Business news

Indian rupee records 6.9% depreciation in current FY

The Indian rupee has witnessed a depreciation of 6.9 percent in the current financial year till November 30, the Parliament was told on Tuesday.

Dec 13, 2022

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

The domestic benchmark started trading in the green on Tuesday after yesterday's sluggish performance. The BSE Sensex opened at 62,300 points and currently trading close to the 62,500 mark; meanwhile, Nifty-50 opened at 18,524 and currently trading close to the 18,600 mark.

Dec 13, 2022

Who's Sam Bankman-Fried? Former CEO of FTX arrested in Bahamas

Former CEO of bankrupt crypto exchange FTX, has been arrested in the Bahamas, at the request of the US authorities as he was expected to testify online before the US House Financial Services Committee

Dec 13, 2022

Tax collections up by 24% in current fiscal year-on-year [details]

Net tax collection in 2022-23 was 24.26 percent higher than the net collection for the corresponding period of last year.

Dec 12, 2022

Markets to remain nervous; investors await Fed's policy outcome and India's inflation data

The BSE Sensex opened at 61,770 and almost fell 500 points in the early hour of trading, but it regained some of the lost ground and currently trading between the range of 62,100 to 62,300, while Nifty-50 opened at 18,402 and dipped 100 points in the early hour but it also trimmed the losses and it is currently trading close to 18,500 mark

Dec 12, 2022

Adani Group to have its nominees on NDTV Board

The Board of New Delhi Television Ltd (NDTV) has approved a proposal to invite the Adani Group's RRPR Holding Private Ltd to nominate two Directors to the former's Board

Dec 10, 2022

First-ever surety bond insurance product to be launched on Dec 19: Gadkari

Minister for Road Transport and Highways Nitin Gadkari announced on Thursday that the country's first-ever Surety Bond insurance product would be launched on December 19

Dec 9, 2022

FADA cautiously optimistic on near term outlook for auto sales

The hike in vehicle prices by the manufacturers, the fallout of the 35 basis points (bps) increase in the repo rate by the Reserve Bank of India (RBI), may dent the confidence of two-wheeler and entry level car buyers, said the Federation of Automobile Dealers Associations (FADA).

Dec 9, 2022

Stock market opens marginally positive but turns negative soon

Indian equity market opened with marginal gains on Friday, taking a hint from global counterparts. The BSE Sensex opened at 62,690 points and was trading below the 62,500 mark, whereas the NSE Nifty-50 opened at 18,662 and currently trading above the 18,500 mark.

Dec 9, 2022

Stock markets show marginal rise amid risk of global spillover; Investors await Gujarat and HP assembly election results

The Indian benchmark indices showed marginal improvement after opening on a flat note, taking cues from weak global cues. BSE Sensex was trading higher than the 62,500 mark and opened at 62,504 points and NSE Nifty-50 surpassed the 18,600 mark after opening at 18,570 points.

Dec 8, 2022

Homegrown VC firm Blume Ventures closes its 4th fund at over $250 mn

Unacademy, Zomato-backer Blume Ventures raises over $250 million; its largest-ever fund [details]

Homegrown venture fund Blume Ventures, which focuses on early-stage technology-led startups, on Wednesday announced it has closed its Fund IV at over $250 million, bringing the firms asset under management (AUM) to over $600 million.

Dec 7, 2022

How to choose your first broker, a beginners guide

Dailytrading.com suggests 'If you are a trader looking for quick gain and make trade execution for short-term trade executions then you should look for a broker with very low executions fee.

Dec 7, 2022

Morgan Stanley raises index targets for Asia and emerging markets

Investment advisory firm Morgan Stanley has raised Asia and emerging market (EM) index targets in its latest report titled "Asia Emerging Markets Strategy: New Bill Run Market Continues", which was released on Monday.

Dec 6, 2022

Stock market opened on sluggish note on the back of better-than-expected US job report, Indian investors wait for MPC outcome

Indian benchmark indices continue to tumble as investors wait for the outcome of the MPC meeting that began on 5th December and will be concluded on 7th December. BSE Sensex continues to trade 250-300 points lower after opening at 62,395 points and NSE Nifty-50 also remains well below the 18,700 mark after opening at 18,600 points.

Dec 6, 2022

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Sensex, Nifty: Monday blues bring market momentum further down

The benchmark BSE Sensex opened at 62,865 and currently trading at 62,611 points, down 270 points or trading at 0.41% lower and Nifty-50 of NSE also opened below 19,000 mark and currently trading at 18,625 points, down 70 points or trading at 0.39% lower.

Dec 5, 2022

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Business news

Indian rupee records 6.9% depreciation in current FY

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

Who's Sam Bankman-Fried? Former CEO of FTX arrested in Bahamas

Tax collections up by 24% in current fiscal year-on-year [details]

Markets to remain nervous; investors await Fed's policy outcome and India's inflation data

Adani Group to have its nominees on NDTV Board

First-ever surety bond insurance product to be launched on Dec 19: Gadkari

FADA cautiously optimistic on near term outlook for auto sales

Stock market opens marginally positive but turns negative soon

Stock markets show marginal rise amid risk of global spillover; Investors await Gujarat and HP assembly election results

Unacademy, Zomato-backer Blume Ventures raises over $250 million; its largest-ever fund [details]

How to choose your first broker, a beginners guide

Morgan Stanley raises index targets for Asia and emerging markets

Stock market opened on sluggish note on the back of better-than-expected US job report, Indian investors wait for MPC outcome

Sensex, Nifty: Monday blues bring market momentum further down

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]