Business news

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Sensex is trading at 61,661 points as of 1:30 PM, which is 133 points lower than the previous close of 61,799 points while Nifty-50 is trading at 18,365 points, which is about 50 points lower than the previous close of 18,414 points

Dec 16, 2022

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

The BSE Sensex is trading down 400 points or 0.6% to 62,254, giving up yesterday's gain, whereas Nifty-50 shed almost 120 points or 0.6% and trading down at 18,542 as of 12:30 pm

Dec 15, 2022

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

BSE Sensex opened at 62,685 points and currently trading between the range of 62,700 to 62,800 points, whereas NSE Nifty-50 opened at 18,671 points and currently trading well above the 18,500-mark

Dec 14, 2022

Critically acclaimed leader Anant Saxena: guides a global mobile app revolution in the Fintech

Anant wanted to provide a rich native experience that could help them drive better financial habits and help them save more money while looking to do no harm.

Dec 13, 2022

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

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Business news

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

Critically acclaimed leader Anant Saxena: guides a global mobile app revolution in the Fintech

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]

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]