, the budget provides content creators with fertile ground to grow awareness on inflation, economy and financial struggles of common man.

Feb 1, 2024

New Delhi: President Droupadi Murmu With Finance Minister Nirmala Sitharaman At Rashtrapati Bhavan

Highlights of Interim Union Budget 2024-25

Finance Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament on Thursday.

Feb 1, 2024

Sitharaman announces three new railway economic corridors

Finance Minister Nirmal Sitharaman on Thursday announced the setting up of three new major railway economic corridors.

Feb 1, 2024

NPS Withdrawal Rules: What You Need to Know

The PFRDA has proposed a systematic lump sum withdrawal system that allows subscribers to get regular payments instead of a lump sum withdrawal from the NPS investment.

Jan 30, 2024

ITC gross revenue at Rs 17,483 cr for Q3 represents 2.1% YoY growth

Amid a challenging macro-economic and operating environment and high base effect in some of its operating segments, ITC Limited delivered resilient performance during the quarter ended December 31, 2023.

Jan 29, 2024

Nifty records biggest single-day gain since Dec 4: RIL, ONGC biggest gainers [details]

Nifty ended the first day of the week with its biggest single-day gain since December 4 with heavyweight Reliance Industries contributing the most to the gains, Deepak Jasani, Head Retail Research at HDFC Securities, said on Monday.

Jan 29, 2024

Interim Budget unlikely to impact market in a big way, say analysts

Two important events are due this week: the interim Budget and the Fed meeting on rate decision. But these events are unlikely to impact the market in a big way, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 29, 2024

Growth in banks' credit surpassing deposits: RBI

The gap between credit and deposit growth of banks as of the first fortnight of January 2024 has widened compared to the last fortnight of September 2023, according to the latest RBI data.

Jan 27, 2024

FPIs sold equities worth Rs 27,000 crore in January

FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 27, 2024