The Initial Public Offering (IPO) of SRM Contractors has captivated the attention of the investment community, signaling a promising start on its first day of subscription. The engineering firm, known for its expertise in civil construction projects across the Union Territories of Jammu & Kashmir and Ladakh, has seen its IPO fully subscribed within just … Read more
Argentina is currently embroiled in a significant economic debate, primarily centered around the government’s recent measures to tackle the country’s spiraling inflation by easing the importation process for essential food items. This move, aimed at alleviating the skyrocketing cost of living for Argentinians, has met with considerable resistance from local manufacturers and industry groups. The … Read more
On March 13, 2024, the Indian stock market witnessed a significant downturn, with major indices such as the Nifty 50 and the Sensex dropping by over 1% each. The Nifty 50 closed the trading session down by 338 points, or 1.51%, at 21,997.70, whereas the Sensex experienced a decline of 906 points, or 1.23%, closing … Read more
The resurgence of Bitcoin’s value, soaring past the $50,000 mark, has captivated the financial world, marking a significant turnaround from its previous lows. This surge comes after a tumultuous period where Bitcoin witnessed a precipitous drop from its November 2021 peak of $68,789 to a substantial low of $15,760 in December 2022. The recovery to … 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
Welcome to the ICICI Bank Stock Liveblog – your go-to source for real-time insights and detailed analyses on one of the key stocks in the market. Here, we focus on providing you with the most recent and relevant information on ICICI Bank. This includes updates on its last traded price, which currently stands at 1016.4, … Read more
Yes Bank is poised to announce its Q3 FY24 results, and analysts are optimistic about a positive outcome. The anticipation is based on the expectation of a decent growth in net profit and Net Interest Income (NII). In the previous quarter, Q2 FY24, Yes Bank exhibited a 47% growth in net profit, reaching Rs 225 … Read more
The technology sector has experienced significant job cuts in January, with over 20,000 employees being laid off from 85 different tech companies. This figure is the highest since March of the previous year, which saw nearly 38,000 tech workers lose their jobs, according to data from Layoffs.fyi. Major companies like SAP and Microsoft have announced … Read more
In a significant development for India’s aviation sector, Tata Group and Airbus, the European aerospace giant, have joined forces to manufacture helicopters for civilian use within the country. This collaboration represents a major triumph for Prime Minister Narendra Modi’s Make in India initiative. Under this partnership, Airbus and Tata Advanced Systems Limited (TASL), a Tata … Read more
The Union Finance Minister, Nirmala Sitharaman, is scheduled to present the Interim Budget for the upcoming fiscal year on February 1 at 11 AM in Parliament. This presentation is crucial as it will detail the government’s economic strategies, allocation of funds, and plans to bolster the Indian economy. The budget will play a pivotal role … Read more