RBI unlikely to cut interest rates despite declining inflation: Indranil Pan

With inflation remaining well within the Reserve Bank of India’s (RBI) target, market experts are debating whether interest rate cuts are in the offing. However, experts suggest that the central bank may prefer to tread carefully and balance growth momentum with evolving price trends. Speaking to ET Now, Indranil Pan, Chief Economist, Yes Bank, shared […]

Anil Ambani’s Reliance shares plunge up to 10%. Here’s what’s behind the steep sell-off

Shares of Anil Ambani-led Reliance companies plunged to 10.5% in morning deals on Monday, October 13, after the Times of India reported that the Enforcement Directorate had arrested senior Reliance Power director Ashok Kumar Pal in the alleged fake bank guarantee and fake invoicing case on Saturday. Shares of Reliance Power crashed over 10% to […]

Ahead of Market: 10 things that will decide D-Street’s action on Monday

The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]