CATEGORIES

State steps up efforts to attract investment in mining sector

The Rajasthan government has announced measures to attract investment in the mining sector ahead of the 'Rising Rajasthan' Global Investment Summit 2024 to be held here from December 9 to 11, said a senior mining department official.

Govt partners NTPC to float solar power plants

Uttar Pradesh is planning to set up floating solar power plants in partnership with top energy players, including National Thermal Power Corporation (NTPC), to expand its renewable energy inventory.

Niva Bupa sets band of ₹70-74 for ₹2.2K cr IPO

Standalone health insurer Niva Bupa Health Insurance, which is set to go public through a ₹2,200-crore initial public offering (IPO), has set a price band of ₹70-74.

Govt invites applications for post of RBI deputy governor

The government has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025.

Foreign investors turn net sellers of debt in Oct

Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth ₹4,697 crore.

₹ falls to new low on FPI selloff, rise in crude oil prices

The rupee fell to a new low of 84.12 a dollar on Monday as foreign investors sold domestic equities, offsetting the strength in Asian peers, said dealers.

Incremental C/D ratio lowest in 30 mths

The incremental credit-deposit (CD) ratio of the banking system has moderated to 77.7 per cent—lowest in nearly 30 months—as bank credit growth slowed down to 11.5 per cent in the fortnight ended October 18 and deposit growth outpaced credit growth at 11.7 per cent, according to Motilal Oswal's research report.

NTPC, ONGC join hands to promote new energy sector

Leading public sector undertakings (PSUs) NTPC Limited and Oil and Natural Gas Corporation (ONGC) on Monday announced the formation of a 50:50 joint venture company (JVC) to further promote their interests in the renewable and new energy arena.

Adoption of new audit rules on agenda

The next board meeting of the National Financial Reporting Authority (NFRA) will be held on November 11-12.

Manufacturing PMI edges up in October on sales, new orders

After an eight-month low, growth in India's manufacturing sector revived at the turn of the third quarter of the current financial year as output accelerated, driven by faster increases in total new orders and international sales, according to a private business survey released on Monday.

Govt introduces royalty rates for key minerals

Move comes ahead of the first offshore mineral auction

JC Flowers ARC seeks bids to sell ₹2,613 cr of loans

JC Flowers Asset Reconstruction Company, acting as a trustee of JCF YES Trust, is seeking bids to sell ₹2,613 crore of outstanding retail and SME loans through a Swiss auction, which has been prompted by an anchor bid of ₹237.5 crore.

B'desh fast-tracks payment to Adani

Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a November 7 deadline set by the firm, which has cut electricity exports to Bangladesh by more than half, two senior government officials said.

On a high: John Distilleries mulls ₹600 crore plant in Karnataka

Bengaluru-based John Distilleries Limited (JDL) is considering a 30-acre plant in Karnataka with an investment of about ₹600 crore, following the expansion of its Goa facility.

Bharti Telecom raises ₹11,150 crore via bonds

Company to use the proceeds for investing

Swiggy eyes 100 mn users, each ordering 15 times a month

Food delivery giant anticipates strong growth in next decade

Maruti targets 2x exports by end of decade

EVs to play a key role in touching 800K mark in export by FY31

Analysts cautious after Sun Pharma drug launch hits legal hurdle in US

Sun Pharma's plans to launch Leqselvi, a drug for alopecia areata, in the US have been put on hold after a court there granted a preliminary injunction in favor of Incyte Corporation.

2W sales soar in October; TVS, Hero lead the charge

Festival demand boosts domestic sales by up to 26%; Bajaj figures decline

India Inc sends mixed signals on H2FY25 capex path

MUTED PLANS

Sensex trailing P/E falls to 12-mth low

The latest correction in the Indian markets has led to a sharp decline in equity valuations in the country.

Reliance Jio IPO set for 2025, could be India's biggest

Billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit's initial public offering (IPO) much later, two people familiar with the matter said.

US poll uncertainty roils mkts

Benchmark indices nosedive 2% - most in a month - before recouping half the losses

Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?

Battle lines are drawn in a hard-fought election in the US, the outcome of which will be known this week. However, analysts say global financial markets have already begun preparing for Donald Trump's victory.

Himalayan glacial lakes expanded 10.81% from 2011 to 2024: Govt

Glacial lakes and other water bodies across the Himalayan region saw a 10.81 per cent increase in area from 2011 to 2024 due to climate change, signalling a heightened risk of glacial lake outburst floods (GLOFs), according to a government report.

India rises as global player in petroleum, sugar exports

SURGING MARKET SHARE IN 5 YEARS

Bollywood's tall storey: Mega deals drive real estate boom

Bollywood's influence extends beyond films. The industry's top stars are known for their larger-than-life roles both on and off screen.

Festival spirit soars, so does pollution

Last Thursday, the skies of Delhi illuminated with Diwali celebrations, despite a ban on firecrackers.

Credit culture: What's that?

Many bankers are complaining about deteriorating credit culture. The villain is farm loan waivers. But some of the NBFCs too are contributing to it

PEELING THE KANDA EXPRESS

As trains loaded with onions chug along, what is the impact on farmers, consumers, and traders?