Latest Updates Around The World
Spot gold on the London market surpassed $4,350 an ounce this week, marking an all-time high. In India, prices in MCX have risen above ₹1,31,000 per 10 grams just ahead of the festive season. Since the beginning of August 2025, domestic gold prices have increased by more than 32%, while global prices have increased by […]
The Calcutta Stock Exchange (CSE), one of India’s oldest stock exchanges, may celebrate its last Kali Puja and Diwali as a functioning stock exchange this year on October 20, with the process of voluntary exit from stock exchange nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 […]
Jammu and Kashmir Bank on Saturday said its net profit fell 11 per cent to Rs 494.11 crore in the July-September quarter of the current fiscal, while first half profit rose marginally to Rs 978.95 crore. Maintaining higher provisioning requirements due to regulatory compliance, J&K Bank posted a net profit of Rs 494.11 crore in […]
After maintaining tight monetary policy for almost two years to keep inflation in check, the Reserve Bank of India has started cutting interest rates in 2025 as price pressures ease and growth momentum stabilizes. The three interest rate cuts, totaling 100 basis points, that have already been implemented this year have brought the repo rate […]
Meesho has filed an updated draft Red Herring prospectus with capital markets regulator Sebi for an initial public offering. The Bengaluru-based e-commerce company, known for democratizing internet commerce for millions of small merchants and consumers, plans to raise Rs 4,250 crore through a fresh issue, besides an offer for sale (OFS) of up to 17.56 […]
Scientific Investing is an approach based on the first principles of investing, which are rooted in the concepts of cash flows, intrinsic value and portfolio construction. At the very least, the basic idea of buying an asset to get a predictable cash flow, buying it below intrinsic value and selling it once it goes above […]
Over three decades, the Nippon India Growth Mid Cap Fund has written one of the most remarkable wealth creation stories of the Indian mutual fund industry: an initial investment of Rs 1 lakh in 1995 turned into almost Rs 4 crore today. Powered by a 22% CAGR and a disciplined bottom-up strategy, the fund embodies […]
The Indian stock market delivers the ultimate festive gift. With Nifty hitting new 52-week highs and Sensex hitting over 1,900 points in just three sessions, investors are heading into the holiday week with a wave of renewed confidence. But with the market reaching overbought territory and a truncated trading calendar looming, the real question is […]
IDFC Bank reported its second quarter results for FY2026, during which the bank witnessed a 75.5% year-on-year increase in its standalone net profit to Rs 352.31 crore, compared to Rs 200.69 crore in Q2FY26. Moreover, the bank’s net interest income (NII) rose 6.8% year-on-year.The NII was reported at Rs 5,112.57 crore for the said quarter, […]
Kolkata: Lower provisioning allowed ICICI Bank to report a 5.2% rise in standalone net profit to Rs 12,359 crore for the second quarter of the fiscal compared to Rs 11,746 crore in the same period last year, exceeding market expectations. The private sector lender set aside Rs 914 crore as provisions and contingencies for the […]
