Sensex Falls 120 Points, Nifty Trades Flat as IT and Banking Stocks Drag Markets Lower
IndusInd Bank Crashes 21%; Smallcaps Extend Losses Amid Volatile Trading The Indian stock market faced a choppy session on March 11, with the Sensex slipping 120 points and the Nifty…
IndusInd Bank Shares Plunge 25% Amid Derivative Discrepancies, Potential ₹1,500 Crore Profit Hit
Brokerages Lower Target Prices as CEO Tenure Cut, CFO Resigns Shares of IndusInd Bank Ltd. witnessed a steep 25% decline on March 11, following the disclosure of discrepancies in its…
Mutual Funds Suffer ₹6,000 Crore Blow as IndusInd Bank Stock Plummets 20%
Sharp Stock Decline Triggers Massive Mutual Fund Losses Mutual fund investments in IndusInd Bank took a severe hit on March 11, as the stock plunged 20% in a single day…
US-Ukraine Talks in Saudi Arabia
Background: Why Are These Talks Happening? Saudi Arabia is set to host crucial talks between the United States and Ukraine in Jeddah on Tuesday, following a heated argument between U.S.…
Demat Account Growth Hits 21-Month Low Amid Market Volatility and Regulatory Changes
Stock Market Correction and SEBI Regulations Curb New Account Openings The pace of new demat account additions in India has slowed to its lowest level in 21 months, reflecting growing…
Supreme Court Balances Arrest Powers and Taxpayer Rights Under Customs, GST Acts
Judicial Safeguards Introduced to Prevent Arbitrary Arrests In a landmark judgment, the Supreme Court of India has upheld the authority of officials to make arrests under the Customs Act and…
New Income Tax Bill Will Not Violate Online Privacy of Common Taxpayers
Government Introduces New Bill to Modernize Decades-Old Taxation Laws The Indian government is set to introduce the Income-Tax Bill, 2025, in Parliament on February 13 as part of a broader…
Indian Rupee Plunges to 87.33 Against US Dollar Amid Weak Yuan and NDF Maturities
The Indian rupee witnessed its steepest single-day fall in two weeks, depreciating by 0.5% to close at 87.33 per US dollar on Monday. The decline was primarily triggered by the…
IDBI Bank Privatisation: Share Purchase Agreement Likely to be Finalised in March
The share purchase agreement for the privatisation of IDBI Bank is expected to be finalised by March 2025, as per reports. The Government of India has set a target to…
The Hidden Risks of Opinion Trading Platforms in India
Opinion Trading and the Rise of Online Betting in India As India gears up for major cricket tournaments like the Indian Premier League (IPL) and the Champions Trophy, a parallel…
