Following the resignation of HDFC Bank’s Chairman Atanu Chakraborty, the Reserve Bank of India said it had no concerns regarding the bank’s conduct or governance, affirming its strong financial position and competent management. Keki Mistry has been appointed as interim chairman for three months. A day after HDFC Bank’s Chairman Atanu Chakraborty resigned, the Reserve…
L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure Larsen & Toubro (L&T) on Wednesday said that it plans to set up a joint venture with chipmaking major Nvidia to build sovereign, gigawatt-scale AI factory infrastructure in India. The…
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 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…
The share of FIIs declined further to a 13-year low of 16.71 per cent as on September 30, 2025 (down from 17.05 per cent on June 30, 2025), while MF holdings rose to an all-time high of 10.93 per cent Domestic mutual funds (MFs) are rapidly catching up with foreign institutional investors (FIIs) in Indian…
Axis Securities predicts a potential Nifty 50 target of 26,800 by March 2026, contingent on favorable market conditions. The firm highlights 15 stocks across various market caps for investors, reflecting confidence in India’s long-term growth trajectory amidst evolving economic conditions. The Nifty 50 could touch 26,800 by March 2026 in a Goldilocks scenario of an…
Union Finance Minister Nirmala Sitharaman reiterated that the contribution of crude oil to India’s import bill is the highest and so India’s decision to buy oil will always be based on what suits its needs best. Union Finance Minister Nirmala Sitharaman on Friday made it clear that India will continue purchasing Russian oil, stressing…
Agriculture and dairy have emerged as key hurdles in clinching the India-US trade deal, with New Delhi firm on protecting its sensitive sectors. The ball now lies in Washington’s court as both sides weigh concessions amid looming tariff deadlines. Agriculture and dairy are understood to be the main sticking points in the proposed trade…
Margins of Indian steel makers had been under risk earlier this year when Chinese steel companies dumped cheap steel in the domestic market amid higher tariffs on China Stocks of steel companies surged in July 2 session with Tata Steel, JSW Steel, Jindal Steel and Steel Authority of India rising up to 3.6%. Nifty Metal…
The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options Food delivery platform Swiggy on Tuesday announced the launch of the ’99 Store,’ a new range of offerings on its application. The section, which is a…