Shriram Finance confirmed it will not apply for a banking license after MUFG’s $4.4 billion investment for a 20% stake. The company prefers to remain an NBFC, focusing on retail lending opportunities without structural changes in management. Non-banking finance company (NBFC) Shriram Finance on Monday, December 22, said that the company has no plans to…
Bitcoin is down 7.96% year-to-date, trading at $86,065 as of December 18 after beginning the year at $93,508. In comparison, Ethereum has recorded a steeper decline of 15.25% YTD, with its price falling from $3,337 to $2,828 during the same timeframe. From bitcoin reaching record high of $1,00,000 to retracing around $86,000 level -the crypto…
Technical Outlook on Banks for 2026 The banking sector continues to remain a key outperformer on the charts, with both private and PSU banks showing constructive price structures. While private banks are consolidating within long-term uptrends, PSU banks are witnessing steady accumulation after strong rallies. Technically, private banks offer stability through structured uptrends…
India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), on Wednesday, 17 December 2025, decided to cut the charges of the expense ratios in mutual funds, revising its long-standing norms after companies urged the regulator to make the proposed cap on brokerage costs feasible for the asset management companies. Mutual fund…
The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…
The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…
Silver rates hit a record high of Rs 2,00,362 per kg on the MCX today rising Rs 1420 against the previous close of Rs 1,98,942. Prices of silver crossed the Rs 2 lakh per kg mark on MCX for the first time ever tracking the broader uptrend in precious metals. Silver rates hit a record…
The momentum returned after several months of softening inflows, supported by broad-based investor participation across categories. AMFI Equity mutual fund inflows rose to Rs 29,911 crore in November 2025, marking a strong 21.2 percent increase from Rs 24,690 crore in October, according to data released by the Association of Mutual Funds in India…
Silver has doubled in 2025, rocketing from $50 to $61 per ounce — and from Rs 1,58,000 to Rs 1,90,000 per kg — in barely 12 trading sessions. Experts said as the metal heads into 2026, its fundamentals and technicals still look firmly supportive. But analysts warn that caution and careful entry strategies are essential.…
Microsoft said that the latest commitment, spread across calendar years 2026 to 2029, would “advance the country’s cloud and AI infrastructure, skilling and ongoing operations” American tech giant Microsoft’s chief executive officer (CEO), Satya Nadella, on Tuesday announced the company’s plan to invest $17.5 billion in India’s artificial intelligence (AI) infrastructure over the course…