India-born fintech startup Razorpay, which is currently incorporated in the US, has announced plans to reverse-flip its parent entity back to India in the next six months. Co-founder and CEO Harshil Mathur shared that the company is awaiting the necessary approvals for the process, which could take anywhere between 3 to 6 months. Following the …
The Nifty Bank index experienced a notable decline of 0.99% on January 13, 2025, shedding 479 points by 12:47 PM. This marks the 4th consecutive session of losses, amounting to a total fall of 3.93% over the past trading days. In comparison, the Nifty50 index performed relatively better during the same period. Advances vs Declines: …
The NSE benchmark Nifty50 index started on a lower note on January 13, 2025, slipping below the critical 23,200 mark during intraday trading. While it managed to recover marginally from the intraday lows, trading above 23,200, the index remained down by 207 points or 0.88% as of 11:53 am. Market Breadth: Declines Dominate The market …
India’s renewable energy sector achieved a historic milestone in 2024 with a record capacity addition of approximately 30 GW. This represents a 113% increase from the 13.75 GW added in 2023, as per data from the Ministry of New & Renewable Energy. The achievement highlights the nation’s accelerating efforts to transition to clean energy and …
Leah and Maya Tata, the daughters of Tata Trusts Chairman Noel Tata, have been inducted onto the board of trustees of the Sir Ratan Tata Industrial Institute (SRTII), a key subset of Sir Ratan Tata Trust. The trust is one of the two principal shareholders of Tata Sons, the holding company of the Tata Group. …
Asian stock markets saw early declines on Monday as robust US jobs data prompted traders to reassess the Federal Reserve interest rate cuts timeline. Higher crude oil prices and renewed strength in the US dollar added to market pressures. Indian Equity Markets Open Lower Indian benchmark indices began the week on a weaker note: NSE …
India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors. A Strategic Partnership The proposed agreement has been …
The Indian benchmark indices NSE Nifty 50 and BSE Sensex witnessed heightened volatility during the week ended Friday, Jan 10, 2024. The week started with extreme selling pressure on Jan 6, 2024, when Nifty 50 and Sensex dropped 1.62% and 1.59%, respectively. The selling was primarily caused by the increase in HMPV cases, FPI selling, Donald Trump’s expected return …
On January 10, 2025, the BSE Sensex ended in red closing at 77,378.91, down by 0.31% and the NSE Nifty50 closed at 23,431.50, declining by 0.4%. Sectoral Performance On Friday, Nifty Media, Nifty Midsmall Healthcare and Nifty Realty ended in the red. Nifty IT ended in the green, where it rose by over 3%. Top Gainers and …
Real estate fractional ownership platform Strata has officially received a licence from the Securities and Exchange Board of India (SEBI) to launch small and medium-scale real estate investment trusts (SM REITs). This marks a significant milestone for the platform in expanding its investment offerings. Strata’s SEBI licence is the fourth granted by the capital market …
