Posted inBusiness
Indian Stock Markets Slide Amid HDFC Bank Sell-Off and Surging Crude Prices
Indian stock markets fell as an HDFC Bank sell-off and rising crude oil prices sparked inflation fears despite strong Reliance earnings.
Posted inBusiness
Sensex Plunges Over 600 Points in Early Trade Amid Escalating West Asia Tensions and Surging Oil Prices
Find out why the Sensex crashed today as escalating West Asia tensions and rising global oil prices trigger a massive investor selloff.
Posted inBusiness
AustralianSuper Expands Indian Infrastructure Footprint with $500 Million Investment
AustralianSuper, the nation's largest pension fund, announced this week a significant 500 million Australian Dollar ($325 million USD) commitment to India's infrastructure sector. The capital injection, confirmed by the fund…
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Indian Rupee Faces Pressure as Market Volatility Strains Exchange Rate
The Indian rupee weakened by 20 paise to reach 95.16 against the U.S. dollar during early trade on July 8, driven by persistent demand for the greenback from importers and…
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Global Markets Stumble as Geopolitical Tensions and Oil Spikes Trigger Sell-Off
Geopolitical tensions and surging oil prices spark a global market sell-off, impacting equities and raising inflation fears.
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IDFC FIRST Bank Gains Authorization to Process Provident Fund Payments
IDFC FIRST Bank has received official authorization from the Employees' Provident Fund Organisation (EPFO) to act as an agency bank for processing provident fund payments across India, effective immediately. This…
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Trent Shares Plummet Following Q1 Revenue Miss
Shares of retail giant Trent Limited tumbled more than 12% on the Indian stock exchanges during Monday's trading session, marking the company's steepest decline in recent quarters. The sharp sell-off…
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Modernizing Economic Measurement: The New Index of Services Production
A New Standard for Economic AccuracyGovernment statistical agencies are currently developing a new Index of Services Production (ISP) that integrates Goods and Services Tax (GST) filings, administrative records, and traditional…
Posted inBusiness
SEBI Shifts Strategy: Open Market Share Buybacks Return August 1
The Securities and Exchange Board of India (SEBI) announced this week that it will officially reintroduce the open market share buyback route for listed companies starting August 1, 2024. This…
Posted inBusiness
Global Capital Inflows Propel Stock Markets as Domestic Leaders Face Correction
Foreign capital fuels global stock market gains while domestic leaders correct, revealing a complex interplay of international investment and local market...
