The Indian rupee plunged to a new record low of 87.9563 against the US dollar on February 10, following the introduction of fresh tariff plans by US President Donald. The domestic currency opened at 87.9175 per US dollar, significantly weaker than

State-owned Bharat Electronics Ltd (BEL), Bharat Heavy Electricals Ltd (BHEL), and VA Tech Wabag have announced major contract wins, strengthening their order books and improving growth visibility. BEL has bagged orders worth ₹962 crore, including

The Indian stock market continued its upward trajectory for the second consecutive week, with the Nifty 50 edging up by 0.33 percent in the week ending February 7, despite periods of volatility. Investor sentiment remained optimistic following the

Gold prices in India surged further on February 10, 2025, surpassing the ₹8,700 mark. The current price of 22K gold is ₹7,980 per gram, while 24K gold has reached ₹8,706 per gram. This latest increase continues the strong upward trend in gold r

The Multi Commodity Exchange (MCX) has recently announced an update in its trading hours, aligning with adjustments in US daylight saving time. This move is expected to impact traders and market participants dealing in commodity derivatives. MCX, whi

Ajax Engineering Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹1,269.35 crore. The IPO consists entirely of an offer for sale of 2.02 crore shares. Ajax Engineering IPO opens for subs

Chandan Healthcare Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹107.36 crore. The IPO combines a fresh issue of 44.52 lakh shares (₹70.79 crore) and an offer for sale of 23.00 lakh shares (

Foreign Institutional Investors (FIIs) continue to hold approximately $800 billion worth of Indian equities, but their persistent selling remains a key risk for the stock market, according to a recent report by BNP Paribas Exane. While India’s depe

Union Finance Minister Nirmala Sitharaman is set to introduce the much-anticipated New Income Tax Bill 2025 in the Lok Sabha today, marking a significant overhaul of India’s direct tax system. The Bill, which recently received approval from the Uni

The Edelweiss CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund - Direct (G) is a target maturity debt fund that aims to provide investment returns closely corresponding to the total returns of the securities represented by the CRISIL-IBX AAA NBFC-H

On February 7, Reserve Bank of India (RBI) Governor Sanjay Malhotra expressed confidence in the country's economic prospects, stating that India is fully capable of surpassing a 7 growth rate and should set its sights on achieving this target. In

The banking sector experienced a downturn in trading following the Reserve Bank of India's (RBI) latest monetary policy announcement, which did not introduce any additional liquidity-easing measures. Although the central bank implemented its first in