ONGC Shares Surge 10% in March: Jefferies Predicts Over 45% Upside Potential
Strong Market Momentum Boosts ONGC Stock Oil and Natural Gas Corporation (ONGC), India’s leading public sector oil and gas company, has witnessed a strong rally in March, gaining 10% amid…
Centre Approves 2% DA Hike for Govt Employees and Pensioners
Dearness Allowance Increased to 55% Effective January 2025 The Union Cabinet, under the leadership of Prime Minister Narendra Modi, has approved a 2% hike in Dearness Allowance (DA) for Central…
India’s Fiscal Deficit Hits ₹13.5 Lakh Cr by Feb-End; Capex at 80% of FY25 Target
Fiscal Deficit Nears Annual Target as Government Spending Lags India's fiscal deficit for the period April 2023 to February 2024 has reached ₹13.5 lakh crore, which accounts for 85.8% of…
RBI Likely to Cut Repo Rate by 25 bps in April Policy: MC Poll
Central Bank Poised for Rate Reduction Amid Easing Inflation The Reserve Bank of India (RBI) is expected to cut the repo rate by 25 basis points (bps) in its upcoming…
Tata Motors Expands Global EV Footprint with Mauritius Launch
Tata Motors’ EV Subsidiary Introduces Electric Cars in Mauritius Tata Motors, a leading player in India's automobile sector, has expanded its international electric vehicle (EV) presence by launching its latest…
Jio Financial Services and Zomato See Mixed Debut on Nifty 50, Britannia and BPCL Rally Post Exit
Market Reaction to Nifty 50 Index Changes The latest reshuffling of the Nifty 50 index saw Jio Financial Services (JFS) and Zomato debut as new entrants, while Britannia Industries and…
IndusInd Bank’s Compliance Lapse Not a Systemic Risk, Affirms Govt Official
Government Assures Banking Sector Stability Amid IndusInd Discrepancies The IndusInd Bank accounting discrepancy has been classified as an internal compliance lapse rather than a systemic risk to India's banking sector,…
India Approves ₹25,000 Crore PLI Scheme to Boost Electronics Manufacturing
Government Expands PLI Incentives to Strengthen Electronics Sector The Union Cabinet has approved a ₹25,000-crore Production-Linked Incentive (PLI) scheme aimed at boosting India’s electronic component manufacturing sector. This initiative is…
Blackstone-Backed ASK Group Secures SEBI Approval for Mutual Fund Expansion
ASK Group Expands Investment Portfolio with SEBI Nod ASK Asset & Wealth Management Group, backed by global private equity giant Blackstone, has received in-principle approval from the Securities and Exchange…
ICICI Prudential’s S Naren Bets on Largecap Stocks Amid Valuation Concerns
Largecap Investments Gain Favor Amid Market Volatility Sankaran Naren, Chief Investment Officer (CIO) of ICICI Prudential Asset Management, has reaffirmed his preference for largecap stocks, citing valuation challenges in the…
