Mumbai: While the Reserve Bank of India (RBI) is trying to reduce the amount of unprotected loans like personal loan and credit card, on the other hand the number of credit cards issued by banks in the country is increasing. . In December 2024, the number of credit cards issued …
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Pressure on Indian companies raising funds through ECB
Mumbai: Due to the strengthening of the dollar against the rupee, there is a fear that the financial burden on Indian companies raising funds in the form of dollars from abroad will increase. However, it is estimated that 70 percent of companies raising funds through the ECB are hedging their …
Read More »Illegal gold mining increases amid high prices
Mumbai: Mumbai’s jewelery market was officially closed today as it was Saturday. However, at the close precious metals prices were witnessing a slow decline from highs. Rapid selling of funds was visible in world market news. In the world market, the price of gold fell from 2778 to 2779 per …
Read More »Sensex will fluctuate between 75000 to 77000 in the new week
Mumbai: As soon as Donald Trump assumed power in America, he had announced to consider 25 percent tariff on Mexico, Canada and then 10 percent tariff on China, but due to these aggressive steps, the matter got stuck in legal trouble. The law of depriving birthright citizenship and the issue …
Read More »Reliance Jio Coin becomes free, know how you will get a chance to earn big money! what is its future
India’s richest industrialist Mukesh Ambani has partnered with Polygon Labs to promote blockchain and Web3 technology through his company Reliance Jio. This partnership aims to further strengthen Jio’s digital services , What is Jio Coin? Jio Coin is a blockchain-based reward token that can be earned through various Jio services …
Read More »RDB Infrastructure and Power: A Small-Cap Multibagger Stock
sneha maurya 2 hours ago Business There are many small-cap companies in the stock market that have given multibagger returns to the investors, one of them is RDB Infrastructure & Power Limited, formerly known as RDB Realty & Infrastructure Limited. Recently, …
Read More »December quarter results and share position
Private sector IDFC First Bank has released its December quarter results, in which the bank’s profit has declined by 53 percent to Rs 339 crore. The bank said that this decrease is due to increase in loan provisions. The bank’s profit in the same quarter last year was Rs 716 …
Read More »18% increase in profit and new solar project
sneha maurya 1 hour ago Business NTPC Green Energy Limited (NGEL) has released financial results for the December quarter. The company’s profit increased by 18 percent to Rs 65.61 crore in the December quarter of the current financial year, while the …
Read More »Net profit triples to Rs 612 crore, NPA improves
sneha maurya 1 hour ago Business Yes Bank registered a three-fold increase in net profit in the October-December quarter of the current financial year, which stood at Rs 612 crore. The net profit of the bank in the same quarter of …
Read More »Plan to raise Rs 5000 crore, major customers Reliance
This year, the IPO market will continue to stir, and it has a prominent name Doorf-Callee Chemicals India. The company has filed initial documents with SEBI to raise Rs 5000 crore. Characteristics of IPO The IPO of Doorf-Catal Chemicals India includes new equity shares of Rs 1500 crore. Along with …
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