Latest Updates Around The World
MUMBAI: Economists expect the Reserve Bank of India to keep its key policy rate unchanged at 5.25% in February as inflation starts rising from record lows and growth remains resilient, several economists said. They said the central bank is likely to retain policy space amid uncertainty over trade talks and upcoming changes in the inflation […]
State Bank of India (SBI) plans to double the number of users of its YONO Digital to 20 crores as it aims to move more and more transactions at one-tenth of banking charges, chairman CS Setty said.India’s largest bank also plans to deploy 10,000 people on the ground to help people transition to the digital […]
The combined market valuation of eight of the top 10 most valued domestic companies fell by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hits, amid a largely bearish trend in equities.Last week, the BSE benchmark index fell 444.71 points or 0.51 percent. Out of the top 10, Reliance […]
The combined market valuation of five of the top 10 most valued companies rose by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers.While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, State Bank of India, Larsen & Toubro […]
Markets regulator Sebi has given in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements in the next six months, an official statement said on Friday.As part of the process to secure final registration, RIIT will have […]
Indian shares closed higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks, usually sensitive to interest rate moves, led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, to end at 85,712.37. The […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines to a fourth straight session as investors held on to gains near record highs. Sentiment on Dalal Street remained fragile ahead of the Reserve Bank of India’s policy decision on Friday, as continued foreign outflows kept pressure on the rupee, pushing […]
State Bank of India, the country’s largest lender, is on track for one of the strongest years in recent history. The stock is up 25% so far in 2025, easily outpacing all private sector peers within the Nifty. The performance marks a clear shift in momentum for the bank: after a moderate 5% increase in […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 96,200.95 crore last week, with Reliance Industries and Bajaj Finance stealing the show, coupled with a bullish trend in equities.Last week, the benchmark BSE rose 474.75 points or 0.55 percent. On Thursday, the Sensex hit an all-time high of […]
Indian shares ended flat on Friday with a negative bias, with the Sensex and Nifty swinging between red and green as investors locked in gains near record levels and weighed expectations of possible rate cuts in both the US and India alongside incoming domestic growth signals.The S&P BSE Sensex fell 13.7 points, or 0.02%, to […]
