The Defence Acquisition Council (DAC), chaired by Raksha Mantri Rajnath Singh, has approved various proposals for the Armed Forces amounting to a total of ₹79,000 crore, the government said. In a major boost for India’s defence sector, the Centre has cleared projects worth ₹79,000 crore for the Indian Armed Forces, the Ministry of Defence said…
RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the repo rate by 25 basis points to 6 per cent, Governor Sanjay Malhotra announced on Wednesday. This marks the second…
Infosys was the biggest drag on the Nifty 50, falling 3.7 percent on concerns over slowing US client spend. The Nifty IT Index dropped as much as 3.1 percent to its lowest level since July 2025, extending its year-to-date losses to about 16 percentIn a highly volatile session, benchmark indices Sensex and Nifty ended marginally…
Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels. The NSE Nifty 50 index hit high of 23,632, and a low of 23,318 in intra-day trades on Saturday, February 01, 2025 in a special trading…