Stock Market News Updates

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...

Reddy Laboratories posted 108% higher net profits for Q1FY23 at Rs1,188 crore. This surge in profits came on the back of strong growth in its India business. For the June...

India's 5G spectrum auctions have been extended by one more day after the government had garnered a total of Rs1.49 trillion worth of bids in the first two days. The...

Larsen & Toubro reported 45% higher net profits for the June 2022 quarter at Rs1,702 crore. This was on the back of strong execution in the infrastructure segment as well...

Steel companies continued to see pressure on their operating profits. On Monday, Tata Steel posted 21% lower net profits at Rs7,714 crore for the June 2022 quarter. In Q1FY22, Tata...

Q1 results for Infosys beat revenue estimates but lagged on the margin front due to higher talent costs.Net profit for Q1FY23 at Rs5,360 crore was up 3.2% yoy but down...

Government rightly rules out postponement of tax filing dates Contrary to expectations, the deadline for filing of the income tax returns will not be extended beyond 31st July. This can...

ECB raised rates by 50 bps for the first time in 11 years and higher than the street expectation of 25 bps.The Euro Zone has been reeling under high inflation...