Economy May 6, 2022 To combat inflation, economists anticipate more aggressive rate hikes from the RBI. After a long-anticipated rate hike on Wednesday, economists expect India's central bank to frontload additional aggressive interest rate hikes in…
Companies May 6, 2022 Adani Power surges nearly 5% after reporting record net profit in the March quarter. Adani Power's stock rose about 5% on Thursday after the company's consolidated net profit increased to 4,645.47 crore in the…
Finance May 5, 2022 On the RBI rate hike, Finance Secretary said it’s a “necessary step in the right direction.” The administration claims that hiking the key interest rate by the Reserve Bank of India (RBI) was a necessary step.…
Finance May 5, 2022 According to a report, the Central Bank of India may close 13 percent of its branches. According to sources and a document obtained by Reuters, the Central Bank of India, a state-owned commercial bank, aims to…
Companies May 5, 2022 The LIC IPO raised 67 percent on day one, with policyholders subscribing 1.99 times: 10 Facts The subscription period for the Life Insurance Corporation of India's first public offering (IPO) began today.
Companies May 4, 2022 Titan’s stock has dropped almost 3% as a result of the March quarter’s results. Titan Business Ltd's stock fell more than 3% in morning trade on Wednesday, a day after the company reported a…
Companies May 4, 2022 The LIC IPO is now open for subscription, with a 28 percent subscription rate in under two hours. The subscription period for the Life Insurance Corporation of India's initial public offering (IPO) began on Wednesday.
Economy April 30, 2022 12 years, a big time to recoup the Indian economy pandemic losses: RBI reports The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a…
Companies April 29, 2022 Campus Activewear IPO subscribed 51.75 times of last day The initial public offer of athleisure footwear company Campus Activewear was subscribed 51.75 times on the last day of subscription…
Finance April 29, 2022 Incredible demand for the buying IPO shares of LIC by the policy holders reaches 6 crores The LIC has set a price band of ₹ 902-Rs 949 per equity share. The government intends to raise ₹…
Market & Forex April 29, 2022 SEBI Cuts Listing Time for Real Estate, Infrastructure Investment Trusts The time taken for listing such emerging is reduced by securities board of exchange [SEBI], where investment vehicles to six…
Finance April 29, 2022 RBI revised the norms for the interest subvention scheme on crop loan. Reserve Bank of India (RBI) on Thursday modified norms for banks to claim the amount of interest subvention provided to…