A day after Adani group announced the indirect acquisition of 29.18% in NDTV, it also planned an open offer to acquire another 26% in NDTV as per extant SEBI regulations....
On Tuesday, Adani Media Ventures (AMVL) confirmed it had acquired 29.18% stake in NDTV by buying out RRPR holdings. AMVL has also made an open offer to NDTV shareholders for...
Indian banks are now largely relying on certificates of deposits of CDs a funding option. The funds are available at fairly low rates in the money market so the banks...
For the previous week ended on 19th August, 5 out of the 10 most valuable companies on the NSE saw value depletion of Rs30,738 crore. The markets ended 0.3% higher...
WPI inflation for July 2022 came in sharply lower at 13.93%, falling 270 bps from May 2022 high of 16.63%. While inflation in food products, primary articles and manufactured products...
On Monday, the prices of Industrial metals fell on demand concerns after China reported weak economic data. China's economy unexpectedly slowed in July, but the positive side of the story...
On Thursday, Nifty gained 124 points to 17,659 while the Sensex gained 515 points to 59,332 on buying from global institutions. Now indices have bounced 13% from their yearly lows...
RBI released guidelines for digital lending including rules for eligibility and for loans and data collection. Digital lenders are either regulated,authorized or non-regulated by the RBI. The digital lending guidelines...
On World Biofuel Day, there was an effort to reiterate the importance of an integrated energy approach in India by the producers and the consumers. The day creates awareness of...
In the first four months of FY23 viz. between April 2022 and July 2022, SEBI approved 28 IPOs slated to raise funds worth Rs45,000 crore. Till date, FY23 has seen...
In a recent research report, SBI has pegged India’s fiscal deficit for FY23 at 6.5%. This is just about 10 bps higher than the budget estimates. As of the end...
After nearly 4 years of debate and deliberations, Indian government decided to withdraw the Personal Data Protection (PDP) Bill, 2019. It is proposed to be replaced with a more comprehensive...
According to preliminary estimates, India’s July 2022 trade deficit may have crossed $31 billion, 20% higher than the trade deficit in June 2022. Exports fell even as imports were flat...
Equities have rallied for the last 4 days in succession and in this period investors ended richer by Rs12.74 trillion. Sensex crossed the 58,000 mark during the day. On Monday,...
The government did not extend the last date for income tax filing and as of the close of Sunday 10 PM, a total of 5.74 crore returns had already been...