Growth in loans given by non-banking financial companies (NBFCs) to the MSME sector was more than three times that of banks, benefitting from their ability to offer customised financing solutions, said the Reserve Bank of India (RBI) on Wednesday. In its latest report on the performance of the banking sector during 2022-23 and 2023-24 so […]
By Rahul Shah Markets back in the grips of long-awaited bulls, Equity benchmark index posted its best weekly advance since April as decline in commodity prices eased some concerns of higher inflation and tighter monetary policy measures. Sensex gained 3% or 1574 points to close at 54482 while Nifty surged by 469 points to close […]
Arbaaz Khan, who marked his debut in the acting realm with the film “Daraar” in 1996, has remained a prominent figure in the Hindi entertainment industry for over two decades. His influence extends beyond the borders of Bollywood, as he has delved into South Indian cinema, directed films, and produced blockbuster hits like the Dabangg […]
India’s market regulator will update the finance ministry this week on its investigation into the Adani Group‘s withdrawn $2.5 billion follow-on public issue, two sources familiar with the matter said on Monday. The board of the Securities and Exchange Board of India (SEBI) is scheduled to meet Finance Minister Nirmala Sitharaman on Feb. 15, the […]
Asian stocks rose, the dollar eased and gold hovered around its record highs on Friday, as jittery investors remained nervous about the U.S. banking sector following another rout in shares of regional lenders. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% higher and was on course to snap its two-week losing streak. Japan […]
Gold prices rose by Rs 128 to Rs 57,275 per 10 grams in the national capital on Tuesday amid firm global trends, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 57,147 per 10 grams. “Spot gold prices in the Delhi markets traded at Rs 57,275 per 10 grams, […]
KFin Technologies IPO was subscribed more than half the total issue size at the end of Day 1 bidding, with institutions already bidding for more than 90% of their quota. KFin Tech’s Rs 1,500-crore IPO opened for subscription today; the bidding ends on Wednesday, 21 December 2022. Two years ago, KFinTech’s rival CAMS shares listed […]
Russian attacks on southern Ukraine’s Kherson region killed five civilians on Sunday, Ukrainian officials said, while Russian-installed officials in the eastern town of Horlivka said one person was killed in result of Kyiv’s shelling. Russian forces abandoned the city of Kherson, the administrative centre of the Kherson region on the Dnipro River in southern Ukraine, […]
Mamaearth, a Gurugram-based startup which manufactures and sells personal care products, has filed a draft red herring prospectus (DRHP) with markets regulator Sebi to raise funds through an initial public offering (IPO). The direct-to-consumer (D2C) startup’s IPO will comprise fresh issue of equity shares aggregating up to Rs 400 crore and an offer for sale […]
Foreign institutional inventors (FII) sold shares worth a net Rs 497.65 crore while domestic institutional investors (DII) purchased shares worth a net Rs 1285.74 crore on Monday, December 26, 2022, according to the data available on NSE. For the month till December 26, FII sold shares worth a net Rs 8,967.18 crore while DII bought […]
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