The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest
Market participants see a marginal depreciation in rupee as the likely intervention from the Reserve Bank of India (RBI) will keep the sharp volatility in the forex market at bay. According to the median forecast of the FE poll, the rupee is expected to be trading at 84.50 per dollar by December end. On Tuesday
Vinod Tawde in Maharashtra Election 2024: On the eve of Maharashtra’s elections, political tensions flared in Virar when Bahujan Vikas Aghadi (BVA) workers confronted Senior Bharatiya Janata Party (BJP) leader and national general secretary Vinod Tawde on Tuesday over accusations of attempting to bribe voters. The incident occurred at a hotel in Virar, where BVA
Just a day ahead of Maharashtra elections, two incidents have sparked massive political controversy. First, BJP general secretary Vinod Tawde has found himself embroiled in a major scandal involving alleged cash distribution to voters and second, former home minister Anil Deshmukh got seriously injured in a stone-pelting attack while campaigning, an incident his party, the
Jharkhand Exit Polls 2024: Exit poll predictions for the Jharkhand Assembly elections will be unveiled on Wednesday, November 20, following the conclusion of the second and final phase of voting. The results are expected after 6 pm, providing early indicators of which alliance might claim victory in the high-stakes contest. The second phase will cover
Meta on Tuesday said that it disagrees with the Rs 213 crore fine levied on it by the Competition Commission of India for abuse of its dominant position, and will appeal against the order. The penalty pertains to the controversial implementation of WhatsApp’s 2021 privacy policy, which mandated data sharing between WhatsApp and other Meta
Suzlon Energy’s revenue rose 48% on a yearly basis to Rs 2,103 crore in Q2FY25 and its net profit almost doubled to Rs 200 crore. The company had an order book of 5.1 GW—its biggest ever. JP Chalasani, chief executive officer, Suzlon Group, talks to Raghavendra Kamath about the company’s plans and the issues in
The Adani Group will acquire a 30% stake in Gujarat-based construction company PSP Projects from its promoters for Rs 685 crore. Adani Infra, part of the Gautam Adani-led conglomerate, will purchase the stake from Prahladbhai S Patel, who heads PSP Projects and is its shareholder. Also ReadUK-India Free Trade Agreement to relaunch in early 2025:
US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow
The Indian equity markets have been on a downtrend since they entered 2025. The brokerage house Kotak Institutional Equities has given a ‘Sell’ call on three stocks at this hour. Kotak Institutional Equities on IndusInd Bank: Cuts target price by 40% India’s fifth biggest lender is in deep soup. The negative news is blowing apart
With Bharti Airtel and Reliance Jio forming strategic partnerships with Starlink, the Telecom Regulatory Authority of India (Trai) is now expected to expedite its recommendations on satellite spectrum pricing. Sources said that the regulator will likely recommend that satellite companies initially focus on providing services in mobile dark areas — regions where terrestrial networks are
PSU (Public Sector Undertaking) stocks are shares of government-owned companies operating in key sectors like banking, oil & gas, power, infrastructure, and defense, contributing significantly to economic development. A high dividend yield indicates a stock offering substantial dividend payouts relative to its price. PSU stocks are known for their stability, strong government backing, and attractive
JSW Energy on Thursday said that it has signed a power purchase agreement with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW super/ultra super critical thermal power plant. Additionally, for Utkal thermal power plant (700 MW), the company has received commercial operation date (CoD) certificate for Unit 2. ALSO READPower ministry
