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RBIs MPC hikes policy rate by 25 bps
Business

RBI's MPC hikes policy rate by 25 bps

Chennai, Feb 8: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.Wednesday's MPC meeting is the last one for this fiscal. The repo rate is the rate at which the RBI lends to the banks.Announcing the hike, RBI...
Adani Group stocks fall further in morning trade
Business

Adani Group stocks fall further in morning trade

New Delhi, Feb 6: Shares of Adani Group firms tumbled further on the bourses, with shares of Adani Enterprises witnessing a fall of 9.50 per cent as investors continue to offload their holdings. Adani Enterprises opened on a weak note at Rs 1,597.95, then fell further to Rs 1,433.60, registering...
Indias macro fundamentals not affected by Adanis FPO withdrawal: FM
Business

India's macro fundamentals not affected by Adani's FPO withdrawal: FM

Mumbai, Feb 4: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday said India's macro fundamentals and economic image are not affected by the Adani Group's withdrawal of its Rs 20,000 crore FPO. In the last two days alone, USD 8 billion in forex came in, the finance...
Elon Musk cleared of fraud charges in Tesla funding secured case
Business

Elon Musk cleared of fraud charges in 'Tesla funding secured' case

San Francisco, Feb 4: A court in the US has cleared Elon Musk in a class-action securities fraud over his tweets about taking Tesla private. The jurors deliberated for about two hours before reaching the verdict, called a "disappointed" one by Nicholas Porritt, partner at Levi & Korsinsky,...
Sensex, Nifty jump over 1 pc on heavy buying in banking stocks
Business

Sensex, Nifty jump over 1 pc on heavy buying in banking stocks

Mumbai, Feb 3: Equity benchmarks rallied over 1 per cent on Friday due to heavy buying in banking and financial counters amid mixed trend in the global markets. The 30-share BSE benchmark Sensex zoomed 909.64 points or 1.52 per cent to settle at 60,841.88. During the day, it jumped 973.1 points...
Mukesh Ambani replaces Gautam Adani as the richest Indian in the world
Business

Mukesh Ambani replaces Gautam Adani as the richest Indian in the world

Guwahati, Feb 2: The chairman of Reliance Industries, Mukesh Ambani, has surpassed Gautam Adani to become the richest Indian in the world, according to the Forbes Real-time Billionaires list. In the Bloomberg Billionaires Index on Tuesday, Adani fell to seventh place from third after the short...
Types of Loans Available for Doctors in India
Business

Types of Loans Available for Doctors in India

For doctors after acquiring their medical degree, there is a requirement for capital assistance to set up their clinics, hospitals, etc or for maintenance of personal errands. Banks and financial institutions in India have customised loan options to cater to different financial needs of the...
Elon Musk 1st person in world to lose $200 bn in net worth: Report
Business

Elon Musk 1st person in world to lose $200 bn in net worth: Report

San Francisco, Jan 2: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth and is still making jokes on the micro-blogging platform. According to a Bloomberg report, Musk has now seen his...
Markets decline in early trade amid weak global trends
Business

Markets decline in early trade amid weak global trends

Mumbai, Dec 29: Equity benchmark indices declined in initial trade on Thursday in line with weak global markets and continuous foreign fund outflows. The 30-share BSE Sensex went lower by 383.19 points to 60,527.09. The broader NSE Nifty declined 110.7 points to 18,011.80. From the Sensex pack,...
How to smartly invest your money in 2023
Business

How to smartly invest your money in 2023

Investing money can be a smart way to grow your wealth over time, but it is important to approach it with caution and do your research. Here are some tips for investing money smartly in 2023:1. Set financial goals: Before you start investing, it is important to have a clear idea of what you want to...
BYJUS meets NCPCR officials, defends itself on student database buying allegation
National

BYJU'S meets NCPCR officials, defends itself on student database buying...

New Delhi, Dec 24: Edtech major BYJU's on Friday filed a comprehensive response to the notice by the National Commission for Protection of Child Rights (NCPCR) that alleged the company is buying phone numbers of children and their parents and threatening them to buy its courses.In a meeting with...
4 important justifications for including Care Health Insurance in your financial planning
Business

4 important justifications for including Care Health Insurance in your financial...

An integral part of financial planning is accounting for contingencies. You need to spend a part of your savings on planning for unexpected incidents like health emergencies.A health insurance policy is a financial planning tool that comes to your rescue during medical emergencies. Health insurance...
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