Indian IT stocks saw a significant drop on Tuesday. New artificial intelligence announcements from Nvidia sparked concerns about disruption in the sector. Investors are also awaiting the US Federal Reserve’s meeting outcome. Several major IT companies experienced declines, with some…
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West Asian geopolitical tensions are casting a shadow over India’s IPO pipeline. Mega listings worth nearly Rs 70,000 crore from companies like Jio Platforms and Flipkart are planned. However, recent market volatility and investor caution are forcing companies to reassess…
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Indian warships are actively escorting India-bound tankers and ships in the Arabian Sea, particularly near the Strait of Hormuz, as part of Operation Sankalp. This deployment aims to ensure the safe transit of vital gas and crude oil supplies following…
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The Reserve Bank of India is expected to increase money supply soon. This move aims to prevent short-term interest rates from rising sharply. It will also counter the effects of the RBI’s efforts to support the Rupee. Open market operations…
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Securities and Exchange Board of India (SEBI) has set up a working group to review the regulatory framework for mutual fund distributors (MFDs) and address overlaps between distributors and investment advisers (IAs), chairman Tuhin Kanta Pandey said on Monday.
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India still has a meaningful tax buffer to absorb crude shocks, as excise duties of Rs 19.9 per litre on gasoline and Rs 15.8 per litre on diesel can be cut to protect retail prices until about $110 per barrel…
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