Aim to reap the market benefits with PSU Equity Funds
With India setting ambitious ₹171.79 lakh crore GDP goals by 2030, sustaining robust macro growth momentum becomes vital. While high headline numbers seem reassuring, most retail investors need help to participate directly in the India opportunity story. Analysing the right tactical avenues allowing channelling portfolio allocations to benefit from rising...
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IMF reaches staff-level agreement with Pakistan on releasing last tranche of USD 3 billion bailout
20 March 2024 | PTI -
India has world's third largest startup ecosystem; right decisions were taken at right time: PM Modi
20 March 2024 | PTI -
Government mulls changes in SARFAESI, DRT laws
20 March 2024 | PTI -
Pharma major launches cancer treatment drug Versavo in UK
20 March 2024 | PTI -
Tata Motors opens fifth vehicle scrapping facility
20 March 2024 | PTI -
Audi to drive in over twenty new models by 2025: CEO
20 March 2024 | PTI -
Food price pressures threat to four per cent inflation target: RBI
20 March 2024 | PTI
LIC shares fall nearly three per cent
Shares of insurance major Life Insurance Corporation of India (LIC) fell by nearly 3 per cent on Tuesday, extending their downtrend for the third day. The stock declined 2.77 per cent to settle at Rs 879.50 apiece on the BSE. During the day, it lost 3.15 per cent to Rs 876.05. On...
TCS shares slip three per cent after Tata Sons divests stake
Shares of Tata Consultancy Services (TCS) plunged more than 3 per cent in the morning trade on Tuesday as its promoter Tata Sons sold around 2.3 crore shares, or 0.65 per cent of equity stake, in the IT services major through block deals. TCS shares tumbled 3.30 per cent to a...
Bank of India cuts home loan rates to 8.3 per cent
Public sector lender Bank of India on Tuesday announced a reduction in new home loan rates to 8.3 per cent from 8.45 per cent and fully waived off processing fees as a limited period offer till the end of this month. The bank claimed that at 8.3 per cent, it has...
India can sustain eight per cent growth: RBI
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country’s growth trajectory, said an article on the ‘State of Economy’ in the central bank’s March Bulletin published on Tuesday. Over the period 2021-24, gross domestic...
The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
Japan's central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The Bank of Japan's lending rate for overnight borrowing by banks was raised to a range of 0 to 0.1% from minus 0.1%...
Sensex, Nifty tank in early trade amid weak Asian markets, foreign fund outflows
Benchmark equity indices Sensex and Nifty declined in early trade on Tuesday in-tandem with weak Asian markets and fresh foreign fund outflows. Also, investors turned cautious ahead of the US Fed interest rate decision this week. The 30-share BSE Sensex tanked 420.56 points to 72,327.86 after opening on a weak note. The...
Servotech to set up 20 EV charging stations in Nashik
Servotech Power Systems on Monday said it has secured an order to set up 20 electric vehicles (EV) charging stations across Nashik Municipal Corporation area. The objective of this contract is to meet the increasing need for convenient and accessible charging facilities for electric vehicles, thus facilitating the state’s shift towards...
