Stock Market Today: Top 10 things to know before the market opens
Trends in the GIFT Nifty indicate a weak start for the broader index in India, with a loss of 77.50 points or 0.35 percent.Posted on 19 March 2024 | 7:06 am
Donald Trump rules out Vivek Ramaswamy as running mate as he eyes new team
Trump personally told Ramaswamy he won’t be his vice presidential pick, according to people briefed on the discussion, but is considering him for posts including Homeland Security secretary.Posted on 19 March 2024 | 7:03 am
Donald Trump rules out Vivek Ramaswamy as running mate as he eyes new team
Trump personally told Ramaswamy he won’t be his vice presidential pick, according to people briefed on the discussion, but is considering him for posts including Homeland Security secretary.Posted on 19 March 2024 | 7:03 am
Telegram secures $330 million in bond sales
The offering was oversubscribed and terms of the bond were favorable for the company, Durov wrote on his own Telegram channel.Posted on 19 March 2024 | 6:59 am
Hot Stocks: Maruti Suzuki, Kotak Mahindra Bank, Tata Steel can give decent returns in short term, here#39;s why
The 50-day EMA (exponential moving average), currently placed at 21,916, seems to be acting as a strong support for the Nifty.Posted on 19 March 2024 | 6:52 am
Buzzing Stocks: TCS, Veritas, Tata Steel, Devyani International, LT Finance Holdings, Lemon Tree Hotels, Royal Sense and others in news
Stocks to watch: Check out the companies making headlines before the opening bell today, on March 19, 2024.Posted on 19 March 2024 | 6:52 am
Pakistan airstrikes in Afghanistan: US urges Islamabad to exercise restrain
Speaking at a press conference on Monday, White House Press Secretary Karine Jean-Pierre said the US also urges the Taliban, which rules Afghanistan, to ensure that Afghan soil is not used for launching terror attacks.Posted on 19 March 2024 | 6:51 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Deeply concerned about prospective Israeli operation in Rafah: Joe Biden tells Benjamin Netanyahu
This was the first time in a month that the two leaders spoke on phone.Posted on 19 March 2024 | 6:46 am
3 ways smart investors make money; one of them will work best today
Seasoned investors try to minimise the risk of losing invested capital and prefer to invest at times when the odds of a favourable return on their investment are relatively high. But when valuations are expensive, one must be careful and take safety measures while investing.Posted on 19 March 2024 | 6:44 am
Trading app Robinhood drops margin investing in UK launch
Robinhood, which launched its UK arm on Tuesday, had planned to offer margin investing, a risky form of trading in which customers borrow money to make bigger trades.Posted on 19 March 2024 | 6:40 am
Nvidia#39;s new software tools meant for companies adding AI to business
The release highlights Nvidia#39;s push to expand its presence in the AI application execution sector, called inference, where the company#39;s chips don#39;t dominate the market, said Joel Hellermark, CEO of Sana, a maker of AI assistants for companies.Posted on 19 March 2024 | 6:39 am
Bank of Japan expected to end negative rates
The US Federal Reserve and other central banks yanked up rates to rein in galloping inflation after Russia#39;s 2022 invasion of Ukraine.Posted on 19 March 2024 | 6:37 am
India can’t match China’s past 8-10% growth, Morgan Stanley says
India’s economy will likely grow steadily at 6.5%-7% over the long term, Chetan Ahya said in interview Monday with Bloomberg Television’s Haslinda Amin. The South Asian nation is also far from replacing its bigger rival as a global manufacturing hub, he added.Posted on 18 March 2024 | 2:58 pm
Electoral bonds: Megha Engineering, Embassy Group made up 80% donations to JD(S)
According to submissions made to the Election Commission of India by the party, while Megha Engineering Constructions Pvt Ltd donated Rs 50 crore, the Embassy Group gave Rs 22 crore.Posted on 18 March 2024 | 1:46 pm
New CPI series could combine 2022-23, 2023-24 consumer surveys; annual survey unlikely: Sources
Conducting the Household Consumer Expenditure Survey every year, in addition to be being a resource - in terms of time as well as financially - drain may also not provide enough new information, people in the know told Moneycontrol.Posted on 18 March 2024 | 10:06 am
Moneycontrol Pro Market Outlook | Market weakness can continue, structural analysis shows
The Indian market#39;s four-week winning streak was broken with the benchmark indices shedding 2 percent during the week. After showing weakness for many weeks, the small and mid-cap indices witnessed a sharp fallPosted on 18 March 2024 | 8:23 am
India#39;s forex reserves expands $10.47 billion to $636.095 billion
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.Posted on 15 March 2024 | 5:49 pm
The Reading List: March 15, 2024
A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teamsPosted on 15 March 2024 | 4:20 pm
Moneycontrol Pro Panorama | Markets need their Vitamin D too, as disclosures make them stronger
In today#39;s edition of Moneycontrol Pro Panorama: More NBFC#39;s piled in past three years, simultaneous polls may not be an unalloyed good thing, India’s next growth cycle is different, a PSU stock worth its weight in diamond, and morePosted on 15 March 2024 | 3:11 pm
India#39;s oilmeals export up 9% to nearly 5.16 lakh tonne in February on higher soyameal shipments
In a statement on Friday, Solvent Extraction of India (SEA) said the export of oilmeals in February stood at 515,704 tonne as compared to 4,71,770 tonne in the year-ago period.Posted on 15 March 2024 | 2:48 pm
India#39;s February trade deficit widens to $18.71 billion, exports at 11-month high
For the April 2023-February 2024 period, India#39;s trade deficit stood at $225.20 billionPosted on 15 March 2024 | 2:20 pm
India#39;s February trade deficit widens to $18.71 billion, exports surge 12%
For the April 2023-February 2024 period, India#39;s trade deficit stood at $225.20 billionPosted on 15 March 2024 | 2:20 pm
India#39;s February trade deficit widens to $18.71 billion, exports surge 12%
For the April 2023-February 2024 period, India#39;s trade deficit stood at $225.20 billionPosted on 15 March 2024 | 2:20 pm
Electoral bonds: BJP top receiver at Rs 6,061 crore, TMC 2nd with Rs 1,610 crore
According to data submitted by the State Bank of India to the Election Commission of India, the ruling Bharatiya Janata Party accounted for 48 percent of all electoral bonds encashed by political parties since April 2019, before the scheme was scrapped by the Supreme Court in February.Posted on 15 March 2024 | 12:52 pm
India needs to rally behind its edtech startups, beginning with Byju’s
Which side finally has its way in the Byju#39;s dispute is much less important than the founder-investor confrontation quietly changing the discourse about the company’s ability to make a difference in the country’s education arena and in showcasing the nation’s startup prowessÂPosted on 15 March 2024 | 12:20 pm
India needs to rally behind its edtech startups, beginning with Byju’s
Which side finally has its way in the Byju#39;s dispute is much less important than the founder-investor confrontation quietly changing the discourse about the company’s ability to make a difference in the country’s education arena and in showcasing the nation’s startup prowessÂPosted on 15 March 2024 | 12:20 pm
Electoral bonds: From lottery to milkshake firms, top 20 donors gave nearly Rs 6,000 crore
According to data submitted by the SBI to the Election Commission , the top 20 donors accounted for just under half of all contributions since the now-banned scheme was launched in early 2019.Posted on 15 March 2024 | 11:23 am
Stock Market Today: Top 10 things to know before the market opens
Trends in the GIFT Nifty indicate a weak start for the broader index in India, with a loss of 77.50 points or 0.35 percent.Posted on 19 March 2024 | 7:06 am
Donald Trump rules out Vivek Ramaswamy as running mate as he eyes new team
Trump personally told Ramaswamy he won’t be his vice presidential pick, according to people briefed on the discussion, but is considering him for posts including Homeland Security secretary.Posted on 19 March 2024 | 7:03 am
Donald Trump rules out Vivek Ramaswamy as running mate as he eyes new team
Trump personally told Ramaswamy he won’t be his vice presidential pick, according to people briefed on the discussion, but is considering him for posts including Homeland Security secretary.Posted on 19 March 2024 | 7:03 am
Telegram secures $330 million in bond sales
The offering was oversubscribed and terms of the bond were favorable for the company, Durov wrote on his own Telegram channel.Posted on 19 March 2024 | 6:59 am
Hot Stocks: Maruti Suzuki, Kotak Mahindra Bank, Tata Steel can give decent returns in short term, here#39;s why
The 50-day EMA (exponential moving average), currently placed at 21,916, seems to be acting as a strong support for the Nifty.Posted on 19 March 2024 | 6:52 am
Buzzing Stocks: TCS, Veritas, Tata Steel, Devyani International, LT Finance Holdings, Lemon Tree Hotels, Royal Sense and others in news
Stocks to watch: Check out the companies making headlines before the opening bell today, on March 19, 2024.Posted on 19 March 2024 | 6:52 am
Pakistan airstrikes in Afghanistan: US urges Islamabad to exercise restrain
Speaking at a press conference on Monday, White House Press Secretary Karine Jean-Pierre said the US also urges the Taliban, which rules Afghanistan, to ensure that Afghan soil is not used for launching terror attacks.Posted on 19 March 2024 | 6:51 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Delhi world#39;s most polluted capital city again: Report
With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir.Posted on 19 March 2024 | 6:48 am
Deeply concerned about prospective Israeli operation in Rafah: Joe Biden tells Benjamin Netanyahu
This was the first time in a month that the two leaders spoke on phone.Posted on 19 March 2024 | 6:46 am
3 ways smart investors make money; one of them will work best today
Seasoned investors try to minimise the risk of losing invested capital and prefer to invest at times when the odds of a favourable return on their investment are relatively high. But when valuations are expensive, one must be careful and take safety measures while investing.Posted on 19 March 2024 | 6:44 am
Trading app Robinhood drops margin investing in UK launch
Robinhood, which launched its UK arm on Tuesday, had planned to offer margin investing, a risky form of trading in which customers borrow money to make bigger trades.Posted on 19 March 2024 | 6:40 am
Nvidia#39;s new software tools meant for companies adding AI to business
The release highlights Nvidia#39;s push to expand its presence in the AI application execution sector, called inference, where the company#39;s chips don#39;t dominate the market, said Joel Hellermark, CEO of Sana, a maker of AI assistants for companies.Posted on 19 March 2024 | 6:39 am
Bank of Japan expected to end negative rates
The US Federal Reserve and other central banks yanked up rates to rein in galloping inflation after Russia#39;s 2022 invasion of Ukraine.Posted on 19 March 2024 | 6:37 am
ANZ CEO looks for India, China growth as focus shifts
Most of the Australian bank’s business across Asia Pacific is through its institutional bank, and the international return-on-equity has grown to mid-teens, up from around 3% when Elliott became CEO more than eight years ago, he said. In mainland China, where ANZ has about 300 people, he expects the business to keep growing.Posted on 18 March 2024 | 2:43 pm
BAT starts $2 billion buyback following its ITC stake sale
The maker of Lucky Strike cigarettes, Vuse vapes and Velo nicotine pouches said Monday that net proceeds of the ITC stake sale totaled £1.57 billion and that it will buy back as much as £1.6 billion of its own shares this year and next.Posted on 18 March 2024 | 2:14 pm
Equitas Small Finance Bank – Why we see opportunity in the underperformance
The stock price will be driven by the twin engines of earnings and possible valuation reratingPosted on 18 March 2024 | 12:34 pm
Venus Remedies gets marketing authorisations for three cancer drugs from Ukraine
Its total volume of exports to Ukraine stands at USD 2.20 million. By strengthening its product portfolio in Ukraine, the company aims to increase this figure by 20 per cent in the next one year, a company statement said.Posted on 18 March 2024 | 11:42 am
Gensol Engineering sets up 160 MW solar project in Gujarat at Rs 128 crore
The company has set up the ground-mounted project for Continuum Green Energy on engineering, procurement, and construction (EPC) basis, it said in a regulatory filing.Posted on 18 March 2024 | 11:31 am
Warehouse developers bet on India as companies look beyond China
"It is one of the most wanted places in India for European and American companies," said S. Raghuraman, an official of the Greenbase industrial park, near plants run by Apple supplier Foxconn and truckmaker Daimler.Posted on 18 March 2024 | 11:15 am
Adani bonds, shares decline as US expands probe into the group
A note from unit Adani Ports Special Economic Zone Ltd. due in 2041 slid 2.4 cents, the most since August, to 79.1 cents. Another bond from subsidiary Adani Renewable Energy RJ Ltd. due 2039 fell 2.3 cents to 83 cents, the worst drop since February 2023.Posted on 18 March 2024 | 11:03 am
Happy Birthday Alia: Alia Bhatt proves her business acumen with these ventures
On her birthday today, we list the investments and business opportunities backed by the actress.Posted on 15 March 2024 | 1:43 pm
SpiceJet to lease two A340 planes for Haj operations
The first phase of the Haj operations is scheduled to commence on May 9 to Medina.Posted on 15 March 2024 | 1:21 pm
KKR said to weigh $1 billion sale of school chain EuroKids
The US private equity firm is looking to hire financial advisers to help evaluate a sale, the people said, asking not to be identified as the matter is private. KKR could seek a valuation of about $1 billion for its majority stake, the people said.Posted on 15 March 2024 | 10:59 am
INOXGFL sees value unlocking opportunity in chemicals business, says Executive Director Jain
There are various things the company is doing in the chemicals space, which can lead to more unlocking opportunities, executive director Devansh Jain has saidPosted on 15 March 2024 | 10:33 am
Analysis: Tata Sons faces a delicate balancing act between pragmatism and upholding its legacy
RBI’s directive, issued in September 2023, requires Tata Sons, classified as an upper-layer non-banking financial company, to list its shares within three years. Tata Sons faces a deadline of September 2025 to go public.Posted on 15 March 2024 | 9:15 am
Hedge fund manager faces arrest over $533 million taken from Byju#39;s
Byju#39;s Alpha, a subsidiary controlled by Byju#39;s lenders, filed for U.S. bankruptcy in February after the Bangalore-based startup defaulted on $1.2 billion in debt.Posted on 15 March 2024 | 6:51 am
Hedge fund manager faces arrest over $533 million taken from ed-tech startup
Byju#39;s Alpha, a subsidiary controlled by Byju#39;s lenders, filed for U.S. bankruptcy in February after the Bangalore-based startup defaulted on $1.2 billion in debt.Posted on 15 March 2024 | 6:51 am
Hedge fund manager faces arrest over $533 million taken from ed-tech startup
Byju#39;s Alpha, a subsidiary controlled by Byju#39;s lenders, filed for U.S. bankruptcy in February after the Bangalore-based startup defaulted on $1.2 billion in debt.Posted on 15 March 2024 | 6:51 am