The daily momentum indicator has a positive crossover, says Jatin Gedia, Mirae Asset Sharekhan. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex was below 77,300, Nifty50 was near 23,350. At 9:18 AM, BSE Sensex was trading at 77,265.02, down 47 points…
NEW DELHI: Investors lost Rs 7.68 lakh crore from their wealth after a 4 day bloodbath at the Dalal street, over withdrawal of foreign funds and tariff war concerns.Over this period, the BSE benchmark Sensex plunged by 1,272.01 points, or 1.61 per cent and the total market capitalisation of BSE-listed firms dropped to Rs 4,17,82,573.79…
8th Pay Commission news: More than 10 million central government workers and retirees are keenly anticipating the formation of the 8th Pay Commission. (AI image) 8th Pay Commission latest news: When will the 8th Pay Commission be set up? That’s the question in the minds of central government employees days after the Union Cabinet cleared…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting February 10, 2025) are Coromandel International and M&M Financial Services. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Coromandel 1858 2270 22% M&M Financial 297 335 13%…
MUMBAI: Reserve Bank of India‘s (RBI) decision to introduce exclusive domains for banks will make it easier to identify genuine banking websites and avoid phishing scams. Customers can verify a bank’s authenticity by checking if its website has the ‘bank.in’ extension before making transactions.RBI governor Sanjay Malhotra said rising fraud in digital payments is a…
Mumbai: Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary policy framework, a move which is expected to make loans cheaper. Announcing the decision, Sanjay Malhotra, who took over as the 26th governor of the central bank in Dec, said…
NEW DELHI: The statistics ministry must now shift focus to districts and unveil district-level socio-economic data, which can drive comprehensive improvements in outcomes, Amitabh Kant, India’s G20 Sherpa, said on Friday.“Whether it is district-level GDP, or district-level socio-economic data, the time has come to generate district-wise data for better targeting and design of policies,” Kant…
BENGALURU: Infosys terminated around 350 freshers at its Mysuru campus after they failed to clear internal assessments, despite being given three attempts to succeed. The evaluation aimed to assess their proficiency and skills in Java programming and database management systems (DBMS), requiring them to achieve a minimum score of 65% in each of the assessments,…
MUMBAI: RBI has forecast a growth of 6.7% for FY26 while cutting its growth estimate for FY25 to 6.4%, lower than the 6.6% projection made in its financial stability report released in Dec 2024. The central bank also predicts inflation to average 4.2% in FY26, staying within the target zone (2-6%).In his maiden monetary policy…
New Income Tax Bill: Prime Minister Narendra Modi-led Union Cabinet has cleared the New Income Tax Bill today, according to a PTI report. The Income Tax Bill being cleared by the Cabinet paves way for it to be tabled in the Parliament next week as part of the Budget session.The proposed New Income Tax Bill,…
