Gold prices in India remain unchanged today, February 7, 2025, following a record surge in the previous session. At present, 22K gold is valued at ₹7,930 per gram, while the price of 24K gold stands at ₹8,651 per gram. The rates observed yesterda

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to adjust the repo rate for the first time in two years, reducing it by 25 basis points—from 6.5 to 6.25. RBI Governor Sanjay Malhotra made this announcement on Fr

Zomato, the leading food tech company, has officially rebranded itself as Eternal, following approval from its board, according to a stock exchange filing on February 6. Explaining the change, Deepinder Goyal, Zomato's group CEO and co-founder, st

The Nippon India Active Momentum Fund - Direct (G) is designed to achieve long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund employs a quantitative model to identify investment op

The Union Gold ETF Fund of Fund - Direct Plan is an open-ended mutual fund scheme designed to provide investors with long-term capital appreciation by primarily investing in units of the Union Gold Exchange Traded Fund (ETF). This fund offers a conve

The Sensex and Nifty remained in negative territory on February 6, as investors adopted a cautious stance ahead of key corporate earnings and the Reserve Bank of India's (RBI) interest rate decision scheduled for February 7. Selling pressure from sto

The Indian rupee depreciated to an all-time low of 87.5525 against the US dollar, primarily due to a stronger dollar index and escalating crude oil prices, which have fueled the demand for dollars among oil marketing companies, according to currency

Chamunda Electricals's initial public offering (IPO) has received exceptional investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 16.70 times on day one, to 46.09 times

In its latest report, domestic brokerage firm JM Financial reaffirmed its projection that food delivery giant Zomato Ltd. and financial services company Jio Financial Services (JFS) could secure a place in the Nifty 50 index during its upcoming rebal

Indian markets are in a state of heightened anticipation ahead of the upcoming RBI policy announcement, with widespread expectations of a rate cut. Some also foresee a reduction in the Cash Reserve Ratio (CRR). Additionally, many market participants

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting commenced today, February 5, marking the first policy review under the leadership of the newly appointed Governor, Sanjay Malhotra. Additionally, this meeting follows the Uni

India’s newly appointed central bank governor is expected to implement an interest rate reduction during his first policy meeting, signaling a shift toward prioritizing economic growth amid rising global uncertainties. Sanjay Malhotra, who assum