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Private life insurance companies continued to outshine the industry giant LIC in December 2024, posting robust growth in new premiums. While private insurers collectively saw an 11.4% increase in individual annual premium equivalent (APE), LIC strugg
Oil prices soared to their highest levels in over four months, with Brent crude surpassing $81 a barrel and West Texas Intermediate (WTI) hovering near $78. This rally comes in the wake of sweeping US sanctions targeting Russia’s energy sector, hei
Despite a subdued market sentiment, shares of BSE Ltd, Asia's oldest stock exchange, formerly known as the Bombay Stock Exchange, witnessed an upward movement as international brokerage firm Goldman Sachs initiated its coverage of the stock. By 9:
Gold prices in India have been steadily rising over the past few days. On 13th January 2025, this upward momentum continued, with gold rates hitting a new high for the month. The 22K gold rate today is ₹7,340 per gram, while 24K gold is priced at
Reliance Industries (RIL) stock has been in the spotlight due to its significant underperformance over the past six months. The stock has declined by over 25% from its peak of ₹1,617 in July to a low of ₹1,201. In contrast, the benchmark indices
Biocon Ltd. witnessed a remarkable surge in its stock price, climbing over 4% on January 13, after the US Food and Drug Administration (USFDA) granted clearance to its Malaysia-based insulin facility. This development effectively concludes a series o
The benchmark indices, Nifty and Sensex, started the week on a cautious note, weighed down by substantial losses in PSU banks and real estate stocks. A gap-down opening resulted in all sectors trading in negative territory as domestic and global conc
Asian markets opened the week on a downbeat note as stocks in Australia, Taiwan, and South Korea fell, driven by investor concerns over geopolitical tensions and economic challenges. The dip in regional shares follows a fourth consecutive day of loss
Shares of Delta Corp surged by 15.4% on Friday, reaching ₹130.8 on the BSE, after the Supreme Court (SC) stayed show-cause notices issued by GST authorities to online gaming companies. The notices had demanded a total of ₹1.12 lakh crore in tax d
Phoenix Mills shares rose nearly 3% in Friday’s trading session after the company released an upbeat business update for Q3 FY25. The stock hit an intraday high of ₹1,684.6 on the BSE, closing at ₹1,662.35, reflecting a 1.55% gain. In compariso
Eyewear retailer Lenskart seems to have taken a significant step toward going public by initiating discussions with bankers for its initial public offering (IPO). The company aims to raise between $750 million and $1 billion, according to sources cit
IREDA Reports Robust Q3 FY25 Results with 27% Net Profit Growth Indian Renewable Energy Development Agency Ltd (IREDA), a leading state-run financier in the renewable energy sector, announced impressive financial results for the third quarter of F
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