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Buy NMDC; target of Rs 261: Prabhudas Lilladher

Prabhudas Lilladher is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 261 in its research report dated February 15, 2024.

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India records 893 active coronavirus cases

No new COVID-19 deaths have been reported in a span of 24 hours, the data updated by the Union Health Ministry at 8 am stated.

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Reduce Deepak Nitrite; target of Rs 1985: Prabhudas Lilladher

Prabhudas Lilladher recommended reduce rating on Deepak Nitrite with a target price of Rs 1985 in its research report dated February 15, 2024.

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Tamil Nadu govt presents budget, revenue deficit over Rs 49,000 crore; fiscal deficit sees increase

Thangam Thennarasu, who replaced PTR Palanivel Thiagarajan as Finance Minister last year, presented his maiden budget, a paperless, e-budget.

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SoftBank stock rises on CEO Masayoshi Son’s Plan for $100 billion chip project

Shares in the Tokyo-based tech investor gained as much as 3.2% after Bloomberg News reported the 66-year-old billionaire is seeking funding for a foray into AI chips to compete with Nvidia Corp.

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NTPC, JSW Energy, PowerGrid to benefit from rising power demand: Jefferies

On the supply side, the report highlighted that irregular rainfall and unusual dryness impacted hydropower generation which declined 19 percent YoY while All-India thermal PLF increased to 72 percent from 67 percent YoY in order to compensate for the deficit.

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News

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

  • Why finance keeps confusing investors: The everyday words that mislead us

    From “expensive” stocks to “liquid” funds and “corrections,” everyday language in finance often means something entirely different — and it’s tripping up even sensible investors.

  • Top 7 benefits of using a personal loan app for quick funding

    Personal loan apps make borrowing smoother and quicker than traditional loan options. Since the entire process can be completed on a mobile phone, you can stay in complete control.

  • 'Finfluencer' in fix: Why did Sebi impound ₹546 crore ‘earned’ by stock market trainer Avadhut Sathe?

    Capital markets regulator Sebi passed an order impounding over ₹546 crore in the accounts of unregistered investment advisor Avadhut Sathe and his trading academy.

  • Your credit score to get updated every week as RBI amends directions: All you need to know

    Until August 2024, credit institutions used to update credit information monthly. On 8 August 2024, the RBI instructed CIs to carry out credit information reporting every fortnight. This is now being revised to every week.

  • 6 key factors senior citizens should consider when choosing a credit card

    Senior citizens can choose the best credit card by considering factors such as low fees, competitive interest rates, rewards, fraud protection, mobile support, and flexible EMI options.

  • RBI rate cut: Will lower lending rates follow? Banks now charge these interest rates on home loans

    Interest rates on home loans, when linked to EBLR and MCLR, are adjusted based on the change in the RBI's repo rate.

  • Personal loans can help you rebuild your life after financial setbacks: Here are 5 tips to use them smartly

    Personal loans can support recovery after financial setbacks by offering quick, flexible credit, manageable EMIs and structured borrowing guidance while highlighting key risks and the importance of disciplined repayment.

  • How to get personal loans without salary slips using alternative income proofs and a strong credit profile

    Self-employed or informal income? Learn how to secure a personal loan by leveraging alternative income documents (ITR, GST, bank statements) and maintaining an excellent credit score above 750.

  • RBI’s policy review delivers Goldilocks economics—and lower loan rates

    RBI’s MPC delivers an unexpected unanimous 25 bps rate cut as inflation plunges to 0.25% and growth projections rise. Liquidity infusion of ₹1.5 lakh crore aims to speed up rate transmission.

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