In her final Budget presentation before the upcoming General elections, Finance Minister Nirmala Sitharaman outlined the government’s vision for a ‘Viksit Bharat’ or Developed India. She focused on the Indian economy’s significant transformation over the past decade, crediting the Modi government’s structural reforms and people-centric programs for this change. A key highlight of her speech … Read more
The Reserve Bank of India (RBI) has taken a significant regulatory step against Paytm Payments Bank, implementing stringent restrictions that will dramatically alter the entity’s operational landscape from March 2024. This action comes in light of persistent compliance failures and breaches of regulatory standards identified during audits. As a result, Paytm Payments Bank will face … Read more
As we edge closer to the unveiling of the Interim Union Budget for the fiscal year 2024-25, market participants are gearing up for potential shifts in the Indian equity landscape. Scheduled for presentation in Parliament on February 1, 2024, at 11 am, this budget is particularly noteworthy as it precedes the general elections set for … Read more
Nova Agritech, a prominent name in the agricultural sector, made a remarkable entrance into the stock market, with its shares experiencing a significant surge upon listing. On the National Stock Exchange (NSE), the company’s shares opened at ₹55 each, marking a notable increase of 34.1% over its initial public offering (IPO) price of ₹41. The … Read more
The IBPS PO Main results for 2024 have been officially released on the institute’s website, ibps.in. Aspirants who appeared for the main examination can now access their results by following a few simple steps. The Institute of Banking Personnel Selection, responsible for conducting these exams, has unveiled the results on January 30, 2024. This marks … Read more
EPACK Durable witnessed a lackluster debut on the stock exchanges as its shares opened at a 4% discount, starting at ₹221 on the National Stock Exchange (NSE). This marked a 3.9% decline from the issue price of ₹230. The Bombay Stock Exchange (BSE) also reported a drop, with EPACK Durable shares listed at ₹225 apiece, … Read more
Azad Engineering, a prominent player in the manufacturing sector, witnessed a robust surge in its shares on Tuesday, marking a significant 20% upper circuit, reaching an historic high of ₹854.30. This surge comes on the heels of the company securing substantial orders from Rolls-Royce. The company’s shares have shown remarkable growth, with a 5.30% increase … Read more
The National Stock Exchange (NSE) witnessed a remarkable surge in investor registrations during the month of December, marking a significant milestone in its growth trajectory. According to the monthly Market Pulse report released by the NSE, there was a notable 47% increase in new investor registrations compared to the previous month. In concrete terms, this … Read more
Budget 2024 is on the horizon, and various sectors in India are eagerly awaiting the announcements and fiscal policies that Union Finance Minister Nirmala Sitharaman is expected to unveil in the interim Budget for fiscal 2024-25 on February 1. As the last major economic document before the next general elections, the budget is highly anticipated … Read more
The Indian stock market exhibited a strong performance on January 29, with substantial buying activity that led to notable gains in major indices such as the Nifty 50 and the Sensex, both of which increased by nearly 2%. This surge was influenced by positive global market trends. Investors are currently navigating through significant market fluctuations … Read more