Business news

RBI issues new order on credit cards to give customers more choice

The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or agreement with card networks such as American Express, MasterCard Asia, Diners Club and Rupay that restrain them from availing the services of other card networks.

Mar 6, 2024

Ahead of IPO, market value of Tata Sons' listed investments estimated at Rs 16 Lakh Crore ($96 Billion)

Tata Sons' could potentially fetch a value of Rs 7-8 trillion at current market capitalisation of Tata Group companies, as per investment banking firm Spark PWM.

Mar 6, 2024

Markets: Shares remain flat, small cap indices in red

Small cap stock indices are in the red on Monday as BSE Small Cap Index is down 0.68 per cent. BSE 250 Small Cap index is down 0.47 per cent. Small Cap Select Index is down 0.66 per cent.

Mar 4, 2024

Markets: Sensex, Nifty to witness new highs this week, some more to follow

Friday was the turning point and markets went into a new orbit all over again, writes expert Arun Kenjriwal.

Mar 4, 2024

Sensex down more than 500 points

Market was likely to be in a range-bound zone in the near term, said V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Feb 28, 2024

Bitcoin on surge again, crosses $57,000 for first time since 2021

Bitcoin led a major rally for cryptocurrency prices and related stocks on Tuesday as it bolted above $57,000 for the first time since November 2021, reports said.

Feb 28, 2024

Nifty closed in the green on four occasions in 3 months

On a 3-month basis into the election results, the Nifty has closed in the green on four occasions with an average up-move of 10.7%, JM Financial Institutional Securities said in a research on markets movement post India's general elections.

Feb 26, 2024

$Bharat Tex 2024$

Inspiring Tomorrow's Textile Landscape: Bharat Tex 2024 Premieres February 26th at New Delhi!

Bharat Tex 2024 is a celebration of India's rich textile legacy and its vision for a sustainable, innovative future

Feb 19, 2024

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

bosch share buy back germany company multinational

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

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