RBI hikes interest rates by 25 bps: What next for the markets?

The 25 basis point (bps) rate hike by the Reserve Bank of India (RBI) to 5.5 per cent is in line with expectations, said analysts, who expect the market’s focus to be back on crude oil prices in the backdrop of West Asia conflict, rupee-dollar equation, bond yields and how corporate earnings play out in…

Adani leads ₹37,500-cr coal gasification scheme with three urea bids

Centre’s coal gasification scheme receives seven applications in its first bidding round, with four projects targeting urea production and others focused on syngas and DRI   The Centre’s Rs 37,500-crore scheme to promote coal and lignite gasification has received seven applications in its first bidding round, with Adani Enterprises submitting bids for three projects aimed…

NSE IPO: Sebi issues no-objection certificate

Sebi’s NoC puts an end to nine years of waiting for NSE’s initial public offering (IPO). The Securities and Exchange Board of India (Sebi) has issued a no-objection certificate (NoC) for the public listing of National Stock Exchange of India Ltd (NSE), according to two people familiar with the matter. The development puts an end…

Infosys, TCS are better shielded from Trump’s stricter policies, says Moody’s

Moody’s said companies in the automotive, steel, chemicals and business-services sectors in South and Southeast Asia are most exposed to evolving US policies, including the higher tariffs.   Global ratings agency Moody’s, in a report, highlighted the sectors that are set to see the most impact from US President Donald Trump’s harsh tariffs. The global ratings agency said…