Urban consumption remained subdued in 2QFY26, ahead of the festive...
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Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
Tesla CEO Elon Musk made a string of promises on stage - from, in...
Gold ETFs attract record net inflows in India, add $850 million in Oct
Overall, global gold ETF inflows reached $8.2 billion in October,...
Shriram General in pact to enable Muthoot Securities customers to purchase covers
Shriram General Insurance Company (SGIC) has entered into a partnership with The Muthoot Group as part of which it will enable Muthoot Securities' customers to purchase general insurance covers. An agreement was signed between Ragesh GR, CEO, Muthoot Securities, and...
Sebi mulls expanding scope of unpublished price-sensitive information
In its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the...
Indian stock market remains on consolidation path, DIIs absorb heavy selling
DIIs have been a strong buyer absorbing the selling and mitigating the fall. They infused more than Rs 1 lakh crore in Indian equities in October, keeping the stock market healthy compared to its global peers. After the massive FII selling of Rs 113,858 crore in...
Niva Bupa eyes Rs 2,200-crore via IPO; Sets price band at Rs 70-74/share
Krishnan Ramachandran, managing director (MD) and chief executive officer (CEO), Niva Bupa Health Insurance The IPO is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 1,400 crore by promoters. The company reduced...
Muhurat trading signifies positive investor sentiment for Indian markets
Despite the recent fall in the markets, the optimism during the muhurat trading on Friday signified positive investor sentiment New Delhi: The Indian benchmark indices exhibited initial signs of a positive reversal this week, coinciding with the festive season....
Samvat 2081 offers investors remarkable chance to reshape their financial journey
In Samvat year 2080, investors' wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year. This made Samvat 2080 the biggest wealth-creating year on record, banking upon a stable government,...
DIIs hold stock market steady as FIIs sell Rs 113,858 crore worth equity in Oct
Despite the massive FII selling in financials, this sector is resilient since the valuations are fair and every selling is being absorbed by domestic institutional investors (DIIs) and individual investors, particularly high-net-worth individuals (HNIs) Mumbai: The...
Domestic institutional investors pour record over Rs1 lakh cr in equities in Oct
DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24) So far, the DII investments have been around Rs 4.41 lakh crore, with two more months to go, driven by...
India’s gold demand to hit 4-year low amid price rally: World Gold Council
Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons, Sachin Jain, CEO of WGC's Indian operations, told Reuters. New Delhi: India's gold...
Census likely from early 2025, data will be declared by 2026
The 31 questions to be asked to each family under the census exercise include the total number of persons normally residing in the household, whether the head of the household is a woman, the number of dwelling rooms exclusively in possession of the household, the...