Indian government bond yields are expected to trade largely flat in the early session on Thursday, as traders await minutes from the Reserve Bank of India‘s policy meeting due later in the day. The 10-year benchmark 7.26% 2032 bond yield is expected to be in the 7.20% to 7.25% range, after closing at 7.2251% in […]
Medi Assist Group continues to look at the listing opportunity and will re-file preliminary papers with Sebi to launch an initial public offering (IPO) “whenever the time is right”. Medi Assist Healthcare Services had filed the draft red herring prospectus with Sebi in 2021 to float an IPO. The proposed IPO was entirely an offer […]
By Amit Pabari After consolidating for almost 2 years in the range of 72.30 to 77.00 zone, the Indian Rupee approached to test fresh all-time low against USD. The factors which took it from 74.50 to 77.00 mark were obviously higher crude oil prices led by the Russia-Ukraine crisis, risk-off led stronger US dollar and […]
GPS Renewables, a leading full stack technology and engineering company focussing on clean fuels has announced that it has bagged orders worth Rs 2,000 crore, which will see it undertake multiple Compressed Biogas (CBG) projects (Renewable Natural Gas (RNG)) across the country. The strategically positioned plants will process 4,000-tonnes per day of agri-residue and energy […]
India’s current account deficit (CAD) narrowed to 1% of the gross domestic product (GDP) in Q2FY24 from 3.8% in the corresponding period of FY23, helped by a moderation of merchandise trade deficit, stronger inflows from services trade and higher remittances. At 1.1%, the CAD was modest in Q1FY24 too. In absolute terms, the CAD came […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Friday’s session in the red territory. The NSE Nifty 50 fell 131.85 pts or 0.77% to 16,945.05 and BSE Sensex tanked 398.18 pts or 0.69% to 57,527.10. Bank Nifty fell 221.55 pts or 0.56% to 39,395.35. The top gainers on Nifty 50 […]
Indian benchmark equity indices opened flat on on monthly F&O expiry amid mixed global market sentiment. The BSE Sensex fell 87.04 pts or 0.15% to 59,657.94 and NSE Nifty 50 plunged 20.45 pts or 0.12% to 17,533.85. The top gainers on Nifty were Coal India (up 0.90%), JSW Steel (up 0.71%), UPL (up 0.61%), Tech […]
Tata Technologies, a subsidiary of Tata Motors, has filed draft papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO), making it the second Tata Group company intending to tap the capital markets in 2023. In December, Tata Play (formerly Tata Sky) had filed initial papers […]
The Indian rupee opened marginally higher at 81.72 per dollar on Wednesday versus the previous close of 81.78. The local unit is likely to appreciate further today amid a rise in risk appetite in global markets and softening of crude oil prices. Further expectation of a decline in US CPI numbers could force the Fed […]
Amid growing concerns over deepfakes, the government has directed all platforms to comply with IT rules, as companies have been mandated to inform users in clear terms about prohibited content, and cautioned that violations will attract legal consequences. IT Ministry will closely observe the compliance of intermediaries (social media and digital platforms) in the coming […]