Business news

Gold expected to move much higher in 2024

The rise in US rates was the factor that prevented any upside for gold or rather limited it for almost one year now despite high global inflation, the report said.

Dec 29, 2023

What does Adani and Sirius partnership mean for India's Digital Revolution?

The joint venture, Sirius Digitech International Limited (Sirius JV), holds immense potential to reshape the country's digital landscape in several key ways. Read more.

Dec 29, 2023

January is normally a poor month for market

As 2023 draws to a close, the most significant feature of the year's rally is the sharp outperformance of the broader market, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Dec 29, 2023

After 6% rally in Nifty in December, bulls are likely to wait for New Year

The global rally in December led by the US market has lifted most markets significantly, and India was fortunate to have the lift from the state election results too, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Dec 26, 2023

Adani Green Energy to buy 8000-MW solar power for 25 years from Solar Energy Corp of India

The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a period of 25 years, an official said on Monday.

Dec 25, 2023

Ola Electric files DRHP with SEBI, aims to raise Rs 5,500cr via IPO: Report

Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), a media report said on Friday.

Dec 22, 2023

Nifty midcap100 up 44% while Nifty smallcap100 surges 54%

Domestic markets are ending the year 2023 on a buoyant note as Nifty scales above 21,500 mark while Sensex crosses 71,000. Investor's sentiments got a big boost in November and December which helped both domestic as well as global markets scale new high, says a report by Motilal Oswal Broking and Distribution.

Dec 22, 2023

What is Telecom Bill 2023: Key provisions you need to know

The telecom bill emphasizes the critical role of the telecommunications sector as a driver of economic and social development.

Dec 20, 2023

Karnataka Minister holds discussions with Tata Group, Mahindra, JSW, RPG in Mumbai, seeks investments in state

Continuing its efforts to attract investments to the state, a high-level delegation from Karnataka led by the Large and Medium Industries, and Infrastructure Development Minister M.B. Patil on Tuesday held a series of discussions with industry leaders in Mumbai.

Dec 20, 2023

FIIs make U-turn, become big buyers of Rs 20K Cr worth stocks in 2 weeks

During the last two weeks while the Nifty is up by 6 per cent, Bank Nifty is up by 7.4 per cent and Nifty IT is up by around 11 per cent

Dec 18, 2023

Airport commissions second solar power plant.

Govt's renewables drive puts India on track for 45% emissions cut by 2030

India is expanding its renewable energy capacity at a hectic pace of 50 GW a year, which is among the fastest in the world and aims to achieve a 45 per cent cut in emissions by 2030, which will exceed the target of 43 per cent fixed at the COP28 summit in Dubai.

Dec 16, 2023