Business

RBI keeps repo rates on hold: The monetary policy of the Reserve Bank of India has decided to maintain the repo rate at 6.5 percent at the end of its three-day meeting. 4 members of the committee have supported keeping the repo rate unchanged, even though the RBI has taken …

Stock Market Today: The stock market is trading with attractive gains for the third consecutive day. At 10.20 am, the Sensex rose 624.2 points to a high of 75698.71. The Nifty has crossed the important psychological level of 23004.85. RBI decided to keep the repo rate intact and raised the …

Mumbai: India needs an investment of $385 billion to achieve its target of 500 GW of renewable energy, although coal will remain the main source of power generation for the next decade, according to a Moody's Ratings report. It aims to accelerate the addition of 50 GW per year in …

Mumbai: In view of the formation of a coalition government at the Centre, the possibility has increased that the Reserve Bank of India will keep the repo rate unchanged for the eighth consecutive time at the end of its three-day meeting tomorrow. In a situation of mixed government, rulers are …

An order worth $500 million has been received from a telecom service provider in the US. The company will provide services to the contractor for 5 years. Dixon Tech , Will do the same with HKC Corporation Limited. Will do joint venture for manufacturing company of LCM. LCM stands for …

Mumbai: Non-banking financial companies (NBFCs) raised Rs 2.08 lakh crore from mutual funds in April, 30 per cent higher than April 2023, according to a report by a research firm. RBI's stringent norms have forced NBFCs to raise funds from sources other than banks. In April 2023, fund houses provided …

Mumbai: Gold and silver prices rose in Mumbai's jewellery market today. News from the world market was bullish. Due to rising inflation in the world market, the prices fell due to rising domestic import costs and today the country's jewellery markets witnessed a rise. The price of gold in the …

Novelis, the US subsidiary of Hindalco Industries, has postponed its plan to raise $945 million through an initial public offering (IPO). This decision has been taken due to the adverse impact of the market. If this IPO goes public, it will be the largest IPO of an Indian company in …

The Directorate General of GST Intelligence (DGGI) has tightened the scope of investigation against pharma companies found to be evading taxes. Apart from the notices already issued, the DGGI may ask many more companies to explain what would be considered as underpayment of tax by them in the current year. …

12 mins ago Business New Delhi: Suzlon Energy, a company involved in the wind energy business, is a story of tremendous change. Suzlon Energy, which was once in debt of more than Rs 17,000 crore, is now debt free. Also, the company has …