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The finalization of the share purchase agreement for IDBI Bank's privatization is expected in March, according to a CNBC-TV18 report on March 10. Government’s Privatization Strategy Government officials stated that the Centre aims to complete
India is working to expedite a crucial bilateral trade agreement with the United States. Amid increasing concerns over the broad tariffs imposed by US President Donald Trump, recent reports indicate that officials from both nations are eager to final
The Reserve Bank of India (RBI) is likely to persist in its efforts to support the rupee, despite speculation that Governor Sanjay Malhotra might adopt a different stance, according to a report by Mint. A senior government official informed Mint t
Paradeep Parivahan Limited, established on November 17, 2000, is a significant entity in the logistics and transportation sector. The company is set to launch its Initial Public Offering (IPO) on the BSE SME platform, with the subscription period
The ICICI Prudential Nifty EV & New Age Automotive ETF Fund of Funds (FOF) is an open-ended scheme designed to invest in units of the ICICI Prudential Nifty EV & New Age Automotive ETF. Its primary objective is to generate returns by investin
After a five-month decline, the Indian stock market has lost its long-held valuation advantage over the U.S. For the first time since 2009, the BSE Sensex is trading at a lower price-to-earnings (P/E) ratio than the Dow Jones Industrial Average, as p
In a significant update for traders, the Multi Commodity Exchange (MCX) has modified its trading hours in response to changes in US daylight saving time. MCX, a leading commodity derivatives exchange, enables online trading of various commodity deriv
Gold rates in India have seen a slight increase today, March 10, 2025. Over the past week, the prices of gold have fluctuated within a narrow range. According to the latest market updates, the cost of 22K gold is now ₹8,050 per gram, while 24K gold
Sun Pharmaceutical Industries share, India's largest drug maker by revenue, has announced its decision to acquire Nasdaq-listed Checkpoint Therapeutics in a $355 million deal. The acquisition, confirmed on March 10, 2025, will help Sun Pharma enhance
Asian markets mostly traded lower on Friday, with Tokyo’s benchmark index dropping over 2 following a downturn on Wall Street, as global economic uncertainties and trade policy concerns weighed on investor sentiment. Meanwhile, US futures and o
Foreign Portfolio Investors (FPIs) persisted with their selling streak for the third consecutive month in February 2025, pulling out a total of ₹34,574 crore from the Indian equity markets, as per data from the National Securities Depository Limite
Fineotex Chemical’s stock witnessed an upward movement of more than 2 on Friday after one of its promoters increased their stake in the specialty chemicals company. The stock, which is part of ace investor Ashish Kacholia’s portfolio, climbed as
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