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US markets rise, tech stocks soars, and GIFT Nifty witnesses growth
The Nasdaq Composite was up 0.77 percent at 16,403.44 at 9:00 pm IST, while the S&P 500 was up 0.60…
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US trade faces imbalance due to robust imports in February
The Bureau of Economic Analysis of the Commerce Department said on Thursday that the trade deficit rose 1.9% to $68.9…
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Levi Strauss stocks climbs by 20%, recording a two-year high profit margin
Up from 42% in the previous quarter, the DTC channel brought in almost half of the total income in the…
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ADR for HDFC Bank increases by 7% as Q4 results improves scope amidst low FII shareholding
After the biggest private lender in India provided positive business updates for the fourth quarter (Q4FY24) earlier today, HDFC Bank's…
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Gold prices rose, while silver has surpassed a two-year high at fourth successive session
The increase in value of gold can be ascribed to several factors, such as the intensifying tensions in the Middle…
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DoT delays spectrum auction by two weeks due to approaching Lok Sabha elections
According to the department's revised Notice Inviting Application, the auction will now happen on June 6, two days after the…
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Vodafone Idea mulls over raising funds by preferential issue on April 6
The board gave its permission in February for Vodafone Idea's plan to raise between Rs 15 and Rs 20,000 crore…
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Union Bank of India fetches $500 million from international markets for expansion in abroad
The Union Bank of India said in a regulatory filing that the fund was arranged by the Dubai International Financial…
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Will significant volumes of exchange traded be eliminated as per RBI’s new rules?
Users should make sure that there is a legitimate underlying contracted exposure that hasn't been hedged using another derivative contract,…
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World Bank updates its forecast for India’s growth in FY25 to 6.6%; fixes FY24 GDP at 7.5%
The Indian Statistics Department estimated the current year's growth rate at 7.6 percent in its second advance estimate of GDP…
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Tesla stocks sinks more than 5% due to steep dip in Q1 sales
According to Austin-based Tesla, it shipped 386,810 cars globally between January and March of this year, which is about 9%…
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Oil producers are unlikely to alter their output strategy as crude prices climbs
Brent crude increased to $89 per barrel on Tuesday from $77 at the end of 2023.
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JSW Energy to fetch ₹5,000 crore through QIP; see details here
High net worth investors will be offered shares in one or more tranches as the company attempts to achieve this…
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F&O news: NSE to reduce the lot size for trading Nifty 50 derivatives contracts
The NSE announced on Tuesday, April 2, that the lot size for Nifty 50 contracts has been reduced from 50…
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Oil rises 1% to a five-month high due to forecasts of increased demand
By 12:12 PM EDT (1612 GMT), U.S. West Texas Intermediate (WTI) crude climbed $1.04, or 1.3%, to $84.21, while Brent…
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India narrowly misses 1 bn tonne target with its record coal output
A 10% rise over the previous year was recorded by Coal India Ltd (CIL) in its production of 773.6 million…
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Nearly 56 companies set to fetch in ₹70,000 cr via IPO in FY25
Among the most anticipated initial public offerings (IPOs) in FY25 are Bharti Hexacom, Go Digit Insurance, Swiggy, Ola Electric, Waaree…
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SEBI introduces SCORES 2.0, an upgraded version of the complaint redressal system
SEBI announced improvements to make the new SCORES system easier to use. A number of features are included in SCORES…
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GST revenue collection reaches ₹1.78 trillion, the second-highest sum since 2017
The amount of GST revenue collected in March increased by 11.5% as compared to the same month the previous year.
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Equity risk premium hits rock bottom since 2008 amidst soaring US stocks
The implied equity risk premium (ERP) for the S&P 500 has decreased to 4.23 percent, the lowest level since 2008,…