The Reserve Bank of India (RBI) should reduce nominal interest rates soon to prevent an excessive rise in real interest rates, says monetary policy committee’s external member Jayanth Varma. He tells Ajay Ramanathan that a potential deterioration in the global economy and geopolitical volatility are major risks to growth in 2024. Excerpts: Q. Do you […]
Prime Minister Narendra Modi on Saturday on the Zuari Bridge becoming fully operational. While extending his wishes he said that the bridge will serve to push tourism and commerce by enhancing connectivity. In his post on X, formerly Twitter, PM Modi said, “Congratulations to the people of Goa on the Zuari Bridge being fully operational! […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex regained from day’s lows, however still closed in the red. Nifty closed below the 18,000 mark but regained 100 points from the day’s low. Sensex added over 300 points from its intraday low to settle at 60,353, while […]
Entitled Solutions, which makes health and financial services accessible to urban low-income workers, has raised an extended seed round of $1.3 million from security, facility management and cash logistics company SIS, it announced on Wednesday. The company will use capital towards supporting its product development, including the creation of new credit products such as two-wheeler […]
Indian share market benchmarks BSE Sensex and NSE Nifty 50 have tumbled over 15% per cent from record high levels on the back of Russia-Ukraine war, and other global developments. Sandip Sabharwal, investment advisor, in an interview with Surbhi Jain of FinancialExpress.com, advises investors to exit stocks bought on tips and unsustainable expectations, and evaluate […]
Even though finance minister Nirmala Sitharaman addressed the Reserve Bank of India’s Board on Saturday, her customary post-budget address to the Board of the Securities and Exchange Board of India (Sebi) is yet to be scheduled. Usually, the finance minister addresses both the RBI and Sebi boards on the same day or a couple of […]
Oil fell in early Asian trade on Wednesday, paring two straight days of gains after an industry report showed U.S. crude inventories rose unexpectedly last week in a sign fuel demand may be weakening. Brent futures, which have risen more than 3% this week, were down 48 cents, or 0.6%, at $74.84 a barrel at […]
By Shrikant Chouhan The benchmark indices witnessed robust bounce back, the NSE Nifty 50 ended 153 points higher while the BSE Sensex settled 581 points up. Among sectors, reality, media, PSU Banks stocks bounced back sharply whereas some profit booking was seen in metal stocks. Technically, the Nifty 50 index not only cleared the resistance […]
Domestic indices ended Tuesday’s session in the red territory. The NSE Nifty 50 closed below 17000, BSE Sensex below 57650 and Bank Nifty concluded above 39,550. The top gainers on Nifty 50 were UPL, IndusInd Bank, Dr Reddy, ICICI Bank and HDFC Bank while the top losers were Adani Enterprises, Adani Ports, Tech Mahindra, Hero […]
Digital medium witnessed an increase in impressions by 43% in July-September 2023 compared to January-March 2023. Ad impressions on Digital Advertising witnessed growth during both the periods April-June 2023 and July-September 2023 of 60% and 43% respectively compared to January-March 2023. July-September 2023 observed growth of 30% in ad impressions compared to July-September 2022, according […]