Business News Today: Read Latest Business news, India Business …
Business news today: Read India Business news Live. Latest Business news and updates on Finance, share market, IPO, economy. Discover Business News Headlines, Top Financial News and more on The Economic Times.
The year of the pause: How RBI maneuvered its policy in 2024
6 days ago · India's benchmark interest rate, held steady at 6.5% since late 2018, remains unchanged as inflation control remains a key focus. Despite a 5.4% GDP growth slump in Q2 2024, the RBI prioritizes disinflation efforts, citing persistent food …
If India’s growth story is so strong, why is Reliance down? Deven ...
Nov 19, 2024 · Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says all the portfolios of the company remain relatively strong.But a couple of reasons could be attributed to the underperformance of the stock. Some of the large FIIs have pared stake in Reliance creating significantly large amounts of pressure in the marketplace. Choksey believes most of the selling part is over and things should stabilise from ...
ET Poll: RBI may hit pause button on interest rates again
Oct 6, 2024 · Mumbai: The Reserve Bank of India is seen keeping interest rates unchanged this week as the central bank's Monetary Policy Committee (MPC) is likely to assess the durability of recent declines in inflation while keeping a wary eye on escalating tensions in West Asia, which pose risks to local price pressures.According to an ET poll of 10 respondents, the RBI is likely to keep the repo rate ...
'A time bomb is ticking': Zerodha's Nithin Kamath sounds alarm …
Nov 22, 2024 · Zerodha CEO Nithin Kamath raises concern about the increasing number of diabetes cases in India. He highlights the alarming statistics and the urgent need for action. Kamath emphasizes the importance of lifestyle changes and public awareness campaigns. He calls for government initiatives to tackle the issue and improve access to affordable healthcare.
Every AMD product goes via India team, local tech ecosystem …
Nov 22, 2024 · Lisa Su, chair, and chief executive officer (CEO) of Advanced Micro Devices ()--credited with reversing the fortunes of the American chipmaker—is now taking the fight to industry leaders like Nvidia.In an interview with ET Su said that the $ 22.7 billion firm whose market cap has soared to $223 billion, is also building two supercomputers in India.
Adani Group under fire, once again: The bribery indictment story …
Nov 22, 2024 · Adani Share Price: US prosecutors have accused Gautam Adani and seven others of bribery. They allegedly paid millions in bribes to Indian officials for contracts. Adani Group denies the charges. The company's stocks and bond prices have dropped. Political parties in India are debating the issue. Adani Group may appeal the charges or try to settle.
Zomato shares zoom 7% amid Sensex entry, replacing JSW Steel
Nov 25, 2024 · Zomato shares zoomed 7% to their day’s high of Rs 282.85 on the BSE as the food delivery company is set to replace JSW Steel in the BSE Sensex as part of the index reconstitution, effective December 23. On Friday BSE's wholly-owned subsidiary Asia Index Private Ltd announced reconstitution of several indices which also included BSE 100, BSE Sensex 50 and BSE Sensex Next 50.
Tech view: Nifty likely to trade within 24,000–24,500 range, forms …
Nov 25, 2024 · In the open interest (OI) data, the highest OI on the call side was observed at 24,300 and 24,200 strike prices, while on the put side, the highest OI was at 24,200 strike price followed by 24,000. What should traders do? Here’s what analysts said: Jatin Gedia, Sharekhan On the daily charts, we can observe that the Nifty is in the process of retracing the fall it has witnessed from 26,277 ...
Who after Adani? Hindenburg Research says something 'big' soon …
Aug 10, 2024 · Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, "Something big soon India." Last year, on January 24, Hindenburg released a report criticizing the Adani Group just before Adani Enterprises' planned share sale. The report resulted in an $86 billion decline in Adani Group's market value and a significant sell-off of ...