Nifty PSU Bank Index Scales Fresh Peak Amid Strong Q3 Growth
Public sector bank (PSB) stocks extended their rally on Tuesday, pushing the Nifty PSU Bank index to a fresh high of 9,517.70 on the National Stock Exchange. The index gained…
Category: Finance
RBI Approves ICICI Group’s Plan to Increase HDFC Bank Holding
The Reserve Bank of India (RBI) has granted approval to ICICI Prudential Asset Management Company (ICICI AMC) and other ICICI Group entities to increase their stake in HDFC Bank up…
ICICI Prudential Life launches sector leaders Index Fund to tap India’s top market champions
ICICI Prudential Life Insurance Company Limited has introduced the ICICI Pru Sector Leaders Index Fund, A New Unit Linked Insurance Plan (ULIP) fund designed to give customers exposure to market-leading…
Indian Rupee Dips to Record Low of ₹90.42/$ Following Fed Rate Decision
The US Federal Reserve announced it has reduced its benchmark interest rates for the third consecutive time in a bid to stimulate the US economy. The global financial reaction was…
Tata Capital IPO allotment status finalised
Tata Capital Ltd, a subsidiary of Tata Sons Pvt Ltd, recently concluded its highly anticipated initial public offering (IPO), receiving moderate interest from investors. The IPO bidding took place from…
RVNL shares increase 8% on bagging two projects worth Rs 541 crore
Shares of Rail Vikas Nigam Limited rallied nearly eight per cent in the morning session on the last trading day of 2024. The railway firm was declared the lowest bidder…
Nirmala Sitharaman on Budget 2024: ‘desire to give relaxation to the middle class’, but
Finance minister Nirmala Sitharaman said that by the Union Budget 2024, the government intended to provide relaxation to the middle class, although there are limitations. The finance minister told Times…
These shares may increase in the budget climate
Union Finance Minister Nirmala Sitharaman said that up to 300 units of free electricity will be provided to 1 crore households every month under the Surya Ghar Muft Bijli Yojana…