Latest Updates Around The World
Clean Max Enviro Energy Solutions’ Rs 3,100-crore IPO has entered day 2 of bidding, with investor focus divided between steady institutional demand and muted signals from the gray market. The issuance is being closely monitored amid mixed subscription trends and cautious listing expectations.Clean Max Enviro Energy Solutions IPO GMP – Latest DetailsAs of February 24, […]
A group of smaller private and PSU banks with sizeable gold loans are turning the gold boom into a balance sheet bonanza, while rising prices and a surge in secured credit demand are boosting growth, margins and asset quality.In the December quarter, CSB Bank led the pack with gold loans constituting a whopping 51% of […]
Oil prices hovered below a nearly seven-month high on Tuesday as traders assessed the prospects for US-Iran nuclear talks amid heightened tensions in the Middle East, while also weighing uncertainty around US trade policy. Brent crude futures fell 9 cents, or 0.1%, to $71.40 a barrel by 01:20 GMT, after a volatile session on Monday […]
Outstanding credit to the commercial sector crossed Rs 300 lakh crore at the end of January, up 14.7% year-on-year, signaling a pick-up in loan demand in response to the Reserve Bank of India’s (RBI) 125 basis point cut in policy rates over the past year to boost growth. One basis point is one hundredth of […]
Mumbai: India’s stock benchmarks rose 0.6% on Monday as investors balanced optimism over lower US tariffs with fresh uncertainty over new tariff negotiations ahead. The Nifty closed at 25,713, up 141.75 points, while the BSE Sensex ended at 82,294.7, up 479.95 points. The US Supreme Court has declared Trump’s tariffs illegal. In response, Trump imposed […]
PNGS Reva Diamond Jewelery has raised Rs 170.58 crore from anchor investors ahead of its IPO, which opens for public subscription on February 24. The company has allotted 44,19,200 shares at Rs 386 per share to anchor investors, according to a stock exchange filing.Key global institutions participating in the anchor round included Citigroup Global Markets […]
Domino’s Pizza on Monday beat Wall Street estimates for fourth-quarter U.S. same-store sales as value-driven promotions and new menu items fueled demand, sending the pizza chain’s shares up about 5% in early trading.The pizza chain joined fast-food rivals such as hamburger giant McDonald’s and Taco Bell parent Yum Brands, which have also launched value meals […]
India’s benchmark indices rose on Monday after the US Supreme Court struck down President Donald Trump’s sweeping global tariffs on Friday. The 30-share Sensex rose over 670 points to hit an intraday high of 83,486 before paring gains at 83,294.66, up 480 points or 0.6%. The Nifty also advanced 142 points to close at 25,713.Meanwhile, […]
The Securities and Exchange Board of India (Sebi) is preparing a comprehensive regulatory review for portfolio management services (PMS), chairman Tuhin Kanta Pandey said on Monday. The regulator will also look at representations from brokers seeking intervention in the Reserve Bank of India’s new capital market financing norms, he said at a PMS conclave.On the […]
US stocks fell on Monday, with heavyweight technology stocks leading the declines as uncertainty over tariffs grew after President Donald Trump announced a new 15% tariff following a Supreme Court ruling that struck down his broader levies.The Supreme Court in a 6-3 ruling on Friday overturned most of the tariffs Trump imposed last year, ruling […]
