Business news

Market: Sensex, Nifty open high, Adani Ent shares surge 8%

Indian shares logged weekly gains on Friday after U.S. boutique investment firm GQG Partners' $1.87 billion investments in Adani group stocks

Mar 6, 2023

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Buying gold jewellery in India has new rule in India; sale without THIS is prohibited [details]

The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023.

Mar 5, 2023

Adani group impact: Indian stock markets up, Sensex gains 899 points

After several days of fall, Indian stock markets rebounded on Friday with both -- the Sensex of BSE and the Nifty 50 of NSE -- on the positive sides.

Mar 3, 2023

GHQ Partners defends mega deal to buy Adani stake in 4 companies at $1.87 billion

Rajiv Jain, who had spent 22 years at Vontobel Asset Management before setting up GQH, said the deal was blocked after due diligence and that he has been following Adani Group for six years

Mar 3, 2023

Bill Gates visits RBI office in Mumbai, holds discussions with Shaktikanta Das

Microsoft co-founder Bill Gates on Tuesday visited the Reserve Bank of India (RBI) office in Mumbai, where he held wide-ranging discussions with Governor Shaktikanta Das.

Feb 28, 2023

Charting the rise and fall of Adani group shares before and after Hindenburg Report: No sign of relief or debt refinance yet

Five weeks after the scathing Hindenburg Report came out, almost all of the Adani Group's listed companies are plunging. Here is our take on the stock's up and down volatility before and after the Hindenburg Report

Feb 28, 2023

Sensex: Market this week to remain volatile, trade cautiously, advises expert

Trade cautiously. says Arun Kejriwal after the rout in the markets last week as Adani group shares plummet

Feb 27, 2023

Stock Market: Sensex, Nifty open in green, Adani Group shares remain in red

Adani Enterprises, Adani Ports, Bajaj Finance, Asian Paints and Titan Company remained the top losers on Thursday as of 10 am

Feb 23, 2023

Sensex, Nifty: Volatile markets to keep indices rangebound [Opinion]

On the downside, strong support exists at levels of 17,650-17,700 on NIFTY and at 59,900 - 60,050 on SENSEX, says Arun Kejriwal

Feb 20, 2023

Here's How You can Avoid Penalty on Premature Withdrawal of Fixed Deposit

Fixed deposits are a favourite among Indian investors, and they offer predictable returns on maturity.

Feb 19, 2023

India's forex reserves decline in biggest weekly fall in 11 months; Fell by $8.3 billion

India's foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 -- its biggest weekly fall in 11 months.

Feb 18, 2023

Ruling BJP government to present last budget in Karnataka; CM Bommai offers special worship.

Karnataka Budget 2023: Key takeaways every state citizen must know

The budget size is pegged at Rs 3,09,182 crore, up from Rs 2,65,720 crore in 2022-23. The fiscal deficit has been reined at Rs 60,581 crore.

Feb 17, 2023

RBI should probe LIC, Public Sector Banks' losses due to adani stock rout: Jairam Ramesh

LIC, he said, which 30 crore Indians trust with their life savings, has lost thousands of crores in Adani Group stock in recent days.

Feb 15, 2023

Citibank halts applications for new credit cards, accounts; merger with Axis Bank nearing

Citibank will be merged completely with Axis Bank sooner than later as the former has stopped sourcing credit card applications for new users as well as new account openings.

Feb 8, 2023

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