High oil prices and weak monsoon, which will weigh on food prices, are likely to push up inflation, and in this backdrop, RBI may raise the repo rate by 25 bps each in October and December, feels D. K. Joshi, Chief Economist at Crisil Are you a home-loan borrower? Your interest rate may go up…
Equity inflows slowed, gold ETFs saw outflows and debt funds reversed course. Here’s what AMFI’s May data reveals. Equity mutual fund inflows fell 40 percent to Rs 22,908 crore in May, down from Rs 38,440 crore in April, according to monthly data released by the Association of Mutual Funds in India (AMFI). Even with…
PSU Bank stocks gained up to 2% in trade on Thursday; Nifty PSU Bank index hit an intra-day high of 7,142.25, and was 2.3 per cent away from its 52-week high of 7,304.80 touched on July 17, 2025. PSU Bank shares today Shares of public sector banks (PSBs) were trading higher for the second…
While the majority of Apple’s flagship phone production currently takes place in China, the company has begun to shift manufacturing operations to India. President Donald Trump on Friday announced that Apple will be subject to a tariff of 25% or more for iPhones manufactured outside of the United States. In a statement on social…
The weekly options data indicates that the Nifty may trade in the range of 24,000–24,500 in the short term. The benchmark Nifty 50 remained under pressure for the major part of the session, closing a third of a percent lower due to profit booking on April 24—the monthly F&O expiry session—after recording a 1,960-point gain…