Foreign portfolio investors (FPIs) have injected a significant Rs 27,856 crore into Indian equities during the first two weeks of September 2024, driven by growing […]
Category: Short News
Crude Oil Prices Fall Sharply Below $70/Barrel for the First Time Since December 2021
Crude oil prices witnessed a sharp decline on Tuesday, with Brent crude falling over 3%, dropping below the $70 per barrel mark. Intraday trading saw […]
SEBI Study: 54% of IPO Shares Sold Within a Week, 67.6% Exited on High Gains, Majority of Retail Investors from Gujarat
The Securities and Exchange Board of India (SEBI) has recently highlighted a common trend among investors in the initial public offering (IPO) market, where many […]
Adani to Supply 6600 MW Solar & Thermal Power to Maharashtra
The Adani Group has secured a significant contract to supply 6,600 MW of hybrid solar and thermal power to the state of Maharashtra. This contract […]
India Extends Anti-Subsidy Duty on Chinese Pesticide Chemical ‘Atrazine Technical’ for Five More Years to Protect Domestic Industry
India has extended the anti-subsidy duty on imports of a Chinese chemical, Atrazine Technical, used in pesticides for another five years. This move is aimed […]
SIAM August Data: Strong Growth in Two-Wheeler Sales, Car Sales See a Decline
In August 2024, Indian carmakers increased production while dispatches and sales declined, reflecting weakening demand in the world’s third-largest automotive market. Passenger vehicle production grew […]
Government Introduces Major Changes to Companies Law: Foreign Companies Now Require RBI Approval for Mergers
The Indian government has made significant amendments to the Companies Law, particularly concerning mergers involving foreign companies and their fully-owned subsidiaries in India. According to […]
Cabinet Decision: Universal Coverage for Seniors, ₹70K Cr for PMGSY, New EV Scheme
In a major move aimed at infrastructure development and welfare schemes, the Union Cabinet announced several key decisions today. Union Minister Ashwini Vaishnaw briefed the […]
China Urges Automakers to Retain EV Technology, Restricts Investment in India
China has advised its automakers to ensure that advanced Electric Vehicle (EV) technology remains within the country, according to a report by Bloomberg. In a […]
Beware of Fake Stock Brokers! NSE Issues Warning to Investors
The National Stock Exchange (NSE) has issued a warning to investors regarding fraudulent activities linked to Lazard Asset Management India. Reports have surfaced that investors […]
RBI Governor Warns Banks with Large CRE Exposure May Be Targeted by Short Sellers
RBI Governor Shaktikanta Das expressed concerns about banks with significant commercial real estate (CRE) exposure, stating that they could become targets for short sellers. Speaking […]
U.S. Household Net Worth Hits Record High in Q2 2024: Fed Report
The U.S. Federal Reserve has reported that household net worth surged to a record $163.8 trillion in the second quarter of 2024. This increase reflects […]