The Nifty shot to a new record high and the Sensex pushed closer to its all-time high as the Indian stock markets closed higher on April 10 amid a week of optimism and bullish momentum. A number of things contributed to the positive attitude, such as sectoral gains, stability in international markets, and the approach…
A huge investment of Rs 1.5 lakh crore has been announced by Adani Green Energy Ltd. in a bold attempt to support India’s renewable energy infrastructure. With this investment, the Khavda renewable energy project site in Kutch, Gujarat, is expected to increase its capacity to an astounding 30 gigawatts (GW) in the next five years….
The Government of India’s Floating Rate Bond 2024 (FRB 2024) has a 6.97 percent interest rate, which the Reserve Bank of India (RBI) recently revealed. The interest rate will be in effect from May 07, 2023, to November 06, 2023. This action highlights how financial markets are dynamic and react to both local and international…
The World Bank’s most recent projections, which were revised upward to 7.5%—a considerable increase from earlier estimates—pave a positive picture for India’s economic growth in 2024. Growth in the South Asian region, led by India, is predicted to reach 6.0% in 2024 and continue at a strong rate of 6.1% in 2025, making it a…
The Reserve Bank of India (RBI) has asked all agency banks that do business with the government to maintain branch operations through March 31, 2024, in an effort to guarantee smooth financial operations and careful accounting for the fiscal year ending 2023–2024. Due to the fact that the end of the fiscal year falls on…
Industrial tycoon Ratan Tata and the Assam government have started an innovative journey to build a semiconductor manufacturing plant in Jagiroad, Assam, marking an important move forward in technology. This initiative, with an enormous Rs 27,000 crore investment from the Tata conglomerate, has the potential to push Assam onto the global semiconductor production stage. Ratan…
In Monday’s volatile intraday trade, Tata Group stocks faced a downturn, largely attributed to growing indications that Tata Sons, the holding company of the conglomerate, may not venture into the primary market in the near future. The market reacted strongly to this news, with shares of key companies such as Tata Chemicals witnessing a substantial…
Mumbai, March 7, 2024: India’s leading commercial vehicle manufacturer, Tata Motors, has officially announced a 2% increase in the prices of its commercial vehicles, effective April 1, 2024. The decision, communicated via an exchange filing on Thursday, aims to counterbalance the lingering impact of past input costs. In a statement, Tata Motors clarified, “While the…
Zerodha Mutual Fund has taken a significant step by officially listing its Zerodha Gold ETF on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). This move aims to provide investors with a seamless and cost-effective way to gain exposure to the domestic gold market. The Zerodha Gold ETF, classified as an…
Today’s Stock Market: The Indian stock market saw intense selling pressure on Thursday following the Reserve Bank of India’s (RBI) announcement to maintain key rates unchanged following the monetary policy meeting.During trading on Thursday, the Nifty 50 index dropped by 1%, reached an intraday low of 21,709, and gained close to 225 points.The BSE Sensex…
