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Business and economy news: markets, companies, jobs, prices and personal finance, explained with verified figures and sources.
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Why sovereign gold bonds are gaining popularity despite no new issues
All SGB series are listed in the secondary market and are available for trading in the cash segments of both…
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Gold hits a five-day high due to a weaker US dollar following Wall Street’s increase in Fed rate bets.
Gold Prices Today: The yellow metal soared to an all-time high on Friday, August 16, as the US dollar weakened after…
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Stock market today: Trade setup for Nifty 50 to US recession fear; five stocks to buy or sell on Friday — August 16
Stock market today: Despite strong global market sentiments on the US Fed rate cut buzz, the Indian stock market remained flat on Wednesday. The Nifty 50 index…
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SBI increases lending rates by 10 bps across tenures effective August 15
Tenor Existing MCLR Revised MCLR Overnight 8.10% 8.20% One Month 8.35% 8.45% Three Month 8.40% 8.50% Six Month 8.75% 8.85%…
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HDFC Bank stock slips 3% as MSCI’s lower-than-expected weight change disappoints investors
MSCI’s decision to increase the bank’s weightage in two stages instead of one also didn’t go well with the investors…
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US markets reverse sharply from the highs to end with losses post weak $42 billion treasury sale
The 10-year treasury yield continued its climb and rose about six basis points to 3.95%. This marked a return to…
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Adani group issues clarification on succession plan; says ‘misquoted concerning heirs & equal beneficial interest in family trust’
Synopsis Adani Enterprises clarified on Tuesday that Gautam Adani was misquoted in a report about the succession plan for his…
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Indian stock market: 6 key things that changed for market overnight – Gift Nifty, Nasdaq’s crash to recovery in Nikkei
Indian stock market: Gift Nifty was trading around 24,290 level, a premium of nearly 200 points from the Nifty futures’…
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Gift Nifty tanks 378 points, signals gap-down opening: Nifty, Nifty Bank levels to watch
Indian headline indices are headed for another gap-down opening on Monday amid a slew of negative global and domestic cues,…
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A giant industrial leap in NE: Ground breaking ceremony of Tata’s chip assembly plant in Assam
According to Assam chief minister Himanta Biswa Sarma who performed the Bhumi Pujan along with Tata Sons chairman N. Chandrasekaran,…
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Amazon loses $134 billion in market value as its share price slumped 8.8%, Jeff Bezos loses $15.2 billion of net worth
Amazon loses $134 billion in market value as share price slumped 8.8%. Billionaire founder Jeff Bezos, saw $15.2 billion of…
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NCLAT Chennai accepts Byju’s settlement with BCCI, halts insolvency process
The NCLAT has accepted a settlement between BCCI and Byju’s which involves the repayment of ₹158 crores to the BCCI…