Indian Overseas Bank launches QIP to raise up to ₹2,000 crore; check floor price and other details
At the end of the December quarter, the government owned a 96.38% stake in Indian Overseas Bank.
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Sensex Today | Stock Market LIVE Updates: US Fed leaves rates unchanged, Vedanta, Adani Enterprises, Wipro to be in focus today
Sensex Today | Stock Market LIVE Updates: The equity benchmarks extended gains for the third consecutive session on Wednesday (March 19), with the Nifty closing 73 points higher at 22,908 and the Sensex rising 148 points to 75,449. The broader…
Asian equities advance as Fed calms tariff nerves
Oil prices rose Wednesday after a US government report allayed concerns about near-term demand destruction. Gold touched a new high as the Fed projected slower growth and higher inflation.
IREDA to raise ₹1,247 crore via ‘perpetual bonds’; Co to get more tax refunds
Shares of IREDA have risen 8.4% over the last five trading sessions, after the company announced that it will increase its borrowing limit by ₹5,000 crore for the current financial year earlier this week.
US Markets Rally: Dow Jones surges 400 points in best Fed day since July, yields sink
The jump in stocks was the best in any Fed policy day since July last year. The yield on 10-year Treasuries declined four basis points to 4.24%. The dollar pared its advance to 0.2%. Yields on the two-year fell below…
US Fed leaves rates unchanged, signals further cuts ahead
The US Federal Reserve maintained its benchmark interest rates but signaled potential rate cuts later in the year. The Fed revised its economic growth forecast down to 1.7% and inflation up to 2.8%.
US stocks rise as Fed holds interest rates steady, Nvidia, Tesla lead gains
US stock indexes edged higher after the Federal Reserve kept interest rates unchanged, with officials signaling potential rate cuts later in the year. The S&P 500 gained 0.5%, while Nvidia and Tesla led tech stock gains. Meanwhile, General Mills fell…
SEBI cuts minimum investment in social stock exchange instruments to ₹1,000
According to the latest directive, the September 2022 circular will now specify that the minimum investment size for ZCZP instruments will be ₹1,000.
Nawaz Modi Singhania resigns as director of Raymond, effective immediately
Shares of Raymond Ltd ended at ₹1,413.00, down by ₹12.10, or 0.85%, on the BSE.
Hyundai cars to get costlier with prices rising by up to 3% from April
Hyundai Motor India will raise vehicle prices by up to 3% from April 2025, citing rising input costs. This follows similar hikes by Maruti Suzuki and Tata Motors amid industry-wide cost pressures.