The world economy is tense following Donald Trump’s reelection as the 47th President of the United States. It’s unlikely that India will be immune either. How will decision-makers respond to this most recent obstacle? According to a State Bank of India (SBI) research released on Tuesday, the Indian rupee may see some volatility in the…
Aditya Birla Fashion and Retail (ABFRL) announced that its board has authorized the offering of equity shares through qualified institutions placement (QIP) up to Rs 2,500 crore and up to Rs 2,379 crore in preferential issuance. Pilani Investment and Industries Corporation will get 4,08,72,580 equity shares from the business at a preferential issue price of…
On Thursday, January 16, Adani Group stocks jumped as much as 9% when Hindenburg Research, a US research firm notorious for its short-selling practices, was shut down. Adani Green Energy’s shares surged 8.8% to Rs 1,126.80, while Adani Power’s shares surged 9% to the day’s high of Rs 599.90 on the BSE. Adani Total Gas…
HDFC Asset Management Company’s shares rose in trade on January 15, after the AMC reported a significant 31 percent increase in profit profit for the October-December quarter (Q3) of fiscal year 2025 (FY25). HDFC AMC posted a net profit of Rs 641 crore in the third quarter, up 31%. The company’s operating revenue increased 39…
On Thursday, January 16, the National Stock Exchange (NSE) prohibited trading in nine equities in the futures and options (F&O) segment because they were over 95% of the market-wide position limit (MWPL). These equities will, nevertheless, be traded on the cash market. The list of securities in the F&O ban for trade is updated daily…
The shares of Indian Overseas Bank (IOB) fell 9% on Wednesday amid a spike in trade volumes, reaching an intraday low of Rs 49.23 on the BSE and a total traded value of Rs 38.96 crore at about 9:35 am on the NSE. Based on NSE statistics, the stock’s total market capitalization was Rs 94,455.35…
Indian Oil Corporation Ltd (IOCL) is one of India’s largest state-owned oil and gas companies. Established in 1959, it plays a crucial role in the country’s energy sector, managing the refining, transportation, and distribution of petroleum products. Indian Oil is involved in the entire value chain, from refining crude oil to producing fuels, lubricants, and…
IT giant Infosys reported its fiscal third-quarter profits on Thursday, showing a profit of Rs 6806 crore, an increase of 11.46 percent year over year. In the third quarter of FY24, the company’s operating revenue was Rs 41,764 crore, up 7.58 percent from Rs 38,821 crore. A CNBC TV18 survey predicted that Infosys will report…
When it comes to planning for retirement, the golden question is, “How long will my savings last?” With $750,000 set aside, your financial security depends heavily on where you decide to live. The cost of living varies dramatically across the United States, from affordable Southern states to costly coastal cities. Here’s a breakdown of how…
Earning $100,000 a year might sound like a dream, but in 2025, how far that salary stretch depends heavily on where you live. From rising housing costs to inflation affecting everyday expenses, living comfortably on six figures isn’t as straightforward as it used to be. Here’s a detailed look at the cities where $100K goes…