Manipal Health Enterprises’ IPO saw a sluggish start, being subscribed 0.15 times on Day 1, with retail and non-institutional portions lagging. The company raised ₹4,167 crore from anchor investors. The total issue size is ₹9,275 crore, with shares listing on August 5. Manipal Health Enterprises, which operates one of India’s largest networks of multi-specialty…
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff New Delhi: India’s services sector growth declined to an 11-month low in December amid slow expansion in new businesses, according to a private survey on Tuesday. The seasonally adjusted HSBC…
RBI data released on 26 December shows that India’s forex reserves recorded a $4.37 billion jump to a near record high of $693.32 billion as of 19 December 2025. Here’s how much gold the central bank holds in its reserves. The Reserve Bank of India (RBI) data for the country’s foreign exchange (forex) reserves show…
These “next generation GST reforms” are aimed at making India Aatmanirbhar, she told to the GoM during a meeting, adding that the Centre committed to building broad-based consensus with states on next-gen GST reforms. Finance Minister Nirmala Sitharaman on Wednesday told a Group of Ministers that the rate rejig in GST reforms will provide relief…
Concerns over sluggish earnings growth, premium valuations, and uncertainty surrounding U.S. trade policies fueled the sell-off. India’s benchmark indices, Sensex and Nifty, ended marginally lower for the third session on February 20, dragged lower by financial stocks as global trade tensions weighed on investor sentiment. Concerns over sluggish earnings growth, premium valuations, and uncertainty…