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World Economic Forum: India's International Confidence Hits High, Says RBI Governor

World Economic Forum: India's International Confidence Hits High, Says RBI Governor

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

IPO Boom: A Sneak Peek into the Next 2 Months of Market Buzz! ₹12,000 Cr Worth of IPOs Opening Soon!

Mon, Dec 11, 2023

IPO market continues to be bright: IPOs are out in the next 2 months, IPOs worth up to ₹ 12,000 Cr will open, more than 1 dozen IPOs till the budget, keep an eye on which upcoming IPOs - know from @Nupurkunia...

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

India 360: India's economic growth rate increased by 7.6% in the second quarter. Zee Business

Sat, Dec 02, 2023

India GDP: भारत की आर्थिक विकास दर दूसरी तिमाही में 7.6% बढ़ी है, ऐसा इसलिए क्योंकि फेस्टिव सीजन के दौरान भारत में जबरदस्त कारोबार हुआ था.

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SEBI fines NSE over unfair broker access

Tue, Apr 30, 2019

India`s market regulator on Tuesday fined the National Stock Exchange (NSE) over $90 million and barred it from raising money on securities markets for six months after finding it had failed to ensure equal access for all brokers to the exchange`s network servers.

Co-location case: Sebi directs NSE to pay over Rs 687 cr, slaps ban on exchange officials, brokers

Tue, Apr 30, 2019

Cracking the whip in the NSE co-location case, regulator Sebi Tuesday directed the exchange to disgorge profits worth over Rs 687 crore, imposed a six-month ban on launching new derivative products, barred some present and past executives from the market and initiated strict action against stock

Co-location case: Sebi directs NSE to pay over Rs 687 cr, slaps ban on exchange officials, brokers

Tue, Apr 30, 2019

Cracking the whip in the NSE co-location case, regulator Sebi Tuesday directed the exchange to disgorge profits worth over Rs 687 crore, imposed a six-month ban on launching new derivative products, barred some present and past executives from the market and initiated strict action against stock

Oil tops $73/bbl then pares gains as Venezuela's Maduro claims support

Tue, Apr 30, 2019

Oil prices rose on Tuesday above $73 a barrel but then eased off the session high as the market grew less worried that a rebellion against Venezuelan President Nicolas Maduro would hit the country`s crude exports.

Facebook gives first look at its promised overhaul

Tue, Apr 30, 2019

Facebook Inc on Tuesday debuted an overhaul of its core social network and introduced new business-focused tools, the first concrete steps in its plan to refashion itself into a private messaging and e-commerce company.

Patanjali's Rs 4,325 cr bid for Ruchi Soya gets lenders nod

Tue, Apr 30, 2019

In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm Ruchi Soya with a bid of Rs 4,325 crore, sources said.

California synagogue shooting casts harsh light on mutual-fund darling Cloudflare

Tue, Apr 30, 2019

The gunmen accused of attacking U.S. synagogues and New Zealand mosques over the past six months brewed their ideas on online hate sites, pulling U.S. cyber-defense firm Cloudflare Inc into a debate on the balance between online speech and security.

Liberty seeks time, CoC appeals for fresh Adhunik bid

Tue, Apr 30, 2019

The Committee of Creditors (CoC) for Adhunik Metaliks Tuesday appealed to re-initiate the CIRP as Sanjeev Gupta-led Liberty House had not paid the required upfront cash payment of Rs 410 crore to lenders by April 14, the deadline set by the NCLAT for the acquisition of bankrupt AML.

NSE co-location case : Sebi bars OPG Securities, 3 directors from markets for 5 years

Tue, Apr 30, 2019

Regulator Sebi Tuesday barred OPG Securities and its three directors for five years from accessing securities market and asked them to disgorge illegal gains of more than Rs 15 crore in the NSE co-location facility case.

Warren Buffett bankrolls Occidental's Anadarko bid with $10 billion

Tue, Apr 30, 2019

Warren Buffett`s Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp`s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp.

U.S. inflation tame; economic outlook strengthening

Tue, Apr 30, 2019

U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens.

Zensar Q4 net profit up 14% at Rs 82.74 crore

Tue, Apr 30, 2019

IT company Zensar Technologies Tuesday reported around 14 per cent increase in consolidated net profit at Rs 82.74 crore in the last quarter ended March 2019. The company had posted a net profit of Rs 72.65 crore in the same period a year ago.

Nirav Modi to make another bail plea in UK court on May 8

Tue, Apr 30, 2019

Fugitive diamond merchant Nirav Modi is making another bail plea at the UK court where he is undergoing extradition proceedings to India in the USD 1-billion Punjab National Bank (PNB) fraud and money laundering case.

Mumbai court grants life term to senior citizen for Rs 1 cr fraud; fines Rs 5 cr

Tue, Apr 30, 2019

A special court here Tuesday sentenced a 67-year-old man to life imprisonment for fraudulently withdrawing Rs 1.04 crore from a bank by forging signatures of a Dubai-based NRI during 1996-99. The court also imposed a cumulative fine of Rs 5.03 crore on Narendra Patel.

Lenders approve Patanjali's Rs 4,325 cr bid for Ruchi Soya

Tue, Apr 30, 2019

In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm Ruchi Soya with a bid of Rs 4,325 crore, sources said.

NRL signs MoU with AEGCL

Tue, Apr 30, 2019

The state-owned Numaligarh Refinery Ltd (NRL) Tuesday signed an agreement with Assam Electricity Grid Corp Ltd (AEGCL) to build a facility for sourcing power from the grid.

Kotak warns of more liquidity squeeze, muddying waters for

Tue, Apr 30, 2019

Banker Uday Kotak Tuesday warned of more liquidity crisis plaguing the financial sector, which is already passing through "turbulent times", for the newt two quarters and stressed on the need to have strong balance sheets to withstand difficult times.

Co-location case: Sebi directs NSE to pay over Rs 625 cr, acts against two former exchange chiefs

Tue, Apr 30, 2019

Regulator Sebi Tuesday directed the National Stock Exchange to disgorge more than Rs 625 crore of profits derived from dissemination of data in the co-location case and barred two former chiefs of the bourse for five years from being associated with market intermediaries.

Operations at Shirdi airport may resume Wednesday morning

Tue, Apr 30, 2019

The operations at the Shirdi airport which was suspended Monday after a SpicJet flight from New Delhi overshot the runway while lending, is expected to resume Wednesday morning, airport director Dhiren Bhosale said.

US Commerce Secretary Wilbur Ross to meet Prabhu on May 6

Tue, Apr 30, 2019

US Commerce Secretary Wilbur Ross will meet Commerce Minister Suresh Prabhu on May 6 here to discuss trade-related issues amid America's decision to withdraw export benefits to Indian exporters, sources said.

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