Indian Market News

The Reserve Bank of India (RBI) announced a 25-basis-point reduction in the repo rate on February 7, bringing it down to 6.25%. This move is anticipated to stimulate sectors such as automobiles, real estate, and consumer durables, which have been gra

In what appears to be the start of a major crackdown on unauthorized investment advisories operating under the guise of educational institutions, the market regulator SEBI has seized ₹53.67 crore in earnings from the well-known stock market trainin

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 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

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

The Indian rupee extended its losses, hitting a fresh low in afternoon trade on February 5, depreciating to 87.3763 against the US dollar. The decline comes amid weakening Asian equities, reflecting a broader risk-averse sentiment in the global finan

The State Bank of India (SBI) is planning to raise approximately ₹5,000 crore ($573.38 million) through Basel III-compliant additional Tier-I perpetual bonds before the end of February, according to three sources familiar with the matter. As per