A three-day meeting of the central bank’s monetary policy committee is scheduled for December 5-7. Besides its rate move, the meeting will be closely watched for RBI’s growth projection, which currently stands at 7% for 2022-23.

The Tata group firm filed documents with Sebi, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 29. The firm advertised the move in some leading daily newspapers on Thursday. ET in its November 11 edition was the first to report about this development.

The capital markets regulator said in a communication to the industry on November 30, Telegram is rife with dubious groups masquerading as fund houses. Sebi’s warning to the industry comes in the wake of instances where investors have been defrauded by these telegram group operators, said three mutual fund industry Continue Reading

According to the latest research by hospitality research firm HVS Anarock, revenue per available room (RevPAR) was between ₹3,696 and ₹3,944 in October, which was around 60% higher than the year-ago range. The trend augurs well for the sector since the second-half of a fiscal has a higher business potential Continue Reading

Some companies, such as Heritage Foods, Sandur Manganese, PTC Industries, Choice International, and Suzlon Energy, have recently offered rights issues at 40-95% discounts to the prevailing market prices. In some of them, the retail investors’ portion was not fully subscribed.

A promising range breakout formation and long bullish candle are indicating further upside from the current levels. For the breakout traders, 415 would be the key level to watch. Overall chart structure suggests if the stock sustains above the same, then the breakout continuation texture is likely to continue up Continue Reading

“In the last 6 years, Rs 25,186 crore have been paid by farmers as the premium, wherein Rs 1,25,662 crore have been paid to the farmers against their claims as on October 31, 2022 with Central and state governments bearing most of the premium under the scheme,” an official statement Continue Reading

Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021

The Dow Jones Industrial Average fell 56.2 points, or 0.16%, at the open to 34533.59

India has seen its share of crypto frauds in recent years. In 2018, a police probe found that more than 25,000 investors were duped, while the nation’s top court is hearing a case on an alleged fraud worth about $1.6 billion at current prices. BitConnect, a global scam worth around Continue Reading