Jefferies reports that consistent mutual fund investments are crucial in sustaining India's stock markets, offsetting significant outflows and preventing a potential collapse. These inflows, particularly through SIPs, absorb substantial equity supply, estimated at $6-10 billion monthly. Despite high valuations and anticipated equity supply of $50-70 billion, India remains a strong long-term growth story.
Oil India in November last year had secured itself a graphite block in Arunachal Pradesh and a potash block in Rajasthan in May this year.
A study by FICCI and Thought Arbitrage Research Institute says that more than 75 percent of rural spending will now fall into these two lowest tax brackets.
Gold reserves increase $2.12 billion to $92.419 billion during the week, RBI says
India's foreign exchange reserves witnessed a substantial increase of $4.698 billion, reaching $702.966 billion for the week ending September 12, according to the Reserve Bank of India's data. This marks the second consecutive week of s ...more
Moot reshaping the value chain from cultivation to consumption in a resilient, inclusive and responsive way to meet the demands of the future
Royal Enfield's 350cc portfolio, including the Bullet 350, Classic 350, Hunter 350 and the new Meteor 350, will be available for purchase on Flipkart starting September 22, 2025.
Mumbai Metro-3 will cover Kalbadevi-BKC distance in 28-30 minutes. Road travel by taxi or cab or car takes around 25-35 minutes, which goes to 45-60 minutes during peak hours
Rating and Investment Information, Inc. (R&I) has upgraded India's long-term sovereign credit rating to 'BBB+' with a Stable Outlook, marking the third upgrade in 2025. This decision reflects confidence in India's domestic demand-driven ...more
MCLR, or the Marginal Cost of Funds-based Lending Rate, is the benchmark rate banks use to decide interest rates on floating-rate loans taken before October 2019. A cut in MCLR can directly reduce monthly EMIs or help borrowers close their loans faster.
The Sensex fell 387.73 points or 0.47% to close at 82,626.23, while the Nifty 50 declined 96.55 points or 0.38% to settle at 25,327.05
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