Domestic stock indices settled higher on Tuesday, as traders awaited the outcome of RBI monetary policy. Buying seen in key sectors pushed indices higher. The BSE Sensex jumped 454.67 points, or 0.63 per cent, to end at 72,186.09. The NSE Nifty rose 157.70 points, or 0.72 per cent, to endRead More

Yandex to exit Russia: Yandex NV, often referred to as Russia’s Google, is set to exit Russia in a $5.21 billion deal with a group of Russian investors, marking the most substantial corporate departure from the country since the Ukraine conflict. The deal, orchestrated by the Kremlin, entails the saleRead More

Paytm Payments Bank: Traders’ body CAIT today (February 4) issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations. “The Reserve Bank of India has imposed certain restrictions, prompting CAIT to recommend that usersRead More

Gold prices saw a remained steady on Saturday. The cost of 24 carat gold is Rs.6397.0 per gm. The cost of 22 carat gold is Rs.5865.0 per gm. The price change in 24 carat gold in the last one week has been 0.0% whereas in the last month it hasRead More

Leading automobile manufacturer Tata Motors Ltd on Friday (February 2) reported a 137.5% year-on-year (YoY) jump in consolidated net profit at ₹7,025 crore for the third quarter that ended December 31, 2023. In the corresponding quarter last year, Tata Motors posted a consolidated net profit of ₹2,958 crore, the companyRead More

Domestic equity benchmark the Sensex and the Nifty reeled under selling pressure to trade over a percent down on January 17 afternoon. The sharp fall was triggered by a selloff in banking stocks led by the bellwether HDFC Bank. Around noon, the Sensex was down 1,231.38 points or 1.68 percentRead More

Share Market News: OK Play India, a company that manufactures toys for children and has a market cap of Rs 478 crore, has said that its board of directors has approved the sub-division of shares of face value of Rs 10 into shares of face value of Rs 1. “TheRead More

Indian equity markets have seen highest outflows in Asia in January, with foreign institutional investors (FIIs) pulling out $2.62 billion from Indian exchanges. This was the highest monthly outflow since January 2023. In January, the Sensex was down 0.4 percent, while Nifty gained 0.05 percent. Other Asian countries also experiencedRead More

Two big things have happened in the crypto world this month: a public validation and a semi-private snub. Both of them bode poorly for its future. The official validation came in the form of the SEC approval of a Bitcoin ETF, which will make it easier for speculators to investRead More

Several hedge funds seized a lucrative opportunity by betting on the approval of a spot bitcoin exchange-traded fund (ETF) through strategic investments in the Grayscale Bitcoin Trust (GBTC), according to insider sources. These hedge funds strategically acquired GBTC shares between 2021 and 2023, anticipating a surge in its price followingRead More